Housing Market Analysis for BANK STREET, B71 1HF

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

Overview of Sold House prices

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

Detached
- The average price is around £165,046 median price is £166,000 Standard Deviation is £51,594 with Total Sold: 17
- The Last 5 Year average price is £243,167 with Total Sold: 3
- 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 37 BANK STREET: £115,950 (Sold on 27 Oct 2000)
Terraced
- The average price is around £119,652 median price is £120,000 Standard Deviation is £62,867 with Total Sold: 13
- The Last 5 Year average price is £120,000 with Total Sold: 1
- The most recent sale happened at this postcode is 28 BANK STREET: £120,000 (Sold on 10 Mar 2021)
- The first recorded sale happened at this postcode is 30 BANK STREET: £27,000 (Sold on 29 Feb 1996)
Semi-Detached
- The average price is around £96,049 median price is £110,000 Standard Deviation is £42,301 with Total Sold: 9
- The most recent sale happened at this postcode is 38 BANK STREET: £85,000 (Sold on 01 Nov 2013)
- The first recorded sale happened at this postcode is 32 BANK STREET: £36,950 (Sold on 23 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1HF 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,500	£2,347	1
2023	£300,000	£3,333	1
2021	£223,000	£2,478	1
2016	£166,000	£2,021	1
2009	£159,995		1
2007	£189,748	£2,293	4
2006	£163,995	£1,547	2
2002	£122,250	£1,367	2
2001	£96,950		1
2000	£107,283	£999	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£120,000	£1,839	1
2016	£147,750	£1,660	2
2012	£152,000	£1,537	1
2007	£187,996	£1,945	4
2005	£69,000	£896	1
2004	£55,000	£873	1
2003	£52,995		1
2001	£32,000		1
1996	£27,000	£351	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£85,000	£1,441	1
2012	£124,000	£1,599	1
2011	£110,000	£1,680	1
2008	£55,000	£932	1
2006	£139,830	£2,109	3
2001	£34,000	£531	1
1997	£36,950		1

All the Sales in the BANK STREET, B71 1HF

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

Address	Sold Date	Price	% Change
8 BANK STREETDetached, FreeholdArea: 88 Sq.mtrAge: 2003-2006	31 Jan 2024	£206,500	3.25%
	29 Jun 2007	£200,000	First Sale
41 BANK STREETDetached, FreeholdArea: 90 Sq.mtrAge: 2007 onwards	31 May 2023	£300,000	34.53%
	11 Jun 2021	£223,000	81.30%
	25 Oct 2002	£123,000	36.74%
	23 Nov 2000	£89,950	First Sale
28 BANK STREETTerraced, FreeholdArea: 65.26 Sq.mtrAge: 1900-1929	10 Mar 2021	£120,000	118.18%
	11 Aug 2004	£55,000	First Sale
6 BANK STREETTerraced, FreeholdArea: 98.9 Sq.mtrAge: 2003-2006	08 Jul 2016	£180,000	18.42%
	02 Mar 2012	£152,000	-25.12%
	27 Apr 2007	£202,995	First Sale
14 BANK STREETDetached, FreeholdArea: 82.14 Sq.mtrAge: 2007 onwards	24 May 2016	£166,000	-12.63%
	12 Jul 2007	£189,995	First Sale
30 BANK STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	17 Mar 2016	£115,500	67.39%
	18 May 2005	£69,000	155.56%
	29 Feb 1996	£27,000	First Sale
38 BANK STREETSemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1930-1949	01 Nov 2013	£85,000	54.55%
	09 Apr 2008	£55,000	First Sale
24 BANK STREETSemi-Detached, FreeholdArea: 77.53 Sq.mtrAge: 2003-2006	14 Sep 2012	£124,000	-15.07%
	21 Dec 2006	£145,995	First Sale
40 BANK STREETSemi-Detached, FreeholdArea: 65.46 Sq.mtrAge: 2003-2006	26 Aug 2011	£110,000	-24.65%
	21 Dec 2006	£145,995	First Sale
22 BANK STREETDetached, Freehold	20 Nov 2009	£159,995	First Sale
16 BANK STREETTerraced, Freehold	29 Jun 2007	£173,995	First Sale
10 BANK STREETTerraced, FreeholdArea: 98 Sq.mtrAge: 2003-2006	29 Jun 2007	£180,000	First Sale
39 BANK STREETDetached, Freehold	06 Jun 2007	£179,000	47.33%
	26 Jul 2002	£121,500	25.32%
	05 Jan 2001	£96,950	First Sale
18 BANK STREETTerraced, Freehold	25 May 2007	£194,995	First Sale
12 BANK STREETDetached, Freehold	23 May 2007	£189,995	First Sale
26 BANK STREETDetached, Freehold	22 Dec 2006	£147,995	First Sale
42 BANK STREETSemi-Detached, FreeholdArea: 57.58 Sq.mtrAge: 2003-2006	21 Dec 2006	£127,500	First Sale
20 BANK STREETDetached, FreeholdArea: 116.38 Sq.mtrAge: 2007 onwards	20 Dec 2006	£179,995	First Sale
36 BANK STREETTerraced, Freehold	21 Oct 2003	£52,995	65.61%
36 BANK STREETTerraced, Freehold	07 Dec 2001	£32,000	First Sale
34 BANK STREETSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1900-1929	25 May 2001	£34,000	First Sale
43 BANK STREETDetached, Freehold	24 Nov 2000	£115,950	First Sale
37 BANK STREETDetached, Freehold	27 Oct 2000	£115,950	First Sale
32 BANK STREETSemi-Detached, Freehold	23 May 1997	£36,950	First Sale

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

BANK STREET, B71 1HF Near By properties

Interactive Map

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

Terraced
- The average price is around £100,366 median price is £97,000 Standard Deviation is £49,046 with Total Sold: 741
- The Last 5 Year average price is £156,278 with Total Sold: 116
- 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 , 27 CHARTLEY ROAD: £44,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £115,246 median price is £109,000 Standard Deviation is £61,247 with Total Sold: 679
- The Last 5 Year average price is £191,804 with Total Sold: 125
- 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 , 44 LILY STREET: £49,950 (Sold on 20 Jan 1995)
Flat
- The average price is around £84,963 median price is £87,000 Standard Deviation is £34,708 with Total Sold: 289
- The Last 5 Year average price is £91,737 with Total Sold: 53
- 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 , 2 CHURCH VALE MEWS: £40,000 (Sold on 12 Apr 1996)
Detached
- The average price is around £149,469 median price is £137,950 Standard Deviation is £62,741 with Total Sold: 175
- The Last 5 Year average price is £256,644 with Total Sold: 17
- 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 £545,561 median price is £130,000 Standard Deviation is £806,907 with Total Sold: 15
- The Last 5 Year average price is £484,000 with Total Sold: 9
- 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 , LYNDON HALL CARE HOME, 34 ALL SAINTS WAY: £554,368 (Sold on 30 Sep 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£187,700	£2,816	5
2023	£186,250	£2,290	12
2022	£162,761	£2,040	30
2021	£161,404	£2,007	26
2020	£127,494	£1,798	18
2019	£143,220	£1,776	25
2018	£137,029	£1,647	17
2017	£121,738	£1,489	19
2016	£118,911	£1,510	23
2015	£103,605	£1,263	19
2014	£103,214	£1,324	21
2013	£94,950	£1,240	20
2012	£98,607	£1,240	14
2011	£101,393	£1,175	14
2010	£98,529	£1,200	17
2009	£107,999	£1,263	19
2008	£129,653	£1,621	19
2007	£138,706	£1,729	62
2006	£112,265	£1,498	33
2005	£117,125	£1,524	42
2004	£92,042	£1,175	33
2003	£75,956	£1,055	33
2002	£66,755	£796	44
2001	£60,533	£798	34
2000	£54,446	£704	40
1999	£43,096	£511	25
1998	£36,860	£484	19
1997	£38,632	£479	14
1996	£35,891	£430	22
1995	£35,966	£482	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£219,833	£2,550	9
2023	£241,909	£2,533	22
2022	£195,966	£2,307	29
2021	£176,340	£2,039	25
2020	£181,271	£2,056	17
2019	£152,254	£1,674	23
2018	£148,406	£1,703	16
2017	£138,074	£1,628	34
2016	£164,895	£2,002	20
2015	£134,114	£1,389	22
2014	£126,835	£1,511	17
2013	£92,853	£1,079	15
2012	£116,942	£1,200	18
2011	£102,763	£1,203	19
2010	£110,076	£1,167	17
2009	£120,766	£1,341	15
2008	£125,532	£1,273	19
2007	£122,936	£1,427	39
2006	£122,785	£1,462	35
2005	£125,468	£1,402	23
2004	£104,529	£1,218	28
2003	£79,916	£923	28
2002	£76,192	£914	32
2001	£63,373	£767	34
2000	£56,718	£659	28
1999	£38,226	£365	20
1998	£46,535	£524	14
1997	£41,983	£502	24
1996	£45,570	£523	20
1995	£36,850	£387	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,250	£1,647	6
2023	£93,571	£1,725	7
2022	£94,800	£1,814	14
2021	£91,636	£1,640	11
2020	£94,500	£1,613	4
2019	£81,123	£1,556	11
2018	£86,222	£1,575	9
2017	£87,214	£1,754	7
2016	£83,286	£1,598	14
2015	£89,700	£1,182	5
2014	£84,960	£1,668	10
2013	£100,552	£1,859	24
2012	£100,108	£1,916	20
2011	£102,385	£1,803	13
2010	£68,292	£1,090	6
2009	£55,000	£1,100	1
2008	£73,943	£1,525	8
2007	£112,543	£2,045	41
2006	£62,357	£1,377	7
2005	£88,440	£1,773	25
2004	£54,390	£1,146	10
2003	£36,574	£1,023	19
2002	£36,475		2
2001	£32,750	£653	2
2000	£38,817	£564	3
1999	£27,708	£482	3
1998	£23,500	£382	2
1996	£30,700	£525	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,500	£2,347	1
2023	£351,667	£2,943	3
2022	£129,500	£2,056	1
2021	£247,600	£2,682	5
2020	£258,992	£2,273	6
2019	£180,000	£3,051	1
2018	£247,667	£2,539	3
2017	£215,000	£2,408	2
2016	£220,425	£2,225	7
2015	£176,250	£1,419	4
2014	£171,238	£2,207	4
2013	£168,750	£1,480	4
2012	£149,000	£1,322	1
2011	£146,000	£1,796	3
2010	£179,833	£1,752	3
2009	£150,999	£1,635	9
2008	£139,995		1
2007	£163,225	£1,776	11
2006	£160,105	£1,582	10
2005	£157,149	£1,832	7
2004	£147,250	£1,844	4
2003	£142,280	£1,295	5
2002	£125,698	£1,172	28
2001	£117,472	£1,059	16
2000	£110,901	£1,130	21
1999	£59,625	£644	4
1998	£66,817	£356	3
1997	£53,000	£780	3
1996	£53,933	£388	3
1995	£51,500	£452	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£62,667	£69	3
2020	£450,000	£4,263	2
2019	£817,000	£1,422	4
2018	£303,859	£1,000	3
2017	£1,180,738	£39	2
2015	£554,368		1

House Type in B71 1HF area

The most common house types in the B71 1HF postcode area are Semi-detached (79), Terraced (62), and Detached (41).

Total	212
Semi-detached	79
Terraced	62
Detached	41
Flat	27
converted building	3
Shared house	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 (61), and Private rented: Private landlord or letting agency (48).

Owned: Owns with a mortgage or loan	61
Private rented: Private landlord or letting agency	48
Owned: Owns outright	45
Social rented: Other social rented	33
Social rented: Rents from council or Local Authority	12
Private rented: Other private rented	8
Shared ownership: Shared ownership	3
Lives rent free	2
Does not apply	0

Number of People in a Household

The most houses in the B71 1HF have 2 people in household (51), and 3 people in household (50).

2 people in household	51
3 people in household	50
1 person in household	44
4 people in household	44
5 people in household	14
6 people in household	5
7 people in household	4
0 people in household	0
8 or more people in household	0