Housing Market Analysis for GORSE FARM ROAD, B43 5LU

Are you looking to understand B43 5LU 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 Sandwell postcode.

For the location information and nearby amenities in the B43 5LU area, explore the B43 5LU Area information page.
For comprehensive crime statistics in the B43 5LU area, explore the B43 5LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B43 5LU postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £112,745 median price is £113,000 Standard Deviation is £40,364 with Total Sold: 11
    • The Last 5 Year average price is £167,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 GORSE FARM ROAD: £167,000 (Sold on 23 Oct 2020)
    • The first recorded sale happened at this postcode is 21 GORSE FARM ROAD: £31,500 (Sold on 17 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B43 5LU 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
2020£167,000 £2,088 1
2018£130,000 £1,831 1
2013£119,000 £1,506 1
2006£163,350 £1,922 2
2004£101,000 £1,329 2
2003£95,5002
2001£73,000 £924 1
1995£31,500 £432 1

All the Sales in the GORSE FARM ROAD, B43 5LU

See the table below for more details on the sold house prices in the B43 5LU, Sandwell postcode.

AddressSold DatePrice% Change
19 GORSE FARM ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-194923 Oct 2020£167,000First Sale
13 GORSE FARM ROADSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194902 Nov 2018£130,000First Sale
23 GORSE FARM ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-194918 Dec 2013£119,00063.01%
26 Jan 2001£73,000First Sale
33 GORSE FARM ROADSemi-Detached, LeaseholdArea: 85 Sq.mtrAge: 1930-194929 Jun 2006£163,3500.0
29 Jun 2006£163,35044.56%
15 Nov 2004£113,000First Sale
27 GORSE FARM ROADSemi-Detached, Freehold30 Jan 2004£89,000First Sale
7 GORSE FARM ROADSemi-Detached, Freehold23 Dec 2003£105,00022.09%
31 Jan 2003£86,000First Sale
21 GORSE FARM ROADSemi-Detached, LeaseholdArea: 73 Sq.mtrAge: 1950-196617 Nov 1995£31,500First Sale

Check out the sold house prices near the B43 5LU postcode. Properties currently for saleProperties currently for rent

GORSE FARM ROAD, B43 5LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B43 5LU 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 B43 5LU postcode.

  • Detached
    • The average price is around £161,905 median price is £150,994 Standard Deviation is £76,118 with Total Sold: 206
    • The Last 5 Year average price is £262,497 with Total Sold: 30
    • The most recent sale happened at this postcode is , 119 LECHLADE ROAD: £275,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 17 EASTWOOD ROAD: £70,000 (Sold on 26 May 1995)
  • Semi-Detached
    • The average price is around £128,634 median price is £130,500 Standard Deviation is £59,795 with Total Sold: 1,856
    • The Last 5 Year average price is £206,481 with Total Sold: 355
    • The most recent sale happened at this postcode is , 60 JAYSHAW AVENUE: £260,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 1 GRASMERE CLOSE: £47,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £115,286 median price is £115,000 Standard Deviation is £52,727 with Total Sold: 693
    • The Last 5 Year average price is £180,839 with Total Sold: 126
    • The most recent sale happened at this postcode is , 90 JAMES ROAD: £171,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 44 LINDEN AVENUE: £45,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £211,932 median price is £159,000 Standard Deviation is £441,059 with Total Sold: 33
    • The Last 5 Year average price is £243,809 with Total Sold: 23
    • The most recent sale happened at this postcode is , 12 FERNDALE AVENUE: £20,250 (Sold on 14 Feb 2024)
    • The first recorded sale happened at this postcode is , 52 EASTWOOD ROAD: £140,000 (Sold on 31 Mar 2016)
  • Flat
    • The average price is around £92,646 median price is £88,500 Standard Deviation is £42,155 with Total Sold: 164
    • The Last 5 Year average price is £109,636 with Total Sold: 29
    • The most recent sale happened at this postcode is , 268 HAMSTEAD ROAD: £70,000 (Sold on 13 Nov 2023)
    • The first recorded sale happened at this postcode is , 265 OLD WALSALL ROAD: £24,000 (Sold on 01 Aug 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,333 £2,770 3
2023£295,200 £3,276 5
2022£299,495 £2,768 6
2021£252,300 £2,620 5
2020£234,917 £2,535 6
2019£201,788 £2,204 5
2018£266,000 £2,488 7
2017£221,784 £2,430 7
2016£229,800 £2,212 5
2015£189,583 £2,068 6
2014£187,835 £1,855 6
2013£163,480 £1,970 5
2012£159,500 £2,001 3
2011£240,000 £2,000 1
2010£207,000 £2,036 2
2009£116,167 £1,480 3
2007£203,200 £3,276 5
2006£186,681 £2,054 8
2005£194,344 £2,530 9
2004£165,895 £2,033 10
2003£158,300 £1,239 8
2002£112,093 £1,461 7
2001£95,804 £942 12
2000£94,512 £884 13
1999£114,184 £1,133 45
1998£65,250 £711 6
1997£56,600 £516 4
1996£59,3333
1995£70,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£199,949 £2,528 24
2023£239,784 £2,812 56
2022£236,689 £2,843 66
2021£204,476 £2,417 81
2020£183,204 £2,259 56
2019£175,425 £2,096 72
2018£166,796 £2,200 55
2017£160,855 £1,993 54
2016£154,317 £1,893 72
2015£147,858 £1,784 60
2014£137,935 £1,734 47
2013£126,175 £1,602 48
2012£131,332 £1,761 42
2011£140,238 £1,693 37
2010£136,047 £1,581 35
2009£130,979 £1,556 35
2008£138,876 £1,667 33
2007£151,356 £1,832 94
2006£144,617 £1,762 93
2005£138,411 £1,680 66
2004£123,615 £1,559 64
2003£112,526 £1,378 66
2002£92,684 £1,176 85
2001£77,044 £909 79
2000£64,564 £780 85
1999£61,109 £717 64
1998£55,084 £690 96
1997£53,934 £656 79
1996£47,574 £548 48
1995£48,168 £606 64
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,600 £2,202 5
2023£187,371 £2,367 31
2022£214,795 £2,520 22
2021£178,495 £2,166 27
2020£158,975 £2,093 20
2019£162,614 £2,116 21
2018£149,310 £1,877 29
2017£149,044 £1,717 27
2016£133,202 £1,667 22
2015£121,679 £1,586 28
2014£111,997 £1,456 21
2013£120,319 £1,533 21
2012£110,531 £1,511 16
2011£138,483 £1,671 30
2010£116,634 £1,374 12
2009£117,982 £1,454 17
2008£119,921 £1,649 18
2007£134,560 £1,845 20
2006£129,581 £1,600 24
2005£121,336 £1,695 26
2004£116,955 £1,510 20
2003£94,916 £1,149 32
2002£76,917 £1,040 30
2001£66,238 £819 30
2000£56,350 £676 28
1999£54,372 £697 26
1998£52,330 £706 41
1997£50,822 £568 18
1996£47,431 £537 16
1995£40,847 £488 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£20,250 £260 1
2023£87,876 £1,428 4
2022£217,500 £2,593 2
2021£475,000 £6,342 9
2020£52,967 £122 3
2019£91,738 £2,275 4
2018£107,425 £1,160 2
2017£149,967 £1,877 3
2016£144,280 £1,767 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£91,500 £1,559 9
2022£134,700 £1,929 5
2021£116,056 £1,624 8
2020£106,500 £1,996 6
2019£115,000 £2,347 1
2018£97,000 £1,699 3
2017£89,490 £1,401 5
2016£69,317 £1,457 6
2015£88,000 £1,353 5
2014£59,500 £1,417 1
2013£55,000 £1,250 1
2012£89,833 £1,413 3
2011£75,000 £1,692 3
2010£73,500 £1,205 2
2009£100,000 £1,754 1
2008£78,000 £2,049 3
2007£113,056 £1,762 9
2006£137,344 £2,228 27
2005£116,829 £1,798 17
2004£79,857 £1,496 7
2003£78,100 £1,309 5
2002£56,017 £1,021 6
2001£48,158 £782 6
2000£42,167 £922 3
1999£43,333 £765 6
1998£42,750 £857 2
1997£38,121 £629 4
1996£44,526 £664 8
1995£31,500 £701 2

House Type in B43 5LU area

The most common house types in the B43 5LU postcode area are Semi-detached (117), Detached (10), and Shared house (3).

Total133
Semi-detached117
Detached10
Shared house3
Flat2
Terraced1
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 (51), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan51
Owned: Owns outright48
Private rented: Private landlord or letting agency27
Social rented: Rents from council or Local Authority4
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B43 5LU have 2 people in household (36), and 3 people in household (29).

2 people in household36
3 people in household29
4 people in household29
1 person in household23
5 people in household8
6 people in household3
8 or more people in household2
0 people in household0
7 people in household0