Housing Market Analysis for LEICESTER PLACE, B71 1LB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £92,000 median price is £92,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 LEICESTER PLACE: £92,000 (Sold on 19 Aug 2011)
    • The first recorded sale happened at this postcode is 5 LEICESTER PLACE: £92,000 (Sold on 19 Aug 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1LB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£92,000 £1,117 1

All the Sales in the LEICESTER PLACE, B71 1LB

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

AddressSold DatePrice% Change
5 LEICESTER PLACETerraced, FreeholdArea: 82.36 Sq.mtrAge: 1950-196619 Aug 2011£92,000First Sale

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

LEICESTER PLACE, B71 1LB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £111,798 median price is £107,000 Standard Deviation is £49,882 with Total Sold: 517
    • The Last 5 Year average price is £169,133 with Total Sold: 79
    • 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 , 16 HALL CRESCENT: £38,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £103,951 median price is £102,000 Standard Deviation is £51,401 with Total Sold: 955
    • The Last 5 Year average price is £175,544 with Total Sold: 165
    • 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 , 28 LEACROFT GROVE: £52,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £86,869 median price is £84,630 Standard Deviation is £25,225 with Total Sold: 86
    • The Last 5 Year average price is £77,022 with Total Sold: 23
    • 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 , 14 SALOP CLOSE: £27,000 (Sold on 07 Jan 2000)
  • Detached
    • The average price is around £136,545 median price is £129,750 Standard Deviation is £51,803 with Total Sold: 230
    • The Last 5 Year average price is £229,722 with Total Sold: 18
    • 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 , 21 TROTTERS LANE: £60,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £90,000 median price is £90,000 Standard Deviation is £85,000 with Total Sold: 2
    • The Last 5 Year average price is £90,000 with Total Sold: 2
    • 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 , 101 CHURCH LANE: £175,000 (Sold on 18 Mar 2021)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,278 £2,816 9
2023£191,111 £2,430 9
2022£177,841 £2,329 14
2021£173,559 £2,135 17
2020£140,600 £1,843 16
2019£155,439 £1,973 14
2018£154,933 £1,901 15
2017£130,595 £1,686 16
2016£123,982 £1,599 14
2015£112,567 £1,376 15
2014£133,604 £1,479 14
2013£111,500 £1,469 7
2012£107,250 £1,299 8
2011£99,697 £1,322 15
2010£110,412 £1,309 12
2009£120,214 £1,400 14
2008£137,703 £1,551 18
2007£143,236 £1,785 56
2006£112,132 £1,549 29
2005£109,805 £1,368 24
2004£92,250 £1,231 23
2003£87,795 £1,227 24
2002£78,811 £1,007 32
2001£65,409 £896 38
2000£56,246 £753 32
1999£36,640 £396 10
1998£37,650 £449 6
1997£31,612 £366 4
1996£38,286 £418 7
1995£35,620 £427 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£198,382 £2,510 17
2023£198,369 £2,562 24
2022£191,878 £2,334 36
2021£172,646 £2,249 41
2020£151,143 £1,888 21
2019£141,204 £1,821 26
2018£135,534 £1,763 28
2017£129,291 £1,700 29
2016£128,278 £1,567 27
2015£111,498 £1,393 33
2014£104,798 £1,349 23
2013£95,467 £1,215 24
2012£99,441 £1,203 17
2011£103,172 £1,293 29
2010£90,614 £1,168 22
2009£107,829 £1,356 24
2008£129,825 £1,292 27
2007£115,642 £1,470 53
2006£114,270 £1,447 55
2005£108,763 £1,283 41
2004£101,738 £1,303 43
2003£80,789 £934 35
2002£70,624 £873 53
2001£55,843 £726 50
2000£50,170 £630 54
1999£39,736 £525 31
1998£40,572 £538 22
1997£38,964 £477 18
1996£38,521 £493 24
1995£38,571 £423 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,0001
2023£104,000 £1,816 3
2022£87,000 £1,764 4
2021£67,500 £1,530 5
2020£68,900 £1,318 5
2019£72,900 £1,326 5
2018£70,250 £1,555 4
2017£87,000 £1,598 1
2016£108,000 £1,349 2
2015£110,000 £1,837 2
2014£43,250 £998 2
2013£43,500 £888 1
2012£52,500 £1,190 1
2011£35,000 £921 1
2010£100,000 £1,064 1
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£37,650 £762 3
2000£27,000 £562 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,500 £2,347 1
2023£256,000 £2,861 3
2022£194,750 £2,333 2
2021£243,000 £2,747 4
2020£232,800 £2,472 5
2019£211,667 £2,580 3
2018£227,500 £2,254 6
2017£180,000 £1,875 1
2016£167,812 £1,857 4
2015£150,533 £1,995 6
2014£159,400 £1,846 5
2013£163,250 £1,695 4
2011£144,000 £1,645 2
2010£137,900 £1,513 5
2009£145,228 £1,546 14
2008£147,749 £1,205 4
2007£161,165 £1,883 18
2006£152,136 £1,747 18
2005£144,286 £1,556 7
2004£149,333 £1,298 3
2003£137,919 £1,239 8
2002£122,567 £1,162 29
2001£98,872 £1,084 41
2000£99,351 £997 29
1999£52,000 £524 3
1998£36,000 £356 1
1997£54,500 £728 2
1996£48,000 £706 1
1995£60,000 £426 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£90,000 £69 2

House Type in B71 1LB area

The most common house types in the B71 1LB postcode area are Semi-detached (75), Terraced (57), and Flat (22).

Total170
Semi-detached75
Terraced57
Flat22
Detached16
Shared house0
converted building0
commercial 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 (65), and Owned: Owns with a mortgage or loan (43).

Social rented: Rents from council or Local Authority65
Owned: Owns with a mortgage or loan43
Owned: Owns outright32
Private rented: Private landlord or letting agency26
Private rented: Other private rented2
Social rented: Other social rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B71 1LB have 4 people in household (41), and 2 people in household (38).

4 people in household41
2 people in household38
3 people in household31
1 person in household28
5 people in household18
6 people in household9
7 people in household5
0 people in household0
8 or more people in household0