Housing Market Analysis for MERTON CLOSE, B68 8NG

Are you looking to understand B68 8NG 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 B68 8NG area, explore the B68 8NG Area information page.
For comprehensive crime statistics in the B68 8NG area, explore the B68 8NG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B68 8NG postcode area, The average prices are as follows,

Terraced
- The average price is around £100,479 median price is £112,000 Standard Deviation is £39,584 with Total Sold: 52
- The Last 5 Year average price is £156,500 with Total Sold: 8
- The most recent sale happened at this postcode is 1 MERTON CLOSE: £200,000 (Sold on 26 Jul 2022)
- The first recorded sale happened at this postcode is 46 MERTON CLOSE: £43,000 (Sold on 31 Oct 1995)
Detached
- The average price is around £124,500 median price is £103,000 Standard Deviation is £43,567 with Total Sold: 5
- The most recent sale happened at this postcode is 22A MERTON CLOSE: £190,000 (Sold on 05 Aug 2014)
- The first recorded sale happened at this postcode is 22B MERTON CLOSE: £73,500 (Sold on 15 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B68 8NG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£200,000	£2,247	1
2021	£159,167	£1,661	3
2020	£149,000	£1,568	2
2019	£138,250	£1,432	2
2018	£135,000	£1,517	1
2017	£120,000	£1,412	1
2016	£112,500	£1,172	1
2015	£104,500	£1,268	3
2014	£115,500	£1,280	4
2013	£95,000	£880	2
2012	£108,375	£1,142	4
2008	£142,475		2
2007	£104,667	£1,173	3
2006	£120,000	£1,225	2
2005	£114,317	£1,065	3
2004	£98,500	£1,047	4
2003	£55,000		1
2001	£47,333	£521	3
2000	£44,000	£478	1
1999	£42,062	£516	4
1998	£45,750	£436	1
1997	£38,500	£436	1
1996	£47,000	£541	2
1995	£43,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£190,000	£1,827	1
2005	£160,500	£1,472	1
2002	£103,000	£945	1
2000	£95,500	£918	1
1998	£73,500	£674	1

All the Sales in the MERTON CLOSE, B68 8NG

See the table below for more details on the sold house prices in the B68 8NG, Sandwell postcode.

Address	Sold Date	Price	% Change
1 MERTON CLOSETerraced, LeaseholdArea: 89 Sq.mtrAge: 1967-1975	26 Jul 2022	£200,000	78.57%
	11 Sep 2015	£112,000	First Sale
54 MERTON CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	27 Aug 2021	£148,500	First Sale
4 MERTON CLOSETerraced, LeaseholdArea: 96 Sq.mtrAge: 1950-1966	24 Mar 2021	£164,000	36.67%
	18 Oct 2006	£120,000	First Sale
19 MERTON CLOSETerraced, LeaseholdArea: 108 Sq.mtrAge: 1950-1966	29 Jan 2021	£165,000	73.68%
	05 Dec 2013	£95,000	0.0
	05 Dec 2013	£95,000	-16.67%
	07 Oct 2005	£114,000	0.0
	07 Oct 2005	£114,000	First Sale
16 MERTON CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	14 Feb 2020	£148,000	First Sale
23 MERTON CLOSETerraced, FreeholdArea: 106 Sq.mtrAge: 1967-1975	13 Feb 2020	£150,000	30.49%
	24 Jun 2005	£114,950	First Sale
6 MERTON CLOSETerraced, FreeholdArea: 105 Sq.mtrAge: 1950-1966	22 Nov 2019	£149,000	25.74%
	07 Dec 2012	£118,500	159.02%
	16 Sep 1998	£45,750	First Sale
40 MERTON CLOSETerraced, FreeholdArea: 88.25 Sq.mtrAge: 1950-1966	16 Aug 2019	£127,500	13.84%
	27 Jul 2012	£112,000	21.08%
	12 Mar 2004	£92,500	101.09%
	31 Jan 2001	£46,000	19.48%
	31 Jan 1997	£38,500	First Sale
48 MERTON CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	05 Apr 2018	£135,000	First Sale
56 MERTON CLOSETerraced, LeaseholdArea: 85 Sq.mtrAge: 1967-1975	09 Oct 2017	£120,000	First Sale
26 MERTON CLOSETerraced, FreeholdArea: 96.028 Sq.mtrAge: 1950-1966	19 Aug 2016	£112,500	First Sale
14 MERTON CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	28 Oct 2015	£112,500	23.63%
	20 Aug 2004	£91,000	0.0
	20 Aug 2004	£91,000	First Sale
15 MERTON CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	02 Apr 2015	£89,000	117.07%
	29 Jun 1999	£41,000	First Sale
30 MERTON CLOSETerraced, LeaseholdArea: 87 Sq.mtrAge: 1967-1975	28 Oct 2014	£125,000	First Sale
28 MERTON CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	05 Sep 2014	£101,000	152.50%
	30 Jul 1999	£40,000	First Sale
22A MERTON CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1950-1966	05 Aug 2014	£190,000	98.95%
	28 Apr 2000	£95,500	First Sale
17 MERTON CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1950-1966	02 Jun 2014	£120,000	First Sale
52 MERTON CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	16 May 2014	£116,000	11.54%
	05 Jan 2007	£104,000	136.36%
	11 Feb 2000	£44,000	First Sale
8 MERTON CLOSETerraced, FreeholdArea: 94.06 Sq.mtrAge: 1950-1966	23 Nov 2012	£113,000	First Sale
34 MERTON CLOSETerraced, FreeholdArea: 92.86 Sq.mtrAge: 1967-1975	10 Aug 2012	£90,000	First Sale
27 MERTON CLOSETerraced, Freehold	03 Apr 2008	£154,950	181.73%
27 MERTON CLOSETerraced, Freehold	28 Mar 2003	£55,000	First Sale
38 MERTON CLOSETerraced, Freehold	08 Feb 2008	£130,000	First Sale
46 MERTON CLOSETerraced, Leasehold	05 Sep 2007	£110,000	129.17%
	19 Mar 2001	£48,000	11.63%
	31 Oct 1995	£43,000	First Sale
13 MERTON CLOSETerraced, FreeholdArea: 82.29 Sq.mtrAge: 1967-1975	23 Aug 2007	£100,000	112.77%
	01 Mar 1996	£47,000	First Sale
9 MERTON CLOSETerraced, LeaseholdArea: 100 Sq.mtrAge: 1967-1975	30 Jun 2006	£120,000	First Sale
22B MERTON CLOSEDetached, FreeholdArea: 109 Sq.mtrAge: 1950-1966	02 Dec 2005	£160,500	55.83%
	15 Feb 2002	£103,000	40.14%
	15 May 1998	£73,500	First Sale
36 MERTON CLOSETerraced, Freehold	06 Dec 2004	£119,500	First Sale
11 MERTON CLOSETerraced, LeaseholdArea: 92 Sq.mtrAge: 1967-1975	01 Jun 2001	£48,000	2.13%
	29 Mar 1996	£47,000	First Sale
42 MERTON CLOSETerraced, Leasehold	19 Nov 1999	£44,750	First Sale
5 MERTON CLOSETerraced, Leasehold	30 Sep 1999	£42,500	First Sale

Check out the sold house prices near the B68 8NG postcode. Properties currently for saleProperties currently for rent

MERTON CLOSE, B68 8NG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B68 8NG 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 B68 8NG postcode.

Terraced
- The average price is around £115,772 median price is £111,550 Standard Deviation is £57,434 with Total Sold: 493
- The Last 5 Year average price is £182,832 with Total Sold: 69
- The most recent sale happened at this postcode is , 94 HERON ROAD: £192,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 165 BEECHES ROAD: £30,000 (Sold on 24 May 1995)
Semi-Detached
- The average price is around £127,402 median price is £120,000 Standard Deviation is £65,050 with Total Sold: 933
- The Last 5 Year average price is £213,142 with Total Sold: 167
- The most recent sale happened at this postcode is , 9 SILVERLANDS AVENUE: £180,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 25 KENELM ROAD: £42,500 (Sold on 20 Jan 1995)
Flat
- The average price is around £77,252 median price is £75,000 Standard Deviation is £39,068 with Total Sold: 111
- The Last 5 Year average price is £119,043 with Total Sold: 23
- The most recent sale happened at this postcode is FLAT 31, BRANDHALL COURT WOLVERHAMPTON ROAD: £240,000 (Sold on 02 Apr 2024)
- The first recorded sale happened at this postcode is , 68 ST MATTHEWS ROAD: £18,000 (Sold on 13 Jan 1995)
Detached
- The average price is around £185,244 median price is £174,000 Standard Deviation is £94,223 with Total Sold: 232
- The Last 5 Year average price is £283,866 with Total Sold: 41
- The most recent sale happened at this postcode is , 1 COLMAN CRESCENT: £225,000 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , 6 LEAHOUSE GARDENS: £109,000 (Sold on 25 Aug 1995)
Other
- The average price is around £196,812 median price is £183,500 Standard Deviation is £133,374 with Total Sold: 8
- The Last 5 Year average price is £150,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 27 GEORGE ROAD: £85,000 (Sold on 04 Nov 2022)
- The first recorded sale happened at this postcode is , 47 PARKFIELD ROAD: £145,000 (Sold on 18 Mar 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£196,396		4
2023	£189,460	£2,636	5
2022	£213,176	£2,400	17
2021	£162,400	£1,865	15
2020	£188,769	£2,200	13
2019	£157,900	£1,772	15
2018	£152,412	£1,830	17
2017	£139,641	£1,618	24
2016	£125,479	£1,489	21
2015	£119,618	£1,381	17
2014	£111,636	£1,345	11
2013	£110,000	£1,134	8
2012	£100,273	£1,059	11
2011	£136,105	£1,434	11
2010	£118,278	£1,333	9
2009	£139,077	£1,251	12
2008	£127,621	£1,646	12
2007	£149,633	£1,619	26
2006	£124,486	£1,499	21
2005	£128,530	£1,437	39
2004	£132,791	£1,262	17
2003	£115,328	£1,284	21
2002	£83,546	£937	27
2001	£72,918	£834	19
2000	£51,413	£512	15
1999	£52,567	£612	27
1998	£56,126	£559	19
1997	£46,383	£412	15
1996	£43,282	£508	14
1995	£43,614	£530	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£229,833	£2,397	6
2023	£236,015	£2,956	33
2022	£233,545	£2,922	44
2021	£204,189	£2,511	33
2020	£220,775	£2,281	18
2019	£164,818	£2,029	33
2018	£163,058	£2,211	30
2017	£151,179	£1,891	31
2016	£153,114	£1,750	28
2015	£147,450	£1,785	41
2014	£142,373	£1,711	28
2013	£132,234	£1,634	19
2012	£116,559	£1,562	16
2011	£123,327	£1,512	20
2010	£126,694	£1,488	26
2009	£121,700	£1,350	15
2008	£139,105	£1,741	20
2007	£144,701	£1,655	50
2006	£141,972	£1,689	36
2005	£124,484	£1,639	39
2004	£122,164	£1,326	44
2003	£110,144	£1,306	36
2002	£95,466	£1,106	44
2001	£67,297	£745	45
2000	£66,338	£800	35
1999	£59,261	£614	33
1998	£51,335	£546	29
1997	£52,951	£632	34
1996	£48,554	£613	37
1995	£49,842	£575	30

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,000		1
2023	£117,833	£1,758	3
2022	£120,333	£1,982	6
2021	£122,667	£2,028	6
2020	£124,500	£1,831	2
2019	£87,500	£1,260	5
2018	£81,556	£1,300	9
2017	£100,500	£1,544	2
2016	£96,400	£1,245	5
2015	£65,750	£945	4
2014	£78,833	£1,250	3
2013	£88,333	£1,141	3
2012	£101,000	£1,394	3
2011	£100,000		1
2010	£81,250	£1,377	2
2009	£59,583	£1,114	6
2008	£84,500	£1,502	2
2007	£89,988	£1,549	4
2006	£100,000		1
2005	£99,900	£1,408	5
2004	£84,150	£1,384	3
2003	£66,250	£1,048	2
2002	£52,550	£983	3
2001	£34,800	£611	5
2000	£30,483	£449	3
1999	£37,399	£632	5
1998	£27,500		1
1997	£39,750	£564	4
1996	£40,700	£516	5
1995	£31,279	£460	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,000	£2,744	1
2023	£250,000	£2,408	2
2022	£278,500	£2,966	10
2021	£285,094	£2,768	16
2020	£286,833	£2,862	6
2019	£307,667	£2,657	6
2018	£207,725	£2,441	4
2017	£202,106	£2,278	9
2016	£219,222	£2,072	9
2015	£232,830	£2,373	10
2014	£192,525	£1,886	14
2013	£180,493	£1,671	8
2012	£154,625	£1,824	4
2011	£115,000	£1,516	1
2010	£264,203	£1,529	6
2009	£143,000	£2,097	2
2008	£166,488	£1,764	4
2007	£226,667	£1,875	3
2006	£243,929	£1,853	12
2005	£181,221	£2,052	16
2004	£173,722	£1,163	9
2003	£161,706	£1,422	9
2002	£145,071	£1,305	24
2001	£81,400	£902	5
2000	£80,500	£743	5
1999	£110,786	£936	7
1998	£87,350	£735	7
1997	£83,786	£738	7
1996	£67,500	£1,472	6
1995	£78,175	£1,039	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£85,000		1
2021	£280,000	£3,468	1
2020	£222,000	£2,846	1
2019	£15,000	£153	1
2017	£480,000		1
2016	£122,500		1
2014	£185,000	£2,312	2

House Type in B68 8NG area

The most common house types in the B68 8NG postcode area are Terraced (62), Semi-detached (38), and Flat (23).

Total	143
Terraced	62
Semi-detached	38
Flat	23
Detached	11
commercial building	7
Shared house	2
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	24
Social rented: Rents from council or Local Authority	8
Social rented: Other social rented	4
Private rented: Other private 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 B68 8NG have 1 person in household (60), and 2 people in household (33).

1 person in household	60
2 people in household	33
4 people in household	23
3 people in household	19
6 people in household	5
5 people in household	3
8 or more people in household	2
0 people in household	0
7 people in household	0