Housing Market Analysis for SALTERS LANE, B71 4BG

Are you looking to understand B71 4BG 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 4BG area, explore the B71 4BG Area information page.
For comprehensive crime statistics in the B71 4BG area, explore the B71 4BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B71 4BG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £284,000 median price is £290,000 Standard Deviation is £105,565 with Total Sold: 5
    • The Last 5 Year average price is £400,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1B SALTERS LANE: £415,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is 1B SALTERS LANE: £165,000 (Sold on 11 May 2001)
  • Terraced
    • The average price is around £254,000 median price is £254,000 Standard Deviation is £72,000 with Total Sold: 2
    • The Last 5 Year average price is £326,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 SALTERS LANE: £326,000 (Sold on 28 Jul 2021)
    • The first recorded sale happened at this postcode is 7 SALTERS LANE: £182,000 (Sold on 17 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 4BG 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
2024£415,0001
2023£385,000 £4,375 1
2011£290,000 £2,264 1
2001£165,000 £1,587 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£326,000 £3,747 1
2007£182,000 £2,092 1

All the Sales in the SALTERS LANE, B71 4BG

See the table below for more details on the sold house prices in the B71 4BG, Sandwell postcode.

AddressSold DatePrice% Change
1B SALTERS LANEDetached, Freehold23 Jul 2024£415,00043.10%
30 Jun 2011£290,00075.76%
11 May 2001£165,000First Sale
1A SALTERS LANEDetached, FreeholdArea: 88 Sq.mtrAge: 1996-200226 May 2023£385,000133.33%
05 Oct 2001£165,000First Sale
7 SALTERS LANETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-197528 Jul 2021£326,00079.12%
17 Aug 2007£182,000First Sale

Check out the sold house prices near the B71 4BG postcode. Properties currently for saleProperties currently for rent

SALTERS LANE, B71 4BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B71 4BG 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 4BG postcode.

  • Semi-Detached
    • The average price is around £118,513 median price is £117,500 Standard Deviation is £62,751 with Total Sold: 370
    • The Last 5 Year average price is £195,050 with Total Sold: 52
    • The most recent sale happened at this postcode is , 19 SHERIDAN STREET: £160,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 27 GRAFTON ROAD: £52,000 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £92,132 median price is £94,000 Standard Deviation is £50,262 with Total Sold: 157
    • The Last 5 Year average price is £155,629 with Total Sold: 19
    • The most recent sale happened at this postcode is , 2 SLAITHWAITE ROAD: £160,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 50 ST CLEMENTS LANE: £37,800 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £221,660 median price is £200,000 Standard Deviation is £112,453 with Total Sold: 124
    • The Last 5 Year average price is £337,885 with Total Sold: 26
    • The most recent sale happened at this postcode is , 1B SALTERS LANE: £415,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 7 WOODWARD STREET: £103,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £68,965 median price is £74,950 Standard Deviation is £25,345 with Total Sold: 43
    • The Last 5 Year average price is £93,072 with Total Sold: 9
    • The most recent sale happened at this postcode is , 28 ST CLEMENTS LANE: £100,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 1 WITHERS WAY: £12,700 (Sold on 24 Oct 1995)
  • Other
    • The average price is around £232,500 median price is £222,500 Standard Deviation is £168,690 with Total Sold: 4
    • The Last 5 Year average price is £360,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 15 ALBION FIELD DRIVE: £240,000 (Sold on 12 Jul 2023)
    • The first recorded sale happened at this postcode is , 7 STONEY LANE: £5,000 (Sold on 07 Dec 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£218,750 £3,333 4
2023£210,286 £2,374 7
2022£225,508 £2,645 13
2021£192,346 £2,056 13
2020£177,700 £1,902 5
2019£147,500 £1,576 10
2018£170,540 £1,747 10
2017£155,893 £1,684 14
2016£157,079 £1,541 14
2015£163,969 £1,706 16
2014£132,250 £1,374 10
2013£136,455 £1,379 11
2012£134,833 £1,439 6
2011£135,903 £1,535 9
2010£128,400 £1,828 5
2009£142,369 £1,453 8
2008£141,944 £1,470 9
2007£136,992 £1,394 12
2006£137,192 £1,370 20
2005£122,627 £1,571 11
2004£124,322 £1,346 20
2003£99,322 £1,169 18
2002£72,998 £781 21
2001£64,611 £767 9
2000£55,622 £554 20
1999£51,344 £576 18
1998£54,794 £538 17
1997£49,203 £572 17
1996£48,180 £457 10
1995£51,609 £455 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,000 £2,195 2
2023£143,000 £1,657 2
2022£170,000 £2,931 1
2021£179,500 £2,309 6
2020£150,000 £1,778 4
2019£120,988 £1,448 4
2018£123,250 £1,358 6
2017£101,050 £1,072 7
2016£112,333 £1,412 3
2015£119,688 £1,229 8
2014£135,980 £1,592 5
2013£87,200 £993 5
2012£113,333 £1,092 3
2011£102,333 £965 3
2010£105,000 £1,170 2
2009£122,500 £1,254 2
2008£117,667 £1,324 3
2007£146,000 £1,428 11
2006£99,208 £1,130 6
2005£121,600 £1,441 5
2004£83,583 £1,148 6
2003£74,983 £667 3
2002£59,500 £763 6
2001£53,426 £553 15
2000£58,700 £673 5
1999£32,494 £447 8
1998£40,125 £430 4
1997£47,260 £444 5
1996£29,679 £340 14
1995£45,2203
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,0001
2023£314,700 £3,201 5
2022£345,000 £3,026 1
2021£381,643 £2,956 7
2020£344,071 £2,148 7
2019£274,300 £2,636 5
2018£121,333 £2,040 3
2017£189,564 £2,366 7
2016£251,000 £2,493 3
2015£235,111 £2,421 9
2014£343,748 £2,082 10
2013£191,250 £1,994 6
2012£228,625 £2,912 4
2011£207,500 £2,042 2
2010£147,500 £1,339 4
2009£186,500 £2,130 3
2008£220,0001
2007£279,000 £2,244 4
2006£179,8754
2005£265,333 £1,576 3
2004£224,987 £2,035 4
2003£153,333 £1,414 3
2002£129,417 £1,300 6
2001£134,500 £1,587 5
1999£79,000 £688 3
1998£80,0001
1997£89,990 £1,043 5
1996£87,490 £743 5
1995£70,667 £268 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,000 £1,961 1
2022£90,730 £1,958 5
2021£101,000 £2,204 2
2020£82,000 £2,000 1
2016£62,500 £1,302 1
2015£72,475 £1,461 2
2014£77,500 £1,505 3
2012£74,818 £1,803 2
2011£40,000 £816 1
2008£100,000 £1,786 1
2007£83,000 £1,407 1
2006£95,192 £1,661 3
2004£87,475 £1,635 2
2003£65,821 £1,234 7
2001£35,000 £726 1
2000£44,950 £823 1
1999£31,225 £631 2
1998£42,167 £803 3
1997£44,2002
1996£24,0001
1995£12,700 £264 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£240,000 £4,211 1
2021£480,0001
2018£205,000 £737 1
2016£5,0001

House Type in B71 4BG area

The most common house types in the B71 4BG postcode area are Detached (83), Semi-detached (79), and Terraced (30).

Total195
Detached83
Semi-detached79
Terraced30
Flat3
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 with a mortgage or loan (83), and Owned: Owns outright (80).

Owned: Owns with a mortgage or loan83
Owned: Owns outright80
Private rented: Private landlord or letting agency18
Social rented: Other social rented10
Shared ownership: Shared ownership3
Social rented: Rents from council or Local Authority1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B71 4BG have 2 people in household (64), and 1 person in household (36).

2 people in household64
1 person in household36
3 people in household32
4 people in household28
5 people in household18
6 people in household15
7 people in household4
0 people in household0
8 or more people in household0