Housing Market Analysis for B71 4LU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B71 4LU 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 4LU

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

    AddressSold DatePrice% Change

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

    B71 4LU Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £111,928 median price is £119,950 Standard Deviation is £54,667 with Total Sold: 61
      • The Last 5 Year average price is £218,400 with Total Sold: 5
      • 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 £114,082 median price is £116,250 Standard Deviation is £59,460 with Total Sold: 46
      • The Last 5 Year average price is £175,750 with Total Sold: 12
      • 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 , 175 HALFORDS LANE: £27,000 (Sold on 08 Dec 1995)
    • Flat
      • The average price is around £60,500 median price is £59,500 Standard Deviation is £16,378 with Total Sold: 10
      • 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 , 3 MOUNTBATTEN CLOSE: £30,000 (Sold on 16 Jun 2000)
    • Other
      • The average price is around £1,793,284 median price is £627,399 Standard Deviation is £3,415,406 with Total Sold: 17
      • The Last 5 Year average price is £2,185,439 with Total Sold: 11
      • The most recent sale happened at this postcode is , 9 - 11 ROEBUCK STREET: £344,000 (Sold on 18 Nov 2021)
      • 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 £111,591 median price is £58,000 Standard Deviation is £69,339 with Total Sold: 11
      • 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£270,000 £2,523 1
    2021£211,000 £2,725 2
    2019£125,000 £1,712 1
    2018£202,000 £2,730 1
    2017£125,975 £1,429 2
    2016£145,000 £1,318 1
    2015£144,000 £1,607 3
    2014£142,000 £1,560 1
    2013£150,500 £1,190 2
    2012£122,000 £1,219 3
    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£134,817 £1,864 3
    2006£135,000 £1,374 2
    2005£123,725 £1,278 4
    2004£114,375 £975 4
    2003£128,067 £1,221 3
    2002£82,100 £905 5
    2001£62,590 £670 5
    2000£50,0001
    1999£59,950 £731 1
    1998£43,333 £589 3
    1997£42,5002
    1996£47,000 £553 1
    1995£43,8405
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£305,0001
    2022£227,500 £2,459 2
    2021£171,000 £2,182 4
    2020£143,000 £2,554 1
    2019£130,500 £1,853 4
    2018£117,000 £1,469 2
    2016£128,000 £1,829 1
    2015£95,500 £1,366 2
    2014£133,000 £1,622 1
    2013£101,600 £1,095 3
    2012£138,000 £1,052 1
    2011£96,750 £1,184 2
    2010£145,000 £1,106 1
    2009£113,750 £1,199 2
    2008£149,995 £1,630 1
    2007£98,000 £618 2
    2006£142,500 £2,067 2
    2005£132,000 £1,737 1
    2004£95,000 £888 1
    2003£100,0001
    2002£97,0001
    2001£44,000 £579 1
    2000£41,250 £463 2
    1999£38,250 £487 4
    1998£41,250 £673 2
    1995£27,000 £435 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£85,0001
    2021£54,500 £1,107 2
    2015£52,500 £1,029 2
    2014£68,000 £1,400 1
    2009£51,000 £985 1
    2006£77,0001
    2005£80,000 £1,805 1
    2000£30,000 £677 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£2,842,8008
    2020£344,0001
    2019£476,7162
    2018£1,750,0001
    2017£2,100,0001
    2016£1,100,0001
    2015£200,0001
    2014£648,0002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£165,000 £2,230 1
    2015£85,667 £1,298 3
    2014£230,000 £1,846 1
    2008£190,000 £1,284 1
    2007£183,500 £946 1
    1997£58,0001
    1996£47,500 £416 2
    1995£49,0001

    House Type in B71 4LU area

    The most common house types in the B71 4LU 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 4LU 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