Housing Market Analysis for GARRATT STREET, B71 1LY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £143,917 median price is £132,750 Standard Deviation is £73,411 with Total Sold: 6
    • The Last 5 Year average price is £231,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 24 GARRATT STREET: £265,000 (Sold on 29 Nov 2022)
    • The first recorded sale happened at this postcode is 4 GARRATT STREET: £43,000 (Sold on 24 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1LY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£231,000 £3,231 2
2017£163,000 £1,811 1
2005£93,0001
2004£102,500 £1,830 1
2000£43,0001

All the Sales in the GARRATT STREET, B71 1LY

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

AddressSold DatePrice% Change
24 GARRATT STREETSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-196629 Nov 2022£265,00062.58%
03 Jul 2017£163,000First Sale
2 GARRATT STREETSemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1983-199018 Nov 2022£197,00092.20%
27 Oct 2004£102,500First Sale
18 GARRATT STREETSemi-Detached, Freehold15 Jul 2005£93,000First Sale
4 GARRATT STREETSemi-Detached, Freehold24 Nov 2000£43,000First Sale

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

GARRATT STREET, B71 1LY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £97,339 median price is £95,000 Standard Deviation is £52,920 with Total Sold: 526
    • The Last 5 Year average price is £163,164 with Total Sold: 90
    • The most recent sale happened at this postcode is , 5 AKRILL CLOSE: £215,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 21 BERNARD STREET: £25,500 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £74,079 median price is £75,000 Standard Deviation is £29,846 with Total Sold: 327
    • The Last 5 Year average price is £84,098 with Total Sold: 66
    • 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)
  • Semi-Detached
    • The average price is around £107,678 median price is £106,250 Standard Deviation is £58,601 with Total Sold: 702
    • The Last 5 Year average price is £190,001 with Total Sold: 122
    • The most recent sale happened at this postcode is , 30 BYRON STREET: £110,000 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is , 44 LILY STREET: £49,950 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £610,403 median price is £252,500 Standard Deviation is £1,644,596 with Total Sold: 36
    • The Last 5 Year average price is £784,833 with Total Sold: 18
    • The most recent sale happened at this postcode is , 75 OLD MEETING STREET: £298,000 (Sold on 15 May 2023)
    • The first recorded sale happened at this postcode is , 8 - 10 CARTERS GREEN: £125,000 (Sold on 01 Apr 2015)
  • Detached
    • The average price is around £177,700 median price is £159,245 Standard Deviation is £104,298 with Total Sold: 40
    • The Last 5 Year average price is £283,530 with Total Sold: 12
    • The most recent sale happened at this postcode is , 7 SANDWELL ROAD: £235,000 (Sold on 04 Mar 2022)
    • The first recorded sale happened at this postcode is , 57 TEMPLE STREET: £65,500 (Sold on 18 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£138,000 £1,603 4
2023£184,058 £2,224 19
2022£176,474 £2,123 17
2021£143,931 £1,658 13
2020£153,250 £1,863 12
2019£157,020 £1,697 25
2018£123,806 £1,407 18
2017£124,500 £1,396 18
2016£106,319 £1,246 21
2015£116,700 £1,182 15
2014£111,600 £1,234 10
2013£100,058 £1,152 12
2012£76,850 £1,004 6
2011£94,500 £1,171 8
2010£106,346 £1,224 13
2009£114,161 £1,051 13
2008£111,857 £986 14
2007£127,764 £1,427 28
2006£109,821 £1,567 17
2005£117,099 £1,429 38
2004£88,994 £1,053 24
2003£75,867 £850 23
2002£53,098 £695 25
2001£39,673 £435 30
2000£37,757 £425 15
1999£38,785 £522 27
1998£44,469 £426 16
1997£32,855 £378 11
1996£36,442 £394 19
1995£28,333 £364 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£62,333 £1,447 3
2023£101,789 £1,808 19
2022£75,300 £1,423 10
2021£82,235 £1,533 17
2020£84,643 £1,519 7
2019£68,600 £1,257 10
2018£72,478 £1,493 20
2017£69,500 £1,367 10
2016£62,042 £1,198 12
2015£48,600 £969 5
2014£59,319 £1,144 16
2013£54,333 £1,412 3
2012£61,167 £1,208 3
2011£48,000 £976 6
2010£79,473 £1,616 31
2009£69,536 £1,219 31
2008£95,300 £1,811 29
2007£109,995 £1,950 27
2006£51,875 £1,309 4
2005£92,295 £1,837 22
2004£47,100 £1,067 9
2003£35,274 £989 19
2002£30,000 £550 2
2000£21,667 £406 3
1999£16,915 £263 3
1998£15,500 £337 1
1997£15,500 £282 3
1995£17,500 £292 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£208,000 £1,942 4
2023£211,979 £2,415 24
2022£215,288 £2,626 26
2021£202,153 £2,376 36
2020£142,577 £1,893 13
2019£133,269 £1,696 19
2018£153,022 £1,807 20
2017£139,267 £1,723 15
2016£129,625 £1,624 16
2015£126,545 £1,457 11
2014£113,535 £1,505 23
2013£108,100 £1,337 17
2012£103,654 £1,248 13
2011£118,452 £1,213 21
2010£115,995 £1,395 22
2009£119,833 £1,480 12
2008£123,886 £1,389 22
2007£122,933 £1,378 24
2006£121,398 £1,582 30
2005£117,130 £1,327 46
2004£98,932 £1,239 33
2003£86,279 £1,075 36
2002£61,650 £742 29
2001£53,237 £649 28
2000£51,844 £606 36
1999£42,341 £641 29
1998£43,400 £530 27
1997£41,298 £538 24
1996£42,635 £513 23
1995£40,334 £431 23
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£298,0001
2022£2,171,6005
2021£223,3333
2020£303,2005
2019£196,2504
2018£263,571 £4,583 7
2017£640,875 £1,075 4
2016£636,2504
2015£298,000 £4,833 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£235,000 £3,133 1
2021£265,060 £2,911 6
2020£371,667 £3,150 3
2019£231,000 £2,189 2
2017£142,000 £2,088 1
2016£316,0001
2015£175,000 £1,882 1
2011£95,0001
2008£160,0001
2007£190,000 £1,709 2
2006£150,050 £1,466 2
2005£189,513 £2,183 3
2004£206,000 £1,511 1
2003£155,167 £680 3
2002£73,000 £689 2
2001£120,0002
2000£53,0001
1999£53,500 £653 1
1998£88,500 £774 2
1997£47,0001
1996£26,500 £257 1
1995£77,2502

House Type in B71 1LY area

The most common house types in the B71 1LY postcode area are Semi-detached (90), Terraced (19), and Flat (12).

Total127
Semi-detached90
Terraced19
Flat12
Detached5
converted building1
Shared house0
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 (40), and Owned: Owns outright (39).

Social rented: Rents from council or Local Authority40
Owned: Owns outright39
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership2
Lives rent free2
Social rented: Other social rented1
Does not apply0
Private rented: Other private rented0

Number of People in a Household

The most houses in the B71 1LY have 2 people in household (35), and 1 person in household (28).

2 people in household35
1 person in household28
3 people in household22
4 people in household22
5 people in household17
6 people in household2
8 or more people in household2
7 people in household1
0 people in household0