Housing Market Analysis for NEARHILL ROAD, B38 8JT

Are you looking to understand B38 8JT 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 B38 8JT area, explore the B38 8JT Area information page.
For comprehensive crime statistics in the B38 8JT area, explore the B38 8JT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B38 8JT postcode area, The average prices are as follows,

  • Flat
    • The average price is around £74,250 median price is £70,250 Standard Deviation is £6,561 with Total Sold: 3
    • The Last 5 Year average price is £83,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 70 NEARHILL ROAD: £83,500 (Sold on 22 Apr 2022)
    • The first recorded sale happened at this postcode is 56 NEARHILL ROAD: £69,000 (Sold on 05 Jan 2004)
  • Terraced
    • The average price is around £119,790 median price is £119,950 Standard Deviation is £56,464 with Total Sold: 5
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 42 NEARHILL ROAD: £120,000 (Sold on 09 Jul 2014)
    • The first recorded sale happened at this postcode is 46 NEARHILL ROAD: £220,000 (Sold on 09 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average B38 8JT 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£83,500 £1,777 1
2017£70,250 £1,527 1
2004£69,000 £1,400 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£120,000 £1,519 1
2012£90,000 £1,139 1
2010£119,950 £1,390 1
1998£49,000 £612 1
2024£220,0001

All the Sales in the NEARHILL ROAD, B38 8JT

See the table below for more details on the sold house prices in the B38 8JT, Birmingham postcode.

AddressSold DatePrice% Change
70 NEARHILL ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1950-196622 Apr 2022£83,500First Sale
74 NEARHILL ROADFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-196619 May 2017£70,250First Sale
42 NEARHILL ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1967-197509 Jul 2014£120,00033.33%
31 Aug 2012£90,000First Sale
44 NEARHILL ROADTerraced, FreeholdArea: 86.32 Sq.mtrAge: 1950-196630 Jun 2010£119,950First Sale
56 NEARHILL ROADFlat, LeaseholdArea: 49.3 Sq.mtrAge: 1950-196605 Jan 2004£69,000First Sale
46 NEARHILL ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1967-197518 Dec 1998£49,000-77.73%
09 Feb 2024£220,000First Sale

Check out the sold house prices near the B38 8JT postcode. Properties currently for saleProperties currently for rent

NEARHILL ROAD, B38 8JT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B38 8JT 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 B38 8JT postcode.

  • Semi-Detached
    • The average price is around £127,326 median price is £126,500 Standard Deviation is £60,919 with Total Sold: 995
    • The Last 5 Year average price is £202,110 with Total Sold: 198
    • The most recent sale happened at this postcode is , 148 GREEN ACRES ROAD: £271,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 24 SIR HILTONS ROAD: £25,500 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £110,178 median price is £110,000 Standard Deviation is £51,295 with Total Sold: 1,089
    • The Last 5 Year average price is £178,897 with Total Sold: 189
    • The most recent sale happened at this postcode is , 19 BIRSTALL WAY: £192,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 PRITCHETT ROAD: £41,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £93,653 median price is £85,000 Standard Deviation is £41,425 with Total Sold: 221
    • The Last 5 Year average price is £115,413 with Total Sold: 59
    • The most recent sale happened at this postcode is FLAT 7, 87 REDHILL ROAD: £167,500 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is FLAT 12, BLOSSOMFIELD COURT BLOSSOMFIELD CLOSE: £22,000 (Sold on 05 May 1995)
  • Detached
    • The average price is around £215,857 median price is £228,000 Standard Deviation is £73,074 with Total Sold: 133
    • The Last 5 Year average price is £301,906 with Total Sold: 16
    • The most recent sale happened at this postcode is , 17 REDHILL GARDENS: £328,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 356 REDDITCH ROAD: £72,000 (Sold on 21 Feb 1996)
  • Other
    • The average price is around £227,781 median price is £118,500 Standard Deviation is £343,248 with Total Sold: 14
    • The Last 5 Year average price is £154,050 with Total Sold: 5
    • The most recent sale happened at this postcode is , 21 LILLEY LANE: £355,000 (Sold on 14 Apr 2022)
    • The first recorded sale happened at this postcode is , BRECKNELL WATER HYDRAULICS (UK) LTD LIGHTNING WAY: £110,000 (Sold on 09 May 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,812 £3,049 12
2023£221,036 £2,589 40
2022£215,337 £2,626 43
2021£186,210 £2,432 48
2020£188,406 £2,400 32
2019£173,389 £2,173 23
2018£182,552 £2,303 38
2017£186,653 £2,114 37
2016£156,797 £1,934 34
2015£139,700 £1,719 34
2014£135,590 £1,837 38
2013£129,496 £1,678 32
2012£133,998 £1,624 20
2011£130,789 £1,717 27
2010£124,775 £1,615 22
2009£120,207 £1,545 14
2008£134,179 £1,608 21
2007£141,864 £1,570 32
2006£127,762 £1,612 52
2005£121,228 £1,550 24
2004£123,659 £1,497 33
2003£95,451 £1,104 47
2002£83,406 £1,036 44
2001£67,944 £843 40
2000£59,891 £716 52
1999£58,056 £709 25
1998£51,123 £581 34
1997£48,661 £563 33
1996£48,701 £593 32
1995£46,230 £563 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,929 £1,557 14
2023£210,645 £2,669 31
2022£187,912 £2,389 32
2021£172,222 £2,187 47
2020£163,912 £2,081 29
2019£156,929 £1,968 36
2018£157,341 £2,065 29
2017£140,499 £1,777 44
2016£137,044 £1,667 41
2015£124,040 £1,555 37
2014£119,076 £1,511 51
2013£109,658 £1,379 19
2012£104,032 £1,323 38
2011£119,464 £1,616 35
2010£121,441 £1,539 22
2009£108,169 £1,391 32
2008£115,289 £1,440 40
2007£118,192 £1,469 59
2006£109,275 £1,362 40
2005£108,459 £1,353 27
2004£103,764 £1,344 39
2003£87,845 £1,129 49
2002£71,880 £924 42
2001£56,909 £734 55
2000£55,623 £699 37
1999£46,821 £590 37
1998£46,986 £659 28
1997£43,804 £544 55
1996£43,560 £572 24
1995£42,512 £480 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,250 £1,688 4
2023£118,300 £2,269 10
2022£92,143 £1,812 7
2021£106,750 £2,004 6
2020£119,290 £2,284 27
2019£115,800 £1,999 5
2018£103,583 £2,016 6
2017£92,182 £1,780 11
2016£175,000 £3,081 3
2015£94,389 £1,643 9
2014£86,125 £1,704 4
2013£61,000 £500 2
2012£78,000 £1,393 1
2011£73,188 £1,257 8
2010£95,475 £1,793 2
2009£87,028 £1,670 9
2008£124,711 £2,241 27
2007£123,303 £2,196 16
2006£81,389 £1,552 9
2005£69,345 £1,302 10
2004£72,583 £1,496 6
2003£56,177 £1,322 13
2002£42,417 £833 9
2000£26,025 £536 8
1999£30,4752
1998£34,000 £540 1
1997£30,000 £750 1
1996£27,250 £813 2
1995£24,167 £561 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£328,000 £3,489 1
2023£440,000 £4,490 1
2022£346,667 £3,084 3
2021£259,000 £2,481 3
2020£260,625 £2,761 4
2019£300,750 £2,697 4
2018£259,000 £2,486 4
2017£240,621 £2,438 12
2016£231,500 £2,079 4
2015£225,700 £2,081 5
2014£218,500 £2,197 5
2013£239,000 £1,721 1
2012£204,983 £2,055 6
2011£213,238 £2,322 4
2010£206,980 £2,082 5
2009£218,250 £2,092 9
2008£249,900 £2,314 6
2007£245,658 £2,335 13
2006£240,833 £2,318 6
2005£239,135 £1,780 7
2004£223,750 £1,400 4
2003£99,500 £1,003 2
2002£135,000 £1,023 1
2001£137,786 £1,222 7
2000£113,800 £755 5
1999£80,467 £734 6
1998£54,873 £244 1
1997£101,000 £1,165 3
1996£72,000 £742 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£355,0001
2019£103,812 £510 4
2018£80,563 £89 3
2017£160,667 £1,671 3
2016£792,500 £1,901 2
2014£110,0001

House Type in B38 8JT area

The most common house types in the B38 8JT postcode area are Terraced (54), Flat (30), and Semi-detached (21).

Total119
Terraced54
Flat30
Semi-detached21
Detached14
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 outright (37), and Social rented: Rents from council or Local Authority (35).

Owned: Owns outright37
Social rented: Rents from council or Local Authority35
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency14
Social rented: Other social rented2
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B38 8JT have 1 person in household (49), and 2 people in household (37).

1 person in household49
2 people in household37
4 people in household12
3 people in household10
5 people in household8
8 or more people in household2
7 people in household1
0 people in household0
6 people in household0