Housing Market Analysis for PENNINGTON CLOSE, B70 8BG

Are you looking to understand B70 8BG 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 B70 8BG area, explore the B70 8BG Area information page.
For comprehensive crime statistics in the B70 8BG area, explore the B70 8BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B70 8BG postcode area, The average prices are as follows,

  • Other
    • The average price is around £40,000 median price is £40,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 11, MILLARD INDUSTRIAL ESTATE PENNINGTON CLOSE: £40,000 (Sold on 30 Mar 2015)
    • The first recorded sale happened at this postcode is UNIT 11, MILLARD INDUSTRIAL ESTATE PENNINGTON CLOSE: £40,000 (Sold on 30 Mar 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average B70 8BG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£40,0001

All the Sales in the PENNINGTON CLOSE, B70 8BG

See the table below for more details on the sold house prices in the B70 8BG, Sandwell postcode.

AddressSold DatePrice% Change
UNIT 11, MILLARD INDUSTRIAL ESTATE PENNINGTON CLOSEOther, Freehold30 Mar 2015£40,000First Sale

Check out the sold house prices near the B70 8BG postcode. Properties currently for saleProperties currently for rent

PENNINGTON CLOSE, B70 8BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B70 8BG 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 B70 8BG postcode.

  • Terraced
    • The average price is around £97,099 median price is £95,000 Standard Deviation is £50,938 with Total Sold: 326
    • The Last 5 Year average price is £156,277 with Total Sold: 62
    • The most recent sale happened at this postcode is , 9 BRANDON CLOSE: £255,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 88 MARGARET STREET: £13,800 (Sold on 06 Feb 1995)
  • Semi-Detached
    • The average price is around £104,340 median price is £105,000 Standard Deviation is £51,695 with Total Sold: 251
    • The Last 5 Year average price is £159,013 with Total Sold: 42
    • The most recent sale happened at this postcode is , 196 OAK ROAD: £260,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 149 CLIFFORD ROAD: £15,000 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £764,070 median price is £203,850 Standard Deviation is £1,315,411 with Total Sold: 22
    • The Last 5 Year average price is £1,354,315 with Total Sold: 11
    • The most recent sale happened at this postcode is , 20 GADS LANE: £360,000 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , WEST MIDLANDS FOUNDRY CO LTD BLAKEMORE ROAD: £90,000 (Sold on 31 Mar 2014)
  • Detached
    • The average price is around £151,546 median price is £142,600 Standard Deviation is £81,452 with Total Sold: 49
    • The Last 5 Year average price is £247,150 with Total Sold: 10
    • The most recent sale happened at this postcode is , 4 IRELAND GREEN ROAD: £346,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 167 OAK ROAD: £77,250 (Sold on 03 Jul 1995)
  • Flat
    • The average price is around £52,419 median price is £54,500 Standard Deviation is £15,573 with Total Sold: 27
    • The Last 5 Year average price is £61,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 5 THE COURTYARD: £60,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 3 SUTTON CRESCENT: £19,000 (Sold on 27 Apr 2001)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,7504
2023£155,023 £2,020 11
2022£169,567 £2,291 15
2021£155,500 £2,101 14
2020£141,945 £1,778 10
2019£141,125 £1,805 8
2018£134,497 £1,833 17
2017£134,192 £1,681 18
2016£110,723 £1,425 11
2015£101,083 £1,228 12
2014£103,262 £1,267 8
2013£79,750 £1,528 6
2012£99,977 £1,177 11
2011£91,357 £1,142 7
2010£150,500 £1,414 5
2009£112,111 £1,159 9
2008£90,429 £1,036 7
2007£109,645 £1,528 10
2006£107,720 £1,317 20
2005£96,778 £1,153 9
2004£79,288 £1,013 12
2003£72,883 £750 9
2002£54,788 £628 16
2001£48,071 £490 12
2000£43,556 £486 9
1999£36,118 £467 14
1998£35,692 £392 13
1997£32,875 £415 8
1996£26,693 £318 11
1995£29,275 £333 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0003
2023£190,300 £2,640 5
2022£175,667 £2,255 6
2021£149,155 £1,859 10
2020£138,625 £1,873 12
2019£140,500 £1,913 6
2018£133,850 £1,721 10
2017£144,497 £1,929 20
2016£110,250 £1,477 4
2015£106,429 £1,314 7
2014£114,690 £1,374 5
2013£133,286 £1,250 7
2012£131,667 £1,663 3
2011£101,100 £1,172 5
2010£121,790 £1,432 5
2009£123,167 £1,438 3
2008£99,260 £1,249 5
2007£127,438 £1,485 16
2006£108,672 £1,167 12
2005£106,993 £1,264 15
2004£93,733 £1,151 15
2003£80,000 £998 14
2002£45,744 £554 8
2001£55,499 £680 7
2000£43,307 £483 7
1999£41,850 £502 7
1998£38,278 £340 9
1997£43,790 £611 10
1996£43,617 £505 9
1995£35,867 £429 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,0001
2022£3,540,6673
2021£1,142,6852
2020£162,5002
2019£435,0323
2018£276,8333
2017£182,7001
2016£250,0001
2015£115,9694
2014£92,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£346,0001
2023£205,000 £2,113 1
2022£248,500 £2,663 3
2021£241,250 £2,718 4
2020£210,000 £2,143 1
2018£175,000 £2,303 1
2017£150,0001
2016£200,000 £2,173 1
2015£148,000 £1,213 1
2014£134,700 £1,542 5
2013£121,888 £1,307 4
2011£249,000 £1,733 1
2010£292,500 £2,208 2
2008£117,500 £1,035 1
2007£172,000 £1,458 1
2006£181,500 £1,407 2
2005£220,0001
2003£131,667 £1,378 3
2001£92,750 £719 2
1999£67,850 £671 2
1998£52,500 £474 2
1997£61,000 £667 4
1996£67,625 £603 2
1995£71,083 £574 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£60,000 £1,034 1
2023£80,000 £1,702 1
2022£54,500 £1,069 1
2021£75,000 £1,596 1
2020£39,5001
2018£58,500 £935 2
2017£57,950 £958 1
2016£55,000 £1,085 1
2015£60,000 £1,333 1
2013£22,800 £507 1
2012£53,975 £855 2
2011£56,250 £1,031 2
2007£40,0001
2006£53,050 £807 7
2005£50,250 £985 1
2004£59,000 £1,073 1
2003£33,500 £761 1
2001£19,0001

House Type in B70 8BG area

The most common house types in the B70 8BG postcode area are Terraced (79), Semi-detached (43), and Flat (5).

Total133
Terraced79
Semi-detached43
Flat5
commercial building3
Detached1
converted building1
temporary structure1
Shared house0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Private rented: Private landlord or letting agency (38).

Owned: Owns outright43
Private rented: Private landlord or letting agency38
Owned: Owns with a mortgage or loan34
Social rented: Rents from council or Local Authority13
Private rented: Other private rented7
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B70 8BG have 2 people in household (32), and 1 person in household (25).

2 people in household32
1 person in household25
4 people in household22
3 people in household18
5 people in household13
6 people in household9
8 or more people in household9
7 people in household6
0 people in household0