Housing Market Analysis for MURRELL CLOSE, B5 7LZ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £60,000 median price is £60,000 Standard Deviation is £8,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 44, OTTAWA TOWER MURRELL CLOSE: £68,000 (Sold on 11 Nov 2011)
    • The first recorded sale happened at this postcode is FLAT 33, OTTAWA TOWER MURRELL CLOSE: £52,000 (Sold on 15 Dec 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average B5 7LZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£68,000 £970 1
2008£52,000 £825 1

All the Sales in the MURRELL CLOSE, B5 7LZ

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

AddressSold DatePrice% Change
FLAT 44, OTTAWA TOWER MURRELL CLOSEFlat, LeaseholdArea: 70.09 Sq.mtrAge: 1976-198211 Nov 2011£68,000First Sale
FLAT 33, OTTAWA TOWER MURRELL CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 1950-196615 Dec 2008£52,000First Sale

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

MURRELL CLOSE, B5 7LZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £174,835 median price is £174,325 Standard Deviation is £60,605 with Total Sold: 1,014
    • The Last 5 Year average price is £199,000 with Total Sold: 237
    • 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 , 41 BELLEVUE: £34,000 (Sold on 14 Feb 1995)
  • Terraced
    • The average price is around £203,441 median price is £194,950 Standard Deviation is £112,720 with Total Sold: 485
    • The Last 5 Year average price is £309,642 with Total Sold: 159
    • 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 , 85 PERSHORE ROAD: £50,000 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £184,917 median price is £136,000 Standard Deviation is £196,712 with Total Sold: 249
    • The Last 5 Year average price is £324,779 with Total Sold: 36
    • 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 £1,870,000 median price is £325,000 Standard Deviation is £3,444,332 with Total Sold: 49
    • The Last 5 Year average price is £1,458,799 with Total Sold: 24
    • The most recent sale happened at this postcode is , Sep-19 BRISTOL ROAD: £8,106,602 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is FLAT 3, 40 GREAT COLMORE STREET: £7,210,000 (Sold on 23 Oct 2014)
  • Detached
    • The average price is around £384,438 median price is £293,750 Standard Deviation is £271,901 with Total Sold: 112
    • The Last 5 Year average price is £629,525 with Total Sold: 20
    • 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 , 109 BRISTOL ROAD: £287,000 (Sold on 10 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,000 £2,959 4
2023£204,018 £3,336 21
2022£197,091 £3,033 23
2021£210,077 £3,462 57
2020£199,491 £3,473 58
2019£188,550 £3,485 74
2018£213,669 £3,613 384
2017£189,160 £3,226 34
2016£130,832 £2,247 19
2015£139,972 £2,487 36
2014£127,103 £2,090 35
2013£130,422 £2,035 44
2012£124,687 £2,048 65
2011£112,626 £1,907 29
2010£86,000 £1,356 3
2009£87,000 £1,776 1
2008£106,378 £1,475 5
2007£95,633 £1,698 9
2006£124,570 £2,219 21
2005£84,992 £1,912 6
2004£109,435 £1,887 59
2003£77,869 £1,104 8
2002£48,450 £601 2
2001£37,0005
2000£33,8333
1999£26,167 £552 3
1997£20,630 £291 2
1996£22,000 £320 1
1995£29,333 £486 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,333 £2,530 3
2023£330,384 £3,523 14
2022£386,143 £3,815 35
2021£331,471 £3,279 35
2020£247,520 £2,360 10
2019£262,532 £3,009 62
2018£229,900 £2,477 19
2017£260,312 £2,461 8
2016£204,584 £2,287 16
2015£181,377 £2,210 22
2014£198,358 £2,125 32
2013£171,928 £1,610 7
2012£168,569 £2,293 13
2011£197,929 £2,338 35
2010£168,857 £2,560 30
2009£165,642 £2,052 13
2008£155,135 £1,381 6
2007£130,375 £1,321 6
2006£114,565 £1,163 10
2005£176,950 £1,558 10
2004£151,573 £1,384 13
2003£96,535 £1,124 13
2002£96,658 £1,065 8
2001£75,550 £665 9
2000£51,667 £545 9
1999£49,492 £568 12
1998£41,938 £551 8
1997£34,062 £342 8
1996£44,450 £515 11
1995£46,262 £458 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£593,500 £3,453 9
2022£300,375 £3,629 8
2021£214,700 £2,906 10
2020£161,500 £3,034 3
2019£219,342 £2,574 6
2018£277,688 £2,759 8
2017£269,403 £2,391 10
2016£251,959 £2,294 9
2015£198,750 £2,153 4
2014£287,486 £3,404 7
2013£468,0001
2012£291,625 £2,163 4
2011£183,623 £2,197 11
2010£204,465 £2,373 10
2009£182,564 £2,069 7
2008£145,194 £1,568 12
2007£360,650 £1,923 10
2006£219,643 £2,558 7
2005£145,333 £2,238 6
2004£106,804 £1,669 11
2003£135,244 £1,457 8
2002£126,815 £859 10
2001£91,562 £987 8
2000£72,880 £713 11
1999£51,507 £655 14
1998£74,292 £633 12
1997£70,971 £606 17
1996£54,708 £405 5
1995£134,068 £591 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,686,7676
2022£253,775 £2,356 4
2021£170,833 £1,250 3
2020£4,075,675 £59,910 4
2019£1,008,611 £11,756 7
2018£3,328,080 £95,731 8
2017£441,728 £3,938 14
2015£8,300,0002
2014£7,210,000 £126,049 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£496,750 £3,565 2
2022£525,000 £4,438 2
2021£925,000 £3,749 6
2020£516,000 £3,350 2
2019£495,625 £3,825 8
2018£383,792 £2,912 6
2016£494,333 £2,400 3
2015£472,125 £3,040 4
2014£399,833 £2,481 3
2013£577,667 £3,956 3
2012£660,000 £3,060 1
2011£594,375 £2,736 4
2010£449,438 £2,904 4
2009£203,975 £2,048 2
2008£499,950 £3,308 2
2007£555,000 £2,905 2
2006£310,983 £2,302 3
2005£263,571 £1,712 7
2004£292,000 £1,395 6
2003£193,750 £1,416 4
2002£311,812 £1,580 8
2001£325,000 £936 3
2000£223,333 £619 9
1999£407,500 £1,175 2
1998£236,667 £984 3
1997£155,708 £568 6
1996£140,750 £674 4
1995£233,333 £1,170 3

House Type in B5 7LZ area

The most common house types in the B5 7LZ postcode area are Flat (105), Semi-detached (11), and Terraced (3).

Total122
Flat105
Semi-detached11
Terraced3
Detached2
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (104), and Private rented: Private landlord or letting agency (10).

Social rented: Other social rented104
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority8
Owned: Owns outright1
Shared ownership: Shared ownership1
Does not apply0
Owned: Owns with a mortgage or loan0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B5 7LZ have 1 person in household (43), and 3 people in household (33).

1 person in household43
3 people in household33
2 people in household27
4 people in household10
5 people in household4
6 people in household4
7 people in household2
0 people in household0
8 or more people in household0