Housing Market Analysis for NORMAN LANE, B31 5QF

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £113,125 median price is £115,000 Standard Deviation is £36,970 with Total Sold: 4
    • The Last 5 Year average price is £113,125 with Total Sold: 4
    • The most recent sale happened at this postcode is 4 NORMAN LANE: £150,000 (Sold on 03 Feb 2023)
    • The first recorded sale happened at this postcode is 6 NORMAN LANE: £80,000 (Sold on 08 Jan 2021)
  • Terraced
    • The average price is around £71,625 median price is £66,300 Standard Deviation is £16,498 with Total Sold: 4
    • The Last 5 Year average price is £73,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 10 NORMAN LANE: £99,000 (Sold on 20 Dec 2021)
    • The first recorded sale happened at this postcode is 22 NORMAN LANE: £67,500 (Sold on 16 Aug 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 5QF 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
2023£150,000 £2,500 2
2021£76,250 £1,250 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£99,000 £1,356 1
2019£60,000 £822 2
2017£67,500 £1,107 1

All the Sales in the NORMAN LANE, B31 5QF

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

AddressSold DatePrice% Change
4 NORMAN LANESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 2012 onwards03 Feb 2023£150,0000.0
03 Feb 2023£150,000First Sale
10 NORMAN LANETerraced, LeaseholdArea: 73 Sq.mtr20 Dec 2021£99,00052.07%
23 Aug 2019£65,100First Sale
22 NORMAN LANESemi-Detached, FreeholdArea: 61 Sq.mtr12 Feb 2021£72,5007.41%
16 Aug 2017£67,500First Sale
6 NORMAN LANESemi-Detached, LeaseholdArea: 61 Sq.mtr08 Jan 2021£80,000First Sale
16 NORMAN LANETerraced, LeaseholdArea: 73 Sq.mtr15 Feb 2019£54,900First Sale

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

NORMAN LANE, B31 5QF Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £96,120 median price is £95,500 Standard Deviation is £45,282 with Total Sold: 1,000
    • The Last 5 Year average price is £151,161 with Total Sold: 170
    • The most recent sale happened at this postcode is , 89 HONITON CRESCENT: £118,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 43 TUDBURY ROAD: £40,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £104,031 median price is £100,000 Standard Deviation is £49,422 with Total Sold: 1,011
    • The Last 5 Year average price is £168,633 with Total Sold: 164
    • The most recent sale happened at this postcode is , 121 BORROWDALE ROAD: £160,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 ELMDALE GROVE: £39,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £125,075 median price is £112,500 Standard Deviation is £120,200 with Total Sold: 6
    • The Last 5 Year average price is £134,090 with Total Sold: 5
    • 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 , 225 MERRITTS BROOK LANE: £80,000 (Sold on 22 Apr 2015)
  • Flat
    • The average price is around £97,184 median price is £95,000 Standard Deviation is £48,177 with Total Sold: 154
    • The Last 5 Year average price is £135,407 with Total Sold: 38
    • The most recent sale happened at this postcode is APARTMENT 1, 68 RHAYADER ROAD: £134,500 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 166 FRANKLEY BEECHES ROAD: £29,000 (Sold on 09 Jun 1995)
  • Detached
    • The average price is around £180,196 median price is £186,195 Standard Deviation is £58,737 with Total Sold: 97
    • The Last 5 Year average price is £253,038 with Total Sold: 13
    • The most recent sale happened at this postcode is , 119 FRANKLEY BEECHES ROAD: £310,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 250 FRANKLEY BEECHES ROAD: £72,000 (Sold on 06 Feb 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,615 £2,421 13
2023£180,804 £2,509 23
2022£168,414 £2,226 28
2021£150,333 £2,061 36
2020£134,419 £1,983 37
2019£130,236 £1,773 33
2018£127,065 £1,813 40
2017£118,386 £1,599 42
2016£107,309 £1,560 34
2015£112,752 £1,559 45
2014£111,494 £1,571 44
2013£103,636 £1,350 23
2012£104,781 £1,530 23
2011£110,686 £1,560 27
2010£104,159 £1,386 23
2009£97,013 £1,671 20
2008£99,942 £1,430 34
2007£99,039 £1,443 65
2006£99,369 £1,430 37
2005£96,804 £1,458 46
2004£84,670 £1,317 37
2003£72,457 £1,024 46
2002£55,905 £802 42
2001£49,797 £716 34
2000£41,359 £620 35
1999£38,283 £554 38
1998£33,164 £447 29
1997£33,602 £449 28
1996£36,409 £492 23
1995£33,848 £485 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£208,000 £2,887 10
2023£178,287 £2,276 31
2022£185,147 £2,514 34
2021£156,915 £2,096 30
2020£155,692 £1,848 19
2019£152,206 £1,861 40
2018£135,600 £1,843 30
2017£121,567 £1,529 33
2016£119,530 £1,587 32
2015£131,929 £1,594 43
2014£122,408 £1,543 41
2013£110,822 £1,381 29
2012£119,776 £1,398 29
2011£98,327 £1,206 20
2010£118,750 £1,438 26
2009£108,676 £1,399 25
2008£105,493 £1,258 44
2007£111,990 £1,454 45
2006£109,731 £1,409 45
2005£97,551 £1,303 38
2004£100,223 £1,335 46
2003£79,280 £1,106 51
2002£65,852 £897 49
2001£57,860 £820 44
2000£57,499 £790 46
1999£43,038 £618 33
1998£38,948 £494 24
1997£36,833 £468 30
1996£34,610 £483 21
1995£38,298 £481 23
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£106,750 £2,545 3
2020£200 £2 1
2015£80,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£155,375 £29,991 8
2022£151,939 £2,731 9
2021£108,400 £1,724 5
2020£134,000 £1,825 9
2019£112,429 £1,928 7
2018£104,429 £8,551 14
2017£80,071 £1,370 7
2016£82,625 £1,464 8
2015£77,064 £9,564 7
2014£90,699 £1,543 6
2013£136,038 £1,780 5
2012£92,402 £19,435 12
2011£89,995 £56,663 2
2010£115,082 £1,879 6
2009£96,889 £1,969 5
2008£91,500 £1,230 4
2007£102,175 £1,112 6
2006£101,333 £1,602 3
2005£86,250 £1,827 2
2004£79,750 £1,452 4
2003£60,500 £1,224 2
2002£53,950 £798 2
2001£50,369 £833 8
2000£44,000 £721 1
1999£45,590 £597 5
1998£33,7502
1997£35,667 £548 3
1996£28,0001
1995£29,000 £518 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£310,000 £3,370 1
2022£283,333 £2,822 3
2021£222,300 £2,207 5
2020£235,500 £2,513 2
2019£273,500 £2,402 2
2018£197,500 £2,218 2
2017£196,983 £2,423 3
2016£216,500 £2,011 4
2015£183,250 £1,938 3
2014£183,461 £1,998 7
2013£191,914 £1,848 6
2012£188,789 £1,680 7
2011£192,854 £1,698 7
2010£209,167 £1,716 3
2009£180,000 £2,310 8
2008£209,697 £1,848 5
2007£196,830 £2,192 3
2006£199,0001
2005£125,5002
2004£142,500 £1,250 2
2003£146,000 £756 5
2002£118,333 £1,021 3
2001£85,481 £1,119 8
2000£88,750 £1,079 2
1999£110,400 £1,149 2
1998£72,000 £1,091 1

House Type in B31 5QF area

The most common house types in the B31 5QF postcode area are Semi-detached (77), Terraced (66), and Detached (4).

Total151
Semi-detached77
Terraced66
Detached4
Flat3
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (40), and Owned: Owns outright (34).

Social rented: Rents from council or Local Authority40
Owned: Owns outright34
Owned: Owns with a mortgage or loan32
Social rented: Other social rented19
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership9
Private rented: Other private rented3
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the B31 5QF have 1 person in household (40), and 2 people in household (40).

1 person in household40
2 people in household40
3 people in household25
4 people in household25
5 people in household14
6 people in household6
8 or more people in household2
0 people in household0
7 people in household0