Housing Market Analysis for LAUREL GROVE, B61 8LU

Are you looking to understand B61 8LU 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 Bromsgrove postcode.

For the location information and nearby amenities in the B61 8LU area, explore the B61 8LU Area information page.
For comprehensive crime statistics in the B61 8LU area, explore the B61 8LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B61 8LU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £118,362 median price is £123,750 Standard Deviation is £40,656 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 LAUREL GROVE: £169,950 (Sold on 23 May 2016)
    • The first recorded sale happened at this postcode is 2 LAUREL GROVE: £56,000 (Sold on 26 Feb 1999)
  • Flat
    • The average price is around £62,320 median price is £73,000 Standard Deviation is £23,303 with Total Sold: 5
    • The most recent sale happened at this postcode is 17 LAUREL GROVE: £70,000 (Sold on 25 Sep 2015)
    • The first recorded sale happened at this postcode is 19 LAUREL GROVE: £16,000 (Sold on 18 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average B61 8LU 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
2016£169,950 £2,023 1
2013£125,000 £1,488 1
2007£122,5001
1999£56,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£74,000 £1,044 2
2011£74,600 £1,012 1
2004£73,000 £1,074 1
2002£16,000 £242 1

All the Sales in the LAUREL GROVE, B61 8LU

See the table below for more details on the sold house prices in the B61 8LU, Bromsgrove postcode.

AddressSold DatePrice% Change
1 LAUREL GROVETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196623 May 2016£169,95035.96%
02 Aug 2013£125,000First Sale
17 LAUREL GROVEFlat, LeaseholdArea: 68 Sq.mtrAge: 1950-196625 Sep 2015£70,000-4.11%
16 Feb 2004£73,000First Sale
19 LAUREL GROVEFlat, LeaseholdArea: 73.73 Sq.mtrAge: 1950-196627 Feb 2015£78,0004.56%
21 Apr 2011£74,600366.25%
18 Nov 2002£16,000First Sale
8 LAUREL GROVETerraced, Freehold07 Mar 2007£122,500First Sale
2 LAUREL GROVETerraced, Freehold26 Feb 1999£56,000First Sale

Check out the sold house prices near the B61 8LU postcode. Properties currently for saleProperties currently for rent

LAUREL GROVE, B61 8LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B61 8LU 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 B61 8LU postcode.

  • Detached
    • The average price is around £206,377 median price is £200,000 Standard Deviation is £94,190 with Total Sold: 408
    • The Last 5 Year average price is £330,440 with Total Sold: 62
    • The most recent sale happened at this postcode is , 60A STOURBRIDGE ROAD: £262,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 50 THE FLATS: £93,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £144,252 median price is £140,000 Standard Deviation is £68,320 with Total Sold: 1,064
    • The Last 5 Year average price is £239,099 with Total Sold: 176
    • The most recent sale happened at this postcode is , 27 KING GEORGE CLOSE: £260,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 19 MELBOURNE AVENUE: £54,950 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £132,403 median price is £130,500 Standard Deviation is £61,932 with Total Sold: 787
    • The Last 5 Year average price is £209,090 with Total Sold: 124
    • The most recent sale happened at this postcode is , 9 LIME GROVE: £235,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 31 ORCHARD ROAD: £55,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £78,600 median price is £73,950 Standard Deviation is £37,581 with Total Sold: 192
    • The Last 5 Year average price is £123,269 with Total Sold: 24
    • The most recent sale happened at this postcode is , 69 PENNINE ROAD: £90,500 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is , 51 PENNINE ROAD: £28,000 (Sold on 01 May 1995)
  • Other
    • The average price is around £849,248 median price is £283,000 Standard Deviation is £1,695,301 with Total Sold: 18
    • The Last 5 Year average price is £635,071 with Total Sold: 7
    • The most recent sale happened at this postcode is , 46 BROAD STREET: £510,000 (Sold on 27 Jul 2023)
    • The first recorded sale happened at this postcode is , 65 BROAD STREET: £438 (Sold on 09 Nov 2012)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,800 £4,110 5
2023£346,056 £3,402 9
2022£358,056 £3,587 9
2021£320,208 £3,340 18
2020£336,818 £3,082 11
2019£290,250 £3,025 10
2018£285,350 £2,871 24
2017£279,762 £2,856 17
2016£278,858 £2,679 18
2015£254,372 £2,425 16
2014£209,282 £2,322 14
2013£225,809 £2,244 11
2012£200,882 £2,201 11
2011£163,500 £2,008 10
2010£207,727 £1,949 11
2009£210,031 £2,021 8
2008£236,250 £2,308 10
2007£188,079 £2,265 12
2006£209,375 £2,407 16
2005£195,800 £2,196 14
2004£200,725 £2,305 18
2003£172,218 £1,746 19
2002£139,355 £1,521 19
2001£124,742 £1,230 18
2000£106,073 £949 13
1999£99,542 £969 18
1998£89,731 £1,068 18
1997£93,646 £913 12
1996£75,800 £1,071 5
1995£72,821 £1,010 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,143 £3,445 14
2023£250,204 £2,949 27
2022£244,170 £3,005 27
2021£250,317 £2,998 45
2020£214,880 £2,651 27
2019£225,257 £2,683 36
2018£201,794 £2,439 42
2017£190,423 £2,470 31
2016£181,256 £2,205 34
2015£168,816 £2,042 34
2014£148,492 £1,957 34
2013£151,193 £1,858 33
2012£145,831 £1,833 24
2011£145,368 £1,680 34
2010£160,683 £1,687 24
2009£142,817 £1,749 32
2008£148,272 £1,807 16
2007£163,748 £1,876 40
2006£152,338 £1,814 43
2005£146,195 £1,846 48
2004£149,751 £1,668 41
2003£125,445 £1,500 49
2002£104,370 £1,282 46
2001£88,175 £1,181 36
2000£79,397 £931 30
1999£68,216 £818 44
1998£61,336 £782 46
1997£65,054 £763 41
1996£54,844 £679 54
1995£50,911 £684 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,000 £2,759 4
2023£227,409 £3,005 11
2022£240,418 £2,996 28
2021£206,499 £2,698 40
2020£191,125 £2,529 24
2019£186,294 £2,480 17
2018£185,593 £2,535 34
2017£183,882 £2,390 44
2016£165,278 £2,148 36
2015£149,631 £2,027 29
2014£147,035 £2,054 26
2013£137,553 £1,747 19
2012£123,647 £1,668 27
2011£125,175 £1,524 18
2010£131,241 £2,002 15
2009£132,075 £1,670 26
2008£145,578 £1,838 14
2007£148,831 £2,004 42
2006£132,554 £1,968 36
2005£121,914 £1,918 25
2004£125,537 £1,903 31
2003£113,060 £1,398 30
2002£84,604 £1,149 34
2001£77,089 £945 28
2000£61,744 £874 25
1999£57,806 £927 26
1998£54,484 £899 22
1997£46,010 £712 29
1996£43,341 £656 25
1995£48,323 £667 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£109,250 £2,558 2
2022£105,143 £2,148 7
2021£138,900 £2,573 5
2020£141,350 £2,601 7
2019£106,667 £2,392 3
2018£138,667 £1,963 3
2017£97,750 £1,954 2
2016£103,812 £1,917 8
2015£85,250 £1,044 4
2014£91,412 £1,844 8
2013£76,125 £1,804 4
2012£77,083 £1,673 3
2011£69,033 £856 3
2010£82,000 £1,477 3
2009£86,625 £1,722 4
2008£86,483 £1,683 3
2007£114,642 £2,097 6
2006£98,093 £1,988 15
2005£90,333 £1,508 6
2004£90,873 £1,977 11
2003£82,193 £1,699 7
2002£62,276 £1,405 21
2001£49,143 £1,303 7
2000£50,454 £1,095 13
1999£43,567 £843 6
1998£40,432 £832 14
1997£35,000 £761 9
1996£29,5002
1995£39,708 £832 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£338,833 £5,610 3
2022£291,0001
2020£1,401,500 £31 2
2019£335,0001
2018£839,008 £2,130 3
2017£7,326,0001
2016£365,0002
2014£66,875 £878 4
2012£4381

House Type in B61 8LU area

The most common house types in the B61 8LU postcode area are Semi-detached (47), Flat (46), and Terraced (28).

Total124
Semi-detached47
Flat46
Terraced28
Detached3
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (41), and Social rented: Rents from council or Local Authority (35).

Social rented: Other social rented41
Social rented: Rents from council or Local Authority35
Owned: Owns outright19
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency9
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B61 8LU have 1 person in household (61), and 2 people in household (34).

1 person in household61
2 people in household34
3 people in household13
4 people in household9
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0