Housing Market Analysis for WATERWORKS DRIVE, B31 5RS

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £166,312 median price is £166,000 Standard Deviation is £45,411 with Total Sold: 8
    • The Last 5 Year average price is £220,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 WATERWORKS DRIVE: £210,000 (Sold on 18 Nov 2022)
    • The first recorded sale happened at this postcode is 3 WATERWORKS DRIVE: £66,000 (Sold on 25 Mar 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 5RS 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£210,000 £2,530 1
2020£230,000 £2,771 1
2016£165,000 £2,014 3
2015£164,750 £2,031 2
2013£66,000 £795 1

All the Sales in the WATERWORKS DRIVE, B31 5RS

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

AddressSold DatePrice% Change
4 WATERWORKS DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1900-192918 Nov 2022£210,000First Sale
8 WATERWORKS DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1900-192924 Jul 2020£230,00053.33%
12 Aug 2016£150,000First Sale
1 WATERWORKS DRIVESemi-Detached, FreeholdArea: 83.23 Sq.mtrAge: 1900-192926 May 2016£165,000First Sale
6 WATERWORKS DRIVESemi-Detached, FreeholdArea: 79.9 Sq.mtrAge: 1900-192922 Jan 2016£180,000First Sale
5 WATERWORKS DRIVESemi-Detached, FreeholdArea: 83.25 Sq.mtrAge: 1900-192910 Dec 2015£167,000First Sale
2 WATERWORKS DRIVESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1900-192902 Dec 2015£162,500First Sale
3 WATERWORKS DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1900-192925 Mar 2013£66,000First Sale

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

WATERWORKS DRIVE, B31 5RS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £97,401 median price is £98,250 Standard Deviation is £43,926 with Total Sold: 636
    • The Last 5 Year average price is £144,123 with Total Sold: 105
    • 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 £108,696 median price is £102,500 Standard Deviation is £51,855 with Total Sold: 566
    • The Last 5 Year average price is £162,880 with Total Sold: 110
    • The most recent sale happened at this postcode is , 18 BARTLEY CRESCENT: £275,000 (Sold on 31 Jul 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 £308,279 median price is £107,500 Standard Deviation is £488,709 with Total Sold: 7
    • The Last 5 Year average price is £394,090 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 £108,256 median price is £103,500 Standard Deviation is £45,524 with Total Sold: 138
    • The Last 5 Year average price is £135,461 with Total Sold: 42
    • 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 , 54 COLWORTH ROAD: £76,150 (Sold on 28 May 1999)
  • Detached
    • The average price is around £196,590 median price is £195,000 Standard Deviation is £49,499 with Total Sold: 80
    • The Last 5 Year average price is £248,917 with Total Sold: 14
    • The most recent sale happened at this postcode is , 42 BARTLEY CRESCENT: £300,000 (Sold on 09 Dec 2022)
    • The first recorded sale happened at this postcode is , 50 COLWORTH ROAD: £85,800 (Sold on 30 Jun 1999)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,000 £2,117 7
2023£168,227 £2,634 11
2022£175,834 £2,353 13
2021£146,152 £2,000 23
2020£131,704 £2,020 27
2019£123,585 £1,725 24
2018£129,215 £1,977 23
2017£119,833 £1,713 27
2016£106,896 £1,590 24
2015£119,125 £1,678 30
2014£119,872 £1,748 37
2013£119,213 £1,484 17
2012£109,704 £1,611 17
2011£118,716 £1,736 20
2010£114,343 £1,620 13
2009£101,273 £2,184 11
2008£96,964 £1,487 23
2007£96,861 £1,407 44
2006£98,158 £1,470 20
2005£98,727 £1,521 31
2004£82,251 £1,360 27
2003£69,003 £984 27
2002£55,392 £841 31
2001£42,894 £721 16
2000£36,803 £529 18
1999£37,192 £607 18
1998£33,002 £465 22
1997£29,797 £404 15
1996£31,820 £425 10
1995£33,945 £513 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,800 £2,887 5
2023£167,289 £2,097 19
2022£185,260 £2,540 25
2021£158,000 £2,140 22
2020£152,833 £1,792 12
2019£139,176 £1,723 27
2018£133,605 £1,860 19
2017£118,607 £1,528 16
2016£114,667 £1,490 18
2015£139,882 £1,652 32
2014£126,206 £1,627 37
2013£107,921 £1,351 14
2012£125,750 £1,470 18
2011£113,259 £1,330 10
2010£132,742 £1,578 20
2009£113,957 £1,476 14
2008£108,976 £1,293 27
2007£108,302 £1,424 24
2006£98,159 £1,348 20
2005£99,188 £1,292 16
2004£102,646 £1,331 23
2003£74,180 £1,088 22
2002£61,280 £856 25
2001£45,615 £659 13
2000£48,550 £719 17
1999£45,939 £680 22
1998£33,646 £491 12
1997£35,682 £422 14
1996£33,905 £475 10
1995£39,527 £511 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£72,625 £2,589 2
2021£1,475,0001
2020£200 £2 1
2018£107,500 £2,194 1
2015£80,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£158,778 £23,151 9
2022£143,446 £2,568 12
2021£113,429 £1,968 7
2020£132,625 £1,692 8
2019£114,000 £1,916 6
2018£106,571 £8,606 14
2017£80,643 £1,367 7
2016£79,417 £1,352 6
2015£76,742 £11,222 6
2014£98,049 £1,783 19
2013£150,417 £1,816 4
2012£95,788 £23,483 10
2011£77,663 £28,746 3
2010£112,928 £1,879 7
2009£102,655 £2,081 8
2008£98,500 £2,153 4
2007£88,630 £1,112 5
2003£48,000 £1,224 1
2001£28,0001
1999£76,150 £595 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£283,333 £2,822 3
2021£228,640 £2,140 6
2020£235,500 £2,513 2
2019£264,000 £2,311 3
2018£225,000 £2,222 2
2016£216,500 £2,011 4
2015£198,349 £1,938 5
2014£188,922 £1,890 10
2013£194,469 £1,806 9
2012£188,789 £1,680 7
2011£178,408 £1,534 7
2010£200,000 £1,887 1
2009£180,000 £2,310 8
2008£204,497 £1,952 5
2007£220,495 £2,192 3
2005£90,0001
2003£90,000 £756 2
2001£45,0001
1999£85,800 £1,149 1

House Type in B31 5RS area

The most common house types in the B31 5RS postcode area are Semi-detached (92), Flat (24), and Terraced (23).

Total162
Semi-detached92
Flat24
Terraced23
Detached22
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: Other social rented (61), and Owned: Owns with a mortgage or loan (43).

Social rented: Other social rented61
Owned: Owns with a mortgage or loan43
Shared ownership: Shared ownership26
Private rented: Private landlord or letting agency12
Owned: Owns outright7
Social rented: Rents from council or Local Authority7
Private rented: Other private rented4
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the B31 5RS have 1 person in household (47), and 2 people in household (41).

1 person in household47
2 people in household41
3 people in household31
4 people in household30
5 people in household10
6 people in household2
7 people in household2
8 or more people in household1
0 people in household0