Housing Market Analysis for B71 4LT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B71 4LT 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.

    All the Sales in the B71 4LT

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

    AddressSold DatePrice% Change

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

    B71 4LT Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £137,458 median price is £130,000 Standard Deviation is £70,569 with Total Sold: 75
      • The Last 5 Year average price is £264,389 with Total Sold: 9
      • The most recent sale happened at this postcode is , 41 ROEBUCK LANE: £275,000 (Sold on 22 Aug 2024)
      • The first recorded sale happened at this postcode is , 123 DEVEREUX ROAD: £53,000 (Sold on 30 Jun 1995)
    • Terraced
      • The average price is around £148,032 median price is £136,000 Standard Deviation is £69,638 with Total Sold: 58
      • The Last 5 Year average price is £235,653 with Total Sold: 15
      • The most recent sale happened at this postcode is , 25 FITZGUY CLOSE: £305,000 (Sold on 08 Aug 2024)
      • The first recorded sale happened at this postcode is , 15 PRIORY CLOSE: £59,000 (Sold on 17 Mar 1995)
    • Flat
      • The average price is around £56,969 median price is £55,000 Standard Deviation is £19,639 with Total Sold: 16
      • The Last 5 Year average price is £64,667 with Total Sold: 3
      • The most recent sale happened at this postcode is , 45 MOUNTBATTEN CLOSE: £85,000 (Sold on 28 Feb 2024)
      • The first recorded sale happened at this postcode is , 65 DEVEREUX ROAD: £35,000 (Sold on 25 Oct 1996)
    • Other
      • The average price is around £1,504,421 median price is £455,000 Standard Deviation is £3,130,645 with Total Sold: 21
      • The Last 5 Year average price is £1,786,559 with Total Sold: 14
      • The most recent sale happened at this postcode is FLAT 1, 59 BIRMINGHAM ROAD: £345,000 (Sold on 16 May 2022)
      • The first recorded sale happened at this postcode is , SENSE WEST CRAFTS ROEBUCK LANE: £996,000 (Sold on 14 Mar 2014)
    • Detached
      • The average price is around £140,418 median price is £157,000 Standard Deviation is £68,864 with Total Sold: 25
      • The most recent sale happened at this postcode is , 1 PAGANAL DRIVE: £165,000 (Sold on 14 Dec 2018)
      • The first recorded sale happened at this postcode is , 45 ROEBUCK LANE: £49,000 (Sold on 14 Sep 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£275,0001
    2023£285,000 £2,501 2
    2022£225,000 £3,125 1
    2021£251,000 £2,736 3
    2020£312,500 £1,193 1
    2019£244,000 £2,218 1
    2018£202,000 £2,730 1
    2017£163,983 £1,441 3
    2016£145,000 £1,318 1
    2015£182,400 £1,758 5
    2014£142,000 £1,560 1
    2013£150,500 £1,190 2
    2012£122,000 £1,321 4
    2011£165,000 £1,323 1
    2010£135,000 £1,429 1
    2009£120,000 £1,304 1
    2008£150,000 £1,442 1
    2007£146,190 £1,820 5
    2006£145,000 £1,374 3
    2005£171,317 £1,225 6
    2004£114,500 £1,090 5
    2003£132,300 £1,221 4
    2002£82,100 £905 5
    2001£63,242 £604 6
    2000£54,500 £492 2
    1999£59,950 £731 1
    1998£49,500 £596 2
    1997£58,9752
    1996£47,000 £553 1
    1995£53,1673
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£285,0002
    2023£270,0001
    2022£215,000 £2,484 3
    2021£252,560 £2,285 5
    2020£210,000 £1,200 1
    2019£192,333 £1,954 3
    2018£200,000 £2,000 2
    2015£140,500 £1,198 2
    2014£133,000 £1,622 1
    2013£107,400 £1,038 2
    2012£138,000 £1,052 1
    2011£119,250 £1,507 2
    2010£145,000 £1,106 1
    2009£121,833 £1,438 3
    2008£143,498 £1,671 2
    2007£81,000 £618 1
    2006£151,064 £1,370 7
    2005£137,875 £1,190 4
    2004£88,000 £670 2
    2003£112,5002
    2002£89,700 £388 4
    2001£62,000 £721 1
    2000£47,500 £362 1
    1999£75,000 £882 1
    1998£55,000 £673 1
    1996£60,000 £274 1
    1995£49,500 £776 2
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£85,0001
    2021£54,500 £1,107 2
    2017£83,000 £1,239 1
    2015£52,500 £1,029 2
    2014£68,000 £1,400 1
    2009£51,000 £985 1
    2007£84,000 £1,448 1
    2006£77,0001
    2005£80,000 £1,805 1
    2002£36,0001
    2001£34,250 £651 2
    2000£30,000 £677 1
    1996£35,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£345,000 £4,386 1
    2021£2,842,8008
    2020£399,500 £12,297 2
    2019£375,144 £2,423 3
    2018£942,500 £1,564 2
    2017£2,100,0001
    2016£1,100,0001
    2015£200,0001
    2014£648,0002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£172,500 £2,240 2
    2017£230,000 £1,497 2
    2016£175,000 £1,844 2
    2015£85,667 £1,298 3
    2014£240,000 £2,080 2
    2012£133,000 £1,928 1
    2008£190,000 £1,284 1
    2007£183,500 £946 1
    2006£165,000 £1,557 1
    2005£169,975 £1,460 2
    2003£135,0001
    1998£90,000 £574 3
    1997£58,0001
    1996£47,500 £416 2
    1995£49,0001

    House Type in B71 4LT area

    The most common house types in the B71 4LT postcode area are Terraced (78), Semi-detached (44), and Detached (18).

    Total143
    Terraced78
    Semi-detached44
    Detached18
    Flat3
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (44), and Owned: Owns with a mortgage or loan (31).

    Private rented: Private landlord or letting agency44
    Owned: Owns with a mortgage or loan31
    Owned: Owns outright23
    Social rented: Rents from council or Local Authority21
    Lives rent free7
    Private rented: Other private rented5
    Social rented: Other social rented4
    Shared ownership: Shared ownership1
    Does not apply0

    Number of People in a Household

    The most houses in the B71 4LT have 2 people in household (32), and 4 people in household (30).

    2 people in household32
    4 people in household30
    3 people in household26
    1 person in household18
    5 people in household17
    7 people in household7
    8 or more people in household4
    6 people in household3
    0 people in household0