Housing Market Analysis for PENNS LANE, B76 1LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £492,500 median price is £492,500 Standard Deviation is £137,500 with Total Sold: 2
    • The Last 5 Year average price is £630,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 304 PENNS LANE: £630,000 (Sold on 18 Jul 2023)
    • The first recorded sale happened at this postcode is 302 PENNS LANE: £355,000 (Sold on 28 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LE 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
2023£630,000 £3,772 1
2005£355,0001

All the Sales in the PENNS LANE, B76 1LE

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

AddressSold DatePrice% Change
304 PENNS LANEDetached, FreeholdArea: 167 Sq.mtrAge: 1930-194918 Jul 2023£630,000First Sale
302 PENNS LANEDetached, Freehold28 Oct 2005£355,000First Sale

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

PENNS LANE, B76 1LE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £196,001 median price is £190,000 Standard Deviation is £97,514 with Total Sold: 375
    • The Last 5 Year average price is £311,000 with Total Sold: 62
    • The most recent sale happened at this postcode is , 16 CHECKLEY CROFT: £215,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 264 PENNS LANE: £116,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £137,720 median price is £135,000 Standard Deviation is £62,278 with Total Sold: 223
    • The Last 5 Year average price is £203,849 with Total Sold: 43
    • 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 £287,543 median price is £276,500 Standard Deviation is £141,051 with Total Sold: 555
    • The Last 5 Year average price is £465,870 with Total Sold: 91
    • 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£361,583 £3,299 6
2023£363,846 £3,796 13
2022£292,500 £3,583 8
2021£290,942 £3,289 17
2020£296,250 £2,959 8
2019£272,650 £2,793 10
2018£303,389 £2,993 9
2017£286,474 £2,985 19
2016£243,167 £2,657 6
2015£254,125 £2,446 12
2014£234,167 £2,471 12
2013£204,782 £2,205 14
2012£176,125 £2,161 8
2011£172,106 £1,932 9
2010£194,942 £2,174 13
2009£166,000 £2,224 8
2008£207,711 £1,718 9
2007£210,608 £2,100 13
2006£192,045 £2,127 10
2005£240,086 £2,448 11
2004£197,052 £2,105 20
2003£179,238 £1,947 15
2002£145,239 £1,324 27
2001£117,866 £1,343 19
2000£142,550 £1,277 13
1999£88,050 £787 12
1998£84,412 £916 12
1997£78,223 £927 13
1996£67,620 £736 20
1995£87,556 £887 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,5002
2023£204,550 £2,970 10
2022£253,500 £3,139 6
2021£174,583 £2,488 6
2020£211,500 £2,641 6
2019£193,808 £2,417 13
2018£168,500 £2,656 12
2017£182,833 £2,652 6
2016£157,429 £2,653 7
2015£167,188 £2,456 13
2014£136,883 £2,350 9
2013£125,473 £1,842 11
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£86,744 £1,097 8
2000£74,222 £1,099 9
1999£59,564 £977 7
1998£58,154 £901 11
1997£46,833 £507 3
1996£54,828 £782 9
1995£52,290 £896 5
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£509,867 £3,823 15
2022£530,794 £3,935 17
2021£419,152 £3,348 21
2020£477,997 £3,300 15
2019£419,275 £3,503 20
2018£370,263 £3,366 19
2017£402,549 £2,967 18
2016£339,462 £2,857 13
2015£363,752 £2,627 14
2014£392,108 £2,539 34
2013£269,369 £2,333 16
2012£268,359 £2,210 11
2011£304,692 £2,291 18
2010£322,141 £2,239 17
2009£298,455 £2,219 11
2008£298,038 £2,320 13
2007£287,305 £2,196 21
2006£298,355 £2,396 27
2005£288,026 £2,373 19
2004£279,611 £2,116 18
2003£241,378 £1,776 20
2002£188,062 £1,437 26
2001£186,079 £1,372 24
2000£159,704 £1,230 14
1999£131,386 £986 21
1998£136,019 £1,023 21
1997£118,667 £891 29
1996£113,021 £829 24
1995£119,438 £892 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 1LE area

The most common house types in the B76 1LE 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 1LE 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