Housing Market Analysis for B5 7LY

Are you looking to understand B5 7LY 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 B5 7LY area, explore the B5 7LY Area information page.
For comprehensive crime statistics in the B5 7LY area, explore the B5 7LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B5 7LY postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average B5 7LY 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.

    All the Sales in the B5 7LY

    See the table below for more details on the sold house prices in the B5 7LY, Birmingham postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the B5 7LY postcode. Properties currently for saleProperties currently for rent

    B5 7LY Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the B5 7LY 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 B5 7LY postcode.

    • Flat
      • The average price is around £178,299 median price is £184,992 Standard Deviation is £75,622 with Total Sold: 629
      • The Last 5 Year average price is £200,415 with Total Sold: 168
      • The most recent sale happened at this postcode is 21, MELROSE APARTMENTS, 2A BELL BARN ROAD: £270,000 (Sold on 20 Sep 2024)
      • The first recorded sale happened at this postcode is , 48 ALPHA CLOSE: £31,000 (Sold on 27 Jan 1995)
    • Terraced
      • The average price is around £169,265 median price is £138,000 Standard Deviation is £117,118 with Total Sold: 443
      • The Last 5 Year average price is £297,957 with Total Sold: 149
      • The most recent sale happened at this postcode is , 29B ST LUKES ROAD: £266,000 (Sold on 31 May 2024)
      • The first recorded sale happened at this postcode is , 6 KINVER CROFT: £36,500 (Sold on 10 Feb 1995)
    • Semi-Detached
      • The average price is around £137,027 median price is £120,000 Standard Deviation is £98,043 with Total Sold: 212
      • The Last 5 Year average price is £236,575 with Total Sold: 34
      • The most recent sale happened at this postcode is , 3 FOUR STONES GROVE: £241,000 (Sold on 06 Dec 2023)
      • The first recorded sale happened at this postcode is , 5 ROLLING MILL CLOSE: £32,500 (Sold on 20 Jan 1995)
    • Other
      • The average price is around £1,079,004 median price is £320,000 Standard Deviation is £2,100,368 with Total Sold: 54
      • The Last 5 Year average price is £827,300 with Total Sold: 31
      • The most recent sale happened at this postcode is , 55 STANHOPE STREET: £400,000 (Sold on 11 Oct 2023)
      • The first recorded sale happened at this postcode is UNIT 4, 25 - 27 WRENTHAM STREET: £8,300,000 (Sold on 20 Aug 2015)
    • Detached
      • The average price is around £241,377 median price is £240,000 Standard Deviation is £159,646 with Total Sold: 48
      • The Last 5 Year average price is £368,889 with Total Sold: 9
      • The most recent sale happened at this postcode is , 14 SPEEDWELL ROAD: £420,000 (Sold on 02 Aug 2023)
      • The first recorded sale happened at this postcode is , 52 PRINCESS ROAD: £40,000 (Sold on 29 Jul 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£256,5002
    2023£184,405 £2,973 17
    2022£191,538 £2,958 20
    2021£221,043 £3,641 44
    2020£199,480 £3,523 51
    2019£185,049 £3,295 34
    2018£221,786 £3,561 266
    2017£187,815 £3,215 27
    2016£116,171 £1,963 12
    2015£129,948 £2,369 29
    2014£71,167 £1,033 3
    2013£102,667 £1,546 3
    2012£103,425 £1,681 20
    2011£99,018 £1,566 9
    2010£56,000 £878 2
    2009£73,000 £1,400 1
    2008£58,000 £1,455 5
    2007£77,467 £1,390 9
    2006£120,954 £2,176 16
    2005£91,738 £1,645 4
    2004£72,077 £1,544 13
    2003£64,667 £1,223 3
    2002£43,879 £882 7
    2001£37,875 £792 4
    2000£26,112 £634 8
    1999£21,625 £543 8
    1998£34,317 £585 3
    1997£21,178 £437 4
    1996£11,500 £230 1
    1995£31,375 £583 4
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£246,333 £2,530 3
    2023£294,838 £2,935 10
    2022£361,190 £3,678 37
    2021£322,188 £3,215 32
    2020£194,886 £2,133 7
    2019£261,167 £2,934 60
    2018£200,982 £2,094 17
    2017£168,409 £1,668 11
    2016£148,700 £1,784 8
    2015£140,987 £1,562 15
    2014£142,083 £1,558 12
    2013£143,357 £1,306 7
    2012£118,000 £1,368 4
    2011£129,600 £1,538 5
    2010£110,125 £1,572 8
    2009£120,825 £1,736 6
    2008£136,250 £1,250 10
    2007£128,338 £1,695 17
    2006£121,342 £1,171 18
    2005£128,300 £1,241 14
    2004£120,722 £1,330 20
    2003£93,824 £1,099 17
    2002£68,377 £788 17
    2001£54,458 £735 13
    2000£48,500 £601 14
    1999£41,857 £597 15
    1998£43,767 £557 15
    1997£37,495 £337 10
    1996£37,896 £481 13
    1995£43,150 £446 8
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£295,600 £3,163 5
    2022£296,455 £3,594 11
    2021£195,250 £2,835 8
    2020£163,625 £2,781 4
    2019£181,342 £2,427 6
    2018£194,500 £2,255 7
    2017£196,714 £2,227 7
    2016£189,604 £1,998 6
    2015£167,850 £1,942 7
    2014£189,267 £1,896 6
    2013£314,000 £1,860 2
    2012£315,833 £2,099 3
    2011£150,317 £1,911 3
    2010£112,000 £1,556 1
    2009£177,167 £1,654 6
    2008£108,037 £1,504 9
    2007£183,786 £1,769 7
    2006£175,286 £2,432 7
    2005£139,111 £1,863 9
    2004£109,603 £1,678 13
    2003£124,494 £1,744 8
    2002£92,269 £862 8
    2001£63,583 £985 6
    2000£72,880 £713 11
    1999£48,240 £628 15
    1998£53,455 £600 11
    1997£45,500 £596 13
    1996£55,308 £430 5
    1995£44,812 £542 8
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,386,160 £1,488 10
    2022£231,683 £2,356 6
    2021£275,055 £1,250 7
    2020£1,778,854 £59,910 4
    2019£338,450 £4,505 4
    2018£1,336,384 £59,105 7
    2017£464,630 £4,078 13
    2016£625,0001
    2015£8,300,0002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£420,000 £3,717 1
    2022£525,000 £4,438 2
    2021£350,000 £3,097 1
    2020£535,000 £3,741 1
    2019£241,250 £3,712 4
    2018£408,188 £2,926 4
    2016£288,000 £2,846 1
    2015£430,333 £2,675 3
    2014£297,250 £2,002 2
    2010£90,000 £811 1
    2009£215,000 £2,048 1
    2008£249,900 £2,426 1
    2006£319,950 £2,302 1
    2005£120,000 £1,206 4
    2004£215,286 £2,099 7
    2003£96,667 £1,416 3
    2002£180,000 £1,466 2
    2001£58,0001
    2000£114,000 £619 5
    1997£140,000 £482 2
    1996£40,0001

    House Type in B5 7LY area

    The most common house types in the B5 7LY postcode area are Terraced (61), Semi-detached (44), and Flat (32).

    Total149
    Terraced61
    Semi-detached44
    Flat32
    Detached8
    Shared house2
    converted building1
    temporary structure1
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (49), and Social rented: Other social rented (38).

    Social rented: Rents from council or Local Authority49
    Social rented: Other social rented38
    Owned: Owns outright25
    Owned: Owns with a mortgage or loan24
    Private rented: Private landlord or letting agency8
    Shared ownership: Shared ownership5
    Private rented: Other private rented3
    Lives rent free1
    Does not apply0

    Number of People in a Household

    The most houses in the B5 7LY have 1 person in household (45), and 2 people in household (31).

    1 person in household45
    2 people in household31
    5 people in household23
    4 people in household19
    3 people in household17
    6 people in household11
    7 people in household4
    8 or more people in household2
    0 people in household0