Housing Market Analysis for MELROSE AVENUE, B71 2LN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £22,000 median price is £22,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 MELROSE AVENUE: £22,000 (Sold on 28 Jan 1999)
    • The first recorded sale happened at this postcode is 17 MELROSE AVENUE: £22,000 (Sold on 28 Jan 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 2LN 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
1999£22,000 £314 1

All the Sales in the MELROSE AVENUE, B71 2LN

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

AddressSold DatePrice% Change
17 MELROSE AVENUESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-196628 Jan 1999£22,000First Sale

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

MELROSE AVENUE, B71 2LN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £170,227 median price is £144,366 Standard Deviation is £80,410 with Total Sold: 74
    • The Last 5 Year average price is £220,529 with Total Sold: 15
    • The most recent sale happened at this postcode is , 297 WALSALL ROAD: £330,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , 128A HALL GREEN ROAD: £25,000 (Sold on 01 May 1995)
  • Flat
    • The average price is around £98,890 median price is £105,000 Standard Deviation is £18,107 with Total Sold: 98
    • The Last 5 Year average price is £98,047 with Total Sold: 21
    • The most recent sale happened at this postcode is 53, THE HEIGHTS WALSALL ROAD: £96,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 168 WALSALL ROAD: £65,000 (Sold on 25 Nov 1998)
  • Semi-Detached
    • The average price is around £111,110 median price is £105,000 Standard Deviation is £59,180 with Total Sold: 702
    • The Last 5 Year average price is £185,954 with Total Sold: 137
    • The most recent sale happened at this postcode is , 3 CHARLEMONT ROAD: £230,000 (Sold on 22 Apr 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 £105,001 median price is £99,000 Standard Deviation is £58,401 with Total Sold: 238
    • The Last 5 Year average price is £177,949 with Total Sold: 49
    • The most recent sale happened at this postcode is , 5 SIMON CLOSE: £121,000 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is , 10 NEEDWOOD GROVE: £13,530 (Sold on 27 Feb 1995)
  • Other
    • The average price is around £491,205 median price is £187,500 Standard Deviation is £970,835 with Total Sold: 14
    • The Last 5 Year average price is £191,667 with Total Sold: 6
    • The most recent sale happened at this postcode is , 134 WALSALL ROAD: £170,000 (Sold on 12 Apr 2023)
    • The first recorded sale happened at this postcode is 10, THE HEIGHTS WALSALL ROAD: £3,960,000 (Sold on 07 Mar 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£359,0002
2022£276,663 £2,977 3
2021£185,467 £2,673 9
2020£90,750 £1,278 1
2018£181,000 £1,921 2
2016£210,779 £1,955 7
2015£220,000 £2,472 1
2014£125,000 £2,775 1
2013£138,500 £1,493 4
2012£143,500 £2,512 3
2011£150,0001
2010£130,000 £1,409 1
2009£148,000 £2,440 6
2008£207,500 £3,295 2
2007£173,749 £1,660 4
2006£187,500 £2,188 3
2005£318,333 £768 3
2004£164,500 £1,300 6
2003£114,500 £1,272 1
2002£121,975 £1,111 2
2001£119,0002
2000£92,975 £669 2
1999£74,833 £952 3
1998£81,500 £934 2
1997£72,250 £703 2
1995£25,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,0001
2023£117,750 £2,460 4
2022£100,600 £1,671 5
2021£81,750 £1,519 2
2020£81,500 £1,399 2
2019£94,642 £1,471 7
2018£105,500 £1,655 4
2017£101,583 £1,570 12
2016£106,385 £1,633 26
2015£97,500 £1,361 1
2014£105,000 £1,576 2
2011£60,000 £1,215 2
2010£60,0001
2008£105,161 £1,782 7
2007£104,359 £1,941 16
2005£66,0002
2003£44,9501
2002£44,9752
1998£65,000 £890 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£209,857 £2,584 7
2023£212,174 £2,526 23
2022£219,596 £2,631 26
2021£179,748 £2,247 25
2020£154,298 £1,980 30
2019£165,173 £2,125 26
2018£154,776 £1,807 29
2017£138,298 £1,633 20
2016£132,522 £1,625 23
2015£125,825 £1,465 26
2014£111,126 £1,362 29
2013£109,462 £1,357 13
2012£101,374 £1,337 21
2011£104,950 £1,199 16
2010£116,304 £1,338 14
2009£119,523 £1,320 11
2008£126,652 £1,434 23
2007£115,157 £1,412 25
2006£114,061 £1,350 19
2005£108,567 £1,293 33
2004£100,916 £1,275 43
2003£92,091 £1,131 23
2002£63,542 £790 30
2001£55,165 £634 23
2000£47,274 £589 31
1999£49,902 £533 24
1998£42,103 £596 21
1997£42,657 £479 23
1996£44,510 £504 24
1995£37,248 £439 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£174,000 £2,640 2
2023£201,312 £2,519 8
2022£205,700 £2,416 10
2021£178,958 £2,319 12
2020£161,125 £2,080 8
2019£140,833 £1,667 9
2018£135,562 £1,645 8
2017£119,222 £1,426 9
2016£99,400 £1,390 5
2015£111,370 £1,511 10
2014£101,064 £1,094 7
2013£96,333 £1,052 6
2012£120,333 £1,767 3
2011£107,000 £1,347 6
2009£82,556 £974 9
2008£139,531 £1,559 7
2007£114,082 £1,442 11
2006£97,208 £1,251 12
2005£123,900 £1,653 11
2004£146,490 £1,369 5
2003£81,374 £1,014 8
2002£59,386 £537 11
2001£45,500 £680 4
2000£48,025 £586 4
1999£48,188 £634 8
1998£43,327 £443 15
1997£41,688 £433 12
1996£44,153 £507 9
1995£40,692 £458 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,0002
2021£175,000 £3,431 1
2020£235,000 £1,500 2
2019£135,0001
2018£315,000 £4,145 2
2017£275,500 £4,049 2
2016£119,000 £1,837 2
2014£2,153,938 £34,189 2

House Type in B71 2LN area

The most common house types in the B71 2LN postcode area are Semi-detached (111), Detached (9), and Terraced (9).

Total133
Semi-detached111
Detached9
Terraced9
Flat4
Shared house0
converted building0
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 (44), and Owned: Owns with a mortgage or loan (42).

Social rented: Rents from council or Local Authority44
Owned: Owns with a mortgage or loan42
Owned: Owns outright32
Private rented: Private landlord or letting agency10
Lives rent free2
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B71 2LN have 3 people in household (38), and 2 people in household (35).

3 people in household38
2 people in household35
1 person in household21
4 people in household15
5 people in household11
6 people in household4
7 people in household3
8 or more people in household2
0 people in household0