Housing Market Analysis for B71 3LR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B71 3LR 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.

    All the Sales in the B71 3LR

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

    AddressSold DatePrice% Change

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

    B71 3LR Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £46,082 median price is £35,000 Standard Deviation is £34,066 with Total Sold: 554
      • The Last 5 Year average price is £61,518 with Total Sold: 106
      • 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 £184,800 median price is £175,000 Standard Deviation is £92,486 with Total Sold: 222
      • The Last 5 Year average price is £298,265 with Total Sold: 45
      • 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 , 45 CHARLEMONT AVENUE: £90,000 (Sold on 06 Jan 1995)
    • Terraced
      • The average price is around £97,781 median price is £92,000 Standard Deviation is £57,615 with Total Sold: 291
      • The Last 5 Year average price is £175,647 with Total Sold: 51
      • The most recent sale happened at this postcode is , 95 CARRINGTON ROAD: £200,000 (Sold on 31 May 2024)
      • The first recorded sale happened at this postcode is , 10 NEEDWOOD GROVE: £13,530 (Sold on 27 Feb 1995)
    • Semi-Detached
      • The average price is around £124,228 median price is £115,000 Standard Deviation is £66,051 with Total Sold: 835
      • The Last 5 Year average price is £206,666 with Total Sold: 164
      • The most recent sale happened at this postcode is , 30 ASBURY ROAD: £178,000 (Sold on 30 Apr 2024)
      • The first recorded sale happened at this postcode is , 82 HALL GREEN ROAD: £61,000 (Sold on 20 Jan 1995)
    • Other
      • The average price is around £470,477 median price is £305,000 Standard Deviation is £835,373 with Total Sold: 19
      • The Last 5 Year average price is £279,244 with Total Sold: 9
      • 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 10, THE HEIGHTS WALSALL ROAD: £3,960,000 (Sold on 07 Mar 2014)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£80,430 £1,095 15
    2023£66,093 £1,184 13
    2022£78,461 £1,345 13
    2021£56,807 £872 13
    2020£45,780 £766 40
    2019£72,125 £1,130 12
    2018£58,482 £938 20
    2017£73,293 £1,164 23
    2016£81,088 £1,259 40
    2015£40,735 £714 17
    2014£39,223 £613 28
    2013£34,570 £619 15
    2012£33,556 £539 9
    2011£32,850 £578 10
    2010£34,320 £646 8
    2009£30,929 £518 7
    2008£38,636 £588 11
    2007£41,941 £687 17
    2006£38,399 £686 35
    2005£35,245 £601 21
    2004£36,776 £628 27
    2003£25,955 £417 21
    2002£20,369 £294 16
    2001£16,440 £238 26
    2000£13,437 £218 15
    1999£77,941 £1,378 38
    1998£19,567 £316 15
    1997£16,393 £260 7
    1996£16,707 £256 10
    1995£18,917 £307 12
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£342,333 £3,249 6
    2023£305,640 £2,884 7
    2022£315,045 £3,270 11
    2021£259,417 £2,603 12
    2020£259,214 £2,979 7
    2019£417,725 £2,623 2
    2018£246,714 £2,284 7
    2017£258,857 £2,313 7
    2016£215,457 £2,004 14
    2015£192,820 £2,293 5
    2014£179,000 £1,761 10
    2013£145,331 £1,582 5
    2012£162,500 £1,590 3
    2011£179,944 £1,969 9
    2010£170,333 £2,068 3
    2009£202,260 £1,283 5
    2008£182,050 £2,044 10
    2007£230,142 £2,174 7
    2006£226,667 £1,577 3
    2005£240,576 £1,494 5
    2004£182,286 £1,344 7
    2003£138,119 £1,189 8
    2002£127,928 £1,170 9
    2001£93,625 £1,090 4
    2000£94,660 £911 10
    1999£92,830 £1,065 15
    1998£80,199 £966 5
    1997£72,250 £703 2
    1996£71,150 £786 6
    1995£78,083 £804 18
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£160,5002
    2023£227,000 £2,615 8
    2022£191,089 £2,406 11
    2021£167,458 £2,068 12
    2020£152,450 £2,081 10
    2019£148,125 £1,893 8
    2018£129,293 £1,572 14
    2017£130,227 £1,630 11
    2016£108,500 £1,385 9
    2015£105,443 £1,364 15
    2014£116,992 £1,311 6
    2013£89,375 £978 4
    2012£103,438 £1,420 8
    2011£116,083 £1,525 3
    2009£91,869 £1,103 8
    2008£109,551 £1,416 7
    2007£102,654 £1,250 23
    2006£108,433 £1,305 6
    2005£84,889 £1,244 9
    2004£96,235 £1,123 10
    2003£91,439 £1,184 9
    2002£59,433 £645 15
    2001£34,106 £472 9
    2000£41,554 £511 14
    1999£52,153 £560 16
    1998£36,097 £377 15
    1997£39,969 £421 8
    1996£44,548 £442 9
    1995£43,407 £490 12
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£204,000 £3,109 11
    2023£235,245 £2,701 31
    2022£235,671 £2,812 35
    2021£199,874 £2,324 34
    2020£180,717 £2,157 30
    2019£169,174 £2,102 23
    2018£166,317 £1,978 29
    2017£175,487 £1,745 27
    2016£147,067 £1,703 26
    2015£138,510 £1,680 21
    2014£121,748 £1,483 22
    2013£121,869 £1,435 21
    2012£122,049 £1,442 35
    2011£136,921 £1,394 26
    2010£135,704 £1,425 18
    2009£132,022 £1,415 20
    2008£151,047 £1,733 20
    2007£123,856 £1,311 34
    2006£121,776 £1,465 33
    2005£119,341 £1,465 30
    2004£112,067 £1,217 35
    2003£94,243 £1,003 29
    2002£63,745 £765 33
    2001£75,223 £810 26
    2000£52,273 £602 30
    1999£58,255 £569 29
    1998£52,263 £586 27
    1997£53,996 £518 24
    1996£52,389 £565 28
    1995£50,280 £643 48
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£351,5934
    2021£303,411 £3,431 2
    2020£182,5002
    2019£135,0001
    2018£315,000 £4,145 2
    2017£271,250 £3,719 4
    2016£160,000 £2,456 1
    2015£243,0001
    2014£2,153,938 £34,189 2

    House Type in B71 3LR area

    The most common house types in the B71 3LR postcode area are Flat (94), Semi-detached (41), and Terraced (27).

    Total170
    Flat94
    Semi-detached41
    Terraced27
    Detached4
    converted building2
    Shared house1
    commercial building1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (57), and Social rented: Rents from council or Local Authority (47).

    Private rented: Private landlord or letting agency57
    Social rented: Rents from council or Local Authority47
    Owned: Owns outright28
    Owned: Owns with a mortgage or loan24
    Social rented: Other social rented11
    Lives rent free3
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the B71 3LR have 1 person in household (71), and 2 people in household (46).

    1 person in household71
    2 people in household46
    3 people in household26
    4 people in household24
    5 people in household4
    6 people in household2
    7 people in household1
    0 people in household0
    8 or more people in household0