Housing Market Analysis for PENNYHILL LANE, B71 3RX

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £255,000 median price is £255,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 39 PENNYHILL LANE: £255,000 (Sold on 31 May 2018)
    • The first recorded sale happened at this postcode is 39 PENNYHILL LANE: £255,000 (Sold on 31 May 2018)
  • Semi-Detached
    • The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 41 PENNYHILL LANE: £60,000 (Sold on 02 Nov 2001)
    • The first recorded sale happened at this postcode is 41 PENNYHILL LANE: £60,000 (Sold on 02 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 3RX 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£255,000 £1,821 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£60,0001

All the Sales in the PENNYHILL LANE, B71 3RX

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

AddressSold DatePrice% Change
39 PENNYHILL LANEDetached, FreeholdArea: 140 Sq.mtrAge: 1967-197531 May 2018£255,000First Sale
41 PENNYHILL LANESemi-Detached, Freehold02 Nov 2001£60,000First Sale

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

PENNYHILL LANE, B71 3RX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £222,632 median price is £228,995 Standard Deviation is £91,509 with Total Sold: 299
    • The Last 5 Year average price is £335,100 with Total Sold: 48
    • 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 , 33 PENNYHILL LANE: £84,500 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £132,389 median price is £125,000 Standard Deviation is £68,286 with Total Sold: 455
    • The Last 5 Year average price is £223,032 with Total Sold: 63
    • 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 , 86 HOLLYHEDGE ROAD: £63,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £114,887 median price is £109,000 Standard Deviation is £62,962 with Total Sold: 374
    • The Last 5 Year average price is £179,462 with Total Sold: 73
    • 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 £108,909 median price is £114,995 Standard Deviation is £33,110 with Total Sold: 131
    • The Last 5 Year average price is £94,070 with Total Sold: 32
    • 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 £328,278 median price is £165,000 Standard Deviation is £501,360 with Total Sold: 9
    • The Last 5 Year average price is £458,000 with Total Sold: 5
    • 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£313,750 £2,643 3
2023£390,750 £3,431 8
2022£355,550 £3,118 10
2021£330,296 £2,871 12
2020£333,375 £2,990 4
2019£287,727 £2,442 11
2018£274,509 £2,717 16
2017£283,100 £2,755 10
2016£254,492 £2,438 12
2015£232,462 £2,177 13
2014£205,400 £2,284 10
2013£200,773 £1,689 11
2012£182,556 £2,084 8
2011£205,400 £1,847 5
2010£234,987 £1,910 8
2009£262,290 £1,909 5
2008£196,1254
2007£233,690 £1,870 10
2006£232,217 £1,763 9
2005£257,484 £1,981 10
2004£254,414 £1,820 31
2003£223,783 £1,852 17
2002£164,250 £1,827 8
2001£137,136 £1,184 7
2000£110,915 £1,085 13
1999£103,044 £982 9
1998£93,206 £907 8
1997£87,088 £941 8
1996£89,875 £737 12
1995£85,786 £744 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£231,400 £2,821 5
2023£239,656 £2,717 16
2022£252,550 £2,855 10
2021£263,455 £2,356 11
2020£185,000 £2,187 11
2019£160,100 £1,994 10
2018£179,292 £2,091 12
2017£184,229 £1,995 17
2016£163,285 £1,842 13
2015£151,945 £1,702 20
2014£157,997 £1,717 16
2013£125,659 £1,381 22
2012£135,364 £1,654 11
2011£132,536 £1,490 14
2010£135,033 £1,534 12
2009£131,600 £1,373 10
2008£122,862 £1,170 16
2007£177,479 £1,661 17
2006£131,924 £1,493 21
2005£151,482 £1,379 14
2004£145,353 £1,465 22
2003£115,662 £1,216 28
2002£84,579 £962 17
2001£75,328 £688 18
2000£66,467 £642 18
1999£54,347 £598 15
1998£58,064 £640 14
1997£54,344 £661 14
1996£50,994 £640 17
1995£43,661 £494 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£184,0005
2023£205,716 £2,380 15
2022£201,115 £2,357 13
2021£177,472 £2,015 18
2020£145,692 £1,748 13
2019£154,667 £1,610 9
2018£147,719 £1,665 16
2017£131,615 £1,536 13
2016£113,875 £1,307 12
2015£122,919 £1,479 13
2014£111,208 £1,251 12
2013£104,556 £1,249 9
2012£88,938 £1,105 8
2011£117,136 £1,406 7
2010£128,100 £1,619 5
2009£105,753 £1,067 7
2008£120,135 £1,790 7
2007£112,400 £1,480 19
2006£107,423 £1,368 13
2005£115,371 £1,390 12
2004£148,502 £1,455 29
2003£156,043 £1,611 19
2002£59,185 £718 10
2001£55,065 £705 17
2000£43,168 £512 17
1999£48,594 £580 8
1998£43,207 £444 7
1997£39,962 £491 16
1996£41,062 £435 16
1995£40,222 £505 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,833 £2,073 3
2023£98,875 £1,730 4
2022£101,000 £2,284 2
2021£102,792 £1,648 6
2020£83,500 £1,626 6
2019£92,955 £1,829 11
2018£129,000 £1,464 3
2017£94,500 £1,755 3
2016£51,000 £1,186 1
2015£80,490 £1,405 5
2014£120,000 £1,132 1
2013£78,325 £1,155 4
2012£104,500 £1,935 2
2011£75,000 £1,390 2
2010£65,000 £1,585 1
2008£116,650 £1,876 3
2007£112,583 £1,881 6
2006£84,582 £1,710 6
2005£125,614 £2,116 11
2004£138,114 £2,251 39
2003£118,281 £2,030 7
2002£34,475 £856 2
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£657,333 £8,072 3
2018£165,000 £1,919 1
2017£170,0001
2016£164,750 £2,150 2

House Type in B71 3RX area

The most common house types in the B71 3RX postcode area are Detached (143), Flat (49), and Terraced (22).

Total223
Detached143
Flat49
Terraced22
Semi-detached9
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (106), and Owned: Owns with a mortgage or loan (67).

Owned: Owns outright106
Owned: Owns with a mortgage or loan67
Private rented: Private landlord or letting agency30
Social rented: Rents from council or Local Authority15
Social rented: Other social rented3
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 3RX have 2 people in household (87), and 1 person in household (63).

2 people in household87
1 person in household63
4 people in household34
3 people in household30
5 people in household10
6 people in household3
8 or more people in household1
0 people in household0
7 people in household0