Housing Market Analysis for PENNYHILL LANE, B71 3RN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £224,975 median price is £224,975 Standard Deviation is £65,025 with Total Sold: 2
    • The Last 5 Year average price is £290,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 PENNYHILL LANE: £290,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 3 PENNYHILL LANE: £159,950 (Sold on 31 Jul 2014)
  • Detached
    • The average price is around £193,983 median price is £236,950 Standard Deviation is £70,194 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 PENNYHILL LANE: £236,950 (Sold on 10 Jun 2016)
    • The first recorded sale happened at this postcode is 9 PENNYHILL LANE: £95,000 (Sold on 29 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 3RN 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
2021£290,000 £2,900 1
2014£159,950 £2,051 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£236,950 £3,159 1
2005£250,0001
1997£95,0001

All the Sales in the PENNYHILL LANE, B71 3RN

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

AddressSold DatePrice% Change
1 PENNYHILL LANESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1950-196630 Jun 2021£290,000First Sale
5 PENNYHILL LANEDetached, FreeholdArea: 75 Sq.mtrAge: 1950-196610 Jun 2016£236,950First Sale
3 PENNYHILL LANESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-197531 Jul 2014£159,950First Sale
9 PENNYHILL LANEDetached, Freehold04 Jul 2005£250,000163.16%
29 Sep 1997£95,000First Sale

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

PENNYHILL LANE, B71 3RN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £221,861 median price is £227,495 Standard Deviation is £91,629 with Total Sold: 334
    • The Last 5 Year average price is £328,611 with Total Sold: 54
    • 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 , 35 HEATH LANE: £56,000 (Sold on 17 Mar 1995)
  • Semi-Detached
    • The average price is around £134,098 median price is £127,000 Standard Deviation is £69,763 with Total Sold: 568
    • The Last 5 Year average price is £214,085 with Total Sold: 94
    • The most recent sale happened at this postcode is , 23 THURSFIELD ROAD: £200,000 (Sold on 23 Aug 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 £126,709 median price is £122,000 Standard Deviation is £69,502 with Total Sold: 335
    • The Last 5 Year average price is £195,639 with Total Sold: 65
    • 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)
  • Flat
    • The average price is around £109,597 median price is £114,995 Standard Deviation is £35,896 with Total Sold: 138
    • The Last 5 Year average price is £96,295 with Total Sold: 33
    • The most recent sale happened at this postcode is , 64 BEACONVIEW ROAD: £85,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 94 BEACON VIEW ROAD: £25,000 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £411,007 median price is £170,000 Standard Deviation is £486,303 with Total Sold: 11
    • The Last 5 Year average price is £510,000 with Total Sold: 6
    • The most recent sale happened at this postcode is GARAGE, 64 PENNYHILL LANE: £306,000 (Sold on 21 Jun 2023)
    • The first recorded sale happened at this postcode is , 78 PENNYHILL LANE: £230,000 (Sold on 29 Jan 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£332,312 £2,643 4
2023£390,750 £3,431 8
2022£382,545 £3,151 11
2021£299,500 £2,742 15
2020£284,850 £2,648 5
2019£287,727 £2,442 11
2018£278,953 £2,678 18
2017£284,000 £2,594 13
2016£255,132 £2,413 14
2015£232,462 £2,177 13
2014£209,455 £2,220 11
2013£200,773 £1,689 11
2012£178,828 £1,989 9
2011£214,994 £1,890 8
2010£229,150 £1,917 12
2009£247,742 £1,725 6
2008£196,1254
2007£233,690 £1,870 10
2006£233,495 £1,763 10
2005£246,654 £1,813 12
2004£249,776 £1,769 32
2003£218,570 £1,713 18
2002£163,222 £1,827 9
2001£142,161 £1,184 9
2000£112,527 £1,084 15
1999£103,044 £982 9
1998£94,517 £907 9
1997£87,088 £941 8
1996£88,375 £744 12
1995£82,062 £694 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,429 £2,821 7
2023£253,778 £2,780 18
2022£252,036 £2,901 14
2021£240,156 £2,281 16
2020£170,563 £2,053 23
2019£163,375 £2,012 16
2018£172,964 £2,085 14
2017£174,905 £1,948 22
2016£158,262 £1,830 16
2015£156,458 £1,676 26
2014£143,260 £1,608 21
2013£125,809 £1,401 22
2012£150,944 £1,623 18
2011£138,772 £3,237 20
2010£162,128 £1,653 18
2009£135,545 £1,346 11
2008£121,694 £1,248 17
2007£164,302 £1,605 22
2006£136,670 £1,487 23
2005£139,878 £1,317 18
2004£141,970 £1,469 24
2003£117,618 £1,216 30
2002£88,856 £965 18
2001£72,394 £704 25
2000£62,352 £635 21
1999£55,414 £588 18
1998£55,859 £665 17
1997£53,676 £632 16
1996£50,287 £577 19
1995£40,875 £472 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,0001
2023£235,504 £2,582 11
2022£205,033 £6,026 15
2021£200,571 £2,277 14
2020£173,542 £2,033 12
2019£158,333 £1,660 12
2018£165,167 £1,909 15
2017£145,615 £1,567 13
2016£133,400 £1,534 5
2015£124,405 £1,462 11
2014£111,409 £1,166 11
2013£106,667 £1,243 9
2012£105,622 £1,158 9
2011£155,850 £3,489 11
2010£167,713 £3,225 15
2009£111,357 £1,263 7
2008£132,564 £1,901 7
2007£109,829 £1,586 14
2006£102,414 £1,264 11
2005£119,095 £1,623 10
2004£159,232 £1,515 24
2003£162,463 £1,611 17
2002£55,089 £491 9
2001£61,343 £725 15
2000£43,405 £525 11
1999£68,214 £803 7
1998£40,606 £431 9
1997£32,938 £329 9
1996£36,545 £326 14
1995£38,357 £523 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,833 £2,073 3
2023£101,100 £1,792 5
2022£94,000 £2,016 3
2021£110,964 £6,631 7
2020£81,700 £1,658 5
2019£93,250 £1,856 10
2018£129,000 £1,464 3
2017£86,125 £1,599 4
2016£51,000 £1,186 1
2015£108,742 £1,405 6
2014£120,000 £1,132 1
2013£78,325 £1,155 4
2012£104,500 £1,935 2
2011£66,667 £1,236 3
2010£113,967 £21,602 3
2008£116,650 £1,876 3
2007£112,583 £1,881 6
2006£84,582 £1,710 6
2005£121,396 £2,116 12
2004£138,114 £2,251 39
2003£128,328 £2,311 6
2002£34,633 £856 3
1997£24,500 £562 1
1996£28,0001
1995£25,000 £595 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£306,0001
2021£12,0001
2020£685,500 £7,556 4
2018£480,788 £1,919 2
2017£170,0001
2016£164,750 £2,150 2

House Type in B71 3RN area

The most common house types in the B71 3RN postcode area are Detached (66), Semi-detached (42), and Terraced (38).

Total158
Detached66
Semi-detached42
Terraced38
Flat11
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright81
Owned: Owns with a mortgage or loan51
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency11
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B71 3RN have 2 people in household (53), and 1 person in household (35).

2 people in household53
1 person in household35
3 people in household27
4 people in household24
5 people in household13
6 people in household7
7 people in household1
0 people in household0
8 or more people in household0