Housing Market Analysis for PENNS LANE, B72 1BL

Are you looking to understand B72 1BL 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 1BL area, explore the B72 1BL Area information page.
For comprehensive crime statistics in the B72 1BL area, explore the B72 1BL Crime Rates page.

Overview of Sold House prices

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

Semi-Detached
- The average price is around £277,497 median price is £249,750 Standard Deviation is £113,869 with Total Sold: 18
- The Last 5 Year average price is £431,667 with Total Sold: 3
- The most recent sale happened at this postcode is 110 PENNS LANE: £435,000 (Sold on 20 Apr 2022)
- The first recorded sale happened at this postcode is 116 PENNS LANE: £505,000 (Sold on 06 Sep 2024)
Detached
- The average price is around £455,000 median price is £455,000 Standard Deviation is £115,000 with Total Sold: 2
- The Last 5 Year average price is £570,000 with Total Sold: 1
- The most recent sale happened at this postcode is 86 PENNS LANE: £570,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is 86 PENNS LANE: £340,000 (Sold on 31 Jul 2009)
Terraced
- The average price is around £318,167 median price is £342,500 Standard Deviation is £49,619 with Total Sold: 3
- The Last 5 Year average price is £352,750 with Total Sold: 2
- The most recent sale happened at this postcode is 104 PENNS LANE: £363,000 (Sold on 08 Apr 2021)
- The first recorded sale happened at this postcode is 92 PENNS LANE: £249,000 (Sold on 02 Feb 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B72 1BL 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£435,000	£2,959	1
2019	£355,000	£3,087	1
2017	£339,000	£3,000	1
2016	£470,000	£2,611	1
2014	£249,500	£3,006	1
2013	£245,000	£1,612	1
2007	£279,988	£2,465	4
2005	£200,000		1
2004	£238,250	£2,047	2
2002	£280,000	£2,029	1
1999	£125,000		1
1996	£110,000	£917	1
1995	£85,000	£752	1
2024	£505,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£570,000	£3,800	1
2009	£340,000	£2,267	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£363,000	£4,172	1
2019	£342,500	£3,937	1
2006	£249,000	£1,407	1

All the Sales in the PENNS LANE, B72 1BL

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

Address	Sold Date	Price	% Change
110 PENNS LANESemi-Detached, FreeholdArea: 147 Sq.mtrAge: 1930-1949	20 Apr 2022	£435,000	First Sale
86 PENNS LANEDetached, FreeholdArea: 150 Sq.mtrAge: 1900-1929	30 Jun 2021	£570,000	67.65%
	31 Jul 2009	£340,000	First Sale
104 PENNS LANETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	08 Apr 2021	£363,000	5.99%
	01 Jul 2019	£342,500	First Sale
78 PENNS LANESemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1900-1929	11 Oct 2019	£355,000	First Sale
102 PENNS LANESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1900-1929	28 Jul 2017	£339,000	41.84%
	17 Dec 2004	£239,000	181.18%
	05 Jul 1995	£85,000	First Sale
72 PENNS LANESemi-Detached, FreeholdArea: 180 Sq.mtrAge: 1900-1929	16 Nov 2016	£470,000	First Sale
118 PENNS LANESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	01 Aug 2014	£249,500	8.50%
	28 Sep 2007	£229,950	First Sale
116 PENNS LANESemi-Detached, FreeholdArea: 152 Sq.mtrAge: 1900-1929	26 Apr 2013	£245,000	-51.49%
	06 Sep 2024	£505,000	First Sale
100 PENNS LANESemi-Detached, Freehold	14 Dec 2007	£250,000	25.00%
100 PENNS LANESemi-Detached, Freehold	08 Aug 2005	£200,000	First Sale
84 PENNS LANESemi-Detached, FreeholdArea: 138 Sq.mtrAge: 1900-1929	24 Sep 2007	£365,000	30.36%
	07 Aug 2002	£280,000	First Sale
88 PENNS LANESemi-Detached, FreeholdArea: 139 Sq.mtrAge: before 1900	09 Jul 2007	£275,000	First Sale
92 PENNS LANETerraced, FreeholdArea: 177 Sq.mtrAge: 1930-1949	02 Feb 2006	£249,000	First Sale
74 PENNS LANESemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1930-1949	05 Dec 2004	£237,500	115.91%
	31 Jul 1996	£110,000	First Sale
106 PENNS LANESemi-Detached, Freehold	15 Oct 1999	£125,000	First Sale

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

PENNS LANE, B72 1BL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £202,539 median price is £188,500 Standard Deviation is £102,807 with Total Sold: 612
- The Last 5 Year average price is £326,177 with Total Sold: 112
- 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 £102,653 median price is £96,000 Standard Deviation is £50,005 with Total Sold: 514
- The Last 5 Year average price is £144,699 with Total Sold: 91
- The most recent sale happened at this postcode is FLAT 30, ROBERTS COURT, 813 CHESTER ROAD: £140,000 (Sold on 30 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 £154,315 median price is £150,000 Standard Deviation is £89,710 with Total Sold: 491
- The Last 5 Year average price is £247,953 with Total Sold: 76
- 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 £299,630 median price is £268,500 Standard Deviation is £166,459 with Total Sold: 806
- The Last 5 Year average price is £507,260 with Total Sold: 111
- 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 £559,772 median price is £350,000 Standard Deviation is £632,088 with Total Sold: 19
- The Last 5 Year average price is £888,245 with Total Sold: 7
- 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	£387,500		4
2023	£356,179	£3,821	14
2022	£342,667	£3,231	24
2021	£293,269	£3,047	31
2020	£361,902	£3,162	23
2019	£272,266	£2,744	16
2018	£294,286	£2,675	14
2017	£275,663	£2,633	19
2016	£251,408	£2,556	26
2015	£215,071	£2,168	33
2014	£208,562	£2,139	34
2013	£217,200	£1,946	15
2012	£207,168	£2,010	17
2011	£195,417	£2,017	12
2010	£192,717	£1,998	18
2009	£224,994	£2,274	8
2008	£205,875	£1,794	14
2007	£229,210	£2,145	26
2006	£202,997	£1,959	18
2005	£215,283	£2,254	15
2004	£173,858	£1,840	19
2003	£166,298	£1,647	30
2002	£139,709	£1,377	29
2001	£136,640	£1,142	21
2000	£109,198	£1,094	22
1999	£95,104	£920	30
1998	£97,906	£777	27
1997	£78,364	£721	25
1996	£75,846	£673	14
1995	£77,707	£720	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,833		3
2023	£157,982	£2,418	22
2022	£139,711	£2,290	19
2021	£138,833	£2,096	15
2020	£136,000	£2,202	20
2019	£144,292	£2,215	12
2018	£149,958	£2,223	12
2017	£112,887	£1,916	14
2016	£122,188	£2,046	16
2015	£134,636	£1,818	11
2014	£117,441	£1,797	17
2013	£109,458	£1,723	12
2012	£101,273	£1,544	11
2011	£98,108	£1,651	11
2010	£108,244	£1,810	18
2009	£109,750	£1,672	14
2008	£131,200	£2,126	15
2007	£126,052	£2,248	35
2006	£122,728	£1,998	32
2005	£107,517	£1,873	15
2004	£101,813	£1,825	19
2003	£82,200	£1,289	20
2002	£78,245	£1,402	20
2001	£65,638	£1,198	21
2000	£57,018	£903	25
1999	£48,641	£875	17
1998	£43,175	£794	16
1997	£55,600	£884	19
1996	£39,713	£659	19
1995	£42,579	£808	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,340	£5,868	5
2023	£245,091	£3,167	11
2022	£252,167	£2,755	9
2021	£275,206	£3,173	17
2020	£231,947	£3,053	19
2019	£238,780	£2,750	15
2018	£197,053	£2,500	19
2017	£221,556	£2,481	9
2016	£222,250	£2,541	10
2015	£208,968	£2,181	16
2014	£169,049	£2,184	20
2013	£171,508	£1,880	19
2012	£157,035	£1,753	10
2011	£156,450	£1,800	10
2010	£136,604	£1,771	9
2009	£171,900	£1,974	10
2008	£197,590	£2,010	20
2007	£192,414	£2,395	34
2006	£182,802	£1,888	27
2005	£136,458	£1,800	12
2004	£152,628	£2,069	18
2003	£144,038	£1,631	12
2002	£89,000	£1,240	25
2001	£88,593	£1,036	15
2000	£81,783	£988	21
1999	£61,794	£771	24
1998	£77,629	£1,154	22
1997	£58,922	£645	20
1996	£55,410	£631	21
1995	£45,854	£766	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£511,188		8
2023	£558,194	£4,415	18
2022	£527,177	£4,204	19
2021	£509,690	£3,810	29
2020	£473,441	£3,636	17
2019	£466,150	£3,528	20
2018	£411,667	£3,404	24
2017	£402,767	£2,972	23
2016	£394,314	£2,971	35
2015	£371,521	£2,623	47
2014	£353,489	£2,557	29
2013	£367,980	£2,617	30
2012	£298,831	£2,504	21
2011	£265,933	£2,078	15
2010	£295,645	£2,310	19
2009	£265,731	£2,220	26
2008	£314,150	£2,449	10
2007	£347,669	£2,657	34
2006	£342,527	£2,264	22
2005	£317,143	£2,260	30
2004	£280,090	£2,137	30
2003	£270,379	£1,983	29
2002	£212,950	£1,810	35
2001	£189,129	£1,483	31
2000	£179,236	£1,325	38
1999	£166,140	£1,403	34
1998	£136,784	£1,018	29
1997	£131,284	£965	36
1996	£127,919	£894	36
1995	£105,586	£965	32

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£265,000	£3,116	1
2021	£948,333	£16,587	3
2020	£2,881,715		1
2019	£113,000	£2,163	2
2018	£360,000		1
2017	£391,829		5
2016	£292,950		4
2015	£777,000		1
2013	£150,000	£1,027	1

House Type in B72 1BL area

The most common house types in the B72 1BL 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 1BL 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