Housing Market Analysis for RICHARDS CLOSE, B65 0PZ

Are you looking to understand B65 0PZ 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 Sandwell postcode.

For the location information and nearby amenities in the B65 0PZ area, explore the B65 0PZ Area information page.
For comprehensive crime statistics in the B65 0PZ area, explore the B65 0PZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B65 0PZ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £114,188 median price is £109,000 Standard Deviation is £56,325 with Total Sold: 28
- The Last 5 Year average price is £201,333 with Total Sold: 6
- The most recent sale happened at this postcode is 36 RICHARDS CLOSE: £246,000 (Sold on 01 Sep 2023)
- The first recorded sale happened at this postcode is 5 RICHARDS CLOSE: £210,000 (Sold on 06 Mar 2024)
Terraced
- The average price is around £145,500 median price is £119,500 Standard Deviation is £69,037 with Total Sold: 3
- The Last 5 Year average price is £240,000 with Total Sold: 1
- The most recent sale happened at this postcode is 44 RICHARDS CLOSE: £240,000 (Sold on 05 May 2022)
- The first recorded sale happened at this postcode is 39 RICHARDS CLOSE: £77,000 (Sold on 27 Aug 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average B65 0PZ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£246,000	£2,795	1
2022	£205,667	£2,345	3
2020	£135,000	£1,588	1
2018	£142,000	£1,543	1
2017	£140,000	£1,414	1
2016	£107,000	£1,176	1
2015	£117,000	£1,253	2
2014	£123,500	£1,314	1
2009	£103,500	£1,109	2
2008	£95,000	£1,000	1
2007	£119,950	£1,276	1
2006	£115,500	£1,227	2
2003	£91,900	£934	2
2002	£66,500	£697	2
2001	£52,000	£606	2
1997	£47,500	£505	1
1995	£40,500		3
2024	£210,000	£2,211	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£240,000	£2,857	1
2005	£119,500	£1,423	1
2003	£77,000	£653	1

All the Sales in the RICHARDS CLOSE, B65 0PZ

See the table below for more details on the sold house prices in the B65 0PZ, Sandwell postcode.

Address	Sold Date	Price	% Change
36 RICHARDS CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	01 Sep 2023	£246,000	First Sale
27 RICHARDS CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	30 Sep 2022	£202,000	First Sale
49 RICHARDS CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	17 Jun 2022	£215,000	81.43%
	06 Oct 2006	£118,500	62.33%
	01 May 2002	£73,000	First Sale
44 RICHARDS CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	05 May 2022	£240,000	100.84%
	20 May 2005	£119,500	First Sale
10 RICHARDS CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	07 Jan 2022	£200,000	First Sale
14 RICHARDS CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	08 Jul 2020	£135,000	First Sale
50 RICHARDS CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	03 Aug 2018	£142,000	39.22%
	20 Nov 2009	£102,000	First Sale
24 RICHARDS CLOSESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-1966	21 Nov 2017	£140,000	133.33%
	28 Sep 2001	£60,000	First Sale
47 RICHARDS CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1967-1975	22 Nov 2016	£107,000	First Sale
5 RICHARDS CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	30 Nov 2015	£111,000	16.84%
	28 Nov 2008	£95,000	-54.76%
	06 Mar 2024	£210,000	First Sale
17 RICHARDS CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	27 Feb 2015	£123,000	2.54%
	30 Mar 2007	£119,950	99.92%
	04 Mar 2002	£60,000	First Sale
38 RICHARDS CLOSESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	02 Apr 2014	£123,500	40.66%
	29 Oct 2003	£87,800	84.84%
	03 Dec 1997	£47,500	First Sale
48 RICHARDS CLOSESemi-Detached, Freehold	09 Oct 2009	£105,000	First Sale
6 RICHARDS CLOSESemi-Detached, Freehold	28 Jul 2006	£112,500	188.46%
6 RICHARDS CLOSESemi-Detached, Freehold	26 May 1995	£39,000	First Sale
39 RICHARDS CLOSETerraced, FreeholdArea: 118 Sq.mtrAge: 1950-1966	27 Aug 2003	£77,000	First Sale
21 RICHARDS CLOSESemi-Detached, Freehold	04 Jul 2003	£96,000	First Sale
7 RICHARDS CLOSESemi-Detached, Freehold	06 Jul 2001	£44,000	First Sale
26 RICHARDS CLOSESemi-Detached, Freehold	26 May 1995	£38,000	First Sale
40 RICHARDS CLOSESemi-Detached, Freehold	07 Apr 1995	£44,500	First Sale

Check out the sold house prices near the B65 0PZ postcode. Properties currently for saleProperties currently for rent

RICHARDS CLOSE, B65 0PZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B65 0PZ 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 B65 0PZ postcode.

Semi-Detached
- The average price is around £112,592 median price is £110,000 Standard Deviation is £56,728 with Total Sold: 924
- The Last 5 Year average price is £192,284 with Total Sold: 137
- The most recent sale happened at this postcode is , 58 QUEENS DRIVE: £207,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 6 WITLEY CRESCENT: £49,700 (Sold on 10 Jan 1995)
Terraced
- The average price is around £94,288 median price is £87,500 Standard Deviation is £51,232 with Total Sold: 503
- The Last 5 Year average price is £166,329 with Total Sold: 77
- The most recent sale happened at this postcode is , 8 CHICHESTER DRIVE: £192,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 292 THRONE ROAD: £55,000 (Sold on 28 Feb 1995)
Flat
- The average price is around £74,387 median price is £71,000 Standard Deviation is £34,980 with Total Sold: 414
- The Last 5 Year average price is £101,396 with Total Sold: 57
- The most recent sale happened at this postcode is , 434 BIRCHFIELD LANE: £85,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 101 DURHAM ROAD: £37,000 (Sold on 03 Mar 1995)
Other
- The average price is around £726,478 median price is £282,500 Standard Deviation is £1,381,795 with Total Sold: 20
- The Last 5 Year average price is £373,000 with Total Sold: 8
- The most recent sale happened at this postcode is , 5 CLEMENTS CLOSE: £150,000 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is , 975 WOLVERHAMPTON ROAD: £1,550,000 (Sold on 26 Mar 2015)
Detached
- The average price is around £154,783 median price is £155,000 Standard Deviation is £61,255 with Total Sold: 202
- The Last 5 Year average price is £221,667 with Total Sold: 18
- The most recent sale happened at this postcode is , 258 THRONE ROAD: £203,500 (Sold on 20 Oct 2023)
- The first recorded sale happened at this postcode is , 304 BIRCHFIELD LANE: £54,000 (Sold on 19 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£202,179	£2,751	14
2023	£215,318	£2,460	22
2022	£211,625	£2,508	32
2021	£180,733	£2,303	47
2020	£159,500	£1,969	22
2019	£170,395	£2,247	19
2018	£150,090	£1,880	25
2017	£150,681	£1,997	57
2016	£146,324	£1,782	48
2015	£122,173	£1,543	31
2014	£117,515	£1,463	26
2013	£113,191	£1,441	28
2012	£122,433	£1,467	15
2011	£122,308	£1,364	13
2010	£112,303	£1,495	17
2009	£102,265	£1,183	17
2008	£114,106	£1,318	18
2007	£125,228	£1,581	44
2006	£121,448	£1,360	42
2005	£122,177	£1,390	33
2004	£107,690	£1,311	36
2003	£83,562	£1,159	53
2002	£64,841	£808	48
2001	£55,031	£673	45
2000	£53,974	£671	27
1999	£40,430	£490	28
1998	£45,509	£600	29
1997	£43,496	£559	28
1996	£36,409	£516	28
1995	£39,558	£537	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£176,400	£2,262	5
2023	£187,135	£2,303	20
2022	£183,556	£2,287	18
2021	£164,664	£2,102	16
2020	£124,667	£1,783	18
2019	£129,737	£1,823	23
2018	£122,433	£1,719	15
2017	£120,458	£1,632	19
2016	£126,877	£1,640	30
2015	£90,281	£1,436	13
2014	£89,532	£1,440	14
2013	£81,231	£1,058	13
2012	£95,750	£1,360	6
2011	£89,000	£1,213	7
2010	£90,562	£1,171	8
2009	£82,000	£978	3
2008	£100,939	£1,307	16
2007	£110,503	£1,394	16
2006	£106,723	£1,445	22
2005	£103,186	£1,537	21
2004	£90,974	£1,349	25
2003	£66,811	£1,116	27
2002	£50,565	£783	24
2001	£44,676	£606	19
2000	£40,454	£612	27
1999	£36,331	£574	22
1998	£37,713	£596	15
1997	£36,600	£527	9
1996	£37,572	£626	16
1995	£39,162	£457	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,750	£2,288	4
2023	£115,308	£1,948	13
2022	£102,290	£1,791	21
2021	£85,500	£1,549	11
2020	£87,125	£1,551	8
2019	£81,277	£1,692	9
2018	£88,250	£1,433	6
2017	£70,000	£1,561	9
2016	£68,611	£1,343	9
2015	£65,400	£1,274	5
2014	£53,333	£1,220	3
2013	£61,800	£1,007	5
2012	£56,583	£1,145	6
2011	£59,675	£1,088	10
2010	£56,400	£1,059	5
2009	£46,000	£683	1
2008	£90,303	£1,553	17
2007	£83,455	£1,630	19
2006	£103,236	£1,720	47
2005	£101,698	£1,885	73
2004	£63,760	£1,339	14
2003	£54,671	£1,195	21
2002	£36,297	£800	16
2001	£30,984	£668	22
2000	£28,849	£752	9
1999	£28,625	£555	10
1998	£30,577	£669	11
1997	£29,776	£633	10
1996	£27,500	£584	11
1995	£29,500	£615	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£83,000	£2,143	2
2022	£138,000	£2,509	1
2021	£650,000		2
2020	£460,000		3
2019	£6,300,000		1
2018	£177,912	£945	5
2017	£871,333	£1,494	3
2016	£110,000		1
2015	£816,000		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£188,500	£2,715	3
2022	£255,333	£3,081	6
2021	£201,667	£2,228	3
2020	£214,583	£2,432	6
2019	£241,857	£2,332	7
2018	£233,700	£2,343	5
2017	£200,053	£2,104	18
2016	£180,450	£1,988	10
2015	£148,429	£1,571	7
2014	£152,882	£1,657	9
2013	£166,333	£1,878	3
2012	£154,988	£1,815	4
2011	£147,938	£1,733	4
2010	£137,600	£1,473	5
2009	£108,500	£1,308	2
2008	£135,917	£733	3
2007	£182,988	£1,745	8
2006	£158,445	£1,898	10
2005	£166,045	£1,252	21
2004	£160,391	£1,400	23
2003	£193,250	£1,252	2
2002	£97,242	£1,042	6
2001	£81,275	£996	8
2000	£74,143	£748	7
1999	£62,500		3
1998	£60,975	£674	2
1997	£57,166	£594	3
1996	£55,028	£750	9
1995	£46,250	£449	5

House Type in B65 0PZ area

The most common house types in the B65 0PZ postcode area are Semi-detached (59), Flat (29), and Terraced (25).

Total	121
Semi-detached	59
Flat	29
Terraced	25
Detached	8
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 outright (33), and Social rented: Rents from council or Local Authority (32).

Owned: Owns outright	33
Social rented: Rents from council or Local Authority	32
Owned: Owns with a mortgage or loan	30
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	8
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B65 0PZ have 1 person in household (47), and 2 people in household (31).

1 person in household	47
2 people in household	31
4 people in household	18
3 people in household	15
5 people in household	9
7 people in household	2
0 people in household	0
6 people in household	0
8 or more people in household	0