Housing Market Analysis for SOMERSET ROAD, B71 1HA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £165,107 median price is £139,500 Standard Deviation is £51,996 with Total Sold: 23
    • The Last 5 Year average price is £291,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 24 SOMERSET ROAD: £270,000 (Sold on 12 Feb 2021)
    • The first recorded sale happened at this postcode is 4 SOMERSET ROAD: £134,950 (Sold on 08 Mar 2002)
  • Semi-Detached
    • The average price is around £133,300 median price is £114,950 Standard Deviation is £25,951 with Total Sold: 3
    • The most recent sale happened at this postcode is 30 SOMERSET ROAD: £170,000 (Sold on 08 Sep 2017)
    • The first recorded sale happened at this postcode is 30 SOMERSET ROAD: £114,950 (Sold on 01 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1HA 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£270,000 £3,000 1
2020£313,000 £2,506 1
2018£230,000 £2,035 1
2016£223,000 £1,890 1
2014£160,000 £1,778 1
2010£174,750 £1,775 2
2009£179,000 £1,817 1
2006£221,500 £1,744 1
2004£167,000 £1,695 1
2002£129,573 £1,150 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£170,000 £1,683 1
2002£114,950 £1,179 2

All the Sales in the SOMERSET ROAD, B71 1HA

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

AddressSold DatePrice% Change
24 SOMERSET ROADDetached, FreeholdArea: 90 Sq.mtrAge: 1996-200212 Feb 2021£270,00068.75%
03 Jul 2014£160,00044.21%
11 Oct 2002£110,950First Sale
18 SOMERSET ROADDetached, FreeholdArea: 124.9 Sq.mtrAge: 1996-200212 Oct 2020£313,000142.73%
02 Aug 2002£128,950First Sale
14 SOMERSET ROADDetached, FreeholdArea: 113 Sq.mtrAge: 1996-200229 Jan 2018£230,00066.73%
29 May 2002£137,950First Sale
30 SOMERSET ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1967-197508 Sep 2017£170,00047.89%
01 Oct 2002£114,950First Sale
4 SOMERSET ROADDetached, FreeholdArea: 118 Sq.mtrAge: 1996-200225 May 2016£223,00065.25%
08 Mar 2002£134,950First Sale
16 SOMERSET ROADDetached, FreeholdArea: 98.4 Sq.mtrAge: 2003-200622 Dec 2010£174,50035.32%
16 Sep 2002£128,950First Sale
8 SOMERSET ROADDetached, FreeholdArea: 98.54 Sq.mtrAge: 1996-200229 Oct 2010£175,000-2.23%
09 Jan 2009£179,0007.19%
16 Jul 2004£167,00034.73%
26 Apr 2002£123,950First Sale
22 SOMERSET ROADDetached, FreeholdArea: 127 Sq.mtrAge: 1996-200225 Jul 2006£221,50058.78%
20 Sep 2002£139,500First Sale
2 SOMERSET ROADDetached, FreeholdArea: 106 Sq.mtrAge: 1983-199019 Dec 2002£140,950First Sale
28 SOMERSET ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 2003-200616 Oct 2002£114,950First Sale
26 SOMERSET ROADDetached, FreeholdArea: 99 Sq.mtrAge: 2003-200611 Oct 2002£128,500First Sale
20 SOMERSET ROADDetached, FreeholdArea: 122 Sq.mtrAge: 1983-199023 Sep 2002£138,950First Sale
6 SOMERSET ROADDetached, Freehold20 May 2002£134,950First Sale
12 SOMERSET ROADDetached, Freehold03 May 2002£135,950First Sale
10 SOMERSET ROADDetached, FreeholdArea: 83 Sq.mtrAge: 1996-200205 Apr 2002£99,950First Sale

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

SOMERSET ROAD, B71 1HA Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £117,645 median price is £110,000 Standard Deviation is £62,625 with Total Sold: 705
    • The Last 5 Year average price is £194,908 with Total Sold: 131
    • The most recent sale happened at this postcode is , 115 HEATH LANE: £220,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 100 BEXLEY GROVE: £53,800 (Sold on 01 Mar 1995)
  • Terraced
    • The average price is around £99,198 median price is £93,000 Standard Deviation is £50,149 with Total Sold: 629
    • The Last 5 Year average price is £158,919 with Total Sold: 95
    • The most recent sale happened at this postcode is , 23 VOWLES ROAD: £185,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 27 CHARTLEY ROAD: £44,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £96,204 median price is £97,674 Standard Deviation is £32,395 with Total Sold: 200
    • The Last 5 Year average price is £102,318 with Total Sold: 41
    • The most recent sale happened at this postcode is 18, HOBART POINT CHURCHFIELDS WAY: £108,000 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is , 10 OVERTON PLACE: £32,500 (Sold on 29 Jul 1996)
  • Detached
    • The average price is around £158,650 median price is £139,500 Standard Deviation is £72,390 with Total Sold: 175
    • The Last 5 Year average price is £290,500 with Total Sold: 16
    • The most recent sale happened at this postcode is , 8 BANK STREET: £206,500 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is , 35 HEATH LANE: £56,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £429,558 median price is £147,500 Standard Deviation is £517,879 with Total Sold: 10
    • The Last 5 Year average price is £465,571 with Total Sold: 7
    • The most recent sale happened at this postcode is , 10 ASH DRIVE: £5,000 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is , 109 ALL SAINTS WAY: £796,576 (Sold on 14 Sep 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£224,611 £2,550 9
2023£237,208 £2,702 24
2022£196,069 £2,317 29
2021£191,788 £2,146 26
2020£174,080 £2,075 20
2019£159,320 £1,756 23
2018£152,375 £1,804 16
2017£142,726 £1,727 35
2016£148,844 £1,735 16
2015£140,635 £1,432 26
2014£122,453 £1,465 17
2013£101,790 £1,223 20
2012£120,426 £1,289 21
2011£108,094 £1,281 16
2010£117,740 £1,314 20
2009£121,550 £1,349 20
2008£127,838 £1,307 21
2007£133,686 £1,572 40
2006£122,036 £1,503 26
2005£122,057 £1,310 23
2004£105,060 £1,243 29
2003£91,780 £1,066 30
2002£79,069 £934 31
2001£61,776 £777 32
2000£59,861 £639 32
1999£43,074 £494 23
1998£52,529 £581 19
1997£43,969 £503 25
1996£46,284 £532 19
1995£38,262 £439 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,3333
2023£190,000 £2,282 10
2022£173,540 £2,143 22
2021£161,308 £2,025 26
2020£128,712 £1,743 16
2019£144,778 £1,796 18
2018£136,643 £1,598 14
2017£120,216 £1,565 14
2016£113,309 £1,467 16
2015£108,179 £1,326 14
2014£103,306 £1,349 18
2013£95,882 £1,279 17
2012£99,500 £1,257 11
2011£103,136 £1,210 11
2010£104,033 £1,261 15
2009£112,411 £1,318 17
2008£129,495 £1,644 19
2007£141,038 £1,750 58
2006£110,460 £1,479 24
2005£102,218 £1,356 22
2004£90,481 £1,156 34
2003£77,609 £1,055 28
2002£67,606 £818 40
2001£62,413 £814 33
2000£53,324 £681 39
1999£45,227 £546 22
1998£36,706 £488 16
1997£41,950 £530 13
1996£37,676 £483 19
1995£35,388 £475 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£111,900 £1,739 5
2023£125,000 £1,989 3
2022£107,933 £1,976 12
2021£93,000 £1,662 10
2020£100,333 £1,675 3
2019£91,794 £1,632 8
2018£93,286 £1,659 7
2017£92,300 £1,702 5
2016£94,938 £1,717 8
2015£132,500 £1,563 3
2014£102,429 £1,771 7
2013£107,155 £1,923 21
2012£105,041 £1,995 17
2011£106,250 £1,852 12
2010£68,292 £1,090 6
2009£55,000 £1,100 1
2008£69,388 £1,348 4
2007£115,441 £2,103 38
2006£91,679 £1,843 7
2005£65,125 £1,165 4
2004£67,150 £1,184 3
2003£59,950 £1,052 1
2002£36,4752
2001£32,750 £653 2
2000£35,725 £564 2
1999£27,708 £482 3
1998£23,500 £382 2
1996£28,375 £525 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,500 £2,347 1
2023£393,333 £2,754 3
2022£129,500 £2,056 1
2021£275,600 £2,721 5
2020£277,800 £2,337 5
2019£365,000 £2,310 1
2018£247,667 £2,539 3
2017£222,500 £2,753 2
2016£199,438 £1,976 4
2015£180,600 £1,493 5
2014£197,000 £1,882 5
2013£171,667 £1,465 3
2012£149,000 £1,322 1
2011£146,000 £1,796 3
2010£177,362 £1,894 4
2009£150,999 £1,635 9
2008£139,9951
2007£200,040 £2,019 12
2006£186,049 £1,612 10
2005£173,167 £1,512 6
2004£175,750 £1,482 4
2003£171,900 £1,306 6
2002£125,698 £1,172 28
2001£118,385 £1,143 17
2000£110,901 £1,130 21
1999£55,750 £790 2
1998£76,290 £559 5
1997£60,0002
1996£73,460 £709 5
1995£56,000 £497 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£6,500 £69 2
2020£876,000 £7,723 3
2019£309,000 £1,422 2
2018£345,525 £1,459 3

House Type in B71 1HA area

The most common house types in the B71 1HA postcode area are Semi-detached (128), Detached (28), and Terraced (24).

Total182
Semi-detached128
Detached28
Terraced24
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (65), and Social rented: Rents from council or Local Authority (55).

Owned: Owns with a mortgage or loan65
Social rented: Rents from council or Local Authority55
Owned: Owns outright32
Private rented: Private landlord or letting agency24
Private rented: Other private rented2
Lives rent free2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B71 1HA have 2 people in household (44), and 4 people in household (39).

2 people in household44
4 people in household39
1 person in household28
3 people in household28
5 people in household25
6 people in household13
7 people in household2
8 or more people in household2
0 people in household0