Housing Market Analysis for PENNS LANE, B76 1JT

Are you looking to understand B76 1JT 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 B76 1JT area, explore the B76 1JT Area information page.
For comprehensive crime statistics in the B76 1JT area, explore the B76 1JT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B76 1JT postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £184,265 median price is £168,000 Standard Deviation is £83,365 with Total Sold: 17
- The Last 5 Year average price is £347,500 with Total Sold: 1
- The most recent sale happened at this postcode is 220 PENNS LANE: £347,500 (Sold on 11 Jun 2021)
- The first recorded sale happened at this postcode is 206 PENNS LANE: £85,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £263,250 median price is £265,000 Standard Deviation is £145,004 with Total Sold: 14
- The Last 5 Year average price is £358,000 with Total Sold: 1
- The most recent sale happened at this postcode is 208 PENNS LANE: £358,000 (Sold on 21 Jan 2020)
- The first recorded sale happened at this postcode is 186 PENNS LANE: £101,500 (Sold on 14 Jun 1996)
Terraced
- The average price is around £273,206 median price is £249,950 Standard Deviation is £72,727 with Total Sold: 9
- The most recent sale happened at this postcode is 202 PENNS LANE: £395,000 (Sold on 23 Feb 2017)
- The first recorded sale happened at this postcode is 202 PENNS LANE: £207,000 (Sold on 14 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1JT 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
2021	£347,500	£2,802	1
2016	£319,000	£2,262	1
2015	£298,000	£1,955	1
2011	£240,000		1
2005	£250,000		1
2003	£210,667	£2,072	3
2002	£148,000	£1,451	1
2001	£152,000		2
1999	£95,750	£1,072	2
1998	£121,500		1
1997	£97,750	£789	2
1995	£85,500	£950	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£358,000	£3,653	1
2018	£555,000	£2,382	1
2016	£320,000	£1,373	1
2015	£412,000	£2,711	1
2014	£410,000	£2,216	1
2011	£210,000	£2,329	1
2007	£355,000		1
2004	£355,000	£1,919	1
2002	£140,000	£757	1
2001	£190,000		1
1999	£98,000	£1,000	1
1997	£92,000		1
1996	£95,250	£911	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£395,000	£4,680	1
2016	£400,000	£3,077	1
2014	£250,000	£2,874	1
2013	£305,000	£2,366	1
2012	£219,950	£2,109	2
2011	£212,000	£2,437	1
2007	£249,950	£1,923	1
2006	£207,000	£1,247	1

All the Sales in the PENNS LANE, B76 1JT

See the table below for more details on the sold house prices in the B76 1JT, Birmingham postcode.

Address	Sold Date	Price	% Change
220 PENNS LANESemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1930-1949	11 Jun 2021	£347,500	First Sale
208 PENNS LANEDetached, FreeholdArea: 98 Sq.mtrAge: 1900-1929	21 Jan 2020	£358,000	265.31%
	23 Apr 1999	£98,000	10.11%
	20 Jun 1996	£89,000	First Sale
180 PENNS LANEDetached, FreeholdArea: 233 Sq.mtrAge: 1930-1949	27 Apr 2018	£555,000	73.44%
	05 Oct 2016	£320,000	First Sale
202 PENNS LANETerraced, FreeholdArea: 84.4 Sq.mtrAge: 1930-1949	23 Feb 2017	£395,000	90.82%
	14 Jul 2006	£207,000	First Sale
212 PENNS LANETerraced, FreeholdArea: 130 Sq.mtrAge: 1930-1949	02 Dec 2016	£400,000	60.03%
	31 May 2007	£249,950	First Sale
176 PENNS LANESemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1930-1949	10 Jun 2016	£319,000	First Sale
170 PENNS LANESemi-Detached, FreeholdArea: 152.44 Sq.mtrAge: 1900-1929	31 Jul 2015	£298,000	First Sale
224 PENNS LANEDetached, FreeholdArea: 152 Sq.mtrAge: 1900-1929	29 May 2015	£412,000	First Sale
214 PENNS LANETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	29 Jul 2014	£250,000	17.92%
	10 Jun 2011	£212,000	First Sale
164 PENNS LANEDetached, FreeholdArea: 185 Sq.mtrAge: 1996-2002	18 Feb 2014	£410,000	15.49%
	30 Apr 2004	£355,000	153.57%
	06 Sep 2002	£140,000	First Sale
174 PENNS LANETerraced, FreeholdArea: 128.91 Sq.mtrAge: 1930-1949	14 Oct 2013	£305,000	52.54%
	01 Jun 2012	£199,950	First Sale
206 PENNS LANETerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	14 Dec 2012	£239,950	28.66%
	30 Sep 2003	£186,500	93.26%
	20 Aug 1999	£96,500	12.87%
	27 Jan 1995	£85,500	First Sale
196 PENNS LANEDetached, FreeholdArea: 90.18 Sq.mtrAge: 1930-1949	16 Sep 2011	£210,000	First Sale
204 PENNS LANESemi-Detached, Freehold	03 Jun 2011	£240,000	20.91%
	18 Jul 2003	£198,500	45.96%
	10 Aug 2001	£136,000	43.16%
	24 Nov 1999	£95,000	First Sale
166 PENNS LANEDetached, Freehold	23 May 2007	£355,000	First Sale
172 PENNS LANESemi-Detached, Freehold	31 Aug 2005	£250,000	48.81%
172 PENNS LANESemi-Detached, Freehold	09 Nov 2001	£168,000	First Sale
222 PENNS LANESemi-Detached, Freehold	27 Nov 2003	£247,000	114.78%
222 PENNS LANESemi-Detached, Freehold	04 Nov 1997	£115,000	First Sale
200 PENNS LANESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1930-1949	17 May 2002	£148,000	83.85%
	17 Oct 1997	£80,500	First Sale
198 PENNS LANEDetached, Freehold	12 Nov 2001	£190,000	106.52%
198 PENNS LANEDetached, Freehold	30 May 1997	£92,000	First Sale
194 PENNS LANESemi-Detached, Freehold	10 Jul 1998	£121,500	First Sale
186 PENNS LANEDetached, FreeholdArea: 111 Sq.mtrAge: 1930-1949	14 Jun 1996	£101,500	First Sale

Check out the sold house prices near the B76 1JT postcode. Properties currently for saleProperties currently for rent

PENNS LANE, B76 1JT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B76 1JT 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 B76 1JT postcode.

Terraced
- The average price is around £149,102 median price is £138,500 Standard Deviation is £80,727 with Total Sold: 171
- The Last 5 Year average price is £208,797 with Total Sold: 35
- The most recent sale happened at this postcode is , 26 CAMPION GARDENS: £207,700 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 15 CHASE GROVE: £37,000 (Sold on 19 Jan 1995)
Detached
- The average price is around £275,377 median price is £252,500 Standard Deviation is £127,686 with Total Sold: 671
- The Last 5 Year average price is £454,701 with Total Sold: 97
- The most recent sale happened at this postcode is , 16 SHRUBBERY CLOSE: £425,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 9 PENNS LAKE ROAD: £97,000 (Sold on 18 Jan 1995)
Semi-Detached
- The average price is around £200,158 median price is £179,998 Standard Deviation is £99,721 with Total Sold: 220
- The Last 5 Year average price is £282,995 with Total Sold: 36
- The most recent sale happened at this postcode is , 12A HERVEY GROVE: £200,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is , 264 PENNS LANE: £116,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £115,910 median price is £125,000 Standard Deviation is £48,407 with Total Sold: 81
- The Last 5 Year average price is £151,756 with Total Sold: 16
- The most recent sale happened at this postcode is 20, HAWTHORNDEN COURT, 183 PENNS LANE: £170,000 (Sold on 27 Sep 2023)
- The first recorded sale happened at this postcode is 7, HAWTHORNDEN COURT, 183 PENNS LANE: £28,000 (Sold on 31 May 1996)
Other
- The average price is around £2,159,667 median price is £367,000 Standard Deviation is £2,574,202 with Total Sold: 3
- The Last 5 Year average price is £5,800,000 with Total Sold: 1
- The most recent sale happened at this postcode is , RAMADA HOTEL & RESORT PENNS LANE: £5,800,000 (Sold on 17 May 2019)
- The first recorded sale happened at this postcode is , RAMADA HOTEL & RESORT PENNS LANE: £312,000 (Sold on 21 Jul 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,350	£2,687	2
2023	£226,000	£2,784	3
2022	£211,000	£2,249	7
2021	£241,750	£2,721	6
2020	£175,125	£2,257	8
2019	£207,856	£2,185	9
2018	£208,750	£2,447	6
2017	£209,000	£2,835	4
2016	£202,564	£1,928	7
2015	£174,158	£1,879	6
2014	£134,289	£2,048	12
2013	£166,108	£1,743	6
2012	£128,435	£1,327	10
2011	£117,667	£1,408	3
2010	£73,333	£680	1
2009	£134,333	£1,509	3
2008	£138,265	£1,904	6
2007	£194,396	£2,123	16
2006	£170,750	£1,664	8
2005	£98,575	£1,048	6
2004	£167,475	£1,920	2
2003	£101,750	£1,200	6
2002	£68,875	£845	8
2001	£85,817	£481	3
2000	£60,612	£551	4
1999	£37,688	£388	4
1998	£129,000	£1,450	3
1997	£35,750	£448	3
1996	£40,308	£377	6
1995	£44,917	£452	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£447,400	£3,617	5
2023	£503,344	£4,266	16
2022	£451,433	£4,058	15
2021	£462,625	£3,795	24
2020	£445,144	£3,603	17
2019	£418,675	£3,573	20
2018	£398,000	£3,318	23
2017	£378,532	£3,060	20
2016	£357,731	£3,113	26
2015	£292,714	£2,449	33
2014	£298,192	£2,619	26
2013	£294,839	£2,411	22
2012	£292,594	£2,629	16
2011	£286,962	£2,266	13
2010	£265,983	£2,385	15
2009	£253,409	£2,380	22
2008	£286,273	£2,549	11
2007	£296,324	£2,304	31
2006	£306,624	£2,498	23
2005	£292,816	£2,139	22
2004	£292,900	£2,321	22
2003	£249,560	£1,991	25
2002	£201,152	£1,655	29
2001	£187,189	£1,452	31
2000	£168,605	£1,307	29
1999	£162,656	£1,338	24
1998	£140,365	£1,091	24
1997	£132,603	£993	35
1996	£114,282	£921	28
1995	£109,144	£979	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£332,600	£3,793	5
2022	£343,083	£3,475	6
2021	£225,622	£2,812	13
2020	£377,562	£3,270	4
2019	£252,875	£2,864	8
2018	£318,100	£2,777	5
2017	£281,800	£2,756	10
2016	£298,494	£2,431	8
2015	£195,932	£1,949	16
2014	£158,451	£2,118	23
2013	£159,875	£1,487	4
2012	£216,488	£2,452	4
2011	£212,400	£2,220	5
2010	£176,700	£1,940	5
2009	£199,500	£2,311	4
2008	£193,788	£1,848	8
2007	£261,245	£2,322	10
2006	£156,333	£748	3
2005	£246,429	£1,931	7
2004	£229,120	£2,302	5
2003	£194,207	£2,330	7
2002	£147,589	£1,431	9
2001	£185,931	£1,664	8
2000	£110,742	£1,370	6
1999	£105,466	£1,010	10
1998	£112,000	£843	10
1997	£85,143	£732	7
1996	£87,383	£917	3
1995	£92,500	£972	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£149,700	£2,494	3
2022	£154,700	£2,050	5
2021	£141,750	£1,896	2
2020	£173,000	£2,678	4
2019	£115,000	£1,594	2
2018	£130,000	£1,759	2
2017	£92,475	£1,778	2
2016	£128,500	£1,970	2
2015	£110,150	£1,530	3
2014	£97,000	£1,373	2
2013	£101,500	£1,582	2
2012	£108,000	£1,612	1
2011	£125,500	£2,042	2
2010	£147,500	£2,141	1
2008	£129,333	£1,891	3
2007	£129,985	£2,300	11
2006	£134,099	£2,115	15
2005	£157,500	£1,831	1
2004	£150,000	£2,586	1
2003	£52,375	£688	4
2002	£27,250	£232	2
2000	£83,500		1
1999	£69,317	£1,002	3
1998	£27,500		1
1997	£55,390	£726	5
1996	£28,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£5,800,000		1
2018	£367,000	£3,529	1
2014	£312,000		1

House Type in B76 1JT area

The most common house types in the B76 1JT postcode area are Detached (114), Semi-detached (23), and Terraced (0).

Total	137
Detached	114
Semi-detached	23
Terraced	0
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 (69), and Owned: Owns with a mortgage or loan (63).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	63
Private rented: Private landlord or letting agency	2
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B76 1JT have 2 people in household (53), and 3 people in household (27).

2 people in household	53
3 people in household	27
4 people in household	25
1 person in household	19
5 people in household	8
6 people in household	2
8 or more people in household	2
0 people in household	0
7 people in household	0