Housing Market Analysis for MALVERN CLOSE, B71 1PP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £166,571 median price is £160,000 Standard Deviation is £101,056 with Total Sold: 7
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MALVERN CLOSE: £375,000 (Sold on 04 Apr 2023)
    • The first recorded sale happened at this postcode is 5 MALVERN CLOSE: £39,000 (Sold on 10 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 1PP 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
2023£375,000 £3,409 1
2015£205,000 £1,798 1
2014£180,000 £3,601 1
2013£160,000 £1,509 1
2004£136,000 £2,721 1
1999£71,000 £670 1
1997£39,000 £780 1

All the Sales in the MALVERN CLOSE, B71 1PP

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

AddressSold DatePrice% Change
1 MALVERN CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1967-197504 Apr 2023£375,000First Sale
2 MALVERN CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1967-197502 Jul 2015£205,000First Sale
5 MALVERN CLOSEDetached, FreeholdArea: 49.99 Sq.mtrAge: 1967-197522 Aug 2014£180,00032.35%
19 Mar 2004£136,000248.72%
10 Jan 1997£39,000First Sale
4 MALVERN CLOSEDetached, FreeholdArea: 106 Sq.mtrAge: 1983-199025 Sep 2013£160,000125.35%
12 Jan 1999£71,000First Sale

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

MALVERN CLOSE, B71 1PP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £116,063 median price is £112,500 Standard Deviation is £64,236 with Total Sold: 936
    • The Last 5 Year average price is £198,152 with Total Sold: 162
    • The most recent sale happened at this postcode is , 19 SHERIDAN STREET: £160,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 44 LILY STREET: £49,950 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £90,041 median price is £87,750 Standard Deviation is £49,128 with Total Sold: 736
    • The Last 5 Year average price is £147,049 with Total Sold: 108
    • The most recent sale happened at this postcode is , 2 SLAITHWAITE ROAD: £160,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 CHARTLEY ROAD: £44,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £161,082 median price is £147,995 Standard Deviation is £75,322 with Total Sold: 165
    • The Last 5 Year average price is £268,060 with Total Sold: 24
    • The most recent sale happened at this postcode is , 1A TEMPLE MEADOWS ROAD: £450,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 48 ALL SAINTS WAY: £47,000 (Sold on 06 Nov 1995)
  • Flat
    • The average price is around £76,680 median price is £80,000 Standard Deviation is £34,404 with Total Sold: 385
    • The Last 5 Year average price is £91,467 with Total Sold: 69
    • The most recent sale happened at this postcode is FLAT 263, HALLAM COURT HALLAM STREET: £102,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is FLAT 239, HALLAM COURT HALLAM STREET: £39,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £352,263 median price is £57,500 Standard Deviation is £724,916 with Total Sold: 20
    • The Last 5 Year average price is £343,911 with Total Sold: 10
    • The most recent sale happened at this postcode is , 15 ALBION FIELD DRIVE: £240,000 (Sold on 12 Jul 2023)
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,000 £3,521 6
2023£224,107 £2,516 28
2022£217,847 £2,532 45
2021£188,414 £2,142 35
2020£167,000 £2,046 23
2019£167,323 £1,959 25
2018£171,215 £1,868 34
2017£141,968 £1,697 31
2016£163,341 £1,895 29
2015£153,586 £1,630 29
2014£126,923 £1,492 26
2013£120,350 £1,362 15
2012£121,912 £1,406 17
2011£120,379 £1,342 28
2010£116,500 £1,535 18
2009£128,471 £1,536 19
2008£119,775 £1,187 20
2007£130,765 £1,505 39
2006£133,251 £1,511 43
2005£112,099 £1,314 34
2004£112,689 £1,315 43
2003£94,428 £1,081 51
2002£67,212 £761 46
2001£58,897 £668 37
2000£52,282 £531 40
1999£46,671 £544 28
1998£46,969 £556 40
1997£45,495 £611 49
1996£43,172 £518 29
1995£45,084 £474 29
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£188,400 £2,195 5
2023£159,550 £1,773 12
2022£161,373 £1,942 21
2021£137,921 £1,821 19
2020£131,671 £1,638 14
2019£139,782 £1,677 37
2018£127,315 £1,448 27
2017£114,925 £1,257 22
2016£116,404 £1,435 27
2015£106,618 £1,210 17
2014£104,467 £1,274 18
2013£92,627 £1,129 19
2012£100,269 £1,186 13
2011£95,830 £1,013 11
2010£93,688 £1,144 16
2009£100,666 £1,168 18
2008£97,982 £1,149 14
2007£136,013 £1,629 61
2006£109,191 £1,356 24
2005£101,490 £1,234 32
2004£88,114 £1,090 36
2003£62,302 £802 27
2002£49,608 £598 36
2001£47,329 £547 40
2000£43,569 £513 21
1999£36,512 £457 39
1998£36,274 £470 23
1997£35,445 £431 22
1996£31,222 £368 36
1995£34,876 £457 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£328,250 £2,347 2
2023£306,571 £3,281 7
2022£187,250 £3,339 2
2021£265,000 £2,787 5
2020£252,990 £2,423 5
2019£222,167 £2,828 3
2018£162,400 £2,784 5
2017£187,992 £2,570 6
2016£227,807 £2,423 4
2015£183,667 £2,175 9
2014£202,136 £2,270 7
2013£177,500 £2,172 7
2012£155,750 £2,817 2
2011£123,333 £1,959 3
2010£173,333 £1,446 3
2009£146,284 £1,955 7
2007£184,081 £2,024 12
2006£159,311 £1,339 5
2005£216,600 £1,665 5
2004£177,000 £2,194 3
2003£108,333 £1,212 3
2002£117,214 £1,272 7
2001£112,579 £1,313 14
2000£113,780 £1,206 18
1999£66,000 £654 5
1998£80,0001
1997£65,190 £1,069 5
1996£65,094 £1,011 9
1995£47,000 £407 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,500 £1,647 7
2023£93,773 £1,785 11
2022£94,992 £1,846 20
2021£89,929 £1,672 14
2020£91,249 £1,670 4
2019£80,950 £1,565 13
2018£90,611 £1,631 9
2017£84,438 £1,826 8
2016£77,324 £1,504 17
2015£55,541 £1,221 11
2014£75,307 £1,463 15
2013£94,361 £1,742 27
2012£97,966 £1,897 21
2011£97,167 £1,701 15
2010£61,950 £1,095 5
2009£54,000 £1,353 2
2008£71,305 £1,596 10
2007£109,051 £2,075 46
2006£84,565 £1,836 31
2005£65,944 £1,164 9
2004£59,904 £1,200 12
2003£39,130 £1,021 22
2002£29,806 £499 8
2001£35,940 £767 5
2000£29,044 £472 9
1999£27,978 £470 8
1998£32,070 £603 10
1997£25,630 £244 5
1996£28,594 £443 8
1995£26,400 £548 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£210,000 £4,211 2
2022£17,037 £408 3
2021£8,0001
2020£155,000 £2,475 2
2019£1,325,0002
2018£76,325 £1,000 4
2017£797,158 £39 3
2016£177,5002
2015£554,3681

House Type in B71 1PP area

The most common house types in the B71 1PP postcode area are Flat (51), Semi-detached (47), and Detached (17).

Total130
Flat51
Semi-detached47
Detached17
Terraced13
Shared house1
converted building1
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 (58), and Owned: Owns outright (29).

Social rented: Rents from council or Local Authority58
Owned: Owns outright29
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency17
Lives rent free3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the B71 1PP have 1 person in household (56), and 2 people in household (30).

1 person in household56
2 people in household30
3 people in household14
4 people in household13
5 people in household6
6 people in household4
7 people in household3
8 or more people in household3
0 people in household0