Housing Market Analysis for WATER LANE, B71 3SA

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £263,262 median price is £243,000 Standard Deviation is £177,929 with Total Sold: 4
    • The Last 5 Year average price is £438,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 134 WATER LANE: £395,000 (Sold on 24 Aug 2023)
    • The first recorded sale happened at this postcode is 138 WATER LANE: £91,000 (Sold on 29 Sep 2000)
  • Detached
    • The average price is around £164,167 median price is £150,000 Standard Deviation is £29,321 with Total Sold: 3
    • The most recent sale happened at this postcode is GREEN ACRES WATER LANE: £205,000 (Sold on 16 Aug 2013)
    • The first recorded sale happened at this postcode is THE WARREN WATER LANE: £137,500 (Sold on 16 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 3SA 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
2023£395,000 £2,423 1
2021£482,000 £2,252 1
2001£85,050 £397 1
2000£91,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£205,000 £1,814 1
2000£143,750 £1,403 2

All the Sales in the WATER LANE, B71 3SA

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

AddressSold DatePrice% Change
134 WATER LANESemi-Detached, FreeholdArea: 163 Sq.mtrAge: 1967-197524 Aug 2023£395,000First Sale
OAKWOOD WATER LANESemi-Detached, FreeholdArea: 214 Sq.mtrAge: 1996-200219 Mar 2021£482,000466.73%
18 May 2001£85,050First Sale
GREEN ACRES WATER LANEDetached, FreeholdArea: 113.04 Sq.mtrAge: 1983-199016 Aug 2013£205,000First Sale
138 WATER LANESemi-Detached, Freehold29 Sep 2000£91,000First Sale
TREES WATER LANEDetached, FreeholdArea: 106.95 Sq.mtrAge: 1967-197525 Aug 2000£150,000First Sale
THE WARREN WATER LANEDetached, Freehold16 Jun 2000£137,500First Sale

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

WATER LANE, B71 3SA Near By properties

Interactive Map

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

  • Detached
    • The average price is around £227,973 median price is £230,000 Standard Deviation is £88,828 with Total Sold: 240
    • The Last 5 Year average price is £337,969 with Total Sold: 39
    • 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 £116,400 median price is £108,000 Standard Deviation is £61,742 with Total Sold: 387
    • The Last 5 Year average price is £177,023 with Total Sold: 84
    • 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 £136,752 median price is £128,250 Standard Deviation is £72,407 with Total Sold: 288
    • The Last 5 Year average price is £249,625 with Total Sold: 32
    • The most recent sale happened at this postcode is , 33 HARTLAND ROAD: £185,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 83 HARTLAND ROAD: £49,500 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £93,928 median price is £98,975 Standard Deviation is £38,743 with Total Sold: 188
    • The Last 5 Year average price is £94,308 with Total Sold: 43
    • 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 £145,300 median price is £99,500 Standard Deviation is £107,015 with Total Sold: 5
    • The Last 5 Year average price is £132,333 with Total Sold: 3
    • 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£314,083 £2,643 3
2023£411,800 £3,728 5
2022£342,278 £3,042 9
2021£329,414 £2,908 11
2020£354,500 £3,122 3
2019£301,500 £2,464 8
2018£276,810 £2,765 15
2017£275,750 £2,645 8
2016£251,905 £2,528 11
2015£238,091 £2,253 11
2014£204,833 £2,477 6
2013£225,750 £1,938 8
2012£188,636 £2,084 7
2011£205,400 £1,847 5
2010£244,278 £1,851 7
2009£256,300 £1,919 5
2008£211,5003
2007£251,225 £2,104 4
2006£234,988 £1,488 4
2005£256,094 £2,103 9
2004£259,172 £1,921 28
2003£220,672 £1,938 14
2002£164,143 £1,827 7
2001£137,400 £1,218 5
2000£115,595 £1,293 10
1999£110,421 £1,045 7
1998£95,130 £1,071 5
1997£87,088 £941 8
1996£90,376 £824 7
1995£87,214 £720 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,5006
2023£202,630 £2,511 21
2022£198,293 £2,339 14
2021£166,789 £1,902 19
2020£151,364 £1,866 11
2019£143,662 £1,656 13
2018£143,667 £1,705 15
2017£127,781 £1,561 16
2016£112,379 £1,315 17
2015£112,876 £1,340 17
2014£108,591 £1,213 11
2013£109,722 £1,392 9
2012£92,250 £1,097 6
2011£121,707 £1,631 7
2010£106,357 £1,352 7
2009£91,155 £906 5
2008£111,388 £1,644 9
2007£110,671 £1,464 19
2006£119,175 £1,586 15
2005£112,250 £1,008 8
2004£151,384 £1,588 28
2003£147,715 £1,206 18
2002£64,446 £795 13
2001£45,872 £765 10
2000£47,868 £577 17
1999£53,620 £532 10
1998£42,800 £430 5
1997£43,884 £672 19
1996£46,761 £576 15
1995£39,429 £459 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£243,333 £2,821 3
2023£251,062 £2,639 8
2022£301,100 £3,303 5
2021£277,875 £2,431 8
2020£209,200 £2,199 5
2019£158,333 £1,958 3
2018£200,214 £2,211 7
2017£221,429 £2,186 7
2016£161,494 £1,818 8
2015£146,564 £1,636 7
2014£143,524 £1,605 19
2013£133,250 £1,319 12
2012£134,338 £1,582 7
2011£143,800 £1,636 5
2010£140,244 £1,632 8
2009£151,333 £1,965 3
2008£123,950 £1,305 9
2007£179,600 £1,871 23
2006£136,425 £1,527 16
2005£155,064 £1,694 7
2004£157,179 £1,515 18
2003£120,810 £1,267 14
2002£81,986 £1,077 14
2001£84,333 £656 9
2000£69,705 £748 10
1999£59,100 £743 9
1998£53,290 £626 5
1997£57,531 £710 8
1996£55,816 £737 25
1995£45,483 £487 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,833 £2,073 3
2023£98,430 £1,865 7
2022£107,400 £1,878 5
2021£93,917 £1,492 9
2020£84,143 £1,626 7
2019£93,542 £1,809 12
2018£104,400 £1,300 5
2017£74,958 £1,222 6
2016£64,167 £1,144 3
2015£73,390 £1,210 5
2014£95,000 £1,131 2
2013£70,750 £1,121 7
2012£83,000 £1,504 3
2011£76,667 £1,357 3
2010£49,032 £1,265 2
2009£56,000 £988 1
2008£93,888 £1,636 5
2007£105,438 £1,672 8
2006£84,582 £1,710 6
2005£114,465 £1,933 14
2004£133,224 £2,224 42
2003£85,917 £1,432 13
2002£35,817 £749 3
2001£28,940 £427 5
2000£34,9501
1999£33,9501
1998£34,500 £547 2
1997£29,238 £501 6
1996£28,0001
1995£25,000 £595 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£306,0001
2021£12,0001
2020£79,0001
2016£164,750 £2,150 2

House Type in B71 3SA area

The most common house types in the B71 3SA postcode area are Terraced (70), Detached (47), and Semi-detached (12).

Total131
Terraced70
Detached47
Semi-detached12
Flat2
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 (55), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright55
Owned: Owns with a mortgage or loan29
Social rented: Rents from council or Local Authority27
Private rented: Private landlord or letting agency15
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B71 3SA have 2 people in household (63), and 1 person in household (35).

2 people in household63
1 person in household35
3 people in household19
4 people in household9
5 people in household3
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0