Housing Market Analysis for PENNS LANE, B72 1BJ

Are you looking to understand B72 1BJ 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 Birmingham postcode.

For the location information and nearby amenities in the B72 1BJ area, explore the B72 1BJ Area information page.
For comprehensive crime statistics in the B72 1BJ area, explore the B72 1BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B72 1BJ postcode area, The average prices are as follows,

Detached
- The average price is around £328,875 median price is £250,000 Standard Deviation is £198,243 with Total Sold: 16
- The Last 5 Year average price is £650,000 with Total Sold: 3
- The most recent sale happened at this postcode is 87 PENNS LANE: £575,000 (Sold on 29 Jun 2021)
- The first recorded sale happened at this postcode is 97 PENNS LANE: £120,000 (Sold on 28 Sep 1995)
Semi-Detached
- The average price is around £321,350 median price is £357,500 Standard Deviation is £194,859 with Total Sold: 5
- The Last 5 Year average price is £640,250 with Total Sold: 1
- The most recent sale happened at this postcode is 61 PENNS LANE: £640,250 (Sold on 29 May 2020)
- The first recorded sale happened at this postcode is 71 PENNS LANE: £102,000 (Sold on 09 Jun 1995)
Terraced
- The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 69A PENNS LANE: £250,000 (Sold on 30 Nov 2007)
- The first recorded sale happened at this postcode is 69A PENNS LANE: £250,000 (Sold on 30 Nov 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B72 1BJ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£525,000	£4,343	2
2019	£900,000	£5,806	1
2018	£580,000	£2,749	1
2017	£332,000	£3,018	1
2013	£250,000	£2,632	1
2010	£250,000	£2,540	1
2006	£250,000		1
2003	£227,000	£2,306	2
2002	£192,000	£1,589	1
2001	£214,000		1
1999	£260,000		1
1997	£145,000		1
1996	£265,000	£1,286	1
1995	£120,000	£993	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£640,250	£4,131	1
2017	£375,000	£3,788	1
2001	£357,500		1
1999	£132,000	£1,333	1
1995	£102,000	£685	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£250,000		1

All the Sales in the PENNS LANE, B72 1BJ

See the table below for more details on the sold house prices in the B72 1BJ, Birmingham postcode.

Address	Sold Date	Price	% Change
87 PENNS LANEDetached, FreeholdArea: 156 Sq.mtrAge: 1983-1990	29 Jun 2021	£575,000	First Sale
103 PENNS LANEDetached, LeaseholdArea: 95 Sq.mtrAge: 1950-1966	05 Mar 2021	£475,000	90.00%
	05 Apr 2013	£250,000	First Sale
61 PENNS LANESemi-Detached, FreeholdArea: 155 Sq.mtrAge: 1900-1929	29 May 2020	£640,250	-28.86%
	04 Oct 2019	£900,000	First Sale
75 PENNS LANEDetached, FreeholdArea: 211 Sq.mtrAge: 1967-1975	19 Oct 2018	£580,000	First Sale
89 PENNS LANESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-1966	11 Aug 2017	£375,000	184.09%
	16 Jul 1999	£132,000	First Sale
83 PENNS LANEDetached, FreeholdArea: 110 Sq.mtrAge: 1950-1966	23 Mar 2017	£332,000	First Sale
99 PENNS LANEDetached, FreeholdArea: 98.44 Sq.mtrAge: 1950-1966	12 May 2010	£250,000	10.13%
	09 Jul 2003	£227,000	0.0
	02 Jul 2003	£227,000	First Sale
69A PENNS LANETerraced, Freehold	30 Nov 2007	£250,000	First Sale
101 PENNS LANEDetached, Freehold	23 Jun 2006	£250,000	First Sale
97 PENNS LANEDetached, FreeholdArea: 120.82 Sq.mtrAge: 1950-1966	06 Jun 2002	£192,000	60.00%
	28 Sep 1995	£120,000	First Sale
85 PENNS LANEDetached, Freehold	14 Aug 2001	£214,000	47.59%
85 PENNS LANEDetached, Freehold	27 Mar 1997	£145,000	First Sale
59 PENNS LANESemi-Detached, Freehold	09 Aug 2001	£357,500	First Sale
77 PENNS LANEDetached, Freehold	19 Nov 1999	£260,000	First Sale
65 PENNS LANEDetached, FreeholdArea: 206 Sq.mtrAge: 2023	12 Jul 1996	£265,000	First Sale
71 PENNS LANESemi-Detached, FreeholdArea: 149 Sq.mtrAge: before 1900	09 Jun 1995	£102,000	First Sale

Check out the sold house prices near the B72 1BJ postcode. Properties currently for saleProperties currently for rent

PENNS LANE, B72 1BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B72 1BJ 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 B72 1BJ postcode.

Semi-Detached
- The average price is around £203,560 median price is £189,975 Standard Deviation is £103,011 with Total Sold: 538
- The Last 5 Year average price is £327,643 with Total Sold: 100
- The most recent sale happened at this postcode is , 116 PENNS LANE: £505,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 206 PENNS LANE: £85,500 (Sold on 27 Jan 1995)
Flat
- The average price is around £111,047 median price is £103,000 Standard Deviation is £55,202 with Total Sold: 341
- The Last 5 Year average price is £158,579 with Total Sold: 63
- The most recent sale happened at this postcode is FLAT 1, ARDEN COURT BEARDMORE ROAD: £228,500 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 24, CARVER COURT, 809 CHESTER ROAD: £35,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £157,785 median price is £150,000 Standard Deviation is £92,655 with Total Sold: 424
- The Last 5 Year average price is £256,699 with Total Sold: 68
- The most recent sale happened at this postcode is , 1 FLORENCE AVENUE: £226,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 22 PENNS LANE: £49,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £300,579 median price is £270,000 Standard Deviation is £165,574 with Total Sold: 805
- The Last 5 Year average price is £510,456 with Total Sold: 106
- The most recent sale happened at this postcode is , 35 BEECH HILL ROAD: £850,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 10 CHURCHOVER CLOSE: £50,000 (Sold on 31 Jan 1995)
Other
- The average price is around £566,044 median price is £265,000 Standard Deviation is £694,972 with Total Sold: 15
- The Last 5 Year average price is £998,543 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 2, GREENHILL COURT BROOKS ROAD: £265,000 (Sold on 17 May 2023)
- The first recorded sale happened at this postcode is , 8 NEW HALL GRANGE CLOSE: £150,000 (Sold on 20 Dec 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£376,667		3
2023	£360,308	£3,917	13
2022	£352,391	£3,373	23
2021	£292,804	£3,071	29
2020	£356,153	£3,261	18
2019	£281,661	£2,814	14
2018	£293,909	£2,766	11
2017	£272,971	£2,745	14
2016	£256,650	£2,567	24
2015	£216,245	£2,172	30
2014	£210,161	£2,162	32
2013	£217,200	£1,946	15
2012	£204,491	£2,011	16
2011	£205,909	£2,083	11
2010	£188,593	£2,028	15
2009	£224,994	£2,274	8
2008	£234,494	£1,710	9
2007	£231,456	£2,151	24
2006	£191,730	£1,937	15
2005	£215,283	£2,254	15
2004	£172,490	£1,826	15
2003	£163,231	£1,646	26
2002	£138,744	£1,423	25
2001	£137,172	£1,296	20
2000	£109,398	£1,094	21
1999	£90,692	£957	24
1998	£92,056	£777	26
1997	£74,247	£648	18
1996	£76,527	£673	13
1995	£80,727	£951	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£181,750		2
2023	£168,444	£2,460	18
2022	£157,773	£2,439	11
2021	£150,350	£2,132	10
2020	£151,423	£2,373	13
2019	£154,167	£2,394	9
2018	£167,944	£2,421	9
2017	£122,121	£2,042	8
2016	£127,875	£2,138	12
2015	£152,938	£1,965	8
2014	£146,889	£2,051	9
2013	£127,929	£1,902	7
2012	£105,100	£1,548	10
2011	£114,531	£2,154	6
2010	£112,700	£1,725	12
2009	£115,864	£1,712	11
2008	£143,350	£2,378	10
2007	£129,968	£2,251	25
2006	£130,435	£1,977	17
2005	£110,562	£1,942	8
2004	£109,919	£2,138	8
2003	£83,750	£1,272	14
2002	£86,492	£1,448	12
2001	£68,744	£1,249	18
2000	£64,184	£969	16
1999	£53,764	£915	11
1998	£45,100	£858	13
1997	£60,030	£927	15
1996	£41,727	£712	11
1995	£46,450	£893	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£251,000	£5,868	4
2023	£257,600	£3,281	10
2022	£252,167	£2,755	9
2021	£279,906	£3,200	16
2020	£234,556	£3,080	18
2019	£264,136	£3,019	11
2018	£203,267	£2,640	15
2017	£221,556	£2,481	9
2016	£228,944	£2,625	9
2015	£209,678	£2,213	14
2014	£166,555	£2,246	18
2013	£176,869	£1,971	16
2012	£159,817	£1,787	9
2011	£156,450	£1,800	10
2010	£142,242	£1,794	8
2009	£178,875	£2,143	8
2008	£232,015	£1,996	13
2007	£197,939	£2,473	22
2006	£184,735	£1,863	24
2005	£136,458	£1,800	12
2004	£164,357	£2,142	15
2003	£144,405	£1,631	11
2002	£90,915	£1,200	23
2001	£90,573	£1,049	13
2000	£85,879	£1,022	19
1999	£62,807	£777	23
1998	£87,053	£1,144	17
1997	£59,813	£645	19
1996	£55,410	£631	21
1995	£48,281	£677	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£511,188		8
2023	£555,441	£4,415	17
2022	£545,553	£4,358	16
2021	£514,500	£3,859	28
2020	£484,594	£3,657	16
2019	£461,333	£3,510	21
2018	£415,600	£3,331	25
2017	£402,860	£3,002	24
2016	£394,441	£2,960	34
2015	£372,864	£2,666	48
2014	£363,103	£2,610	29
2013	£368,690	£2,619	31
2012	£302,522	£2,549	20
2011	£282,417	£2,243	12
2010	£288,368	£2,421	17
2009	£268,880	£2,284	25
2008	£315,136	£2,459	11
2007	£344,198	£2,683	34
2006	£349,485	£2,380	24
2005	£323,941	£2,232	29
2004	£293,612	£2,158	29
2003	£272,537	£1,983	27
2002	£217,868	£1,819	36
2001	£194,146	£1,505	34
2000	£183,099	£1,325	40
1999	£162,689	£1,207	33
1998	£141,961	£1,056	32
1997	£134,249	£966	37
1996	£128,117	£894	35
1995	£106,417	£965	33

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£265,000	£3,116	1
2021	£922,500	£16,587	2
2020	£2,881,715		1
2019	£1,000		1
2017	£349,786		4
2016	£292,950		4
2015	£777,000		1
2013	£150,000	£1,027	1

House Type in B72 1BJ area

The most common house types in the B72 1BJ postcode area are Detached (112), Semi-detached (30), and Terraced (1).

Total	143
Detached	112
Semi-detached	30
Terraced	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (63).

Owned: Owns outright	74
Owned: Owns with a mortgage or loan	63
Private rented: Private landlord or letting agency	3
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the B72 1BJ have 2 people in household (51), and 4 people in household (30).

2 people in household	51
4 people in household	30
1 person in household	29
3 people in household	19
5 people in household	8
7 people in household	4
8 or more people in household	2
0 people in household	0
6 people in household	0