Housing Market Analysis for GORSTIE CROFT, B43 5LZ

Are you looking to understand B43 5LZ 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 5LZ area, explore the B43 5LZ Area information page.
For comprehensive crime statistics in the B43 5LZ area, explore the B43 5LZ Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £77,469 median price is £90,000 Standard Deviation is £29,808 with Total Sold: 11
- The Last 5 Year average price is £96,250 with Total Sold: 4
- The most recent sale happened at this postcode is 3 GORSTIE CROFT: £90,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is 3 GORSTIE CROFT: £90,000 (Sold on 18 Aug 2022)
Terraced
- The average price is around £101,432 median price is £101,000 Standard Deviation is £27,743 with Total Sold: 22
- The Last 5 Year average price is £133,000 with Total Sold: 5
- The most recent sale happened at this postcode is 11 GORSTIE CROFT: £135,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 16 GORSTIE CROFT: £44,000 (Sold on 25 Apr 1997)
Semi-Detached
- The average price is around £91,057 median price is £82,000 Standard Deviation is £33,073 with Total Sold: 7
- The Last 5 Year average price is £124,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 GORSTIE CROFT: £124,500 (Sold on 24 Aug 2018)
- The first recorded sale happened at this postcode is 20 GORSTIE CROFT: £124,000 (Sold on 18 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average B43 5LZ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£90,000	£1,837	1
2022	£90,000	£1,837	2
2019	£115,000	£2,347	1
2011	£68,000	£1,388	1
2005	£127,950	£2,285	1
2004	£98,500	£1,917	1
1999	£45,000	£1,063	1
1998	£44,000	£857	1
1996	£41,852	£787	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£137,500	£2,627	2
2022	£145,000	£2,843	1
2020	£135,000	£2,935	1
2019	£110,000	£2,299	1
2018	£100,000	£2,222	1
2016	£98,000	£2,130	1
2015	£96,000	£1,988	2
2014	£102,000	£2,125	1
2013	£100,000	£1,957	1
2012	£85,000	£1,667	1
2011	£91,750	£1,855	2
2010	£111,500	£2,185	1
2009	£109,500	£2,317	2
2005	£133,500		1
2003	£103,000	£2,146	1
1999	£47,500	£1,109	2
1997	£44,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£124,500	£2,394	1
2007	£134,950	£2,699	1
2003	£82,000	£1,607	1
2001	£59,999	£1,200	1
2000	£59,000	£1,135	1
1997	£52,950	£1,018	1
2024	£124,000		1

All the Sales in the GORSTIE CROFT, B43 5LZ

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

Address	Sold Date	Price	% Change
3 GORSTIE CROFTFlat, LeaseholdArea: 49 Sq.mtrAge: 1991-1995	18 Aug 2023	£90,000	0.0
	18 Aug 2022	£90,000	-21.74%
	19 Dec 2019	£115,000	69.12%
	11 Feb 2011	£68,000	-24.44%
	18 Aug 2022	£90,000	First Sale
11 GORSTIE CROFTTerraced, LeaseholdArea: 55 Sq.mtrAge: 1991-1995	28 Jul 2023	£135,000	31.07%
	26 Jan 2015	£103,000	First Sale
10 GORSTIE CROFTTerraced, LeaseholdArea: 50 Sq.mtrAge: 1991-1995	13 Jan 2023	£140,000	First Sale
5 GORSTIE CROFTTerraced, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	14 Jul 2022	£145,000	70.59%
	29 Jun 2012	£85,000	First Sale
18 GORSTIE CROFTTerraced, LeaseholdArea: 46 Sq.mtrAge: 1983-1990	06 Mar 2020	£135,000	164.71%
	27 Apr 1999	£51,000	First Sale
12 GORSTIE CROFTTerraced, LeaseholdArea: 47.85 Sq.mtrAge: 1983-1990	09 Aug 2019	£110,000	22.22%
	11 Feb 2011	£90,000	First Sale
17 GORSTIE CROFTTerraced, LeaseholdArea: 45 Sq.mtrAge: 1991-1995	29 Aug 2018	£100,000	First Sale
1 GORSTIE CROFTSemi-Detached, LeaseholdArea: 52 Sq.mtrAge: 1983-1990	24 Aug 2018	£124,500	111.02%
	10 Nov 2000	£59,000	11.43%
	31 Oct 1997	£52,950	First Sale
19 GORSTIE CROFTTerraced, LeaseholdArea: 46 Sq.mtrAge: 1983-1990	31 Mar 2016	£98,000	First Sale
14 GORSTIE CROFTTerraced, LeaseholdArea: 42.32 Sq.mtrAge: 1983-1990	15 Dec 2015	£89,000	97.78%
	14 May 1999	£45,000	First Sale
4 GORSTIE CROFTTerraced, LeaseholdArea: 48 Sq.mtrAge: 1983-1990	02 May 2014	£102,000	-0.97%
	12 Dec 2003	£103,000	First Sale
9 GORSTIE CROFTTerraced, LeaseholdArea: 51.09 Sq.mtrAge: 1983-1990	25 Oct 2013	£100,000	6.95%
	14 Oct 2011	£93,500	First Sale
8 GORSTIE CROFTTerraced, LeaseholdArea: 51.03 Sq.mtr	17 May 2010	£111,500	35.98%
8 GORSTIE CROFTTerraced, LeaseholdArea: 51.03 Sq.mtr	28 Mar 2003	£82,000	First Sale
2 GORSTIE CROFTTerraced, LeaseholdArea: 51.37 Sq.mtrAge: 1983-1990	23 Oct 2009	£119,000	20.81%
	11 Jun 2004	£98,500	123.86%
	30 Jan 1998	£44,000	-10.20%
	26 Jul 1996	£49,000	First Sale
6 GORSTIE CROFTTerraced, Leasehold	14 Aug 2009	£100,000	-25.09%
6 GORSTIE CROFTTerraced, Leasehold	01 Jul 2005	£133,500	First Sale
20 GORSTIE CROFTSemi-Detached, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	21 Sep 2007	£134,950	124.92%
	05 Oct 2001	£59,999	-51.61%
	18 Jun 2024	£124,000	First Sale
7 GORSTIE CROFTFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	15 Jul 2005	£127,950	268.68%
7 GORSTIE CROFTFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	10 May 1996	£34,705	First Sale
16 GORSTIE CROFTTerraced, Leasehold	15 Sep 1999	£44,000	0.0
16 GORSTIE CROFTTerraced, Leasehold	25 Apr 1997	£44,000	First Sale

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

GORSTIE CROFT, B43 5LZ Near By properties

Interactive Map

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

Detached
- The average price is around £208,033 median price is £184,500 Standard Deviation is £116,675 with Total Sold: 218
- The Last 5 Year average price is £304,686 with Total Sold: 32
- 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 £134,020 median price is £135,000 Standard Deviation is £63,480 with Total Sold: 1,380
- The Last 5 Year average price is £212,263 with Total Sold: 266
- 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 , 228 JAYSHAW AVENUE: £56,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £102,487 median price is £105,475 Standard Deviation is £36,710 with Total Sold: 340
- The Last 5 Year average price is £117,258 with Total Sold: 55
- The most recent sale happened at this postcode is 18, SANDRINGHAM COURT WALSALL ROAD: £130,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 41 AMBURY WAY: £39,000 (Sold on 27 Oct 1995)
Terraced
- The average price is around £123,779 median price is £122,750 Standard Deviation is £60,644 with Total Sold: 530
- The Last 5 Year average price is £188,800 with Total Sold: 99
- The most recent sale happened at this postcode is , 6 PAGES LANE: £305,000 (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 £172,695 median price is £167,500 Standard Deviation is £134,068 with Total Sold: 48
- The Last 5 Year average price is £183,291 with Total Sold: 33
- 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)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£295,667	£2,770	3
2023	£388,000	£3,216	2
2022	£411,000	£3,381	8
2021	£297,062	£3,049	8
2020	£217,125	£2,564	4
2019	£221,991	£2,247	7
2018	£353,333	£3,448	3
2017	£268,387	£2,849	9
2016	£266,429	£2,660	7
2015	£327,250	£2,058	6
2014	£221,073	£2,144	7
2013	£235,690	£2,076	10
2012	£210,143	£1,984	7
2011	£239,000	£2,089	2
2010	£207,000	£2,036	2
2009	£207,167	£1,676	9
2008	£317,200	£1,675	5
2007	£297,628	£3,091	9
2006	£290,119	£2,158	8
2005	£219,869	£2,713	8
2004	£199,667	£2,165	9
2003	£202,945	£1,678	11
2002	£168,890	£1,323	10
2001	£106,611	£1,089	9
2000	£108,017	£784	15
1999	£100,050	£796	10
1998	£77,550	£731	10
1997	£89,900	£594	6
1996	£86,595	£1,114	10
1995	£85,375	£509	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,811	£2,861	17
2023	£248,300	£2,908	43
2022	£246,210	£2,939	50
2021	£205,321	£2,436	56
2020	£183,466	£2,177	38
2019	£183,663	£2,106	62
2018	£170,530	£2,182	43
2017	£168,853	£2,080	33
2016	£155,437	£1,929	58
2015	£155,074	£1,885	41
2014	£148,892	£1,756	33
2013	£130,267	£1,640	41
2012	£133,293	£1,798	34
2011	£148,588	£1,742	32
2010	£143,164	£1,668	28
2009	£132,649	£1,628	30
2008	£142,464	£1,716	23
2007	£159,415	£1,869	70
2006	£153,153	£1,808	68
2005	£142,865	£1,684	45
2004	£129,828	£1,695	52
2003	£116,016	£1,391	51
2002	£97,122	£1,166	68
2001	£85,770	£987	53
2000	£65,911	£820	61
1999	£61,224	£706	46
1998	£55,139	£660	59
1997	£56,079	£679	57
1996	£47,548	£494	35
1995	£49,619	£650	53

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,000		2
2023	£125,583	£2,023	6
2022	£115,300	£1,982	10
2021	£123,511	£2,031	19
2020	£107,333	£1,862	6
2019	£106,500	£1,910	12
2018	£100,143	£1,754	7
2017	£104,740	£1,850	10
2016	£93,851	£1,627	9
2015	£91,667	£1,553	6
2014	£85,812	£1,572	8
2012	£89,125	£1,576	4
2011	£91,931	£1,710	8
2010	£93,493	£1,730	7
2009	£84,000	£1,754	3
2008	£89,500	£1,935	6
2007	£128,014	£2,074	14
2006	£131,881	£2,280	38
2005	£131,953	£2,063	34
2004	£115,916	£2,089	47
2003	£79,878	£1,526	9
2002	£95,221	£1,503	26
2001	£51,750	£895	8
2000	£43,328	£911	9
1999	£39,400	£852	10
1998	£39,417	£867	6
1997	£36,164	£733	6
1996	£45,356	£755	9
1995	£39,000	£591	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£194,400	£2,202	5
2023	£191,595	£2,362	21
2022	£201,727	£2,655	22
2021	£189,579	£2,263	19
2020	£184,250	£2,216	16
2019	£169,231	£2,211	16
2018	£167,045	£1,901	22
2017	£157,690	£1,757	22
2016	£138,842	£1,810	19
2015	£128,025	£1,695	20
2014	£109,186	£1,453	15
2013	£134,079	£1,543	12
2012	£112,154	£1,602	13
2011	£139,330	£1,723	30
2010	£117,266	£1,381	10
2009	£125,763	£1,467	15
2008	£139,857	£2,080	15
2007	£135,585	£1,929	20
2006	£134,222	£1,736	18
2005	£135,663	£1,803	15
2004	£120,939	£1,544	14
2003	£105,468	£1,346	17
2002	£98,773	£1,184	24
2001	£71,429	£802	24
2000	£62,176	£738	19
1999	£55,664	£694	20
1998	£55,269	£567	24
1997	£51,912	£628	20
1996	£48,991	£562	11
1995	£49,642	£460	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,750	£260	3
2023	£96,701	£1,428	5
2022	£364,000	£2,814	5
2021	£184,055	£1,998	12
2020	£175,750		3
2019	£113,790	£2,253	5
2018	£166,050	£1,160	7
2017	£119,000	£1,877	3
2016	£144,280	£1,767	5

House Type in B43 5LZ area

The most common house types in the B43 5LZ postcode area are Semi-detached (97), Terraced (12), and Detached (4).

Total	115
Semi-detached	97
Terraced	12
Detached	4
Flat	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	30
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B43 5LZ have 1 person in household (43), and 2 people in household (28).

1 person in household	43
2 people in household	28
3 people in household	21
4 people in household	13
5 people in household	8
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0