Housing Market Analysis for ELM DRIVE, B31 5JQ

Are you looking to understand B31 5JQ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Birmingham postcode.

For the location information and nearby amenities in the B31 5JQ area, explore the B31 5JQ Area information page.
For comprehensive crime statistics in the B31 5JQ area, explore the B31 5JQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B31 5JQ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £188,138 median price is £162,000 Standard Deviation is £61,900 with Total Sold: 25
    • The Last 5 Year average price is £293,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 17 ELM DRIVE: £418,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is 1 ELM DRIVE: £159,950 (Sold on 23 Jun 2003)
  • Flat
    • The average price is around £106,657 median price is £102,950 Standard Deviation is £13,017 with Total Sold: 14
    • The Last 5 Year average price is £126,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 20 ELM DRIVE: £127,000 (Sold on 17 Aug 2023)
    • The first recorded sale happened at this postcode is 18 ELM DRIVE: £127,000 (Sold on 08 Mar 2024)
  • Detached
    • The average price is around £224,117 median price is £226,250 Standard Deviation is £36,107 with Total Sold: 12
    • The Last 5 Year average price is £323,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 ELM DRIVE: £323,000 (Sold on 30 Sep 2021)
    • The first recorded sale happened at this postcode is 5 ELM DRIVE: £199,950 (Sold on 30 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 5JQ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£418,0001
2023£320,000 £2,462 1
2021£218,000 £2,117 2
2018£190,000 £1,881 1
2017£189,000 £1,853 2
2013£160,000 £1,569 1
2011£161,000 £1,491 2
2009£149,000 £1,536 1
2007£168,950 £1,625 1
2006£200,650 £1,856 3
2004£233,000 £1,926 1
2003£147,394 £1,369 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£127,000 £2,264 1
2022£126,0001
2018£114,000 £2,011 1
2014£92,000 £1,614 1
2012£83,000 £1,464 1
2006£93,000 £1,658 1
2004£106,462 £1,883 4
2003£101,783 £1,793 3
2024£127,000 £2,228 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£323,000 £3,330 1
2015£218,500 £2,443 2
2010£240,000 £2,449 1
2008£210,500 £2,392 2
2004£197,7252
2003£218,238 £2,189 4

All the Sales in the ELM DRIVE, B31 5JQ

See the table below for more details on the sold house prices in the B31 5JQ, Birmingham postcode.

AddressSold DatePrice% Change
17 ELM DRIVETerraced, Freehold22 Aug 2024£418,00077.12%
17 Nov 2006£236,0001.29%
06 Apr 2004£233,000First Sale
20 ELM DRIVEFlat, LeaseholdArea: 56.1 Sq.mtrAge: 2003-200617 Aug 2023£127,00036.56%
03 Mar 2006£93,000-8.78%
30 Jan 2004£101,950First Sale
2 ELM DRIVETerraced, FreeholdArea: 130 Sq.mtrAge: 2003-200630 May 2023£320,000119.25%
22 Aug 2003£145,950First Sale
22 ELM DRIVEFlat, Leasehold01 Jul 2022£126,00024.20%
19 Dec 2003£101,450First Sale
10 ELM DRIVETerraced, FreeholdArea: 104 Sq.mtrAge: 2003-200627 Oct 2021£220,00030.22%
05 Oct 2007£168,95013.43%
19 Dec 2003£148,950First Sale
5 ELM DRIVEDetached, FreeholdArea: 97 Sq.mtrAge: 2003-200630 Sep 2021£323,00036.29%
06 Feb 2015£237,0002.16%
28 May 2008£232,00016.03%
30 Sep 2003£199,950First Sale
14 ELM DRIVETerraced, FreeholdArea: 102 Sq.mtrAge: 2003-200629 Jun 2021£216,00013.68%
28 Sep 2017£190,0001.06%
30 Jun 2017£188,00017.50%
12 Nov 2013£160,00013.52%
18 Dec 2003£140,950First Sale
26 ELM DRIVEFlat, LeaseholdArea: 56.69 Sq.mtrAge: 1996-200201 Oct 2018£114,00037.35%
30 Nov 2012£83,000-18.59%
16 Dec 2003£101,950First Sale
6 ELM DRIVETerraced, FreeholdArea: 101 Sq.mtrAge: 2003-200602 Feb 2018£190,00018.75%
19 May 2011£160,000-10.11%
23 Feb 2006£178,00020.31%
15 Dec 2003£147,950First Sale
30 ELM DRIVEDetached, Freehold28 Jul 2015£200,0005.82%
20 Jun 2008£189,00011.21%
28 May 2004£169,950First Sale
18 ELM DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 1996-200219 Dec 2014£92,000-19.30%
27 Apr 2004£114,00011.82%
18 Dec 2003£101,950-19.72%
08 Mar 2024£127,000First Sale
16 ELM DRIVETerraced, FreeholdArea: 115.92 Sq.mtrAge: 2003-200608 Apr 2011£162,0009.50%
16 Dec 2003£147,950First Sale
7 ELM DRIVEDetached, FreeholdArea: 98 Sq.mtrAge: 1996-200215 Jan 2010£240,0005.73%
19 Dec 2003£227,000First Sale
12 ELM DRIVETerraced, FreeholdArea: 97 Sq.mtrAge: 2003-200620 Jul 2009£149,0000.03%
12 Dec 2003£148,950First Sale
1 ELM DRIVETerraced, Freehold21 Jul 2006£187,95017.51%
23 Jun 2003£159,950First Sale
24 ELM DRIVEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-200610 Mar 2004£105,950First Sale
11 ELM DRIVEDetached, Freehold06 Feb 2004£225,500First Sale
28 ELM DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-200629 Jan 2004£103,950First Sale
3 ELM DRIVEDetached, Freehold19 Dec 2003£218,500First Sale
8 ELM DRIVETerraced, Freehold19 Dec 2003£140,950First Sale
15 ELM DRIVEDetached, Freehold27 Nov 2003£227,500First Sale
4 ELM DRIVETerraced, Freehold31 Jul 2003£144,950First Sale

Check out the sold house prices near the B31 5JQ postcode. Properties currently for saleProperties currently for rent

ELM DRIVE, B31 5JQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B31 5JQ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the B31 5JQ postcode.

  • Terraced
    • The average price is around £117,806 median price is £119,950 Standard Deviation is £51,065 with Total Sold: 952
    • The Last 5 Year average price is £183,192 with Total Sold: 125
    • The most recent sale happened at this postcode is , 5 HERBERT ROAD: £196,100 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 280 THE ROUNDABOUT: £42,000 (Sold on 03 May 1995)
  • Flat
    • The average price is around £105,684 median price is £106,500 Standard Deviation is £23,939 with Total Sold: 151
    • The Last 5 Year average price is £130,153 with Total Sold: 29
    • The most recent sale happened at this postcode is APARTMENT 4, 531 TESSALL LANE: £115,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 1, 338A TESSALL LANE: £33,000 (Sold on 15 Oct 1997)
  • Detached
    • The average price is around £199,152 median price is £184,250 Standard Deviation is £67,631 with Total Sold: 344
    • The Last 5 Year average price is £305,659 with Total Sold: 37
    • The most recent sale happened at this postcode is , 3 DRUMLIN WALK: £295,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 OAKLANDS WAY: £124,000 (Sold on 19 Dec 1997)
  • Semi-Detached
    • The average price is around £127,173 median price is £130,000 Standard Deviation is £58,587 with Total Sold: 562
    • The Last 5 Year average price is £195,131 with Total Sold: 100
    • The most recent sale happened at this postcode is , 8 RAVEN HAYS ROAD: £220,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 316 TESSALL LANE: £41,000 (Sold on 29 Mar 1995)
  • Other
    • The average price is around £1,380,912 median price is £253,125 Standard Deviation is £1,901,723 with Total Sold: 8
    • The Last 5 Year average price is £1,879,300 with Total Sold: 4
    • The most recent sale happened at this postcode is , ROSS HOUSE NURSING HOME SHELDON DRIVE: £1,600,000 (Sold on 27 Jun 2022)
    • The first recorded sale happened at this postcode is , 111 HOLLYMOOR WAY: £3,350,000 (Sold on 21 Sep 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£218,975 £2,439 16
2023£199,667 £2,466 15
2022£214,660 £2,716 20
2021£174,104 £2,326 25
2020£159,262 £2,060 16
2019£157,769 £2,043 33
2018£153,248 £2,063 26
2017£156,946 £1,829 30
2016£138,459 £1,923 39
2015£123,239 £1,671 37
2014£134,279 £1,798 25
2013£136,937 £1,842 25
2012£128,499 £1,535 14
2011£120,599 £1,550 15
2010£107,820 £1,572 15
2009£121,528 £1,293 16
2008£131,790 £1,749 21
2007£132,396 £1,688 34
2006£130,143 £1,631 52
2005£123,253 £1,774 46
2004£125,557 £1,571 46
2003£120,119 £1,371 86
2002£95,733 £1,086 66
2001£75,098 £967 40
2000£69,772 £963 25
1999£60,397 £885 87
1998£59,392 £931 59
1997£46,067 £617 9
1996£41,369 £539 8
1995£44,450 £295 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,000 £2,228 2
2023£140,300 £2,426 5
2022£135,917 £2,280 6
2021£129,643 £2,169 7
2020£126,000 £2,148 2
2019£122,279 £2,139 7
2018£111,939 £1,972 9
2017£113,750 £2,275 2
2016£95,000 £1,668 1
2015£108,290 £2,010 17
2014£121,454 £1,967 13
2013£83,125 £1,407 4
2012£73,500 £1,285 3
2011£89,000 £1,548 1
2010£51,000 £879 1
2008£100,000 £1,818 1
2007£106,000 £1,683 4
2006£111,740 £1,945 10
2005£105,438 £1,784 4
2004£106,571 £1,863 12
2003£94,890 £1,763 21
2002£84,123 £1,560 15
2000£37,500 £614 2
1999£36,500 £664 1
1997£33,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,250 £3,563 4
2023£383,500 £3,354 3
2022£275,167 £3,139 6
2021£310,814 £2,799 11
2020£314,564 £2,879 7
2019£289,000 £2,732 6
2018£263,248 £2,368 10
2017£241,744 £2,478 8
2016£242,372 £2,213 9
2015£240,728 £2,163 14
2014£233,124 £2,094 12
2013£189,875 £1,903 5
2012£186,560 £1,862 16
2011£164,609 £1,898 9
2010£207,250 £1,903 4
2009£187,375 £1,987 4
2008£225,200 £2,134 5
2007£246,611 £2,103 9
2006£221,267 £2,052 9
2005£237,269 £2,088 13
2004£209,114 £1,931 35
2003£191,650 £1,823 18
2002£153,449 £1,469 36
2001£147,831 £1,316 43
2000£147,005 £1,219 20
1999£114,511 £1,066 18
1998£121,439 £957 9
1997£124,000 £1,319 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,167 £3,235 6
2023£194,708 £2,737 12
2022£211,496 £2,587 23
2021£185,534 £2,441 23
2020£190,650 £2,379 10
2019£173,979 £2,297 26
2018£171,389 £2,186 18
2017£169,376 £2,191 29
2016£153,712 £1,965 14
2015£140,566 £1,751 15
2014£152,957 £1,976 40
2013£150,997 £2,032 22
2012£136,526 £1,625 27
2011£122,031 £1,571 14
2010£116,839 £1,488 14
2009£106,250 £1,161 7
2008£125,333 £1,562 9
2007£128,630 £1,624 15
2006£138,281 £1,641 16
2005£115,996 £1,532 25
2004£111,126 £1,505 17
2003£115,529 £1,360 19
2002£77,785 £1,090 28
2001£70,068 £952 17
2000£66,120 £816 30
1999£63,494 £883 45
1998£53,274 £748 17
1997£53,409 £586 10
1996£35,700 £392 5
1995£44,889 £591 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,600,0001
2021£208,600 £706 2
2020£5,500,0001
2018£31,450 £273 1
2017£74,3252
2015£3,350,0001

House Type in B31 5JQ area

The most common house types in the B31 5JQ postcode area are Terraced (67), Detached (36), and Semi-detached (30).

Total134
Terraced67
Detached36
Semi-detached30
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (67), and Owned: Owns outright (30).

Owned: Owns with a mortgage or loan67
Owned: Owns outright30
Private rented: Private landlord or letting agency17
Social rented: Rents from council or Local Authority7
Social rented: Other social rented7
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B31 5JQ have 2 people in household (38), and 3 people in household (32).

2 people in household38
3 people in household32
1 person in household28
4 people in household25
5 people in household6
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0