Housing Market Analysis for HEREFORD PLACE, B71 2RR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £55,612 median price is £42,250 Standard Deviation is £25,702 with Total Sold: 4
    • The Last 5 Year average price is £100,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 HEREFORD PLACE: £100,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 5 HEREFORD PLACE: £37,950 (Sold on 11 Apr 2003)
  • Semi-Detached
    • The average price is around £86,856 median price is £87,000 Standard Deviation is £49,145 with Total Sold: 8
    • The most recent sale happened at this postcode is 1 HEREFORD PLACE: £195,000 (Sold on 16 Dec 2016)
    • The first recorded sale happened at this postcode is 23 HEREFORD PLACE: £32,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 2RR 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
2022£100,000 £2,041 1
2013£43,500 £888 1
2003£39,475 £790 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£195,000 £1,219 1
2010£90,000 £968 1
2006£84,000 £903 1
2005£103,425 £609 2
2001£54,0001
1999£33,000 £236 1
1995£32,0001

All the Sales in the HEREFORD PLACE, B71 2RR

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

AddressSold DatePrice% Change
5 HEREFORD PLACEFlat, LeaseholdArea: 49 Sq.mtrAge: 1950-196630 Sep 2022£100,000129.89%
29 Nov 2013£43,5006.10%
29 Oct 2003£41,0008.04%
11 Apr 2003£37,950First Sale
1 HEREFORD PLACESemi-Detached, FreeholdArea: 160 Sq.mtrAge: 1950-196616 Dec 2016£195,000100.00%
27 Jan 2005£97,500First Sale
24 HEREFORD PLACESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196623 Sep 2010£90,0007.14%
29 Sep 2006£84,000First Sale
2 HEREFORD PLACESemi-Detached, Freehold16 Dec 2005£109,350102.50%
26 Jan 2001£54,000First Sale
18 HEREFORD PLACESemi-Detached, FreeholdArea: 140 Sq.mtrAge: 1930-194923 Aug 1999£33,000First Sale
23 HEREFORD PLACESemi-Detached, Freehold12 May 1995£32,000First Sale

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

HEREFORD PLACE, B71 2RR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £100,561 median price is £98,000 Standard Deviation is £50,294 with Total Sold: 543
    • The Last 5 Year average price is £171,334 with Total Sold: 81
    • The most recent sale happened at this postcode is , 12 KENT CLOSE: £196,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 COLES LANE: £38,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £104,419 median price is £102,000 Standard Deviation is £52,876 with Total Sold: 992
    • The Last 5 Year average price is £177,482 with Total Sold: 177
    • The most recent sale happened at this postcode is , 98 COLES LANE: £175,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 28 LEACROFT GROVE: £52,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £83,723 median price is £84,630 Standard Deviation is £31,256 with Total Sold: 93
    • The Last 5 Year average price is £84,283 with Total Sold: 23
    • The most recent sale happened at this postcode is , 146 WITTON LANE: £65,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 54 WITTON LANE: £20,000 (Sold on 29 Jun 1995)
  • Detached
    • The average price is around £128,785 median price is £125,000 Standard Deviation is £58,118 with Total Sold: 168
    • The Last 5 Year average price is £208,625 with Total Sold: 16
    • The most recent sale happened at this postcode is , 4 HILL TOP: £240,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is , 21 TROTTERS LANE: £60,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £107,734 median price is £70,000 Standard Deviation is £102,864 with Total Sold: 13
    • The Last 5 Year average price is £170,256 with Total Sold: 6
    • The most recent sale happened at this postcode is , 113A HILL TOP: £320,000 (Sold on 19 Jul 2023)
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,192 £2,816 13
2023£200,925 £2,578 16
2022£184,000 £2,428 11
2021£152,464 £1,987 14
2020£138,046 £1,731 13
2019£145,904 £1,892 14
2018£149,794 £1,803 17
2017£125,833 £1,639 15
2016£120,276 £1,594 19
2015£108,476 £1,438 21
2014£118,822 £1,329 20
2013£103,500 £1,255 6
2012£90,500 £1,117 8
2011£101,622 £1,320 20
2010£103,904 £1,275 11
2009£100,286 £1,328 7
2008£130,666 £1,551 23
2007£123,706 £1,608 34
2006£103,954 £1,386 24
2005£98,060 £1,280 25
2004£88,966 £1,278 21
2003£68,426 £953 23
2002£64,894 £887 25
2001£56,062 £781 33
2000£44,863 £634 19
1999£50,076 £748 45
1998£42,124 £588 12
1997£33,107 £326 7
1996£47,962 £667 17
1995£39,960 £428 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,417 £2,698 12
2023£205,167 £2,579 29
2022£199,462 £2,410 37
2021£177,025 £2,308 40
2020£151,368 £1,913 31
2019£139,070 £1,882 28
2018£135,229 £1,742 26
2017£128,215 £1,695 23
2016£125,617 £1,516 30
2015£109,619 £1,440 29
2014£114,694 £1,489 25
2013£103,895 £1,330 22
2012£115,067 £1,257 15
2011£105,385 £1,311 26
2010£99,981 £1,338 26
2009£100,756 £1,261 23
2008£125,383 £1,383 24
2007£115,804 £1,502 56
2006£115,081 £1,396 60
2005£109,772 £1,246 46
2004£102,266 £1,371 44
2003£82,034 £960 37
2002£65,113 £787 52
2001£54,499 £694 52
2000£45,562 £609 53
1999£44,263 £597 33
1998£53,401 £742 25
1997£44,776 £540 25
1996£43,444 £572 35
1995£41,677 £456 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,0001
2023£134,250 £1,816 4
2022£87,000 £1,764 4
2021£67,500 £1,530 5
2020£71,625 £1,368 4
2019£72,900 £1,326 5
2018£70,250 £1,555 4
2017£87,000 £1,598 1
2016£91,000 £1,276 1
2015£90,333 £1,650 3
2014£39,667 £998 3
2013£43,500 £888 1
2012£56,250 £1,428 2
2011£35,000 £921 1
2010£63,000 £1,260 1
2009£40,000 £815 1
2008£110,000 £1,960 2
2007£110,187 £2,044 24
2006£87,795 £1,780 18
2005£42,000 £1,105 1
2003£37,238 £822 4
2000£27,000 £562 1
1997£22,000 £611 1
1995£20,000 £556 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,0001
2023£252,667 £2,405 3
2022£218,333 £2,564 3
2021£166,667 £2,373 3
2020£175,000 £2,472 2
2019£208,750 £2,497 4
2018£191,875 £2,069 8
2017£152,500 £1,437 2
2016£128,417 £1,700 3
2015£151,171 £1,792 7
2014£145,667 £1,903 3
2013£138,000 £2,156 1
2012£158,500 £1,770 3
2010£114,000 £1,156 5
2009£134,840 £1,397 5
2008£208,917 £2,919 6
2007£155,577 £1,693 13
2006£146,809 £1,763 16
2005£129,833 £882 6
2004£110,500 £902 2
2003£125,041 £928 11
2002£96,225 £1,063 4
2001£88,322 £1,069 27
2000£75,485 £764 17
1999£50,250 £524 4
1997£49,500 £609 3
1996£51,400 £641 5
1995£60,000 £426 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£235,000 £3,556 2
2022£47,000 £318 2
2020£162,5371
2019£295,0001
2018£87,1272
2017£9,4002
2016£70,0001
2015£115,0001
2013£950 £9 1

House Type in B71 2RR area

The most common house types in the B71 2RR postcode area are Semi-detached (74), Terraced (42), and Flat (23).

Total143
Semi-detached74
Terraced42
Flat23
Detached3
Shared house1
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 (45), and Social rented: Other social rented (31).

Social rented: Rents from council or Local Authority45
Social rented: Other social rented31
Owned: Owns outright30
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the B71 2RR have 1 person in household (53), and 2 people in household (46).

1 person in household53
2 people in household46
3 people in household17
4 people in household16
5 people in household7
6 people in household3
7 people in household1
8 or more people in household1
0 people in household0