Housing Market Analysis for PENNS LANE, B76 1LG

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

Overview of Sold House prices

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

Detached
- The average price is around £457,500 median price is £495,000 Standard Deviation is £119,033 with Total Sold: 4
- The Last 5 Year average price is £560,000 with Total Sold: 2
- The most recent sale happened at this postcode is 274 PENNS LANE: £570,000 (Sold on 01 Sep 2023)
- The first recorded sale happened at this postcode is 296 PENNS LANE: £270,000 (Sold on 28 Jun 2004)
Semi-Detached
- The average price is around £221,329 median price is £211,250 Standard Deviation is £112,389 with Total Sold: 12
- The Last 5 Year average price is £435,000 with Total Sold: 1
- The most recent sale happened at this postcode is 282 PENNS LANE: £435,000 (Sold on 02 May 2019)
- The first recorded sale happened at this postcode is 286 PENNS LANE: £109,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LG 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
2023	£570,000	£4,914	1
2019	£550,000	£3,090	1
2015	£440,000	£2,472	1
2004	£270,000	£1,517	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£435,000	£2,919	1
2016	£340,000	£2,378	1
2014	£317,500	£2,319	2
2008	£54,500	£381	1
2002	£221,500	£1,309	2
2000	£211,250		2
1998	£117,000	£818	1
1997	£99,950	£699	1
1995	£109,000		1

All the Sales in the PENNS LANE, B76 1LG

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

Address	Sold Date	Price	% Change
274 PENNS LANEDetached, FreeholdArea: 116 Sq.mtrAge: 1900-1929	01 Sep 2023	£570,000	First Sale
282 PENNS LANESemi-Detached, FreeholdArea: 149 Sq.mtrAge: 1930-1949	02 May 2019	£435,000	17.57%
	28 Feb 2014	£370,000	89.74%
	15 Nov 2002	£195,000	First Sale
296 PENNS LANEDetached, FreeholdArea: 178 Sq.mtrAge: 1930-1949	01 May 2019	£550,000	25.00%
	20 Nov 2015	£440,000	62.96%
	28 Jun 2004	£270,000	First Sale
278 PENNS LANESemi-Detached, FreeholdArea: 143 Sq.mtrAge: 1930-1949	16 Aug 2016	£340,000	523.85%
	03 Dec 2008	£54,500	-53.42%
	30 Oct 1998	£117,000	17.06%
	21 Mar 1997	£99,950	First Sale
280 PENNS LANESemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1930-1949	27 Nov 2014	£265,000	First Sale
288 PENNS LANESemi-Detached, Freehold	06 Aug 2002	£248,000	22.47%
288 PENNS LANESemi-Detached, Freehold	18 Dec 2000	£202,500	First Sale
286 PENNS LANESemi-Detached, Freehold	28 Jul 2000	£220,000	101.83%
286 PENNS LANESemi-Detached, Freehold	12 May 1995	£109,000	First Sale

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

PENNS LANE, B76 1LG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £201,235 median price is £197,250 Standard Deviation is £95,995 with Total Sold: 406
- The Last 5 Year average price is £310,127 with Total Sold: 71
- 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 £139,511 median price is £135,000 Standard Deviation is £61,922 with Total Sold: 218
- 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 £106,594 median price is £108,000 Standard Deviation is £43,547 with Total Sold: 483
- The Last 5 Year average price is £152,648 with Total Sold: 64
- 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 £291,071 median price is £280,000 Standard Deviation is £139,082 with Total Sold: 467
- The Last 5 Year average price is £457,771 with Total Sold: 80
- The most recent sale happened at this postcode is , 9 ALDER CLOSE: £435,000 (Sold on 09 Jan 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£361,583	£3,299	6
2023	£363,846	£3,796	13
2022	£302,778	£3,557	9
2021	£304,334	£3,294	21
2020	£276,818	£2,928	11
2019	£268,955	£2,752	11
2018	£281,929	£2,911	14
2017	£286,474	£2,985	19
2016	£243,167	£2,657	6
2015	£250,679	£2,425	14
2014	£225,000	£2,512	14
2013	£206,463	£2,253	15
2012	£183,429	£2,176	7
2011	£172,106	£1,932	9
2010	£198,696	£2,173	14
2009	£163,333	£2,187	9
2008	£201,740	£1,701	10
2007	£225,727	£2,156	15
2006	£191,450	£2,155	11
2005	£252,698	£2,469	20
2004	£197,052	£2,105	20
2003	£179,238	£1,947	15
2002	£142,748	£1,295	26
2001	£118,222	£1,343	20
2000	£130,267	£1,277	12
1999	£88,050	£787	12
1998	£84,412	£916	12
1997	£78,223	£927	13
1996	£67,620	£736	20
1995	£90,188	£887	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£181,500		2
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	£152,862	£2,126	8
2011	£131,556	£2,322	9
2010	£155,729	£1,809	12
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	£98,517	£1,678	9
2001	£86,744	£1,097	8
2000	£74,222	£1,099	9
1999	£57,590	£940	5
1998	£57,020	£901	10
1997	£47,250	£507	2
1996	£54,828	£782	9
1995	£52,290	£896	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,500		2
2023	£162,344	£2,624	16
2022	£168,250	£2,587	8
2021	£147,833	£2,450	15
2020	£155,444	£2,495	9
2019	£141,464	£2,431	14
2018	£149,024	£2,326	21
2017	£135,972	£2,203	20
2016	£127,832	£2,006	14
2015	£140,405	£2,137	11
2014	£128,928	£2,064	16
2013	£118,961	£1,761	9
2012	£118,807	£1,777	7
2011	£127,542	£2,082	12
2010	£111,120	£1,973	10
2009	£121,455	£2,206	11
2008	£130,500	£1,874	7
2007	£130,048	£2,284	20
2006	£124,130	£2,071	22
2005	£132,949	£2,117	21
2004	£122,814	£1,993	21
2003	£105,523	£1,792	15
2002	£84,175	£1,355	28
2001	£74,813	£1,327	19
2000	£67,838	£1,102	30
1999	£60,015	£1,027	26
1998	£52,941	£916	21
1997	£51,728	£800	23
1996	£49,446	£842	24
1995	£48,041	£782	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£415,000	£4,027	2
2023	£509,867	£3,823	15
2022	£517,385	£3,897	13
2021	£400,678	£3,215	18
2020	£488,073	£3,282	13
2019	£413,711	£3,498	19
2018	£356,929	£3,307	14
2017	£390,046	£2,997	19
2016	£330,800	£2,726	10
2015	£360,538	£2,544	13
2014	£389,990	£2,563	34
2013	£261,425	£2,339	14
2012	£268,359	£2,210	11
2011	£311,675	£2,254	14
2010	£316,330	£2,213	15
2009	£298,455	£2,219	11
2008	£300,100	£2,320	10
2007	£275,744	£2,213	18
2006	£305,826	£2,411	25
2005	£291,333	£2,256	18
2004	£258,429	£1,930	14
2003	£219,293	£1,690	14
2002	£190,562	£1,415	26
2001	£176,448	£1,381	21
2000	£149,492	£1,434	6
1999	£124,700	£994	18
1998	£133,497	£942	15
1997	£111,161	£863	18
1996	£109,000	£831	18
1995	£121,250	£792	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£159,000	£3,058	1
2021	£288,474	£33	2
2020	£180,000	£2,022	1
2019	£3,525,000		2
2018	£233,500	£3,529	2
2016	£340,000		1
2014	£251,000	£2,209	2

House Type in B76 1LG area

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

Total	135
Detached	101
Flat	19
Semi-detached	15
Terraced	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 (73), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright	73
Owned: Owns with a mortgage or loan	59
Private rented: Private landlord or letting agency	3
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	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 1LG have 2 people in household (53), and 1 person in household (30).

2 people in household	53
1 person in household	30
4 people in household	20
3 people in household	19
5 people in household	11
6 people in household	2
8 or more people in household	2
0 people in household	0
7 people in household	0