Housing Market Analysis for GORSTY CLOSE, B71 3EB

Are you looking to understand B71 3EB 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 3EB area, explore the B71 3EB Area information page.
For comprehensive crime statistics in the B71 3EB area, explore the B71 3EB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B71 3EB postcode area, The average prices are as follows,

Terraced
- The average price is around £109,132 median price is £118,975 Standard Deviation is £40,900 with Total Sold: 20
- The Last 5 Year average price is £166,750 with Total Sold: 4
- The most recent sale happened at this postcode is 11 GORSTY CLOSE: £167,000 (Sold on 28 Feb 2023)
- The first recorded sale happened at this postcode is 17 GORSTY CLOSE: £170,000 (Sold on 07 Jun 2024)
Flat
- The average price is around £80,167 median price is £90,000 Standard Deviation is £15,707 with Total Sold: 3
- The Last 5 Year average price is £92,500 with Total Sold: 1
- The most recent sale happened at this postcode is 9 GORSTY CLOSE: £92,500 (Sold on 29 May 2020)
- The first recorded sale happened at this postcode is 27 GORSTY CLOSE: £58,000 (Sold on 07 Nov 2003)
Semi-Detached
- The average price is around £70,975 median price is £70,975 Standard Deviation is £26,025 with Total Sold: 2
- The most recent sale happened at this postcode is 18 GORSTY CLOSE: £97,000 (Sold on 14 Aug 2015)
- The first recorded sale happened at this postcode is 8 GORSTY CLOSE: £44,950 (Sold on 04 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 3EB 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
2023	£167,000	£2,930	1
2021	£165,000	£1,710	2
2017	£120,000	£1,412	1
2014	£119,000	£1,280	1
2011	£119,950	£1,205	1
2008	£124,995		1
2007	£112,833	£1,276	3
2006	£118,950		1
2005	£120,000	£1,205	1
2004	£104,500		2
1999	£56,625	£552	2
1998	£41,000	£422	1
1996	£46,000	£462	1
1995	£45,000	£450	1
2024	£170,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£92,500	£1,468	1
2019	£90,000	£1,557	1
2003	£58,000	£906	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£97,000	£1,054	1
2002	£44,950		1

All the Sales in the GORSTY CLOSE, B71 3EB

See the table below for more details on the sold house prices in the B71 3EB, Sandwell postcode.

Address	Sold Date	Price	% Change
11 GORSTY CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1967-1975	28 Feb 2023	£167,000	First Sale
2 GORSTY CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	26 Feb 2021	£170,000	277.78%
	15 Sep 1995	£45,000	First Sale
3 GORSTY CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-1966	22 Jan 2021	£160,000	34.45%
	28 Nov 2014	£119,000	0.85%
	19 Jan 2007	£118,000	First Sale
9 GORSTY CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	29 May 2020	£92,500	First Sale
27 GORSTY CLOSEFlat, LeaseholdArea: 57.82 Sq.mtrAge: 1950-1966	04 Nov 2019	£90,000	55.17%
	07 Nov 2003	£58,000	First Sale
15 GORSTY CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	31 Jul 2017	£120,000	10.09%
	17 Dec 2007	£109,000	First Sale
18 GORSTY CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	14 Aug 2015	£97,000	First Sale
1 GORSTY CLOSETerraced, FreeholdArea: 99.58 Sq.mtrAge: 1967-1975	17 Oct 2011	£119,950	-0.04%
	16 Aug 2005	£120,000	118.18%
	06 Dec 1999	£55,000	19.57%
	09 Dec 1996	£46,000	First Sale
19 GORSTY CLOSETerraced, Freehold	10 Jun 2008	£124,995	-0.80%
	13 Aug 2004	£126,000	116.31%
	16 Apr 1999	£58,250	First Sale
12 GORSTY CLOSETerraced, Freehold	31 Aug 2007	£111,500	First Sale
21 GORSTY CLOSETerraced, Freehold	18 Sep 2006	£118,950	43.31%
21 GORSTY CLOSETerraced, Freehold	02 Apr 2004	£83,000	First Sale
8 GORSTY CLOSESemi-Detached, Leasehold	04 Oct 2002	£44,950	First Sale
23 GORSTY CLOSETerraced, FreeholdArea: 97.18 Sq.mtrAge: 1967-1975	19 Jun 1998	£41,000	First Sale
17 GORSTY CLOSETerraced, Freehold	07 Jun 2024	£170,000	First Sale

Check out the sold house prices near the B71 3EB postcode. Properties currently for saleProperties currently for rent

GORSTY CLOSE, B71 3EB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B71 3EB 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 3EB postcode.

Flat
- The average price is around £54,612 median price is £37,500 Standard Deviation is £40,844 with Total Sold: 650
- The Last 5 Year average price is £65,528 with Total Sold: 110
- The most recent sale happened at this postcode is , 13 WYNDMILL CRESCENT: £125,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 53, BRIARLEY BEACON VIEW ROAD: £16,500 (Sold on 05 Jan 1995)
Detached
- The average price is around £218,311 median price is £220,000 Standard Deviation is £94,259 with Total Sold: 304
- The Last 5 Year average price is £323,761 with Total Sold: 47
- The most recent sale happened at this postcode is , 11 PENNYHILL LANE: £306,249 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 45 CHARLEMONT AVENUE: £90,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £115,112 median price is £106,500 Standard Deviation is £62,350 with Total Sold: 450
- The Last 5 Year average price is £185,791 with Total Sold: 82
- The most recent sale happened at this postcode is , 6 HARTLAND ROAD: £260,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 96 CHARLEMONT ROAD: £46,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £137,657 median price is £129,125 Standard Deviation is £72,360 with Total Sold: 526
- The Last 5 Year average price is £243,983 with Total Sold: 64
- The most recent sale happened at this postcode is , 5 FARM END CLOSE: £185,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 24 ALEXANDRA CRESCENT: £15,600 (Sold on 23 Jan 1995)
Other
- The average price is around £256,474 median price is £236,500 Standard Deviation is £162,551 with Total Sold: 12
- The Last 5 Year average price is £290,028 with Total Sold: 7
- The most recent sale happened at this postcode is , THE MILL BEACONVIEW ROAD: £518,186 (Sold on 10 Aug 2023)
- The first recorded sale happened at this postcode is , THE MILL BEACON VIEW ROAD: £243,000 (Sold on 30 Apr 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£79,197	£1,230	15
2023	£76,095	£1,341	18
2022	£79,000	£1,364	13
2021	£70,437	£1,099	20
2020	£50,334	£828	44
2019	£79,105	£1,455	19
2018	£59,957	£885	20
2017	£53,203	£862	16
2016	£38,688	£635	16
2015	£46,402	£819	21
2014	£38,509	£582	28
2013	£46,119	£771	21
2012	£46,300	£763	10
2011	£44,071	£754	14
2010	£34,320	£646	8
2009	£34,062	£577	8
2008	£55,902	£888	16
2007	£61,739	£956	23
2006	£44,393	£794	38
2005	£67,104	£1,130	35
2004	£95,997	£1,582	68
2003	£49,001	£767	33
2002	£21,726	£320	17
2001	£18,083	£261	29
2000	£15,971	£218	17
1999	£78,347	£1,378	38
1998	£16,500	£272	13
1997	£22,318	£360	10
1996	£16,707	£256	10
1995	£18,917	£307	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£320,062	£3,137	4
2023	£347,861	£3,402	11
2022	£345,416	£3,031	12
2021	£303,396	£2,776	14
2020	£286,250	£3,221	6
2019	£334,606	£2,532	9
2018	£277,244	£2,544	17
2017	£247,171	£2,197	14
2016	£222,932	£2,212	19
2015	£240,100	£2,211	10
2014	£201,000	£2,267	6
2013	£191,571	£1,607	7
2012	£172,167	£1,883	6
2011	£189,722	£1,889	9
2010	£225,421	£2,002	7
2009	£239,967	£1,739	6
2008	£171,921	£1,975	7
2007	£269,992	£2,160	7
2006	£233,333	£1,488	3
2005	£245,544	£1,852	9
2004	£250,640	£1,790	31
2003	£208,027	£1,735	17
2002	£163,328	£1,316	9
2001	£120,625	£1,291	4
2000	£109,631	£1,022	16
1999	£102,814	£1,013	14
1998	£89,206	£1,057	8
1997	£85,957	£941	7
1996	£81,398	£789	9
1995	£86,583	£583	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£179,714		7
2023	£209,090	£2,505	25
2022	£201,359	£2,349	17
2021	£167,738	£1,931	21
2020	£150,333	£1,850	12
2019	£142,240	£1,644	15
2018	£138,633	£1,675	15
2017	£126,886	£1,527	22
2016	£111,708	£1,296	19
2015	£114,272	£1,339	18
2014	£107,458	£1,213	12
2013	£109,250	£1,389	10
2012	£92,857	£1,075	7
2011	£126,025	£1,605	8
2010	£106,357	£1,352	7
2009	£97,253	£1,060	7
2008	£110,449	£1,583	10
2007	£115,557	£1,426	22
2006	£117,602	£1,553	16
2005	£111,778	£1,120	9
2004	£151,198	£1,588	29
2003	£145,944	£1,248	20
2002	£67,994	£744	18
2001	£46,988	£730	12
2000	£47,868	£577	17
1999	£58,900	£532	13
1998	£42,650	£389	10
1997	£41,412	£596	25
1996	£47,055	£562	19
1995	£44,369	£459	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,000	£2,821	4
2023	£256,840	£2,730	22
2022	£256,821	£2,909	14
2021	£263,791	£2,310	11
2020	£203,635	£2,070	13
2019	£180,333	£2,170	9
2018	£178,650	£1,998	14
2017	£207,961	£1,934	19
2016	£159,339	£1,702	19
2015	£143,397	£1,639	15
2014	£143,652	£1,528	23
2013	£135,600	£1,391	15
2012	£151,882	£1,653	18
2011	£156,706	£1,574	17
2010	£159,112	£1,663	13
2009	£158,938	£1,667	8
2008	£135,003	£1,286	17
2007	£175,939	£1,755	32
2006	£140,156	£1,462	24
2005	£152,877	£1,625	13
2004	£157,608	£1,491	21
2003	£123,186	£1,116	18
2002	£74,788	£887	20
2001	£85,248	£808	20
2000	£70,121	£722	19
1999	£63,340	£689	21
1998	£55,422	£587	15
1997	£61,635	£671	20
1996	£53,923	£670	34
1995	£49,958	£454	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£447,457		3
2021	£221,911		2
2020	£122,000	£1,500	2
2019	£135,000		1
2017	£340,000		1
2016	£164,750	£2,150	2
2015	£243,000		1

House Type in B71 3EB area

The most common house types in the B71 3EB postcode area are Terraced (70), Semi-detached (27), and Flat (20).

Total	117
Terraced	70
Semi-detached	27
Flat	20
Detached	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Social rented: Rents from council or Local Authority (33).

Owned: Owns outright	43
Social rented: Rents from council or Local Authority	33
Owned: Owns with a mortgage or loan	27
Private rented: Private landlord or letting agency	13
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B71 3EB have 2 people in household (37), and 1 person in household (34).

2 people in household	37
1 person in household	34
4 people in household	16
3 people in household	15
5 people in household	10
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0