Housing Market Analysis for GARRATT STREET, B71 1LZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £86,000 median price is £86,000 Standard Deviation is £28,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 GARRATT STREET: £114,000 (Sold on 20 Sep 2004)
    • The first recorded sale happened at this postcode is 3 GARRATT STREET: £58,000 (Sold on 08 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1LZ 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
2004£114,000 £1,295 1
2002£58,000 £659 1

All the Sales in the GARRATT STREET, B71 1LZ

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

AddressSold DatePrice% Change
3 GARRATT STREETSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196620 Sep 2004£114,00096.55%
08 Nov 2002£58,000First Sale

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

GARRATT STREET, B71 1LZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £96,504 median price is £92,950 Standard Deviation is £52,992 with Total Sold: 539
    • The Last 5 Year average price is £163,802 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 £76,654 median price is £75,000 Standard Deviation is £29,019 with Total Sold: 307
    • The Last 5 Year average price is £85,532 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 , 47 BILHAY LANE: £21,000 (Sold on 19 May 1995)
  • Semi-Detached
    • The average price is around £107,357 median price is £106,000 Standard Deviation is £58,933 with Total Sold: 715
    • The Last 5 Year average price is £190,424 with Total Sold: 123
    • 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 £339,271 median price is £250,000 Standard Deviation is £368,147 with Total Sold: 35
    • The Last 5 Year average price is £236,882 with Total Sold: 17
    • 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 £175,976 median price is £159,245 Standard Deviation is £102,205 with Total Sold: 42
    • 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£185,355 £2,224 20
2022£176,474 £2,123 17
2021£147,955 £1,713 11
2020£150,000 £1,842 13
2019£156,220 £1,707 25
2018£123,079 £1,405 19
2017£123,667 £1,408 18
2016£106,985 £1,261 21
2015£119,321 £1,207 14
2014£105,500 £1,152 12
2013£100,058 £1,152 12
2012£75,388 £969 8
2011£88,667 £1,102 9
2010£105,577 £1,238 13
2009£113,740 £1,075 15
2008£109,286 £973 14
2007£125,996 £1,404 30
2006£109,311 £1,476 19
2005£115,019 £1,420 37
2004£90,254 £1,038 23
2003£75,128 £852 23
2002£53,394 £705 24
2001£39,313 £436 31
2000£36,147 £386 16
1999£39,111 £529 27
1998£43,615 £426 17
1997£32,415 £381 13
1996£35,626 £364 19
1995£28,333 £364 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£62,333 £1,447 3
2023£103,556 £1,851 18
2022£78,500 £1,461 8
2021£84,094 £1,577 16
2020£84,643 £1,519 7
2019£68,600 £1,257 10
2018£75,978 £1,509 20
2017£74,667 £1,495 9
2016£63,818 £1,247 11
2015£48,600 £969 5
2014£60,073 £1,169 15
2013£54,333 £1,412 3
2012£61,167 £1,208 3
2011£62,167 £1,279 3
2010£80,322 £1,636 30
2009£70,711 £1,232 29
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£48,921 £1,124 7
2003£35,508 £981 20
2002£30,000 £550 2
2000£21,667 £406 3
1999£13,750 £172 1
1997£15,000 £219 1
1995£21,000 £438 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£208,000 £1,942 4
2023£212,396 £2,431 24
2022£215,907 £2,614 27
2021£202,153 £2,376 36
2020£142,577 £1,893 13
2019£133,269 £1,696 19
2018£153,430 £1,842 22
2017£140,471 £1,695 17
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£113,995 £1,366 23
2009£119,833 £1,480 12
2008£125,214 £1,397 21
2007£124,015 £1,385 26
2006£123,343 £1,619 29
2005£116,766 £1,334 45
2004£99,117 £1,254 32
2003£85,332 £1,080 37
2002£62,372 £744 29
2001£53,085 £633 31
2000£51,036 £593 37
1999£40,818 £614 31
1998£43,278 £524 28
1997£41,235 £536 23
1996£42,608 £513 24
1995£39,987 £432 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£298,0001
2022£189,5004
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£155,033 £1,466 3
2005£171,635 £2,183 4
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 1LZ area

The most common house types in the B71 1LZ 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 1LZ 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