Housing Market Analysis for LONES ROAD, B71 4LW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £102,562 median price is £100,000 Standard Deviation is £17,136 with Total Sold: 8
    • The Last 5 Year average price is £124,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 49 LONES ROAD: £120,000 (Sold on 04 Oct 2019)
    • The first recorded sale happened at this postcode is 47 LONES ROAD: £73,995 (Sold on 01 Aug 2003)
  • Semi-Detached
    • The average price is around £96,750 median price is £96,000 Standard Deviation is £9,311 with Total Sold: 4
    • The most recent sale happened at this postcode is 63 LONES ROAD: £85,000 (Sold on 22 Mar 2013)
    • The first recorded sale happened at this postcode is 63 LONES ROAD: £92,000 (Sold on 15 Apr 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average B71 4LW 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
2019£124,000 £1,826 2
2016£117,500 £1,650 1
2015£89,000 £1,254 1
2014£95,000 £1,375 1
2013£105,000 £1,721 1
2012£92,000 £1,332 1
2003£73,995 £1,213 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£85,0001
2008£100,0001
2007£110,000 £1,549 1
2005£92,0001

All the Sales in the LONES ROAD, B71 4LW

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

AddressSold DatePrice% Change
49 LONES ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1930-194904 Oct 2019£120,000First Sale
65 LONES ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1930-194911 Jan 2019£128,000First Sale
61 LONES ROADTerraced, FreeholdArea: 71.2 Sq.mtrAge: 1950-196625 Jan 2016£117,500First Sale
69 LONES ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1930-194925 Mar 2015£89,000First Sale
30 LONES ROADTerraced, FreeholdArea: 69.08 Sq.mtrAge: 1950-196625 Sep 2014£95,0003.26%
29 Jun 2012£92,000First Sale
47 LONES ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1900-192921 Jun 2013£105,00041.90%
01 Aug 2003£73,995First Sale
63 LONES ROADSemi-Detached, Freehold22 Mar 2013£85,000-15.00%
22 Dec 2008£100,0008.70%
15 Apr 2005£92,000First Sale
59 LONES ROADSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-194923 Aug 2007£110,000First Sale

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

LONES ROAD, B71 4LW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £73,266 median price is £72,750 Standard Deviation is £40,799 with Total Sold: 418
    • The Last 5 Year average price is £126,763 with Total Sold: 55
    • The most recent sale happened at this postcode is , 32 KENTISH ROAD: £147,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 103 KENTISH ROAD: £32,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £85,905 median price is £86,250 Standard Deviation is £46,053 with Total Sold: 84
    • The Last 5 Year average price is £149,800 with Total Sold: 10
    • The most recent sale happened at this postcode is , 189 MIDDLEMORE ROAD: £192,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 163 HALFORDS LANE: £24,700 (Sold on 26 Jul 1995)
  • Other
    • The average price is around £735,816 median price is £315,000 Standard Deviation is £2,000,404 with Total Sold: 54
    • The Last 5 Year average price is £973,131 with Total Sold: 32
    • The most recent sale happened at this postcode is , UNIT 43 MIDDLEMORE ROAD: £365,000 (Sold on 14 Mar 2024)
    • The first recorded sale happened at this postcode is , 102 MIDDLEMORE ROAD: £384,000 (Sold on 11 Aug 2014)
  • Flat
    • The average price is around £33,667 median price is £30,000 Standard Deviation is £12,120 with Total Sold: 3
    • The Last 5 Year average price is £50,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 23 CAMBRIDGE ROAD: £50,000 (Sold on 16 Apr 2019)
    • The first recorded sale happened at this postcode is , 8 FOWLER CLOSE: £21,000 (Sold on 31 Oct 2000)
  • Detached
    • The average price is around £178,857 median price is £125,000 Standard Deviation is £111,333 with Total Sold: 7
    • The most recent sale happened at this postcode is , 18 FOWLER CLOSE: £110,000 (Sold on 29 Mar 2018)
    • The first recorded sale happened at this postcode is , 96 LEWISHAM ROAD: £125,000 (Sold on 13 Jul 2001)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£144,714 £2,023 7
2023£127,875 £1,494 8
2022£123,167 £1,816 6
2021£131,271 £1,710 12
2020£122,000 £1,720 6
2019£118,106 £1,536 16
2018£106,383 £1,348 12
2017£108,000 £1,445 8
2016£104,250 £1,375 11
2015£85,606 £1,236 9
2014£91,939 £1,132 9
2013£96,611 £1,311 9
2012£81,912 £978 17
2011£78,731 £1,032 13
2010£72,556 £1,004 8
2009£80,417 £1,073 6
2008£94,559 £1,178 17
2007£101,150 £1,206 20
2006£102,409 £1,258 22
2005£80,922 £904 13
2004£73,105 £856 19
2003£62,900 £786 28
2002£50,206 £539 17
2001£32,929 £411 26
2000£25,543 £295 21
1999£31,464 £349 14
1998£28,647 £276 17
1997£25,171 £288 21
1996£26,389 £305 9
1995£23,179 £267 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,0001
2022£207,000 £2,191 2
2021£140,000 £1,428 2
2020£100,000 £1,136 1
2019£128,000 £1,885 4
2018£127,500 £1,736 2
2017£105,750 £1,562 4
2016£120,0001
2015£137,000 £1,272 1
2014£143,500 £1,913 1
2013£85,0001
2011£108,000 £1,459 1
2010£115,000 £1,515 1
2009£57,500 £757 1
2008£110,000 £1,714 2
2007£109,850 £1,357 10
2006£110,090 £1,390 5
2005£75,875 £731 6
2004£101,900 £782 5
2003£60,000 £914 6
2002£72,558 £640 6
2001£41,750 £317 2
2000£31,800 £429 5
1999£31,750 £382 4
1998£27,500 £368 2
1997£35,2502
1996£24,4173
1995£25,5673
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£365,0001
2022£605,1676
2021£3,057,2336
2020£417,81510
2019£513,6269
2018£379,694 £2,358 8
2017£665,3333
2016£239,4504
2015£192,1254
2014£611,3333
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£50,000 £1,046 1
2012£30,000 £617 1
2000£21,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£110,000 £1,416 1
2009£425,0001
2006£160,0002
2005£162,0001
2002£110,0001
2001£125,0001

House Type in B71 4LW area

The most common house types in the B71 4LW postcode area are Terraced (71), Semi-detached (39), and Detached (3).

Total113
Terraced71
Semi-detached39
Detached3
Flat0
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 (40), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright40
Owned: Owns with a mortgage or loan33
Social rented: Rents from council or Local Authority26
Private rented: Private landlord or letting agency9
Social rented: Other social rented3
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the B71 4LW have 2 people in household (33), and 1 person in household (24).

2 people in household33
1 person in household24
4 people in household21
3 people in household16
5 people in household12
6 people in household5
7 people in household2
0 people in household0
8 or more people in household0