Housing Market Analysis for FRANKLEY LANE, B31 5SP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £110,250 median price is £122,500 Standard Deviation is £55,027 with Total Sold: 6
    • The Last 5 Year average price is £169,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 26 FRANKLEY LANE: £148,000 (Sold on 02 Nov 2020)
    • The first recorded sale happened at this postcode is 38 FRANKLEY LANE: £39,000 (Sold on 15 Dec 1995)
  • Semi-Detached
    • The average price is around £106,750 median price is £106,750 Standard Deviation is £63,250 with Total Sold: 2
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 FRANKLEY LANE: £170,000 (Sold on 24 May 2019)
    • The first recorded sale happened at this postcode is 40 FRANKLEY LANE: £43,500 (Sold on 30 Jul 1999)
  • Other
    • The average price is around £6,205 median price is £6,205 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 FRANKLEY LANE: £6,205 (Sold on 29 Jun 2017)
    • The first recorded sale happened at this postcode is 22 FRANKLEY LANE: £6,205 (Sold on 29 Jun 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average B31 5SP 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
2020£169,000 £1,881 2
2009£123,000 £1,281 1
2006£122,0001
1996£39,5001
1995£39,000 £406 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£170,000 £2,152 1
1999£43,500 £558 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£6,205 £83 1

All the Sales in the FRANKLEY LANE, B31 5SP

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

AddressSold DatePrice% Change
26 FRANKLEY LANETerraced, LeaseholdArea: 83 Sq.mtrAge: 1967-197502 Nov 2020£148,000First Sale
38 FRANKLEY LANETerraced, LeaseholdArea: 96 Sq.mtrAge: 1950-196624 Jun 2020£190,00054.47%
29 May 2009£123,000215.38%
15 Dec 1995£39,000First Sale
16 FRANKLEY LANESemi-Detached, LeaseholdArea: 79 Sq.mtrAge: 1967-197524 May 2019£170,000First Sale
22 FRANKLEY LANEOther, FreeholdArea: 75 Sq.mtrAge: 1950-196629 Jun 2017£6,205First Sale
18 FRANKLEY LANETerraced, Freehold31 Aug 2006£122,000First Sale
40 FRANKLEY LANESemi-Detached, LeaseholdArea: 78 Sq.mtrAge: 1967-197530 Jul 1999£43,500First Sale
28 FRANKLEY LANETerraced, Leasehold30 Aug 1996£39,500First Sale

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

FRANKLEY LANE, B31 5SP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £124,813 median price is £121,500 Standard Deviation is £58,125 with Total Sold: 300
    • The Last 5 Year average price is £177,586 with Total Sold: 60
    • The most recent sale happened at this postcode is , 12 THE DELL: £275,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 BROAD ACRES: £48,000 (Sold on 06 Mar 1995)
  • Terraced
    • The average price is around £109,737 median price is £117,000 Standard Deviation is £48,491 with Total Sold: 345
    • The Last 5 Year average price is £152,569 with Total Sold: 62
    • The most recent sale happened at this postcode is , 119 MOORS LANE: £175,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 16 NUTBUSH DRIVE: £39,000 (Sold on 31 Jan 1995)
  • Flat
    • The average price is around £106,346 median price is £105,000 Standard Deviation is £40,456 with Total Sold: 107
    • The Last 5 Year average price is £129,528 with Total Sold: 30
    • The most recent sale happened at this postcode is , 88 LEY HILL FARM ROAD: £128,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , 17 WHEATFIELD VIEW: £39,500 (Sold on 30 Aug 1995)
  • Detached
    • The average price is around £175,910 median price is £184,172 Standard Deviation is £53,683 with Total Sold: 92
    • The Last 5 Year average price is £232,810 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 , 14 THE DELL: £54,000 (Sold on 23 Dec 1996)
  • Other
    • The average price is around £286,942 median price is £56,852 Standard Deviation is £533,973 with Total Sold: 6
    • The Last 5 Year average price is £491,817 with Total Sold: 3
    • The most recent sale happened at this postcode is , 72 LEY HILL FARM ROAD: £250 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is , 22 FRANKLEY LANE: £6,205 (Sold on 29 Jun 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,0004
2023£200,938 £2,425 8
2022£187,688 £2,168 8
2021£166,250 £1,998 10
2020£180,969 £2,167 13
2019£148,650 £1,774 17
2018£156,800 £2,071 15
2017£128,750 £1,537 3
2016£131,125 £1,529 12
2015£151,600 £1,779 24
2014£163,179 £1,994 18
2013£132,590 £1,660 11
2012£144,664 £1,671 13
2011£102,958 £1,149 11
2010£142,313 £1,679 16
2009£149,124 £1,811 4
2008£110,312 £1,206 17
2007£106,849 £1,427 5
2006£109,705 £1,210 5
2005£102,536 £1,249 7
2004£121,488 £1,254 8
2003£81,295 £878 10
2002£67,788 £772 12
2001£57,308 £565 6
2000£49,395 £633 10
1999£46,271 £572 7
1998£40,908 £488 6
1997£39,923 £527 11
1996£41,890 £459 5
1995£56,612 £667 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,0001
2023£165,533 £2,231 9
2022£182,250 £2,400 6
2021£157,938 £2,123 16
2020£133,944 £1,832 18
2019£146,917 £1,830 12
2018£148,000 £1,991 11
2017£145,278 £1,881 18
2016£137,083 £1,820 6
2015£138,588 £1,802 17
2014£124,792 £1,764 30
2013£122,187 £1,467 14
2012£125,032 £1,784 10
2011£130,284 £1,790 19
2010£120,843 £1,626 13
2009£101,000 £1,687 3
2008£110,281 £1,607 15
2007£108,875 £1,221 4
2006£107,032 £1,260 14
2005£77,625 £674 8
2004£97,273 £1,023 11
2003£72,461 £953 14
2002£61,095 £776 16
2001£51,742 £534 6
2000£41,098 £522 10
1999£44,033 £422 6
1998£46,400 £551 13
1997£44,017 £539 12
1996£38,608 £459 6
1995£43,493 £469 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£128,143 £22,986 7
2022£149,335 £2,654 10
2021£124,900 £2,297 5
2020£99,000 £1,688 3
2019£114,800 £1,927 5
2018£115,300 £12,133 10
2017£71,750 £1,368 2
2016£76,750 £859 2
2015£89,612 £18,172 4
2014£99,173 £1,818 17
2013£150,417 £1,816 4
2012£99,248 £23,524 10
2011£77,663 £28,746 3
2010£112,928 £1,879 7
2009£94,708 £1,962 6
2008£91,500 £1,323 4
2007£52,5001
2006£79,000 £1,229 2
2003£87,0001
1999£44,4001
1998£16,000 £190 1
1997£49,5001
1995£39,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£260,500 £2,788 3
2021£208,368 £2,106 5
2020£218,667 £2,418 3
2019£260,000 £2,098 3
2018£192,667 £2,222 3
2017£161,900 £1,755 5
2016£205,200 £2,041 5
2015£198,349 £1,938 5
2014£184,722 £1,883 10
2013£195,028 £1,806 8
2012£195,254 £1,664 6
2011£149,478 £1,417 6
2010£166,633 £1,506 3
2009£178,333 £1,316 6
2008£194,165 £1,997 3
2007£142,568 £1,410 6
2006£147,5001
2002£50,0001
2001£130,0002
2000£87,500 £1,006 1
1999£67,025 £684 4
1998£86,9501
1997£81,500 £637 1
1996£54,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2501
2021£1,475,0001
2020£200 £2 1
2018£120,000 £1,915 2
2017£6,205 £83 1

House Type in B31 5SP area

The most common house types in the B31 5SP postcode area are Terraced (72), Semi-detached (60), and Detached (18).

Total165
Terraced72
Semi-detached60
Detached18
Flat15
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 (46), and Social rented: Rents from council or Local Authority (41).

Owned: Owns with a mortgage or loan46
Social rented: Rents from council or Local Authority41
Owned: Owns outright37
Social rented: Other social rented26
Private rented: Private landlord or letting agency15
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B31 5SP have 1 person in household (50), and 2 people in household (48).

1 person in household50
2 people in household48
4 people in household32
3 people in household19
5 people in household13
6 people in household4
7 people in household1
8 or more people in household1
0 people in household0