Housing Market Analysis for HEATH LANE, B71 2BW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £122,929 median price is £122,000 Standard Deviation is £70,150 with Total Sold: 7
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • 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 107 HEATH LANE: £36,000 (Sold on 26 Sep 1997)
  • Detached
    • The average price is around £236,500 median price is £236,500 Standard Deviation is £83,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 101 HEATH LANE: £320,000 (Sold on 26 Mar 2018)
    • The first recorded sale happened at this postcode is 95A HEATH LANE: £153,000 (Sold on 20 Jul 2011)
  • Terraced
    • The average price is around £118,650 median price is £98,000 Standard Deviation is £59,802 with Total Sold: 3
    • The most recent sale happened at this postcode is 93 HEATH LANE: £200,000 (Sold on 02 Sep 2016)
    • The first recorded sale happened at this postcode is 93 HEATH LANE: £57,950 (Sold on 19 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 2BW 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
2024£220,0001
2015£122,000 £1,164 1
2010£73,500 £701 1
2009£148,000 £1,386 1
2007£215,0001
2001£46,0001
1997£36,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£320,000 £2,883 1
2011£153,000 £1,959 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£200,000 £1,811 1
2001£98,000 £887 1
2000£57,950 £525 1

All the Sales in the HEATH LANE, B71 2BW

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

AddressSold DatePrice% Change
115 HEATH LANESemi-Detached, Freehold30 Aug 2024£220,00080.33%
11 Jun 2015£122,00065.99%
16 Jul 2010£73,500First Sale
101 HEATH LANEDetached, FreeholdArea: 111 Sq.mtrAge: 1996-200226 Mar 2018£320,000First Sale
93 HEATH LANETerraced, FreeholdArea: 110.43 Sq.mtr02 Sep 2016£200,000104.08%
18 Oct 2001£98,00069.11%
19 May 2000£57,950First Sale
95A HEATH LANEDetached, FreeholdArea: 78.1 Sq.mtrAge: 1950-196620 Jul 2011£153,000First Sale
93A HEATH LANESemi-Detached, FreeholdArea: 106.77 Sq.mtrAge: 1967-197530 Sep 2009£148,000First Sale
113 HEATH LANESemi-Detached, Freehold10 Dec 2007£215,000First Sale
117 HEATH LANESemi-Detached, Freehold10 Jul 2001£46,000First Sale
107 HEATH LANESemi-Detached, Freehold26 Sep 1997£36,000First Sale

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

HEATH LANE, B71 2BW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £117,437 median price is £110,000 Standard Deviation is £61,682 with Total Sold: 663
    • The Last 5 Year average price is £190,194 with Total Sold: 123
    • 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 , 33 CALDWELL STREET: £38,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £103,455 median price is £97,825 Standard Deviation is £51,396 with Total Sold: 550
    • The Last 5 Year average price is £162,039 with Total Sold: 95
    • 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 £92,273 median price is £95,000 Standard Deviation is £32,770 with Total Sold: 135
    • The Last 5 Year average price is £91,271 with Total Sold: 24
    • The most recent sale happened at this postcode is , 9 OVERTON PLACE: £126,500 (Sold on 03 Apr 2024)
    • The first recorded sale happened at this postcode is , 10 OVERTON PLACE: £32,500 (Sold on 29 Jul 1996)
  • Detached
    • The average price is around £158,215 median price is £139,225 Standard Deviation is £71,880 with Total Sold: 174
    • The Last 5 Year average price is £278,000 with Total Sold: 14
    • 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 , 35 HEATH LANE: £56,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £481,175 median price is £170,000 Standard Deviation is £522,323 with Total Sold: 9
    • The Last 5 Year average price is £624,800 with Total Sold: 5
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,350 £2,550 10
2023£233,909 £2,696 22
2022£198,714 £2,324 21
2021£187,857 £2,121 28
2020£164,145 £2,067 21
2019£154,017 £1,809 21
2018£143,688 £1,843 16
2017£146,061 £1,735 31
2016£137,542 £1,678 18
2015£140,732 £1,449 28
2014£118,085 £1,426 17
2013£106,467 £1,269 21
2012£120,248 £1,302 20
2011£109,143 £1,244 14
2010£116,464 £1,258 18
2009£121,916 £1,357 21
2008£116,225 £1,208 23
2007£134,942 £1,523 36
2006£124,313 £1,531 27
2005£118,992 £1,310 24
2004£101,040 £1,257 31
2003£94,000 £1,110 27
2002£79,125 £959 26
2001£61,145 £738 25
2000£52,730 £592 15
1999£43,966 £515 22
1998£52,516 £584 19
1997£43,136 £491 24
1996£48,816 £546 19
1995£37,386 £440 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0002
2023£185,700 £2,312 10
2022£187,236 £2,282 16
2021£174,429 £2,159 28
2020£134,205 £1,766 19
2019£138,350 £1,643 20
2018£134,176 £1,617 17
2017£121,767 £1,560 15
2016£116,038 £1,501 13
2015£106,318 £1,246 11
2014£109,250 £1,346 14
2013£95,750 £1,260 14
2012£92,500 £1,155 9
2011£98,222 £1,119 9
2010£99,000 £1,187 12
2009£112,861 £1,289 18
2008£132,478 £1,666 16
2007£140,383 £1,757 59
2006£106,174 £1,459 24
2005£99,665 £1,235 17
2004£88,823 £1,118 26
2003£80,719 £1,040 21
2002£71,072 £855 36
2001£62,641 £817 25
2000£44,442 £569 19
1999£45,925 £568 20
1998£36,353 £463 15
1997£43,723 £544 13
1996£40,943 £477 16
1995£38,103 £513 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£103,2502
2023£116,750 £1,881 4
2022£88,200 £1,647 5
2021£89,583 £1,624 6
2020£70,750 £1,334 4
2019£85,167 £1,378 3
2018£75,000 £1,319 2
2017£83,643 £1,552 7
2016£94,667 £1,304 3
2015£149,333 £1,770 3
2014£67,500 £1,144 1
2013£68,625 £1,153 2
2012£68,250 £1,211 4
2011£60,000 £1,042 3
2010£72,688 £1,073 4
2009£55,000 £1,100 1
2008£70,017 £1,249 3
2007£115,306 £2,070 54
2006£94,958 £1,864 6
2005£67,100 £1,165 5
2004£75,000 £1,267 1
2002£35,9673
2001£32,750 £653 2
2000£36,500 £598 1
1999£27,708 £482 3
1996£28,500 £529 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,500 £2,347 1
2023£366,667 £3,089 3
2022£129,500 £2,056 1
2021£275,600 £2,721 5
2020£291,500 £2,551 2
2019£247,500 £2,058 2
2018£245,750 £2,404 4
2017£268,333 £2,753 3
2016£199,438 £1,976 4
2015£169,500 £1,579 4
2014£197,500 £1,927 6
2013£159,375 £1,306 4
2012£149,000 £1,322 1
2011£146,000 £1,796 3
2010£153,612 £1,957 4
2009£149,749 £1,521 8
2008£139,9951
2007£193,391 £1,857 14
2006£191,549 £1,612 10
2005£184,200 £1,512 5
2004£175,750 £1,482 4
2003£178,971 £1,334 7
2002£126,562 £1,164 26
2001£118,040 £1,241 15
2000£112,317 £1,113 19
1999£62,988 £651 4
1998£76,290 £559 5
1996£78,412 £620 8
1995£56,000 £497 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£8,0001
2020£1,249,000 £10,585 2
2019£309,000 £1,422 2
2018£345,525 £1,459 3
2017£170,0001

House Type in B71 2BW area

The most common house types in the B71 2BW postcode area are Semi-detached (109), Terraced (14), and Detached (8).

Total134
Semi-detached109
Terraced14
Detached8
commercial building3
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (41), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan41
Owned: Owns outright40
Social rented: Rents from council or Local Authority25
Private rented: Private landlord or letting agency20
Private rented: Other private rented4
Social rented: Other social rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B71 2BW have 2 people in household (49), and 1 person in household (28).

2 people in household49
1 person in household28
3 people in household24
4 people in household18
5 people in household9
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0