Housing Market Analysis for NEARHILL ROAD, B38 8LB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £121,125 median price is £109,250 Standard Deviation is £55,808 with Total Sold: 4
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 NEARHILL ROAD: £210,000 (Sold on 31 Jan 2022)
    • The first recorded sale happened at this postcode is 7 NEARHILL ROAD: £56,000 (Sold on 30 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B38 8LB 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
2022£210,000 £2,471 1
2017£105,0001
2015£113,500 £1,455 1
2006£56,000 £659 1

All the Sales in the NEARHILL ROAD, B38 8LB

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

AddressSold DatePrice% Change
7 NEARHILL ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197531 Jan 2022£210,000275.00%
30 Nov 2006£56,000First Sale
5 NEARHILL ROADTerraced, Freehold29 Sep 2017£105,000First Sale
9 NEARHILL ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1967-197528 Jan 2015£113,500First Sale

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

NEARHILL ROAD, B38 8LB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £131,370 median price is £130,000 Standard Deviation is £61,667 with Total Sold: 982
    • The Last 5 Year average price is £204,334 with Total Sold: 195
    • 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 £109,731 median price is £108,000 Standard Deviation is £50,743 with Total Sold: 1,039
    • The Last 5 Year average price is £175,635 with Total Sold: 187
    • 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 , 8 RAINFORD WAY: £41,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £71,592 median price is £70,000 Standard Deviation is £33,726 with Total Sold: 165
    • The Last 5 Year average price is £95,352 with Total Sold: 27
    • The most recent sale happened at this postcode is , 173 GRANGE FARM DRIVE: £158,000 (Sold on 21 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 £213,206 median price is £220,000 Standard Deviation is £75,967 with Total Sold: 111
    • The Last 5 Year average price is £294,094 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 £427,588 median price is £280,000 Standard Deviation is £501,912 with Total Sold: 5
    • The Last 5 Year average price is £243,750 with Total Sold: 3
    • 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 , 50 IVY HOUSE ROAD: £1,400,000 (Sold on 20 Dec 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,0948
2023£215,999 £2,667 38
2022£221,286 £2,663 35
2021£198,301 £2,428 55
2020£191,797 £2,414 32
2019£183,980 £2,133 27
2018£184,079 £2,300 38
2017£188,306 £2,093 38
2016£163,708 £1,952 37
2015£145,666 £1,692 32
2014£142,641 £1,858 42
2013£133,392 £1,724 29
2012£139,385 £1,575 27
2011£131,872 £1,691 25
2010£123,914 £1,508 18
2009£124,743 £1,512 14
2008£133,989 £1,551 18
2007£145,716 £1,605 38
2006£132,811 £1,663 48
2005£133,157 £1,646 24
2004£127,711 £1,485 34
2003£98,460 £1,164 37
2002£85,086 £1,024 42
2001£72,873 £907 36
2000£62,967 £746 56
1999£59,990 £759 30
1998£55,765 £651 26
1997£51,854 £586 34
1996£50,393 £625 31
1995£48,221 £573 33
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,885 £2,080 13
2023£210,267 £2,660 30
2022£186,379 £2,275 34
2021£168,530 £2,123 49
2020£160,918 £1,973 25
2019£152,096 £1,897 36
2018£152,049 £1,906 36
2017£137,230 £1,690 40
2016£132,384 £1,615 41
2015£123,557 £1,523 35
2014£112,029 £1,416 48
2013£109,053 £1,353 19
2012£103,362 £1,276 31
2011£119,097 £1,610 34
2010£96,434 £1,247 16
2009£107,106 £1,355 32
2008£121,405 £1,417 32
2007£120,240 £1,423 58
2006£107,522 £1,291 45
2005£106,515 £1,285 24
2004£104,124 £1,333 38
2003£87,672 £1,083 48
2002£69,878 £828 39
2001£58,514 £724 56
2000£57,138 £696 30
1999£45,533 £575 33
1998£46,127 £632 22
1997£42,204 £526 50
1996£44,424 £558 25
1995£45,272 £512 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,0001
2023£101,000 £1,773 5
2022£89,438 £1,768 8
2021£92,375 £1,833 4
2020£77,417 £1,803 6
2019£120,667 £2,150 3
2018£66,667 £1,194 3
2017£80,750 £1,576 7
2016£117,000 £1,828 1
2015£87,688 £1,554 8
2014£68,492 £1,157 6
2013£40,000 £500 1
2011£70,750 £1,234 6
2010£65,667 £1,236 3
2009£73,125 £1,366 4
2008£116,618 £1,860 16
2007£74,500 £1,755 5
2006£74,678 £1,425 14
2005£62,677 £1,189 11
2004£67,556 £1,340 8
2003£56,681 £1,315 13
2002£43,250 £823 11
2000£25,906 £529 9
1999£30,483 £622 3
1998£29,750 £540 2
1997£30,000 £750 1
1996£25,500 £627 3
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£352,500 £3,169 2
2021£246,750 £2,471 4
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£224,500 £2,033 3
2014£219,200 £2,197 5
2013£239,000 £1,721 1
2012£204,983 £2,055 6
2011£202,650 £2,378 3
2010£209,333 £2,104 3
2009£185,0002
2008£155,000 £1,615 1
2007£245,962 £2,335 12
2006£240,833 £2,318 6
2005£239,135 £1,780 7
2004£241,0002
2003£99,500 £1,003 2
2002£108,475 £1,023 2
2001£137,786 £1,222 7
2000£106,667 £849 3
1999£85,760 £866 5
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
2021£280,000 £2,478 1
2019£96,250 £944 1
2018£6,690 £89 1
2016£1,400,0001

House Type in B38 8LB area

The most common house types in the B38 8LB postcode area are Terraced (75), Semi-detached (27), and Detached (11).

Total121
Terraced75
Semi-detached27
Detached11
Flat8
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 (53), and Owned: Owns outright (24).

Owned: Owns with a mortgage or loan53
Owned: Owns outright24
Social rented: Rents from council or Local Authority18
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership4
Private rented: Other private rented4
Social rented: Other social rented3
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the B38 8LB have 1 person in household (36), and 2 people in household (34).

1 person in household36
2 people in household34
3 people in household22
4 people in household18
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0