Housing Market Analysis for PENNS LANE, B76 1LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £312,500 median price is £312,500 Standard Deviation is £7,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 306 PENNS LANE: £320,000 (Sold on 01 Feb 2008)
    • The first recorded sale happened at this postcode is 306 PENNS LANE: £305,000 (Sold on 31 Mar 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£320,000 £2,560 1
2006£305,000 £2,440 1

All the Sales in the PENNS LANE, B76 1LB

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

AddressSold DatePrice% Change
306 PENNS LANEDetached, FreeholdArea: 125 Sq.mtrAge: 1996-200201 Feb 2008£320,0004.92%
31 Mar 2006£305,000First Sale

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

PENNS LANE, B76 1LB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £196,714 median price is £190,000 Standard Deviation is £96,953 with Total Sold: 404
    • The Last 5 Year average price is £314,912 with Total Sold: 68
    • The most recent sale happened at this postcode is , 8 EASTLEIGH CROFT: £460,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 EASTLEIGH CROFT: £70,500 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £136,854 median price is £134,000 Standard Deviation is £62,320 with Total Sold: 217
    • The Last 5 Year average price is £203,750 with Total Sold: 42
    • The most recent sale happened at this postcode is , 40 ELDON DRIVE: £191,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 HAUNCHWOOD DRIVE: £49,000 (Sold on 31 Jan 1995)
  • Flat
    • The average price is around £103,688 median price is £106,500 Standard Deviation is £42,179 with Total Sold: 519
    • The Last 5 Year average price is £152,664 with Total Sold: 70
    • The most recent sale happened at this postcode is FLAT 14, PENNS COURT EACHELHURST ROAD: £159,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , 38 ELDON DRIVE: £42,500 (Sold on 01 Feb 1995)
  • Detached
    • The average price is around £286,338 median price is £275,000 Standard Deviation is £139,535 with Total Sold: 582
    • The Last 5 Year average price is £464,569 with Total Sold: 95
    • The most recent sale happened at this postcode is , 1 PATTERTON DRIVE: £535,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 9 PENNS LAKE ROAD: £97,000 (Sold on 18 Jan 1995)
  • Other
    • The average price is around £843,177 median price is £312,000 Standard Deviation is £1,600,117 with Total Sold: 11
    • The Last 5 Year average price is £1,327,658 with Total Sold: 6
    • The most recent sale happened at this postcode is , 21 TRIDENT CLOSE: £159,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 10 ASHURST ROAD: £190,000 (Sold on 07 Feb 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£371,812 £3,299 8
2023£349,821 £3,770 14
2022£292,500 £3,583 8
2021£292,945 £3,342 18
2020£300,938 £3,058 8
2019£293,458 £2,827 12
2018£299,850 £2,988 10
2017£283,053 £2,993 19
2016£253,429 £2,670 7
2015£251,692 £2,444 13
2014£232,879 £2,473 14
2013£203,919 £2,182 13
2012£195,627 £2,212 11
2011£180,890 £1,987 10
2010£197,304 £2,192 14
2009£166,000 £2,224 8
2008£195,629 £1,735 7
2007£212,496 £2,114 14
2006£208,322 £2,226 9
2005£235,945 £2,032 10
2004£199,675 £2,130 20
2003£180,504 £1,938 18
2002£144,047 £1,332 30
2001£118,816 £1,341 22
2000£140,024 £1,250 14
1999£92,568 £847 14
1998£87,375 £893 14
1997£79,615 £910 17
1996£68,994 £743 17
1995£82,818 £774 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,5002
2023£204,550 £2,970 10
2022£253,500 £3,139 6
2021£192,500 £2,603 7
2020£206,800 £2,659 5
2019£187,208 £2,420 12
2018£168,500 £2,656 12
2017£163,000 £2,772 4
2016£157,429 £2,653 7
2015£168,412 £2,458 12
2014£136,883 £2,350 9
2013£121,670 £1,884 10
2012£156,129 £2,126 7
2011£131,556 £2,322 9
2010£151,442 £1,827 13
2009£121,875 £1,799 4
2008£156,225 £2,537 2
2007£167,731 £1,897 8
2006£131,544 £1,953 9
2005£133,190 £2,637 5
2004£139,475 £1,930 2
2003£139,000 £2,356 1
2002£97,015 £1,678 10
2001£87,421 £1,151 7
2000£74,222 £1,099 9
1999£59,564 £977 7
1998£58,154 £901 11
1997£58,312 £507 4
1996£54,828 £782 9
1995£51,375 £896 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,0003
2023£164,265 £2,686 17
2022£166,100 £2,690 10
2021£144,607 £2,455 14
2020£155,364 £2,623 11
2019£141,033 £2,457 15
2018£144,545 £2,393 22
2017£131,358 £2,190 18
2016£128,572 £2,090 16
2015£131,881 £2,172 13
2014£128,928 £2,064 16
2013£117,695 £1,815 11
2012£109,442 £1,739 6
2011£123,682 £2,082 11
2010£109,927 £2,004 11
2009£121,455 £2,206 11
2008£128,167 £1,972 9
2007£130,048 £2,284 20
2006£121,090 £2,144 25
2005£118,028 £2,065 16
2004£120,629 £2,020 24
2003£106,116 £1,797 16
2002£83,264 £1,369 30
2001£74,485 £1,339 23
2000£66,606 £1,117 34
1999£60,015 £1,027 26
1998£53,260 £922 22
1997£50,875 £815 26
1996£48,811 £848 28
1995£48,747 £815 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£455,000 £4,103 3
2023£516,500 £3,815 14
2022£525,969 £3,902 18
2021£423,418 £3,407 22
2020£471,559 £3,285 16
2019£418,659 £3,548 22
2018£368,432 £3,325 22
2017£402,549 £2,967 18
2016£340,714 £2,850 14
2015£363,752 £2,627 14
2014£385,268 £2,551 36
2013£270,619 £2,312 16
2012£263,992 £2,231 13
2011£301,024 £2,266 19
2010£322,141 £2,239 17
2009£298,455 £2,219 11
2008£295,821 £2,281 14
2007£287,305 £2,196 21
2006£295,520 £2,431 30
2005£289,864 £2,373 18
2004£279,611 £2,116 18
2003£236,957 £1,808 22
2002£188,062 £1,437 26
2001£191,768 £1,392 22
2000£163,403 £1,246 17
1999£133,140 £975 24
1998£133,670 £1,006 23
1997£117,689 £886 31
1996£114,300 £863 25
1995£126,509 £1,002 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£159,000 £3,058 1
2021£288,474 £33 2
2020£180,000 £2,022 1
2019£3,525,0002
2018£233,500 £3,529 2
2016£340,0001
2014£251,000 £2,209 2

House Type in B76 1LB area

The most common house types in the B76 1LB postcode area are Detached (101), Flat (19), and Semi-detached (15).

Total135
Detached101
Flat19
Semi-detached15
Terraced0
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 (73), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright73
Owned: Owns with a mortgage or loan59
Private rented: Private landlord or letting agency3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B76 1LB have 2 people in household (53), and 1 person in household (30).

2 people in household53
1 person in household30
4 people in household20
3 people in household19
5 people in household11
6 people in household2
8 or more people in household2
0 people in household0
7 people in household0