Housing Market Analysis for LAKEWOOD DRIVE, B45 9WE

Are you looking to understand B45 9WE 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 B45 9WE area, explore the B45 9WE Area information page.
For comprehensive crime statistics in the B45 9WE area, explore the B45 9WE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B45 9WE postcode area, The average prices are as follows,

Detached
- The average price is around £220,620 median price is £226,500 Standard Deviation is £66,378 with Total Sold: 32
- The Last 5 Year average price is £338,800 with Total Sold: 5
- The most recent sale happened at this postcode is 19 LAKEWOOD DRIVE: £370,000 (Sold on 20 Dec 2022)
- The first recorded sale happened at this postcode is 6 LAKEWOOD DRIVE: £146,950 (Sold on 29 Jun 2001)
Semi-Detached
- The average price is around £245,000 median price is £245,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 31 LAKEWOOD DRIVE: £245,000 (Sold on 06 Jul 2007)
- The first recorded sale happened at this postcode is 31 LAKEWOOD DRIVE: £245,000 (Sold on 06 Jul 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B45 9WE 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£370,000	£3,109	1
2021	£335,500	£3,043	2
2020	£310,000	£3,131	1
2019	£343,000	£2,722	1
2017	£275,000	£2,778	1
2012	£230,000	£1,927	1
2011	£249,995	£1,926	1
2010	£250,000		1
2007	£245,000	£1,999	2
2006	£221,500	£2,070	1
2005	£234,500	£1,917	4
2004	£233,333		3
2002	£147,450	£1,309	2
2001	£156,041	£1,403	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£245,000		1

All the Sales in the LAKEWOOD DRIVE, B45 9WE

See the table below for more details on the sold house prices in the B45 9WE, Birmingham postcode.

Address	Sold Date	Price	% Change
19 LAKEWOOD DRIVEDetached, FreeholdArea: 119 Sq.mtrAge: 1996-2002	20 Dec 2022	£370,000	63.00%
	02 Dec 2005	£227,000	First Sale
17 LAKEWOOD DRIVEDetached, FreeholdArea: 119.34 Sq.mtrAge: 1996-2002	26 Nov 2021	£345,000	50.00%
	31 Aug 2012	£230,000	60.90%
	22 Mar 2002	£142,950	First Sale
6 LAKEWOOD DRIVEDetached, FreeholdArea: 102 Sq.mtrAge: 1996-2002	11 Jun 2021	£326,000	121.84%
	29 Jun 2001	£146,950	First Sale
21 LAKEWOOD DRIVEDetached, FreeholdArea: 99 Sq.mtrAge: 1996-2002	17 Nov 2020	£310,000	12.73%
	28 Feb 2017	£275,000	85.87%
	19 Nov 2001	£147,950	First Sale
14 LAKEWOOD DRIVEDetached, FreeholdArea: 126 Sq.mtrAge: 1996-2002	26 Jul 2019	£343,000	87.48%
	10 Aug 2001	£182,950	First Sale
8 LAKEWOOD DRIVEDetached, FreeholdArea: 129.81 Sq.mtrAge: 1996-2002	09 Sep 2011	£249,995	-0.00%
	03 Jun 2005	£249,999	First Sale
4 LAKEWOOD DRIVEDetached, Freehold	07 Oct 2010	£250,000	4.17%
	29 Oct 2004	£240,000	-2.04%
	16 Jul 2004	£245,000	First Sale
31 LAKEWOOD DRIVESemi-Detached, Freehold	06 Jul 2007	£245,000	First Sale
10 LAKEWOOD DRIVEDetached, FreeholdArea: 122.54 Sq.mtrAge: 1996-2002	23 Mar 2007	£245,000	66.72%
	24 Aug 2001	£146,950	First Sale
12 LAKEWOOD DRIVEDetached, Freehold	17 Jan 2007	£245,000	63.39%
12 LAKEWOOD DRIVEDetached, Freehold	03 Aug 2001	£149,950	First Sale
15 LAKEWOOD DRIVEDetached, FreeholdArea: 107 Sq.mtrAge: 1996-2002	19 Oct 2006	£221,500	45.77%
	28 Feb 2002	£151,950	First Sale
23 LAKEWOOD DRIVEDetached, Freehold	09 Sep 2005	£235,000	3.98%
	02 Sep 2005	£226,000	53.79%
	17 Oct 2001	£146,950	First Sale
25 LAKEWOOD DRIVEDetached, Freehold	03 Sep 2004	£215,000	43.38%
25 LAKEWOOD DRIVEDetached, Freehold	05 Nov 2001	£149,950	First Sale
27 LAKEWOOD DRIVEDetached, Freehold	17 Dec 2001	£209,950	First Sale
18 LAKEWOOD DRIVEDetached, Freehold	29 Oct 2001	£140,950	First Sale
29 LAKEWOOD DRIVEDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	26 Oct 2001	£146,950	First Sale
20 LAKEWOOD DRIVEDetached, Freehold	26 Oct 2001	£146,950	First Sale

Check out the sold house prices near the B45 9WE postcode. Properties currently for saleProperties currently for rent

LAKEWOOD DRIVE, B45 9WE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B45 9WE 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 B45 9WE postcode.

Semi-Detached
- The average price is around £123,568 median price is £124,000 Standard Deviation is £56,964 with Total Sold: 385
- The Last 5 Year average price is £186,421 with Total Sold: 55
- The most recent sale happened at this postcode is , 46 RINGWOOD DRIVE: £168,500 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 369 RUBERY LANE: £49,000 (Sold on 01 Mar 1995)
Flat
- The average price is around £99,149 median price is £101,475 Standard Deviation is £27,207 with Total Sold: 376
- The Last 5 Year average price is £122,924 with Total Sold: 68
- The most recent sale happened at this postcode is , 39 RINGWOOD DRIVE: £100,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 8 HAFREN CLOSE: £26,000 (Sold on 19 May 1995)
Terraced
- The average price is around £121,476 median price is £119,950 Standard Deviation is £51,341 with Total Sold: 791
- The Last 5 Year average price is £176,232 with Total Sold: 111
- The most recent sale happened at this postcode is , 17 ELM DRIVE: £418,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 55 RADNOR CLOSE: £42,000 (Sold on 24 Mar 1995)
Detached
- The average price is around £221,116 median price is £220,000 Standard Deviation is £83,507 with Total Sold: 413
- The Last 5 Year average price is £335,609 with Total Sold: 54
- The most recent sale happened at this postcode is , 106 SEDGEBOURNE WAY: £150,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 20 RUBERY LANE: £58,500 (Sold on 27 Jan 1995)
Other
- The average price is around £2,283,642 median price is £320,000 Standard Deviation is £3,792,456 with Total Sold: 8
- The Last 5 Year average price is £5,820,040 with Total Sold: 2
- The most recent sale happened at this postcode is , 90 RUBERY LANE: £192,000 (Sold on 24 Sep 2021)
- The first recorded sale happened at this postcode is , 11 HONEYSUCKLE WAY: £1,099,411 (Sold on 08 Dec 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,700	£4,206	5
2023	£218,636	£2,971	11
2022	£208,257	£2,452	7
2021	£171,303	£2,238	10
2020	£184,833	£2,324	6
2019	£156,240	£2,041	16
2018	£175,000	£2,196	12
2017	£168,403	£2,095	16
2016	£154,883	£1,820	11
2015	£137,991	£1,779	12
2014	£150,356	£1,848	22
2013	£144,268	£1,814	11
2012	£122,538	£1,589	13
2011	£95,188	£1,340	8
2010	£122,767	£1,494	9
2009	£105,875	£1,549	2
2008	£119,111	£1,577	9
2007	£144,192	£1,771	18
2006	£136,747	£1,754	16
2005	£120,364	£1,499	15
2004	£136,506	£1,855	16
2003	£111,303	£1,457	15
2002	£87,473	£1,128	23
2001	£77,473	£1,004	15
2000	£77,850	£1,043	33
1999	£72,060	£867	27
1998	£53,083	£822	15
1997	£50,000	£449	3
1996	£48,000	£800	6
1995	£54,333	£454	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£104,000	£1,870	6
2023	£143,154	£2,495	13
2022	£122,200	£2,270	15
2021	£117,250	£2,080	14
2020	£124,333	£2,108	6
2019	£118,096	£2,078	14
2018	£111,455	£1,976	11
2017	£109,583	£2,049	12
2016	£96,300	£1,812	5
2015	£106,836	£1,988	22
2014	£112,612	£1,812	17
2013	£96,000	£1,709	7
2012	£82,100	£1,571	5
2011	£89,250	£1,585	4
2010	£92,875	£1,745	8
2009	£99,000	£1,768	1
2008	£103,643	£1,925	7
2007	£114,808	£2,013	27
2006	£103,857	£1,922	22
2005	£100,945	£1,997	11
2004	£105,748	£2,046	25
2003	£93,308	£1,735	33
2002	£78,254	£1,423	24
2001	£73,841	£1,338	46
2000	£60,991	£1,161	17
1999	£23,817	£556	3
1995	£26,000	£650	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,000		4
2023	£214,938	£2,563	16
2022	£187,131	£2,887	13
2021	£171,220	£2,072	28
2020	£159,806	£1,988	18
2019	£157,233	£2,034	32
2018	£140,958	£1,902	25
2017	£162,936	£1,986	22
2016	£147,986	£1,847	32
2015	£130,680	£1,581	27
2014	£133,212	£1,787	23
2013	£131,197	£1,633	20
2012	£127,955	£1,663	11
2011	£117,800	£1,496	15
2010	£112,818	£1,562	11
2009	£124,318	£1,488	11
2008	£134,110	£1,660	15
2007	£135,245	£1,727	31
2006	£139,582	£1,672	50
2005	£131,063	£1,764	35
2004	£125,205	£1,474	39
2003	£122,927	£1,413	75
2002	£95,168	£1,142	39
2001	£86,994	£1,225	71
2000	£77,104	£1,073	32
1999	£61,958	£779	30
1998	£60,169	£920	51
1997	£36,992	£446	6
1996	£31,786	£444	7
1995	£41,000	£451	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,000	£3,563	3
2023	£413,800	£3,101	5
2022	£350,929	£3,298	7
2021	£365,905	£2,970	11
2020	£329,704	£2,918	12
2019	£297,375	£3,003	16
2018	£256,954	£2,858	9
2017	£249,939	£2,308	9
2016	£293,099	£2,392	29
2015	£239,622	£2,170	18
2014	£235,727	£1,933	11
2013	£244,964	£2,777	15
2012	£270,637	£2,342	14
2011	£240,736	£2,002	17
2010	£217,571	£1,853	7
2009	£218,333	£2,013	3
2008	£202,300	£1,978	10
2007	£275,147	£2,103	18
2006	£192,783	£1,954	12
2005	£233,291	£2,032	12
2004	£218,437	£1,905	19
2003	£208,144	£1,788	16
2002	£159,026	£1,419	40
2001	£151,811	£1,333	46
2000	£147,252	£1,256	20
1999	£114,039	£1,074	18
1998	£110,041	£957	11
1997	£93,500	£1,319	2
1996	£64,475	£866	2
1995	£58,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£192,000	£2,909	1
2020	£11,448,081		1
2018	£2,464,695	£35	2
2017	£76,125		2
2016	£448,000	£6,137	1
2014	£1,099,411	£12,934	1

House Type in B45 9WE area

The most common house types in the B45 9WE postcode area are Detached (91), Terraced (24), and Semi-detached (21).

Total	137
Detached	91
Terraced	24
Semi-detached	21
Flat	1
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 with a mortgage or loan (68), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan	68
Owned: Owns outright	40
Social rented: Other social rented	17
Private rented: Private landlord or letting agency	5
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B45 9WE have 2 people in household (48), and 4 people in household (35).

2 people in household	48
4 people in household	35
3 people in household	20
1 person in household	16
5 people in household	12
6 people in household	3
7 people in household	1
8 or more people in household	1
0 people in household	0