Housing Market Analysis for HANGING LANE, B31 5LP

Are you looking to understand B31 5LP 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 5LP area, explore the B31 5LP Area information page.
For comprehensive crime statistics in the B31 5LP area, explore the B31 5LP Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £178,594 median price is £160,400 Standard Deviation is £46,265 with Total Sold: 9
    • The Last 5 Year average price is £253,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 HANGING LANE: £295,000 (Sold on 20 Jun 2022)
    • The first recorded sale happened at this postcode is 8 HANGING LANE: £152,000 (Sold on 30 Nov 2007)
  • Other
    • The average price is around £24,000,000 median price is £24,000,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £24,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is NORTH WORCESTERSHIRE GOLF CLUB LTD HANGING LANE: £24,000,000 (Sold on 02 Mar 2021)
    • The first recorded sale happened at this postcode is NORTH WORCESTERSHIRE GOLF CLUB LTD HANGING LANE: £24,000,000 (Sold on 02 Mar 2021)
  • Detached
    • The average price is around £171,000 median price is £171,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 HANGING LANE: £171,000 (Sold on 05 Dec 2011)
    • The first recorded sale happened at this postcode is 20 HANGING LANE: £171,000 (Sold on 05 Dec 2011)
  • Terraced
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 24 HANGING LANE: £250,000 (Sold on 01 Aug 2007)
    • The first recorded sale happened at this postcode is 24 HANGING LANE: £250,000 (Sold on 01 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 5LP 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£295,000 £3,831 1
2019£212,000 £2,208 1
2018£183,000 £2,377 1
2017£135,000 £1,753 1
2014£149,950 £2,083 1
2013£160,400 £1,671 1
2008£168,000 £2,333 1
2007£152,000 £1,757 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£24,000,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£171,000 £1,852 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£250,0001

All the Sales in the HANGING LANE, B31 5LP

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

AddressSold DatePrice% Change
10 HANGING LANESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196620 Jun 2022£295,00061.20%
15 Jan 2018£183,00035.56%
06 Jan 2017£135,000First Sale
NORTH WORCESTERSHIRE GOLF CLUB LTD HANGING LANEOther, Freehold02 Mar 2021£24,000,000First Sale
12 HANGING LANESemi-Detached, LeaseholdArea: 96 Sq.mtrAge: 1976-198224 Apr 2019£212,00032.17%
11 Oct 2013£160,400First Sale
2 HANGING LANESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1976-198230 May 2014£149,950-10.74%
01 Feb 2008£168,000First Sale
20 HANGING LANEDetached, LeaseholdArea: 92.32 Sq.mtrAge: 1976-198205 Dec 2011£171,000First Sale
8 HANGING LANESemi-Detached, FreeholdArea: 86.5 Sq.mtrAge: 1976-198230 Nov 2007£152,0000.0
30 Nov 2007£152,000First Sale
24 HANGING LANETerraced, Freehold01 Aug 2007£250,000First Sale

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

HANGING LANE, B31 5LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B31 5LP 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 5LP postcode.

  • Semi-Detached
    • The average price is around £120,585 median price is £116,000 Standard Deviation is £62,044 with Total Sold: 1,358
    • The Last 5 Year average price is £207,527 with Total Sold: 239
    • The most recent sale happened at this postcode is , 116 WEST PARK AVENUE: £247,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 83 JOSIAH ROAD: £37,000 (Sold on 01 Jan 1995)
  • Terraced
    • The average price is around £106,352 median price is £100,500 Standard Deviation is £53,620 with Total Sold: 820
    • The Last 5 Year average price is £173,458 with Total Sold: 153
    • The most recent sale happened at this postcode is , 27 KELBY CLOSE: £194,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 43 TUDBURY ROAD: £40,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £180,276 median price is £157,500 Standard Deviation is £88,540 with Total Sold: 68
    • The Last 5 Year average price is £327,273 with Total Sold: 11
    • The most recent sale happened at this postcode is , 97 HANGING LANE: £355,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 1069 BRISTOL ROAD SOUTH: £58,500 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £3,160,875 median price is £183,000 Standard Deviation is £7,876,822 with Total Sold: 8
    • The Last 5 Year average price is £4,157,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , 23 CHEVERTON ROAD: £350,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 64 CHELSTON ROAD: £159,000 (Sold on 15 Feb 2018)
  • Flat
    • The average price is around £68,626 median price is £66,925 Standard Deviation is £27,349 with Total Sold: 174
    • The Last 5 Year average price is £88,411 with Total Sold: 35
    • The most recent sale happened at this postcode is FLAT 309, GUARDIAN COURT FRANKLEY BEECHES ROAD: £70,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 19 LOMAS DRIVE: £39,000 (Sold on 10 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£237,778 £2,767 18
2023£226,648 £2,743 48
2022£238,076 £2,930 45
2021£195,866 £2,486 43
2020£175,506 £2,048 27
2019£182,162 £2,179 58
2018£176,020 £2,149 44
2017£143,882 £1,799 37
2016£147,201 £1,809 49
2015£136,084 £1,620 40
2014£133,106 £1,618 55
2013£133,089 £1,616 40
2012£113,282 £1,362 30
2011£108,180 £1,366 30
2010£114,018 £1,368 22
2009£116,514 £1,445 28
2008£119,888 £1,502 44
2007£128,767 £1,499 66
2006£129,009 £1,583 64
2005£110,426 £1,469 57
2004£116,299 £1,453 61
2003£92,862 £1,169 57
2002£81,227 £998 64
2001£67,531 £839 59
2000£56,872 £596 41
1999£50,335 £598 45
1998£53,079 £609 56
1997£46,321 £568 45
1996£46,740 £597 41
1995£43,327 £535 44
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,364 £2,757 11
2023£196,294 £2,384 17
2022£184,881 £2,443 37
2021£173,000 £2,284 33
2020£158,015 £1,998 30
2019£147,880 £1,912 25
2018£138,488 £1,791 24
2017£137,611 £1,728 38
2016£125,014 £1,679 29
2015£106,745 £1,389 28
2014£107,630 £1,340 23
2013£99,698 £1,300 20
2012£98,433 £1,295 15
2011£94,657 £1,192 15
2010£107,832 £1,283 20
2009£99,938 £1,267 20
2008£121,720 £1,426 20
2007£116,168 £1,434 41
2006£105,430 £1,361 37
2005£110,789 £1,443 48
2004£97,049 £1,293 28
2003£90,281 £1,117 33
2002£77,506 £828 33
2001£63,544 £852 35
2000£46,996 £535 28
1999£45,016 £526 32
1998£44,629 £514 24
1997£44,630 £564 30
1996£42,640 £606 26
1995£40,572 £511 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,0001
2023£311,667 £3,239 3
2022£386,500 £3,139 2
2021£340,000 £2,873 1
2020£299,250 £2,580 4
2017£187,738 £2,389 4
2016£204,000 £1,981 1
2015£265,000 £2,127 1
2014£235,000 £1,880 2
2013£215,667 £1,614 3
2011£167,750 £1,652 4
2010£218,750 £1,535 2
2009£192,000 £1,444 2
2008£216,0001
2007£170,650 £2,005 3
2006£199,0001
2005£125,5002
2004£192,250 £1,927 2
2003£152,571 £756 7
2002£134,000 £1,086 2
2001£103,885 £1,114 10
2000£105,000 £989 2
1999£125,000 £923 2
1998£76,000 £1,091 2
1996£60,7502
1995£79,250 £891 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£190,000 £2,836 1
2022£175,000 £2,500 1
2021£24,000,0001
2019£114,000 £2,291 2
2018£172,000 £1,768 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,162 £1,656 8
2022£76,937 £1,492 12
2021£83,333 £1,483 3
2020£102,500 £1,830 5
2019£86,764 £1,800 7
2018£89,583 £1,565 6
2017£79,000 £1,480 5
2016£84,500 £1,453 4
2015£68,000 £1,276 7
2014£75,500 £1,561 6
2013£71,600 £1,377 5
2012£63,244 £2,067 8
2011£71,125 £1,179 4
2010£62,250 £1,255 4
2009£58,475 £1,322 2
2008£72,612 £1,300 4
2007£99,080 £1,526 5
2006£98,100 £1,580 5
2005£98,438 £1,769 8
2004£75,321 £1,381 8
2003£59,738 £929 4
2002£45,636 £655 8
2001£47,907 £784 15
2000£41,500 £768 6
1999£37,186 £610 7
1998£35,594 £598 8
1997£35,833 £592 6
1996£28,0001
1995£35,500 £546 3

House Type in B31 5LP area

The most common house types in the B31 5LP postcode area are Flat (48), Semi-detached (40), and Detached (8).

Total97
Flat48
Semi-detached40
Detached8
Shared house1
Terraced0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Private rented: Private landlord or letting agency (23).

Owned: Owns outright50
Private rented: Private landlord or letting agency23
Owned: Owns with a mortgage or loan20
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B31 5LP have 1 person in household (39), and 2 people in household (29).

1 person in household39
2 people in household29
3 people in household16
4 people in household8
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0