Housing Market Analysis for HEATH LANE, B71 2BN

Are you looking to understand B71 2BN 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 2BN area, explore the B71 2BN Area information page.
For comprehensive crime statistics in the B71 2BN area, explore the B71 2BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B71 2BN postcode area, The average prices are as follows,

Terraced
- The average price is around £85,885 median price is £72,500 Standard Deviation is £54,465 with Total Sold: 23
- The Last 5 Year average price is £176,667 with Total Sold: 3
- The most recent sale happened at this postcode is 85 HEATH LANE: £200,000 (Sold on 26 Nov 2021)
- The first recorded sale happened at this postcode is 77 HEATH LANE: £37,950 (Sold on 15 Dec 1995)
Semi-Detached
- The average price is around £146,833 median price is £157,000 Standard Deviation is £56,992 with Total Sold: 9
- The Last 5 Year average price is £157,375 with Total Sold: 4
- The most recent sale happened at this postcode is 45 HEATH LANE: £157,000 (Sold on 18 Jun 2021)
- The first recorded sale happened at this postcode is 45 HEATH LANE: £32,000 (Sold on 28 Jul 1995)
Detached
- The average price is around £106,475 median price is £106,475 Standard Deviation is £47,025 with Total Sold: 2
- The most recent sale happened at this postcode is 41 HEATH LANE: £153,500 (Sold on 20 Jan 2006)
- The first recorded sale happened at this postcode is 67 HEATH LANE: £59,450 (Sold on 29 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 2BN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£176,667	£2,241	3
2013	£88,000	£1,194	1
2012	£72,500	£1,104	1
2008	£112,333	£1,631	3
2007	£131,238	£1,500	4
2003	£61,000	£924	1
2002	£39,500	£260	2
2000	£34,000	£507	1
1999	£44,500	£645	1
1998	£31,498		2
1996	£31,750	£467	2
1995	£38,950	£412	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£157,000	£1,938	1
2020	£242,500	£2,310	1
2019	£115,000	£1,127	2
2017	£184,000	£1,752	1
2015	£118,000	£1,146	1
2007	£179,000	£1,667	2
1995	£32,000	£395	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£153,500		1
1998	£59,450		1

All the Sales in the HEATH LANE, B71 2BN

See the table below for more details on the sold house prices in the B71 2BN, Sandwell postcode.

Address	Sold Date	Price	% Change
85 HEATH LANETerraced, FreeholdArea: 93 Sq.mtrAge: before 1900	26 Nov 2021	£200,000	700.00%
	25 Oct 2002	£25,000	First Sale
43B HEATH LANETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	20 Sep 2021	£200,000	First Sale
45 HEATH LANESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1900-1929	18 Jun 2021	£157,000	390.62%
	28 Jul 1995	£32,000	First Sale
59 HEATH LANETerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	24 May 2021	£130,000	282.35%
	16 Oct 2000	£34,000	First Sale
89 HEATH LANESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1930-1949	16 Nov 2020	£242,500	First Sale
39 HEATH LANESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1900-1929	22 Aug 2019	£130,000	30.00%
	14 Jun 2019	£100,000	First Sale
69 HEATH LANESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 2007 onwards	03 Apr 2017	£184,000	5.14%
	14 Oct 2007	£175,000	First Sale
91 HEATH LANESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1930-1949	31 Mar 2015	£118,000	First Sale
47 HEATH LANETerraced, FreeholdArea: 73.7 Sq.mtrAge: 1900-1929	22 Mar 2013	£88,000	170.77%
	04 Nov 1996	£32,500	First Sale
51 HEATH LANETerraced, FreeholdArea: 65.66 Sq.mtrAge: 1900-1929	28 Mar 2012	£72,500	133.87%
	28 Jun 1996	£31,000	First Sale
55 HEATH LANETerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	17 Nov 2008	£100,000	124.72%
	30 Nov 1999	£44,500	First Sale
49 HEATH LANETerraced, Freehold	26 Sep 2008	£92,000	178.83%
49 HEATH LANETerraced, Freehold	23 Oct 1998	£32,995	First Sale
71 HEATH LANETerraced, FreeholdArea: 80 Sq.mtrAge: 2003-2006	16 Sep 2008	£145,000	First Sale
53 HEATH LANETerraced, FreeholdArea: 66 Sq.mtrAge: 1900-1929	02 Oct 2007	£99,000	62.30%
	18 Feb 2003	£61,000	First Sale
71A HEATH LANETerraced, Freehold	14 Sep 2007	£159,950	First Sale
71B HEATH LANETerraced, Freehold	17 Aug 2007	£145,000	First Sale
87 HEATH LANETerraced, Freehold	08 Aug 2007	£121,000	First Sale
69A HEATH LANESemi-Detached, Freehold	27 Jul 2007	£183,000	First Sale
41 HEATH LANEDetached, Freehold	20 Jan 2006	£153,500	First Sale
77 HEATH LANETerraced, Freehold	15 Mar 2002	£54,000	42.29%
77 HEATH LANETerraced, Freehold	15 Dec 1995	£37,950	First Sale
67 HEATH LANEDetached, Freehold	29 Jun 1998	£59,450	First Sale
83 HEATH LANETerraced, Freehold	07 May 1998	£30,000	First Sale
79 HEATH LANETerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	21 Dec 1995	£39,950	First Sale

Check out the sold house prices near the B71 2BN postcode. Properties currently for saleProperties currently for rent

HEATH LANE, B71 2BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B71 2BN 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 2BN postcode.

Semi-Detached
- The average price is around £120,971 median price is £114,950 Standard Deviation is £63,916 with Total Sold: 746
- The Last 5 Year average price is £194,757 with Total Sold: 142
- 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 , 100 BEXLEY GROVE: £53,800 (Sold on 01 Mar 1995)
Detached
- The average price is around £183,625 median price is £150,000 Standard Deviation is £93,280 with Total Sold: 225
- The Last 5 Year average price is £314,613 with Total Sold: 26
- The most recent sale happened at this postcode is , 19 NEWTON STREET: £265,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 35 HEATH LANE: £56,000 (Sold on 17 Mar 1995)
Terraced
- The average price is around £105,339 median price is £100,000 Standard Deviation is £53,528 with Total Sold: 728
- The Last 5 Year average price is £164,506 with Total Sold: 118
- The most recent sale happened at this postcode is , 23 VOWLES ROAD: £185,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 27 CHARTLEY ROAD: £44,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £97,235 median price is £97,674 Standard Deviation is £32,665 with Total Sold: 198
- The Last 5 Year average price is £104,364 with Total Sold: 42
- 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 , 10 OVERTON PLACE: £32,500 (Sold on 29 Jul 1996)
Other
- The average price is around £446,058 median price is £167,500 Standard Deviation is £506,595 with Total Sold: 10
- The Last 5 Year average price is £542,333 with Total Sold: 6
- The most recent sale happened at this postcode is , 17 VICARAGE ROAD: £8,000 (Sold on 19 Apr 2021)
- The first recorded sale happened at this postcode is , 99 WALSALL ROAD: £170,000 (Sold on 24 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£224,850	£2,550	10
2023	£238,125	£2,701	24
2022	£199,296	£2,336	27
2021	£189,734	£2,157	32
2020	£172,484	£2,063	25
2019	£163,640	£1,767	24
2018	£151,412	£1,809	17
2017	£150,194	£1,731	33
2016	£148,368	£1,756	19
2015	£143,648	£1,503	30
2014	£128,155	£1,530	19
2013	£105,945	£1,265	22
2012	£132,956	£1,353	24
2011	£122,998	£3,070	21
2010	£146,858	£1,485	24
2009	£122,537	£1,362	20
2008	£118,966	£1,173	24
2007	£137,248	£1,507	36
2006	£123,515	£1,518	29
2005	£123,195	£1,299	22
2004	£101,198	£1,275	34
2003	£93,730	£1,131	30
2002	£79,023	£943	30
2001	£61,618	£771	32
2000	£61,736	£681	28
1999	£44,013	£468	23
1998	£56,028	£584	18
1997	£43,102	£503	31
1996	£46,595	£527	22
1995	£38,809	£438	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£235,750	£2,347	2
2023	£384,500	£2,847	6
2022	£302,250	£2,928	2
2021	£318,744	£2,718	8
2020	£303,500	£2,268	4
2019	£258,250	£2,377	4
2018	£245,400	£2,434	5
2017	£312,500	£3,630	2
2016	£219,000	£2,046	3
2015	£188,500	£1,695	6
2014	£197,500	£1,927	6
2013	£204,312	£1,672	8
2012	£285,800	£2,099	5
2011	£278,905	£2,013	11
2010	£228,562	£2,088	13
2009	£160,894	£1,598	10
2008	£139,995		1
2007	£193,391	£1,857	14
2006	£209,749	£1,736	8
2005	£184,200	£1,512	5
2004	£190,000	£1,639	5
2003	£178,288	£1,306	8
2002	£127,053	£1,172	29
2001	£119,583	£1,084	18
2000	£110,406	£1,130	22
1999	£68,817	£790	3
1998	£78,408	£559	6
1997	£70,000		1
1996	£78,412	£620	8
1995	£68,000	£568	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,333		3
2023	£191,833	£2,368	12
2022	£180,171	£4,347	25
2021	£171,242	£2,081	33
2020	£140,114	£1,821	21
2019	£145,500	£1,703	24
2018	£144,139	£1,716	18
2017	£135,289	£1,584	19
2016	£120,688	£1,516	16
2015	£113,067	£1,347	15
2014	£110,309	£1,374	21
2013	£93,972	£1,255	18
2012	£105,506	£1,270	16
2011	£133,269	£2,567	18
2010	£138,273	£2,235	30
2009	£111,976	£1,296	21
2008	£129,268	£1,658	20
2007	£139,525	£1,738	63
2006	£105,668	£1,469	27
2005	£106,830	£1,396	25
2004	£91,074	£1,146	36
2003	£82,833	£1,093	30
2002	£68,468	£829	41
2001	£62,983	£811	38
2000	£53,306	£678	39
1999	£44,479	£546	24
1998	£37,266	£483	18
1997	£42,157	£544	15
1996	£37,982	£432	22
1995	£36,988	£510	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,900	£1,739	5
2023	£121,250	£2,002	4
2022	£108,041	£1,970	11
2021	£101,364	£5,193	11
2020	£100,333	£1,675	3
2019	£91,794	£1,632	8
2018	£95,750	£1,639	6
2017	£89,188	£1,682	8
2016	£94,938	£1,717	8
2015	£121,375	£1,641	4
2014	£102,429	£1,771	7
2013	£107,155	£1,923	21
2012	£105,041	£1,995	17
2011	£101,923	£1,781	13
2010	£87,950	£9,804	7
2009	£55,000	£1,100	1
2008	£69,388	£1,348	4
2007	£118,344	£2,118	35
2006	£76,333	£1,514	3
2005	£67,100	£1,165	5
2004	£70,750	£1,249	2
2002	£35,967		3
2001	£32,750	£653	2
2000	£35,725	£564	2
1999	£27,708	£482	3
1998	£20,500	£315	1
1996	£28,375	£525	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£8,000		1
2020	£876,000	£7,723	3
2019	£309,000	£1,422	2
2018	£345,525	£1,459	3
2017	£170,000		1

House Type in B71 2BN area

The most common house types in the B71 2BN postcode area are Semi-detached (65), Flat (59), and Terraced (51).

Total	195
Semi-detached	65
Flat	59
Terraced	51
Detached	18
commercial building	2
Shared house	0
converted 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 (49), and Private rented: Private landlord or letting agency (46).

Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	46
Owned: Owns outright	41
Social rented: Rents from council or Local Authority	33
Social rented: Other social rented	15
Private rented: Other private rented	9
Shared ownership: Shared ownership	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the B71 2BN have 1 person in household (66), and 2 people in household (55).

1 person in household	66
2 people in household	55
3 people in household	31
4 people in household	25
5 people in household	13
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0