Housing Market Analysis for SPENCER CLOSE, B71 3SD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £108,833 median price is £105,500 Standard Deviation is £39,291 with Total Sold: 6
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 SPENCER CLOSE: £170,000 (Sold on 17 Feb 2021)
    • The first recorded sale happened at this postcode is 15 SPENCER CLOSE: £45,000 (Sold on 03 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 3SD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£170,000 £1,954 1
2017£138,000 £1,586 1
2016£89,000 £1,047 1
2006£115,000 £1,322 1
2004£96,000 £1,090 1
1996£45,000 £474 1

All the Sales in the SPENCER CLOSE, B71 3SD

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

AddressSold DatePrice% Change
13 SPENCER CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-197517 Feb 2021£170,00023.19%
28 Jul 2017£138,00020.00%
02 Jun 2006£115,000First Sale
7 SPENCER CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-197529 Mar 2016£89,000First Sale
5 SPENCER CLOSETerraced, FreeholdArea: 88.1 Sq.mtrAge: 1976-198214 May 2004£96,000First Sale
15 SPENCER CLOSETerraced, FreeholdArea: 95 Sq.mtrAge: 1967-197503 May 1996£45,000First Sale

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

SPENCER CLOSE, B71 3SD Near By properties

Interactive Map

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

  • Detached
    • The average price is around £227,400 median price is £230,000 Standard Deviation is £93,261 with Total Sold: 195
    • The Last 5 Year average price is £341,719 with Total Sold: 31
    • 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)
  • Terraced
    • The average price is around £115,110 median price is £107,250 Standard Deviation is £58,160 with Total Sold: 360
    • The Last 5 Year average price is £170,017 with Total Sold: 76
    • 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 £130,925 median price is £123,500 Standard Deviation is £67,776 with Total Sold: 250
    • The Last 5 Year average price is £223,605 with Total Sold: 31
    • 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 , 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 £268,000 median price is £268,000 Standard Deviation is £38,000 with Total Sold: 2
    • The Last 5 Year average price is £306,000 with Total Sold: 1
    • 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£306,2491
2023£408,399 £3,768 5
2022£341,562 £3,134 8
2021£325,194 £3,030 8
2020£367,500 £3,559 2
2019£310,857 £2,506 7
2018£277,596 £2,683 12
2017£229,156 £2,141 9
2016£214,073 £2,465 11
2015£239,000 £2,144 9
2014£204,000 £2,562 4
2013£256,333 £1,779 3
2012£173,875 £1,921 4
2011£217,500 £1,839 3
2010£259,790 £2,042 5
2009£272,167 £2,274 3
2008£157,112 £2,061 4
2007£264,983 £2,163 3
2006£227,500 £1,488 2
2005£264,985 £2,011 7
2004£259,172 £1,921 28
2003£226,112 £1,938 13
2002£167,333 £1,827 6
2001£128,333 £1,377 3
2000£115,606 £1,230 9
1999£112,742 £897 6
1998£95,130 £1,071 5
1997£85,957 £941 7
1996£84,606 £814 6
1995£90,750 £716 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,5006
2023£192,539 £2,489 18
2022£189,500 £2,206 13
2021£157,882 £1,805 17
2020£144,833 £1,759 9
2019£143,662 £1,656 13
2018£136,393 £1,661 14
2017£126,278 £1,539 18
2016£111,708 £1,296 19
2015£112,876 £1,340 17
2014£100,650 £1,192 10
2013£109,722 £1,392 9
2012£92,857 £1,075 7
2011£121,707 £1,631 7
2010£106,357 £1,352 7
2009£82,944 £906 4
2008£101,142 £1,623 7
2007£122,650 £1,464 15
2006£116,616 £1,593 14
2005£112,250 £1,008 8
2004£151,874 £1,656 25
2003£154,699 £1,206 17
2002£67,900 £795 12
2001£50,091 £765 8
2000£45,891 £577 16
1999£49,469 £467 8
1998£42,800 £430 5
1997£44,877 £672 18
1996£47,070 £576 13
1995£39,667 £459 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,667 £2,821 3
2023£240,499 £2,405 9
2022£255,299 £2,789 5
2021£251,333 £2,105 6
2020£183,551 £2,013 5
2019£158,333 £1,958 3
2018£152,449 £1,715 8
2017£173,438 £1,948 8
2016£135,871 £1,496 12
2015£138,556 £1,501 8
2014£134,267 £1,505 15
2013£129,111 £1,364 9
2012£111,250 £1,242 4
2011£143,800 £1,636 5
2010£148,158 £1,730 6
2009£150,000 £2,180 2
2008£125,617 £1,228 9
2007£178,728 £1,861 21
2006£131,632 £1,492 14
2005£129,362 £1,816 4
2004£154,204 £1,529 16
2003£107,144 £1,035 10
2002£76,567 £1,038 12
2001£86,350 £397 3
2000£69,705 £748 10
1999£55,150 £761 6
1998£42,483 £451 3
1997£57,531 £710 8
1996£53,427 £711 22
1995£43,225 £458 4
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
2016£230,000 £2,150 1

House Type in B71 3SD area

The most common house types in the B71 3SD 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 3SD 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