Housing Market Analysis for MURRELL CLOSE, B5 7NB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £265,000 median price is £265,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 MURRELL CLOSE: £265,000 (Sold on 22 Jul 2022)
    • The first recorded sale happened at this postcode is 7 MURRELL CLOSE: £265,000 (Sold on 22 Jul 2022)
  • Flat
    • The average price is around £97,475 median price is £97,475 Standard Deviation is £2,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 25 MURRELL CLOSE: £99,950 (Sold on 22 Dec 2016)
    • The first recorded sale happened at this postcode is 25 MURRELL CLOSE: £95,000 (Sold on 28 Apr 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B5 7NB 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£265,000 £2,431 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£99,950 £1,149 1
2006£95,000 £1,092 1

All the Sales in the MURRELL CLOSE, B5 7NB

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

AddressSold DatePrice% Change
7 MURRELL CLOSETerraced, FreeholdArea: 109 Sq.mtrAge: 1967-197522 Jul 2022£265,000First Sale
25 MURRELL CLOSEFlat, LeaseholdArea: 87 Sq.mtrAge: 1991-199522 Dec 2016£99,9505.21%
28 Apr 2006£95,000First Sale

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

MURRELL CLOSE, B5 7NB Near By properties

Interactive Map

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

  • Flat
    • The average price is around £158,771 median price is £155,000 Standard Deviation is £69,417 with Total Sold: 1,018
    • The Last 5 Year average price is £191,178 with Total Sold: 232
    • The most recent sale happened at this postcode is FLAT 98, MICHAEL COURT, 115 BRISTOL ROAD: £50,000 (Sold on 25 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 56, MICHAEL COURT, 115 BRISTOL ROAD: £48,950 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £197,883 median price is £190,000 Standard Deviation is £110,618 with Total Sold: 503
    • The Last 5 Year average price is £304,799 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 £193,800 median price is £150,000 Standard Deviation is £194,344 with Total Sold: 266
    • The Last 5 Year average price is £332,873 with Total Sold: 39
    • The most recent sale happened at this postcode is , 47 CHARLOTTE ROAD: £515,000 (Sold on 15 Mar 2024)
    • 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 £1,524,977 median price is £300,000 Standard Deviation is £2,744,652 with Total Sold: 39
    • The Last 5 Year average price is £1,628,100 with Total Sold: 17
    • 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 UNIT 4, 25 - 27 WRENTHAM STREET: £8,300,000 (Sold on 20 Aug 2015)
  • Detached
    • The average price is around £375,485 median price is £292,500 Standard Deviation is £260,672 with Total Sold: 129
    • 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£179,600 £2,959 5
2023£190,474 £3,041 26
2022£175,647 £2,766 31
2021£203,554 £3,298 62
2020£191,847 £3,359 62
2019£185,721 £3,234 46
2018£216,948 £3,481 287
2017£185,332 £3,164 36
2016£131,740 £2,238 20
2015£136,744 £2,403 39
2014£115,002 £1,911 42
2013£126,293 £1,972 48
2012£121,338 £1,999 70
2011£109,802 £1,845 32
2010£93,250 £1,486 6
2009£87,000 £1,776 1
2008£99,808 £1,614 11
2007£96,708 £1,684 13
2006£124,249 £2,199 22
2005£100,119 £2,080 8
2004£108,582 £1,866 63
2003£80,931 £1,380 8
2002£70,668 £1,033 14
2001£51,350 £993 10
2000£36,443 £765 14
1999£41,282 £705 14
1998£31,417 £577 6
1997£35,928 £515 4
1996£26,261 £511 9
1995£32,017 £468 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,333 £2,530 3
2023£330,384 £3,523 14
2022£375,606 £3,733 33
2021£331,471 £3,279 35
2020£235,433 £2,386 12
2019£262,532 £3,009 62
2018£226,680 £2,456 20
2017£260,312 £2,461 8
2016£204,584 £2,287 16
2015£181,752 £2,222 23
2014£192,821 £2,125 31
2013£167,937 £1,646 8
2012£168,569 £2,293 13
2011£197,929 £2,338 35
2010£168,894 £2,541 31
2009£165,642 £2,052 13
2008£149,476 £1,382 8
2007£130,375 £1,321 6
2006£117,786 £1,252 11
2005£173,818 £1,558 11
2004£143,966 £1,345 16
2003£96,535 £1,124 13
2002£89,883 £994 11
2001£74,195 £680 10
2000£51,667 £545 9
1999£49,457 £568 14
1998£41,938 £551 8
1997£34,062 £342 8
1996£42,746 £515 12
1995£46,678 £458 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£515,000 £3,140 1
2023£593,500 £3,453 9
2022£303,500 £3,627 8
2021£229,727 £3,003 11
2020£161,500 £3,034 3
2019£240,864 £2,671 7
2018£277,688 £2,759 8
2017£269,403 £2,391 10
2016£274,330 £2,438 11
2015£214,209 £2,424 5
2014£287,486 £3,404 7
2013£468,0001
2012£291,625 £2,163 4
2011£217,550 £2,233 16
2010£233,765 £2,237 17
2009£182,564 £2,069 7
2008£140,212 £1,568 11
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£2,261,4004
2022£231,550 £2,356 2
2021£170,833 £1,250 3
2020£4,075,675 £59,910 4
2019£338,450 £4,505 4
2018£1,326,742 £44,636 7
2017£454,553 £3,938 13
2015£8,300,0002
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£520,750 £3,035 4
2015£490,700 £3,040 5
2014£399,833 £2,481 3
2013£577,667 £3,956 3
2012£500,000 £2,879 2
2011£594,375 £2,736 4
2010£449,438 £2,904 4
2009£203,975 £2,048 2
2008£507,300 £3,308 3
2007£540,667 £2,905 3
2006£310,983 £2,302 3
2005£263,571 £1,712 7
2004£323,889 £1,839 9
2003£193,750 £1,416 4
2002£311,812 £1,580 8
2001£304,625 £936 4
2000£223,333 £619 9
1999£252,143 £1,236 7
1998£203,000 £1,080 5
1997£159,179 £568 7
1996£140,750 £674 4
1995£233,333 £1,170 3

House Type in B5 7NB area

The most common house types in the B5 7NB postcode area are Flat (82), Terraced (30), and Semi-detached (24).

Total149
Flat82
Terraced30
Semi-detached24
Detached10
commercial building3
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (103), and Owned: Owns outright (13).

Social rented: Other social rented103
Owned: Owns outright13
Owned: Owns with a mortgage or loan11
Social rented: Rents from council or Local Authority7
Private rented: Private landlord or letting agency6
Private rented: Other private rented6
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B5 7NB have 1 person in household (48), and 2 people in household (36).

1 person in household48
2 people in household36
3 people in household27
4 people in household20
6 people in household10
5 people in household5
7 people in household2
8 or more people in household2
0 people in household0