Housing Market Analysis for LOMAS DRIVE, B31 5LR

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

Overview of Sold House prices

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

Terraced
- The average price is around £79,517 median price is £77,500 Standard Deviation is £34,396 with Total Sold: 14
- The Last 5 Year average price is £112,098 with Total Sold: 5
- The most recent sale happened at this postcode is 48 LOMAS DRIVE: £130,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is 43 LOMAS DRIVE: £37,000 (Sold on 27 Oct 1995)
Flat
- The average price is around £77,811 median price is £81,000 Standard Deviation is £30,235 with Total Sold: 58
- The Last 5 Year average price is £108,217 with Total Sold: 12
- The most recent sale happened at this postcode is 19 LOMAS DRIVE: £111,300 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 19 LOMAS DRIVE: £39,000 (Sold on 10 Apr 1995)
Semi-Detached
- The average price is around £101,133 median price is £104,500 Standard Deviation is £45,918 with Total Sold: 9
- The Last 5 Year average price is £126,000 with Total Sold: 1
- The most recent sale happened at this postcode is 33 LOMAS DRIVE: £126,000 (Sold on 30 Nov 2021)
- The first recorded sale happened at this postcode is 47 LOMAS DRIVE: £35,250 (Sold on 01 Sep 1995)
Other
- The average price is around £185,000 median price is £185,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 9 LOMAS DRIVE: £185,000 (Sold on 19 Mar 2018)
- The first recorded sale happened at this postcode is 9 LOMAS DRIVE: £185,000 (Sold on 19 Mar 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 5LR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,000	£2,131	1
2023	£104,995	£1,786	2
2022	£145,500	£2,425	1
2021	£75,000	£1,230	1
2009	£80,000	£1,350	1
2006	£103,000		1
2003	£87,500	£1,439	1
2002	£61,000	£701	1
1998	£61,000	£772	1
1997	£40,998	£700	2
1996	£41,250		1
1995	£37,000	£425	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£107,520	£1,723	5
2022	£113,000	£1,815	3
2021	£92,500	£1,451	2
2020	£120,000	£2,172	1
2019	£117,000	£2,017	1
2018	£126,000		1
2017	£100,500	£1,671	2
2015	£72,500	£1,152	2
2014	£95,000	£2,262	1
2013	£82,000	£1,410	1
2012	£66,250	£4,662	2
2011	£70,667	£1,150	3
2010	£60,000	£1,016	1
2008	£99,950	£1,639	1
2007	£101,500	£1,732	2
2006	£93,250	£1,558	2
2005	£102,500	£1,755	6
2004	£100,500	£1,576	2
2002	£49,763	£640	3
2001	£48,817	£798	3
2000	£42,500	£815	4
1999	£45,000	£776	1
1998	£39,812	£624	4
1997	£36,000	£621	3
1995	£38,750	£574	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£126,000	£2,136	1
2018	£192,000	£2,341	1
2013	£135,000	£1,709	1
2008	£104,500	£1,833	1
2006	£104,475	£1,789	2
1999	£45,000		1
1998	£63,500	£747	1
1995	£35,250		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£185,000	£2,176	1

All the Sales in the LOMAS DRIVE, B31 5LR

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

Address	Sold Date	Price	% Change
48 LOMAS DRIVETerraced, LeaseholdArea: 61 Sq.mtrAge: 1976-1982	31 Jan 2024	£130,000	73.33%
	09 Sep 2021	£75,000	First Sale
34 LOMAS DRIVETerraced, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	30 Nov 2023	£124,990	First Sale
19 LOMAS DRIVEFlat, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	06 Oct 2023	£111,300	0.0
	06 Oct 2023	£111,300	185.38%
	10 Apr 1995	£39,000	First Sale
14 LOMAS DRIVETerraced, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	11 Aug 2023	£85,000	102.38%
	06 Jun 1997	£42,000	First Sale
22 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	26 Jun 2023	£80,000	-24.53%
	19 Aug 2005	£106,000	112.21%
	20 Apr 2001	£49,950	First Sale
16 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	03 Apr 2023	£105,000	First Sale
59 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	10 Mar 2023	£130,000	First Sale
51 LOMAS DRIVEFlat, LeaseholdArea: 69 Sq.mtrAge: 1983-1990	02 Dec 2022	£121,000	27.37%
51 LOMAS DRIVEFlat, LeaseholdArea: 69 Sq.mtrAge: 1983-1990	30 Apr 2021	£95,000	First Sale
2 LOMAS DRIVETerraced, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	05 Aug 2022	£145,500	First Sale
41 LOMAS DRIVEFlat, LeaseholdArea: 57.73 Sq.mtrAge: 1976-1982	25 Feb 2022	£128,000	28.00%
	05 Jan 2007	£100,000	122.22%
	01 Aug 2001	£45,000	First Sale
62 LOMAS DRIVEFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	18 Feb 2022	£90,000	First Sale
33 LOMAS DRIVESemi-Detached, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	30 Nov 2021	£126,000	First Sale
24 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	16 Jul 2021	£90,000	164.71%
24 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	11 Dec 1998	£34,000	First Sale
20 LOMAS DRIVEFlat, LeaseholdArea: 55.24 Sq.mtrAge: 1976-1982	24 Apr 2020	£120,000	166.67%
	05 Jun 2000	£45,000	First Sale
32 LOMAS DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	18 Sep 2019	£117,000	11.96%
	16 May 2008	£104,500	2.45%
	21 Jul 2006	£102,000	First Sale
4 LOMAS DRIVEFlat, Leasehold	16 Jul 2018	£126,000	27.27%
	23 Nov 2005	£99,000	33.78%
	13 Dec 2002	£74,000	97.33%
	21 Jan 2000	£37,500	First Sale
9 LOMAS DRIVEOther, LeaseholdArea: 85 Sq.mtrAge: 1967-1975	19 Mar 2018	£185,000	191.34%
9 LOMAS DRIVEOther, LeaseholdArea: 85 Sq.mtrAge: 1967-1975	28 Aug 1998	£63,500	First Sale
3 LOMAS DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	28 Feb 2018	£192,000	First Sale
25 LOMAS DRIVEFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	01 Nov 2017	£105,000	5.05%
25 LOMAS DRIVEFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	21 Feb 2008	£99,950	First Sale
46 LOMAS DRIVEFlat, LeaseholdArea: 59.25 Sq.mtrAge: 1967-1975	11 Aug 2017	£96,000	20.00%
	05 Jun 2009	£80,000	First Sale
36 LOMAS DRIVEFlat, LeaseholdArea: 58.14 Sq.mtrAge: 1976-1982	10 Dec 2015	£75,000	-8.54%
	28 Jun 2013	£82,000	9.33%
	27 May 2011	£75,000	114.29%
	23 May 1997	£35,000	First Sale
60 LOMAS DRIVEFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-1966	05 Jan 2015	£70,000	52.17%
60 LOMAS DRIVEFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-1966	18 Dec 1998	£46,000	First Sale
6 LOMAS DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 1976-1982	03 Oct 2014	£95,000	-6.40%
6 LOMAS DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: 1976-1982	14 Jul 2006	£101,500	First Sale
1 LOMAS DRIVESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1976-1982	01 Mar 2013	£135,000	121.31%
	06 Feb 1998	£61,000	First Sale
28 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1976-1982	17 Sep 2012	£67,000	First Sale
37 LOMAS DRIVEFlat, LeaseholdArea: 8 Sq.mtrAge: 1950-1966	11 Apr 2012	£65,500	First Sale
56 LOMAS DRIVEFlat, LeaseholdArea: 67.89 Sq.mtrAge: 1976-1982	01 Jun 2011	£70,000	-33.96%
	17 Sep 2004	£106,000	173.55%
	31 Jul 1998	£38,750	First Sale
42 LOMAS DRIVEFlat, LeaseholdArea: 59.28 Sq.mtrAge: 1976-1982	25 May 2011	£67,000	First Sale
44 LOMAS DRIVEFlat, LeaseholdArea: 59.06 Sq.mtrAge: 1967-1975	30 Sep 2010	£60,000	First Sale
52 LOMAS DRIVEFlat, Leasehold	31 Oct 2007	£103,000	First Sale
10 LOMAS DRIVETerraced, Leasehold	29 Sep 2006	£103,000	First Sale
65 LOMAS DRIVEFlat, LeaseholdArea: 60.91 Sq.mtrAge: 1976-1982	18 Aug 2006	£85,000	First Sale
47 LOMAS DRIVESemi-Detached, Leasehold	25 Jul 2006	£106,950	137.67%
	17 Sep 1999	£45,000	27.66%
	01 Sep 1995	£35,250	First Sale
21 LOMAS DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	16 Dec 2005	£102,000	187.32%
21 LOMAS DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	07 Aug 1997	£35,500	First Sale
8 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-1966	25 Nov 2005	£99,000	54.69%
8 LOMAS DRIVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-1966	17 Jun 2002	£64,000	First Sale
18 LOMAS DRIVEFlat, Leasehold	27 Jul 2005	£102,000	98.06%
18 LOMAS DRIVEFlat, Leasehold	23 Mar 2001	£51,500	First Sale
53 LOMAS DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 1950-1966	20 May 2005	£107,000	137.78%
	17 Sep 1999	£45,000	20.00%
	19 Dec 1997	£37,500	First Sale
49 LOMAS DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	24 Nov 2004	£95,000	741.60%
	28 Nov 2002	£11,288	-72.13%
	28 Aug 1998	£40,500	First Sale
27 LOMAS DRIVETerraced, LeaseholdArea: 60.81 Sq.mtrAge: 1976-1982	12 Sep 2003	£87,500	First Sale
43 LOMAS DRIVETerraced, LeaseholdArea: 87 Sq.mtrAge: 1950-1966	20 Jun 2002	£61,000	64.86%
	27 Oct 1995	£37,000	First Sale
58 LOMAS DRIVEFlat, Leasehold	24 Jul 2000	£46,500	First Sale
45 LOMAS DRIVEFlat, Leasehold	12 May 2000	£41,000	First Sale
66 LOMAS DRIVETerraced, Leasehold	14 Nov 1997	£39,995	First Sale
12 LOMAS DRIVETerraced, Leasehold	06 Dec 1996	£41,250	First Sale
50 LOMAS DRIVEFlat, Leasehold	17 Aug 1995	£38,500	First Sale

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

LOMAS DRIVE, B31 5LR Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £122,454 median price is £118,250 Standard Deviation is £62,917 with Total Sold: 1,338
- The Last 5 Year average price is £208,476 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 £108,516 median price is £102,000 Standard Deviation is £54,830 with Total Sold: 845
- The Last 5 Year average price is £175,662 with Total Sold: 146
- 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 £187,785 median price is £180,000 Standard Deviation is £85,097 with Total Sold: 85
- The Last 5 Year average price is £303,667 with Total Sold: 18
- 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 £1,590,912 median price is £190,000 Standard Deviation is £5,602,744 with Total Sold: 17
- The Last 5 Year average price is £2,358,318 with Total Sold: 11
- 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 , 1155 BRISTOL ROAD SOUTH: £90,000 (Sold on 22 May 2017)
Flat
- The average price is around £80,321 median price is £77,000 Standard Deviation is £33,792 with Total Sold: 243
- The Last 5 Year average price is £99,007 with Total Sold: 50
- The most recent sale happened at this postcode is APARTMENT 7, WOLSELEY HOUSE, 3 SCHOOL CLOSE: £135,000 (Sold on 19 Jan 2024)
- The first recorded sale happened at this postcode is FLAT 4, BOSMERE COURT, 991 BRISTOL ROAD SOUTH: £40,000 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,632	£2,767	19
2023	£227,726	£2,743	47
2022	£238,076	£2,930	45
2021	£197,442	£2,515	39
2020	£178,350	£2,099	29
2019	£182,115	£2,185	60
2018	£177,331	£2,177	42
2017	£143,851	£1,786	36
2016	£153,361	£1,819	48
2015	£138,624	£1,645	39
2014	£133,534	£1,618	54
2013	£133,089	£1,616	40
2012	£114,188	£1,371	29
2011	£108,180	£1,366	30
2010	£114,018	£1,368	22
2009	£116,831	£1,449	27
2008	£120,692	£1,502	42
2007	£129,973	£1,514	63
2006	£132,118	£1,609	65
2005	£112,626	£1,478	58
2004	£121,889	£1,479	61
2003	£95,778	£1,188	58
2002	£81,243	£1,002	64
2001	£69,238	£847	60
2000	£56,238	£603	41
1999	£51,138	£598	44
1998	£54,008	£623	54
1997	£47,221	£583	40
1996	£47,419	£602	39
1995	£45,047	£546	43

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,556	£2,724	9
2023	£196,374	£2,375	16
2022	£187,252	£2,440	38
2021	£177,370	£2,322	27
2020	£162,045	£2,009	32
2019	£150,400	£1,909	24
2018	£148,359	£1,855	27
2017	£142,100	£1,772	37
2016	£130,680	£1,712	30
2015	£106,968	£1,366	28
2014	£108,977	£1,354	22
2013	£100,339	£1,311	19
2012	£98,033	£1,281	15
2011	£95,866	£1,191	16
2010	£111,405	£1,283	22
2009	£105,968	£1,285	23
2008	£119,495	£1,426	21
2007	£122,560	£1,462	39
2006	£119,043	£1,407	44
2005	£116,134	£1,466	55
2004	£101,608	£1,332	31
2003	£91,573	£1,133	35
2002	£76,804	£837	35
2001	£64,718	£850	37
2000	£47,264	£543	28
1999	£45,600	£553	34
1998	£45,404	£523	25
1997	£44,730	£571	30
1996	£44,150	£617	26
1995	£41,172	£519	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£327,500	£3,488	2
2023	£282,200	£3,025	5
2022	£317,600	£3,128	5
2021	£307,500	£2,622	2
2020	£299,250	£2,580	4
2017	£204,190	£2,284	5
2016	£217,000	£2,055	2
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	£187,488	£1,384	4
2008	£198,000	£1,333	2
2007	£187,988	£2,005	4
2006	£186,667	£1,525	3
2005	£125,500		2
2004	£192,250	£1,927	2
2003	£152,571	£756	7
2002	£134,000	£1,086	2
2001	£103,885	£1,114	10
2000	£106,000	£989	3
1999	£125,000	£923	2
1998	£76,000	£1,091	2
1996	£60,750		2
1995	£80,167	£891	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£218,333	£3,254	3
2022	£190,000	£2,235	1
2021	£24,000,000		1
2020	£210,000	£2,593	1
2019	£134,125	£2,013	4
2018	£202,800	£1,768	5
2017	£90,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000		1
2023	£103,230	£1,657	10
2022	£86,982	£1,626	14
2021	£105,658	£1,719	6
2020	£105,389	£1,699	9
2019	£98,285	£1,822	10
2018	£110,692	£1,692	13
2017	£89,750	£1,567	6
2016	£97,125	£1,701	8
2015	£73,409	£1,332	11
2014	£80,875	£1,451	8
2013	£86,895	£1,433	10
2012	£68,945	£1,922	10
2011	£74,750	£1,246	6
2010	£65,667	£1,204	6
2009	£62,317	£1,277	3
2008	£82,850	£1,410	8
2007	£102,047	£1,397	7
2006	£117,570	£1,745	18
2005	£102,880	£1,730	10
2004	£75,321	£1,381	8
2003	£64,790	£1,060	5
2002	£45,636	£655	8
2001	£48,347	£792	16
2000	£41,500	£768	6
1999	£37,186	£610	7
1998	£35,594	£598	8
1997	£35,833	£592	6
1996	£28,000		1
1995	£36,625	£584	4

House Type in B31 5LR area

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

Total	97
Flat	48
Semi-detached	40
Detached	8
Shared house	1
Terraced	0
converted building	0
commercial building	0
temporary structure	0

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 outright	50
Private rented: Private landlord or letting agency	23
Owned: Owns with a mortgage or loan	20
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

1 person in household	39
2 people in household	29
3 people in household	16
4 people in household	8
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0