Housing Market Analysis for LAW STREET, B71 1DY

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

Overview of Sold House prices

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

Terraced
- The average price is around £87,595 median price is £79,950 Standard Deviation is £47,396 with Total Sold: 19
- The Last 5 Year average price is £155,025 with Total Sold: 4
- The most recent sale happened at this postcode is 7 LAW STREET: £185,000 (Sold on 31 Jan 2022)
- The first recorded sale happened at this postcode is 19 LAW STREET: £162,000 (Sold on 03 Apr 2024)
Semi-Detached
- The average price is around £47,112 median price is £39,975 Standard Deviation is £18,904 with Total Sold: 4
- The most recent sale happened at this postcode is 8 LAW STREET: £78,500 (Sold on 30 Sep 2005)
- The first recorded sale happened at this postcode is 22 LAW STREET: £35,000 (Sold on 15 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1DY 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	£185,000	£1,927	1
2019	£142,500	£1,781	1
2018	£135,000	£1,588	1
2017	£113,500	£1,437	1
2016	£113,000	£1,270	1
2013	£87,500	£1,094	1
2012	£70,000	£933	1
2011	£110,000	£1,146	1
2004	£75,625	£1,019	2
2002	£43,317	£544	3
2001	£40,250	£481	2
1999	£27,500		1
1995	£26,000	£356	1
2023	£130,600		1
2024	£162,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£78,500	£1,047	1
2002	£30,000		1
2001	£44,950		1
1995	£35,000	£455	1

All the Sales in the LAW STREET, B71 1DY

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

Address	Sold Date	Price	% Change
7 LAW STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	31 Jan 2022	£185,000	First Sale
20 LAW STREETTerraced, FreeholdArea: 80 Sq.mtrAge: 1930-1949	28 Nov 2019	£142,500	62.86%
	07 Feb 2013	£87,500	113.41%
	30 Mar 2001	£41,000	First Sale
15 LAW STREETTerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	18 Jun 2018	£135,000	First Sale
2 LAW STREETTerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	26 Aug 2017	£113,500	First Sale
23 LAW STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	19 Dec 2016	£113,000	First Sale
8 LAW STREETTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	30 Nov 2012	£70,000	-10.83%
8 LAW STREETTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	30 Sep 2005	£78,500	First Sale
19 LAW STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	20 Jul 2011	£110,000	-32.10%
	03 Apr 2024	£162,000	First Sale
9 LAW STREETTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	12 Mar 2004	£79,950	128.43%
9 LAW STREETTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	17 May 2002	£35,000	First Sale
18 LAW STREETTerraced, FreeholdArea: 62 Sq.mtrAge: 1900-1929	13 Feb 2004	£71,300	First Sale
1 LAW STREETSemi-Detached, Freehold	20 Dec 2002	£30,000	First Sale
4 LAW STREETTerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	05 Jul 2002	£57,950	First Sale
16 LAW STREETTerraced, Freehold	18 Feb 2002	£37,000	First Sale
6 LAW STREETTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	23 Nov 2001	£39,500	51.92%
6 LAW STREETTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	29 Sep 1995	£26,000	First Sale
14 LAW STREETSemi-Detached, Freehold	28 Sep 2001	£44,950	First Sale
12 LAW STREETTerraced, Freehold	28 May 1999	£27,500	First Sale
22 LAW STREETSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1900-1929	15 Dec 1995	£35,000	First Sale
5 LAW STREETTerraced, Freehold	14 Apr 2023	£130,600	First Sale

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

LAW STREET, B71 1DY Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £108,782 median price is £106,750 Standard Deviation is £59,513 with Total Sold: 740
- The Last 5 Year average price is £192,968 with Total Sold: 136
- The most recent sale happened at this postcode is , 19 SHERIDAN STREET: £160,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 44 LILY STREET: £49,950 (Sold on 20 Jan 1995)
Flat
- The average price is around £71,560 median price is £74,873 Standard Deviation is £32,189 with Total Sold: 336
- The Last 5 Year average price is £82,926 with Total Sold: 62
- The most recent sale happened at this postcode is , 99 CREED WAY: £66,000 (Sold on 15 May 2024)
- The first recorded sale happened at this postcode is , 9 ST GEORGES PLACE: £18,000 (Sold on 01 Jun 1995)
Terraced
- The average price is around £93,965 median price is £90,000 Standard Deviation is £53,137 with Total Sold: 431
- The Last 5 Year average price is £161,555 with Total Sold: 66
- The most recent sale happened at this postcode is , 19 LAW STREET: £162,000 (Sold on 03 Apr 2024)
- The first recorded sale happened at this postcode is , 64 STONEY LANE: £19,360 (Sold on 16 Jan 1995)
Detached
- The average price is around £163,647 median price is £159,750 Standard Deviation is £89,620 with Total Sold: 82
- The Last 5 Year average price is £282,081 with Total Sold: 18
- The most recent sale happened at this postcode is , 9 ALBION FIELD DRIVE: £249,000 (Sold on 24 Jul 2023)
- The first recorded sale happened at this postcode is , 57 TEMPLE STREET: £65,500 (Sold on 18 Jan 1995)
Other
- The average price is around £719,698 median price is £265,000 Standard Deviation is £1,534,575 with Total Sold: 47
- The Last 5 Year average price is £870,111 with Total Sold: 23
- The most recent sale happened at this postcode is , 15 ALBION FIELD DRIVE: £240,000 (Sold on 12 Jul 2023)
- The first recorded sale happened at this postcode is , 8 - 10 CARTERS GREEN: £125,000 (Sold on 01 Apr 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,500		4
2023	£220,413	£2,476	23
2022	£218,453	£2,575	32
2021	£199,057	£2,256	44
2020	£147,885	£1,877	13
2019	£133,031	£1,619	20
2018	£155,802	£1,754	23
2017	£128,395	£1,535	19
2016	£131,267	£1,580	15
2015	£127,861	£1,474	18
2014	£113,514	£1,461	22
2013	£106,947	£1,301	15
2012	£112,700	£1,342	10
2011	£112,505	£1,232	25
2010	£114,694	£1,426	20
2009	£115,912	£1,398	12
2008	£122,523	£1,259	22
2007	£119,910	£1,362	29
2006	£118,681	£1,554	35
2005	£111,622	£1,253	36
2004	£103,007	£1,267	37
2003	£85,897	£1,072	32
2002	£63,713	£759	30
2001	£58,500	£672	28
2000	£49,140	£601	35
1999	£46,405	£706	28
1998	£43,654	£526	34
1997	£42,367	£532	30
1996	£41,483	£494	23
1995	£40,488	£424	26

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£62,333	£1,447	3
2023	£101,079	£1,734	19
2022	£78,569	£1,506	13
2021	£79,036	£1,567	14
2020	£68,999	£1,308	4
2019	£70,000	£1,274	9
2018	£75,588	£1,563	17
2017	£62,750	£1,276	8
2016	£56,889	£1,178	9
2015	£47,931	£1,092	8
2014	£53,736	£1,084	11
2013	£40,000	£965	4
2012	£55,068	£1,465	2
2011	£48,000	£985	6
2010	£79,622	£1,629	30
2009	£73,011	£1,262	11
2008	£93,357	£1,781	30
2007	£102,561	£1,957	35
2006	£84,611	£1,861	27
2005	£86,875	£1,695	16
2004	£48,385	£1,065	10
2003	£37,145	£1,021	20
2002	£26,600	£499	5
2001	£35,000	£726	1
2000	£18,667	£352	6
1999	£18,839	£354	5
1998	£19,417	£361	3
1997	£14,250	£272	5
1996	£18,125	£198	2
1995	£15,900	£282	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,667	£2,195	3
2023	£167,717	£1,978	12
2022	£180,754	£2,159	12
2021	£142,429	£1,628	7
2020	£157,150	£1,847	10
2019	£160,020	£1,700	22
2018	£125,233	£1,407	15
2017	£114,412	£1,304	16
2016	£107,421	£1,309	14
2015	£120,318	£1,278	11
2014	£130,362	£1,371	8
2013	£97,786	£1,046	7
2012	£90,000	£1,061	5
2011	£92,250	£1,092	4
2010	£115,071	£1,255	7
2009	£116,698	£1,063	17
2008	£111,558	£977	16
2007	£128,399	£1,351	25
2006	£101,659	£1,145	11
2005	£103,795	£1,263	22
2004	£94,702	£1,063	23
2003	£74,842	£868	19
2002	£52,627	£714	24
2001	£42,311	£502	28
2000	£41,344	£570	9
1999	£39,892	£564	26
1998	£43,592	£428	16
1997	£34,790	£399	10
1996	£32,298	£363	20
1995	£34,905	£439	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£312,000	£3,563	2
2022	£235,000	£3,133	1
2021	£266,000	£2,920	7
2020	£323,990	£2,609	5
2019	£245,500	£3,004	3
2018	£121,333	£2,040	3
2017	£175,590	£2,496	5
2016	£232,614	£2,281	2
2015	£189,400	£2,510	5
2014	£162,475	£2,624	2
2013	£155,000	£2,138	3
2012	£155,750	£2,817	2
2011	£95,000		1
2009	£155,000	£2,500	1
2008	£160,000		1
2007	£162,500	£1,051	4
2006	£155,713	£987	5
2005	£178,750		2
2004	£171,000	£2,116	2
2003	£114,000	£680	2
2002	£99,900	£991	5
2001	£120,000		2
2000	£53,000		1
1999	£60,167	£598	3
1998	£92,500		2
1997	£63,988	£1,069	4
1996	£51,112	£374	4
1995	£67,167	£407	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£210,000	£4,211	2
2022	£1,759,852	£408	6
2021	£313,000		5
2020	£794,687		5
2019	£699,000		5
2018	£217,857	£4,583	7
2017	£1,134,982		7
2016	£510,000		5
2015	£358,674	£4,833	5

House Type in B71 1DY area

The most common house types in the B71 1DY postcode area are Terraced (79), Semi-detached (33), and Detached (6).

Total	123
Terraced	79
Semi-detached	33
Detached	6
Flat	4
Shared house	1
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 with a mortgage or loan (40), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan	40
Owned: Owns outright	38
Private rented: Private landlord or letting agency	36
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B71 1DY have 2 people in household (30), and 4 people in household (28).

2 people in household	30
4 people in household	28
1 person in household	26
3 people in household	22
5 people in household	10
7 people in household	3
6 people in household	2
8 or more people in household	2
0 people in household	0