Housing Market Analysis for CHERRY LANE, B73 5TW

Are you looking to understand B73 5TW 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 B73 5TW area, explore the B73 5TW Area information page.
For comprehensive crime statistics in the B73 5TW area, explore the B73 5TW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B73 5TW postcode area, The average prices are as follows,

Detached
- The average price is around £170,962 median price is £159,950 Standard Deviation is £86,435 with Total Sold: 29
- The Last 5 Year average price is £289,333 with Total Sold: 6
- The most recent sale happened at this postcode is 10 CHERRY LANE: £345,000 (Sold on 20 May 2022)
- The first recorded sale happened at this postcode is 15 CHERRY LANE: £64,995 (Sold on 06 Dec 1996)
Terraced
- The average price is around £109,330 median price is £106,250 Standard Deviation is £44,510 with Total Sold: 18
- The most recent sale happened at this postcode is 27 CHERRY LANE: £205,000 (Sold on 13 Dec 2018)
- The first recorded sale happened at this postcode is 19 CHERRY LANE: £61,500 (Sold on 19 Dec 1996)
Semi-Detached
- The average price is around £98,208 median price is £80,000 Standard Deviation is £36,477 with Total Sold: 12
- The most recent sale happened at this postcode is 17 CHERRY LANE: £163,000 (Sold on 20 Jun 2008)
- The first recorded sale happened at this postcode is 31 CHERRY LANE: £62,495 (Sold on 09 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B73 5TW 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
2022	£321,000	£3,643	2
2021	£312,000	£3,467	1
2020	£309,000	£3,186	1
2019	£236,500	£3,035	2
2017	£320,000	£2,735	1
2013	£249,950	£2,136	1
2008	£222,500		1
2006	£190,000	£1,959	1
2005	£177,500		1
2004	£210,000	£1,831	1
2003	£159,950	£1,649	1
2002	£166,500	£1,568	2
2001	£152,000		1
1999	£74,500	£1,263	1
1998	£88,000	£907	1
1997	£97,949	£965	10
1996	£64,995	£1,102	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£205,000	£3,796	1
2016	£165,000	£3,113	1
2014	£160,000		1
2010	£143,000	£2,648	1
2008	£150,000		1
2006	£137,000	£2,556	2
2004	£127,500	£2,277	1
2003	£124,000	£2,296	1
2002	£88,225	£1,670	2
2001	£77,500	£1,384	1
1999	£62,500	£1,157	1
1997	£59,995	£1,132	2
1996	£60,998	£1,123	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£163,000		1
2006	£159,000	£2,695	1
2004	£134,500	£2,322	2
2002	£85,000		1
2001	£82,000		1
2000	£76,333	£1,271	3
1996	£63,830	£1,102	3

All the Sales in the CHERRY LANE, B73 5TW

See the table below for more details on the sold house prices in the B73 5TW, Birmingham postcode.

Address	Sold Date	Price	% Change
10 CHERRY LANEDetached, FreeholdArea: 90 Sq.mtrAge: 1996-2002	20 May 2022	£345,000	10.58%
	28 May 2021	£312,000	240.98%
	10 Oct 1997	£91,500	First Sale
20 CHERRY LANEDetached, FreeholdArea: 86 Sq.mtrAge: 1996-2002	05 Jan 2022	£297,000	239.43%
	31 Jan 1997	£87,500	First Sale
12 CHERRY LANEDetached, FreeholdArea: 97 Sq.mtrAge: 1996-2002	01 Sep 2020	£309,000	62.63%
	10 Nov 2006	£190,000	18.79%
	31 Jul 2003	£159,950	-3.06%
	25 Oct 2002	£165,000	87.50%
	23 Oct 1998	£88,000	1.15%
	31 Jul 1997	£87,000	First Sale
11 CHERRY LANEDetached, FreeholdArea: 96 Sq.mtrAge: 1996-2002	24 Jul 2019	£298,000	First Sale
15 CHERRY LANEDetached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	08 Mar 2019	£175,000	134.90%
	11 Jun 1999	£74,500	14.62%
	06 Dec 1996	£64,995	First Sale
27 CHERRY LANETerraced, FreeholdArea: 54 Sq.mtrAge: 1991-1995	13 Dec 2018	£205,000	43.36%
	29 Oct 2010	£143,000	3.62%
	15 Feb 2006	£138,000	11.29%
	25 Jun 2003	£124,000	98.40%
	08 Nov 1999	£62,500	1.63%
	20 Dec 1996	£61,500	First Sale
7 CHERRY LANEDetached, FreeholdArea: 117 Sq.mtrAge: 1996-2002	26 May 2017	£320,000	28.03%
	15 Feb 2013	£249,950	48.78%
	08 Aug 2002	£168,000	43.59%
	29 Aug 1997	£117,000	First Sale
21 CHERRY LANETerraced, FreeholdArea: 53 Sq.mtrAge: 1996-2002	25 Aug 2016	£165,000	175.02%
	31 Dec 1996	£59,995	First Sale
23 CHERRY LANETerraced, Freehold	26 Sep 2014	£160,000	6.67%
	31 Jul 2008	£150,000	10.29%
	27 Oct 2006	£136,000	54.63%
	28 Jun 2002	£87,950	46.60%
	25 Apr 1997	£59,995	First Sale
17 CHERRY LANESemi-Detached, Freehold	20 Jun 2008	£163,000	23.48%
	27 Feb 2004	£132,000	55.29%
	01 Feb 2002	£85,000	11.84%
	06 Jul 2000	£76,000	18.76%
	12 Dec 1996	£63,995	First Sale
9 CHERRY LANEDetached, Freehold	23 May 2008	£222,500	46.38%
	09 Nov 2001	£152,000	32.18%
	18 Jul 1997	£114,995	First Sale
29 CHERRY LANESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	08 May 2006	£159,000	16.06%
	23 Feb 2004	£137,000	82.67%
	17 Mar 2000	£75,000	15.38%
	20 Dec 1996	£65,000	First Sale
22 CHERRY LANEDetached, Freehold	09 May 2005	£177,500	102.86%
22 CHERRY LANEDetached, Freehold	21 Mar 1997	£87,500	First Sale
19 CHERRY LANETerraced, FreeholdArea: 56 Sq.mtrAge: 1996-2002	30 Jul 2004	£127,500	64.52%
	23 Mar 2001	£77,500	26.02%
	19 Dec 1996	£61,500	First Sale
18 CHERRY LANEDetached, FreeholdArea: 114.7 Sq.mtrAge: 1996-2002	23 Apr 2004	£210,000	104.88%
	25 Jul 1997	£102,500	First Sale
25 CHERRY LANETerraced, FreeholdArea: 53 Sq.mtrAge: 1983-1990	28 Mar 2002	£88,500	47.51%
	25 Apr 1997	£59,995	First Sale
31 CHERRY LANESemi-Detached, Freehold	23 Feb 2001	£82,000	5.13%
	02 Jun 2000	£78,000	24.81%
	09 Dec 1996	£62,495	First Sale
16 CHERRY LANEDetached, Freehold	03 Oct 1997	£100,000	First Sale
8 CHERRY LANEDetached, Freehold	23 Jul 1997	£99,500	First Sale
14 CHERRY LANEDetached, Freehold	07 Feb 1997	£91,995	First Sale

Check out the sold house prices near the B73 5TW postcode. Properties currently for saleProperties currently for rent

CHERRY LANE, B73 5TW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B73 5TW 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 B73 5TW postcode.

Semi-Detached
- The average price is around £162,702 median price is £155,000 Standard Deviation is £91,062 with Total Sold: 1,115
- The Last 5 Year average price is £267,736 with Total Sold: 168
- The most recent sale happened at this postcode is , 88 MOORFIELD DRIVE: £265,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 257 BOLDMERE ROAD: £100,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £126,824 median price is £122,500 Standard Deviation is £68,497 with Total Sold: 1,161
- The Last 5 Year average price is £215,225 with Total Sold: 180
- The most recent sale happened at this postcode is , 96 SOMERTON DRIVE: £250,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 24 SHEFFIELD ROAD: £55,000 (Sold on 23 Jan 1995)
Detached
- The average price is around £231,246 median price is £225,000 Standard Deviation is £120,268 with Total Sold: 311
- The Last 5 Year average price is £370,636 with Total Sold: 46
- The most recent sale happened at this postcode is , 6 KIRKWOOD AVENUE: £375,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 28 SUNNYBANK ROAD: £80,000 (Sold on 30 Jan 1995)
Flat
- The average price is around £81,934 median price is £79,950 Standard Deviation is £37,388 with Total Sold: 874
- The Last 5 Year average price is £117,135 with Total Sold: 135
- The most recent sale happened at this postcode is FLAT 6, REDWOOD COURT, 567 CHESTER ROAD: £150,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 110 SOMERTON DRIVE: £36,000 (Sold on 09 Feb 1995)
Other
- The average price is around £179,360 median price is £142,000 Standard Deviation is £171,946 with Total Sold: 27
- The Last 5 Year average price is £201,773 with Total Sold: 18
- The most recent sale happened at this postcode is GARAGE 3, 293 GRAVELLY LANE: £168,000 (Sold on 26 Jan 2024)
- The first recorded sale happened at this postcode is , 1A SHEFFIELD ROAD: £1,100 (Sold on 20 Aug 2008)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£296,417	£2,806	12
2023	£276,574	£3,294	24
2022	£300,296	£3,140	27
2021	£256,846	£2,812	49
2020	£248,224	£2,461	29
2019	£255,296	£2,629	27
2018	£236,817	£2,566	57
2017	£210,912	£2,337	72
2016	£210,674	£2,166	34
2015	£190,464	£1,905	37
2014	£218,313	£1,962	30
2013	£174,232	£1,884	39
2012	£177,519	£1,558	18
2011	£152,597	£1,657	18
2010	£167,769	£1,773	18
2009	£172,547	£1,871	20
2008	£192,840	£1,721	25
2007	£183,845	£2,007	43
2006	£173,758	£1,925	32
2005	£158,522	£1,727	43
2004	£159,791	£1,759	50
2003	£135,005	£1,378	43
2002	£108,512	£1,069	52
2001	£102,065	£1,282	51
2000	£79,410	£813	52
1999	£70,302	£776	49
1998	£71,120	£659	47
1997	£64,000	£670	47
1996	£58,556	£631	46
1995	£59,073	£566	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,545	£2,569	11
2023	£243,048	£3,137	21
2022	£238,831	£2,695	40
2021	£215,187	£2,663	45
2020	£170,609	£2,261	34
2019	£201,488	£2,374	29
2018	£197,550	£2,207	35
2017	£173,040	£2,087	45
2016	£154,336	£2,033	42
2015	£156,420	£2,053	38
2014	£140,319	£1,763	55
2013	£146,999	£1,898	34
2012	£133,233	£1,508	15
2011	£115,615	£1,515	17
2010	£127,197	£1,640	24
2009	£127,415	£1,688	24
2008	£153,048	£1,662	27
2007	£133,774	£1,777	55
2006	£140,835	£1,676	48
2005	£129,225	£1,638	46
2004	£121,739	£1,799	50
2003	£106,472	£1,384	56
2002	£86,305	£1,020	50
2001	£65,742	£827	54
2000	£64,223	£891	47
1999	£54,896	£728	45
1998	£53,935	£698	43
1997	£52,006	£691	58
1996	£51,427	£650	44
1995	£47,890	£586	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,000	£3,501	4
2023	£290,000	£3,273	2
2022	£402,143	£3,560	14
2021	£383,000	£3,471	11
2020	£380,100	£2,815	5
2019	£316,575	£2,954	10
2018	£320,045	£2,805	11
2017	£340,282	£2,406	14
2016	£289,625	£2,478	12
2015	£301,071	£2,462	7
2014	£261,639	£2,059	14
2013	£230,510	£2,104	25
2012	£310,733	£2,078	6
2011	£238,500	£1,974	2
2010	£217,962	£2,018	8
2009	£235,625	£2,205	8
2008	£298,750	£2,126	2
2007	£274,286	£1,936	7
2006	£254,158	£1,933	6
2005	£262,568	£1,849	11
2004	£228,036	£1,476	11
2003	£210,677	£1,890	11
2002	£191,972	£1,399	25
2001	£148,239	£1,156	14
2000	£124,625	£300	8
1999	£112,683	£1,108	7
1998	£127,624	£976	8
1997	£91,053	£808	29
1996	£79,055	£867	9
1995	£81,500	£593	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£117,356	£1,492	9
2023	£123,882	£2,062	17
2022	£127,241	£2,213	27
2021	£113,167	£2,080	36
2020	£108,444	£1,955	18
2019	£113,911	£2,109	28
2018	£113,434	£1,867	22
2017	£102,997	£1,900	33
2016	£98,238	£1,689	39
2015	£86,622	£1,681	20
2014	£82,333	£1,404	21
2013	£81,865	£1,588	13
2012	£82,382	£1,589	19
2011	£85,269	£1,399	13
2010	£93,895	£1,504	16
2009	£79,888	£1,437	12
2008	£98,290	£1,703	19
2007	£108,340	£2,099	40
2006	£102,409	£2,093	38
2005	£104,800	£1,933	24
2004	£108,252	£1,911	47
2003	£75,094	£1,488	47
2002	£74,154	£1,432	57
2001	£54,022	£1,028	40
2000	£45,524	£924	43
1999	£40,815	£790	54
1998	£42,267	£844	39
1997	£37,985	£731	33
1996	£35,209	£717	35
1995	£33,467	£652	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£264,000		2
2023	£78,500	£2,438	6
2022	£418,250		4
2021	£138,500	£2,989	2
2020	£140,000	£2,500	1
2019	£180,970	£2,241	3
2018	£63,000	£1,114	1
2017	£213,050	£2,010	4
2016	£98,167	£8	3
2008	£1,100	£19	1

House Type in B73 5TW area

The most common house types in the B73 5TW postcode area are Detached (33), Flat (26), and Semi-detached (25).

Total	132
Detached	33
Flat	26
Semi-detached	25
Shared house	23
Terraced	20
converted building	5
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (48), and Owned: Owns outright (36).

Private rented: Private landlord or letting agency	48
Owned: Owns outright	36
Owned: Owns with a mortgage or loan	25
Social rented: Rents from council or Local Authority	15
Shared ownership: Shared ownership	4
Social rented: Other social rented	3
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the B73 5TW have 1 person in household (64), and 2 people in household (38).

1 person in household	64
2 people in household	38
3 people in household	13
4 people in household	12
5 people in household	3
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0