Housing Market Analysis for SHROPSHIRE WAY, B71 1AL

Are you looking to understand B71 1AL 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 B71 1AL area, explore the B71 1AL Area information page.
For comprehensive crime statistics in the B71 1AL area, explore the B71 1AL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B71 1AL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £112,873 median price is £116,998 Standard Deviation is £9,207 with Total Sold: 4
    • The most recent sale happened at this postcode is APARTMENT 3, MILLERSHIP HOUSE SHROPSHIRE WAY: £119,998 (Sold on 30 Mar 2007)
    • The first recorded sale happened at this postcode is APARTMENT 1, MILLERSHIP HOUSE SHROPSHIRE WAY: £97,500 (Sold on 25 Jan 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1AL 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£112,873 £1,762 4

All the Sales in the SHROPSHIRE WAY, B71 1AL

See the table below for more details on the sold house prices in the B71 1AL, Sandwell postcode.

AddressSold DatePrice% Change
APARTMENT 3, MILLERSHIP HOUSE SHROPSHIRE WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-200630 Mar 2007£119,998First Sale
APARTMENT 4, MILLERSHIP HOUSE SHROPSHIRE WAYFlat, LeaseholdArea: 67.48 Sq.mtrAge: 2007 onwards23 Mar 2007£119,995First Sale
APARTMENT 2, MILLERSHIP HOUSE SHROPSHIRE WAYFlat, LeaseholdArea: 66.06 Sq.mtrAge: 2003-200626 Jan 2007£114,000First Sale
APARTMENT 1, MILLERSHIP HOUSE SHROPSHIRE WAYFlat, LeaseholdArea: 52.64 Sq.mtrAge: 2003-200625 Jan 2007£97,500First Sale

Check out the sold house prices near the B71 1AL postcode. Properties currently for saleProperties currently for rent

SHROPSHIRE WAY, B71 1AL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B71 1AL 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 B71 1AL postcode.

  • Terraced
    • The average price is around £107,323 median price is £103,000 Standard Deviation is £50,497 with Total Sold: 343
    • The Last 5 Year average price is £170,560 with Total Sold: 63
    • The most recent sale happened at this postcode is , 12 KENT CLOSE: £196,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 54 COLES LANE: £52,500 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £103,677 median price is £100,250 Standard Deviation is £52,013 with Total Sold: 852
    • The Last 5 Year average price is £172,677 with Total Sold: 168
    • The most recent sale happened at this postcode is , 4 WINCHESTER ROAD: £180,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 28 LEACROFT GROVE: £52,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £88,272 median price is £87,000 Standard Deviation is £24,695 with Total Sold: 79
    • The Last 5 Year average price is £79,028 with Total Sold: 18
    • The most recent sale happened at this postcode is , 146 WITTON LANE: £65,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 5 HEREFORD PLACE: £37,950 (Sold on 11 Apr 2003)
  • Detached
    • The average price is around £128,917 median price is £128,200 Standard Deviation is £52,504 with Total Sold: 115
    • The Last 5 Year average price is £219,000 with Total Sold: 8
    • The most recent sale happened at this postcode is , 70 EDWIN PHILLIPS DRIVE: £268,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 76 COLES LANE: £48,000 (Sold on 06 Sep 1996)
  • Other
    • The average price is around £56,498 median price is £56,498 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 31 RYDDING LANE: £56,498 (Sold on 11 May 2018)
    • The first recorded sale happened at this postcode is , 31 RYDDING LANE: £56,498 (Sold on 11 May 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£209,357 £2,816 7
2023£221,357 £2,659 7
2022£179,900 £2,351 10
2021£165,893 £2,117 14
2020£137,892 £1,815 13
2019£151,346 £1,976 12
2018£158,654 £1,910 13
2017£125,214 £1,653 14
2016£124,325 £1,637 10
2015£106,192 £1,287 13
2014£139,545 £1,440 10
2013£104,000 £1,508 3
2012£93,166 £1,132 6
2011£96,612 £1,282 13
2010£107,995 £1,246 10
2009£93,500 £1,096 6
2008£125,143 £1,401 7
2007£114,200 £1,512 15
2006£105,602 £1,402 23
2005£97,714 £1,228 14
2004£86,653 £1,169 15
2003£85,705 £1,196 18
2002£78,948 £985 30
2001£65,979 £889 19
2000£45,223 £612 11
1999£36,640 £396 10
1998£37,700 £449 7
1997£28,350 £326 5
1996£44,500 £518 4
1995£41,525 £519 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,467 £2,510 15
2023£198,354 £2,516 25
2022£189,347 £2,302 32
2021£173,841 £2,206 41
2020£140,396 £1,841 24
2019£142,834 £1,800 31
2018£128,793 £1,694 29
2017£131,206 £1,705 24
2016£127,260 £1,545 25
2015£109,617 £1,396 30
2014£103,836 £1,317 22
2013£96,128 £1,193 25
2012£93,964 £1,142 14
2011£101,364 £1,243 22
2010£88,659 £1,163 22
2009£100,119 £1,293 18
2008£127,414 £1,266 22
2007£110,952 £1,429 38
2006£111,377 £1,397 45
2005£103,873 £1,253 37
2004£96,437 £1,222 44
2003£83,335 £966 36
2002£66,343 £862 46
2001£50,293 £683 38
2000£42,852 £594 36
1999£40,495 £540 31
1998£40,373 £549 19
1997£37,064 £465 14
1996£37,321 £503 21
1995£39,808 £422 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,0001
2023£104,000 £1,816 3
2022£90,000 £1,810 3
2021£66,000 £1,403 3
2020£70,750 £1,334 4
2019£73,625 £1,293 4
2018£70,250 £1,555 4
2017£87,000 £1,598 1
2016£91,000 £1,276 1
2015£110,000 £1,837 2
2014£42,000 £1,105 1
2013£31,375 £605 2
2012£52,500 £1,190 1
2011£35,000 £921 1
2010£81,500 £1,162 2
2008£110,000 £1,960 2
2007£110,187 £2,044 24
2006£90,077 £1,806 17
2005£42,000 £1,105 1
2003£39,475 £790 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£234,000 £2,625 2
2022£260,000 £2,610 1
2021£169,000 £2,613 1
2020£175,000 £2,472 2
2019£252,500 £2,971 2
2018£227,000 £2,297 5
2017£168,750 £1,803 2
2016£141,125 £1,758 2
2015£146,367 £1,875 6
2014£145,667 £1,903 3
2013£138,000 £2,156 1
2011£144,000 £1,645 2
2010£120,000 £1,651 3
2009£138,550 £1,419 4
2008£140,500 £1,204 2
2007£152,417 £1,588 6
2006£144,568 £1,763 14
2005£134,667 £1,271 3
2003£131,642 £1,153 6
2002£113,055 £1,105 10
2001£90,148 £1,094 25
2000£78,906 £790 8
1999£45,500 £511 1
1998£36,000 £356 1
1997£52,500 £609 2
1996£48,000 £706 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£56,498 £869 1

House Type in B71 1AL area

The most common house types in the B71 1AL postcode area are Semi-detached (75), Flat (35), and Terraced (10).

Total127
Semi-detached75
Flat35
Terraced10
Detached4
Shared house2
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (39), and Owned: Owns with a mortgage or loan (28).

Social rented: Rents from council or Local Authority39
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency27
Owned: Owns outright20
Social rented: Other social rented9
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B71 1AL have 1 person in household (40), and 2 people in household (40).

1 person in household40
2 people in household40
3 people in household19
4 people in household14
5 people in household8
6 people in household4
7 people in household2
0 people in household0
8 or more people in household0