Housing Market Analysis for MILLFIELDS CLOSE, B71 2NR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £59,750 median price is £59,000 Standard Deviation is £11,568 with Total Sold: 4
    • The Last 5 Year average price is £75,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 MILLFIELDS CLOSE: £51,500 (Sold on 19 Jul 2013)
    • The first recorded sale happened at this postcode is 18 MILLFIELDS CLOSE: £75,000 (Sold on 20 Sep 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 2NR 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£51,500 £1,256 1
2007£66,500 £1,622 1
2003£46,000 £1,122 1
2024£75,0001

All the Sales in the MILLFIELDS CLOSE, B71 2NR

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

AddressSold DatePrice% Change
18 MILLFIELDS CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 1950-196619 Jul 2013£51,500-22.56%
30 Mar 2007£66,50044.57%
12 Dec 2003£46,000-38.67%
20 Sep 2024£75,000First Sale

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

MILLFIELDS CLOSE, B71 2NR Near By properties

Interactive Map

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

  • Flat
    • The average price is around £93,731 median price is £97,000 Standard Deviation is £23,940 with Total Sold: 94
    • The Last 5 Year average price is £103,652 with Total Sold: 23
    • The most recent sale happened at this postcode is , 18 MILLFIELDS CLOSE: £75,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 18 MILLFIELDS CLOSE: £46,000 (Sold on 12 Dec 2003)
  • Semi-Detached
    • The average price is around £107,346 median price is £104,000 Standard Deviation is £53,570 with Total Sold: 826
    • The Last 5 Year average price is £173,920 with Total Sold: 144
    • The most recent sale happened at this postcode is , 4 WINCHESTER ROAD: £180,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 WODEN ROAD SOUTH: £59,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £102,914 median price is £97,750 Standard Deviation is £55,461 with Total Sold: 230
    • The Last 5 Year average price is £190,638 with Total Sold: 26
    • The most recent sale happened at this postcode is , 26 GRIFFITHS ROAD: £150,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 97 WODEN ROAD SOUTH: £47,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £198,367 median price is £212,498 Standard Deviation is £69,559 with Total Sold: 74
    • The Last 5 Year average price is £237,769 with Total Sold: 10
    • The most recent sale happened at this postcode is , 166 HYDES ROAD: £195,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 116 HYDES ROAD: £75,000 (Sold on 07 Jun 1996)
  • Other
    • The average price is around £239,416 median price is £56,498 Standard Deviation is £298,825 with Total Sold: 3
    • The most recent sale happened at this postcode is , MILLFIELD INN RYDDING LANE: £660,800 (Sold on 29 Aug 2019)
    • The first recorded sale happened at this postcode is , 69 WINCHESTER ROAD: £950 (Sold on 07 Nov 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£97,600 £2,050 5
2023£111,429 £2,066 7
2022£121,750 £2,205 2
2021£95,938 £1,815 8
2020£105,000 £1,810 1
2018£98,000 £1,689 5
2017£100,250 £1,707 6
2016£104,167 £1,489 3
2015£51,000 £1,275 1
2014£59,750 £1,243 2
2013£86,330 £1,440 29
2012£90,000 £1,393 1
2011£56,000 £1,147 2
2010£63,000 £1,260 1
2009£62,000 £1,156 2
2008£109,912 £2,114 11
2007£100,660 £1,865 7
2003£46,000 £1,122 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,900 £2,204 10
2023£198,757 £2,410 37
2022£182,191 £2,306 32
2021£161,150 £2,113 40
2020£143,013 £1,789 25
2019£152,020 £1,882 25
2018£143,202 £1,798 42
2017£133,779 £1,651 34
2016£123,175 £1,590 20
2015£122,233 £1,467 21
2014£119,917 £1,520 18
2013£112,552 £1,410 18
2012£101,036 £1,340 14
2011£118,678 £1,479 14
2010£96,947 £1,226 19
2009£94,615 £1,153 13
2008£122,735 £1,369 27
2007£120,398 £1,580 44
2006£116,773 £1,415 31
2005£102,708 £1,279 36
2004£93,734 £1,211 38
2003£85,038 £1,080 42
2002£61,072 £782 32
2001£53,796 £645 38
2000£43,411 £540 31
1999£45,412 £548 36
1998£43,412 £593 16
1997£44,133 £581 28
1996£42,779 £601 24
1995£42,781 £527 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0004
2023£230,714 £2,565 7
2022£194,000 £2,511 5
2021£163,500 £2,320 5
2020£154,820 £1,838 5
2019£136,333 £1,777 3
2018£138,929 £1,515 7
2017£130,306 £1,638 8
2016£124,033 £1,599 9
2015£103,667 £1,312 12
2014£107,714 £1,284 7
2013£102,333 £1,022 3
2012£87,667 £967 3
2011£99,806 £1,299 8
2010£159,995 £1,700 3
2009£150,236 £1,376 7
2008£140,313 £1,493 11
2007£147,026 £1,702 9
2006£110,227 £1,394 11
2005£107,250 £1,361 10
2004£99,620 £1,241 12
2003£63,400 £833 10
2002£58,838 £767 8
2001£54,500 £691 12
2000£45,742 £638 6
1999£43,250 £571 8
1998£38,950 £467 11
1997£33,471 £368 7
1996£49,132 £728 14
1995£39,690 £530 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2023£375,000 £3,929 2
2022£241,500 £2,391 1
2021£178,240 £2,817 5
2020£299,995 £3,472 1
2019£270,000 £2,288 1
2018£220,500 £2,112 4
2017£157,500 £1,731 1
2016£184,167 £2,257 3
2015£186,667 £1,846 3
2014£125,000 £2,775 1
2013£134,000 £2,974 1
2012£143,500 £2,512 3
2011£220,000 £1,773 2
2010£115,000 £1,264 1
2009£134,400 £2,641 5
2008£251,137 £2,029 5
2007£243,180 £2,025 12
2006£223,394 £1,905 13
2004£110,000 £1,904 2
2003£245,0001
2000£56,0001
1998£78,0001
1997£85,500 £486 2
1996£57,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£660,8001
2018£56,498 £869 1
2013£950 £9 1

House Type in B71 2NR area

The most common house types in the B71 2NR postcode area are Semi-detached (76), Flat (24), and Detached (3).

Total103
Semi-detached76
Flat24
Detached3
Terraced0
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 (53), and Social rented: Other social rented (18).

Social rented: Rents from council or Local Authority53
Social rented: Other social rented18
Owned: Owns with a mortgage or loan12
Owned: Owns outright11
Private rented: Private landlord or letting agency6
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B71 2NR have 1 person in household (52), and 2 people in household (32).

1 person in household52
2 people in household32
4 people in household9
3 people in household7
5 people in household1
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0