Housing Market Analysis for PENNS LANE, B76 1LH

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

Overview of Sold House prices

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

  • Other
    • The average price is around £3,056,000 median price is £3,056,000 Standard Deviation is £2,744,000 with Total Sold: 2
    • 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:

Below table and chart gives the average B76 1LH 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£5,800,0001
2014£312,0001

All the Sales in the PENNS LANE, B76 1LH

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

AddressSold DatePrice% Change
RAMADA HOTEL & RESORT PENNS LANEOther, Freehold17 May 2019£5,800,0001758.97%
21 Jul 2014£312,000First Sale

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

PENNS LANE, B76 1LH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £211,752 median price is £220,000 Standard Deviation is £102,323 with Total Sold: 35
    • The Last 5 Year average price is £296,400 with Total Sold: 5
    • 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 , 34 SHRUBBERY CLOSE: £250,000 (Sold on 18 May 1998)
  • Semi-Detached
    • The average price is around £213,230 median price is £214,500 Standard Deviation is £98,209 with Total Sold: 160
    • The Last 5 Year average price is £350,364 with Total Sold: 22
    • The most recent sale happened at this postcode is , 27 ALLENDALE ROAD: £320,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 264 PENNS LANE: £116,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £273,785 median price is £269,000 Standard Deviation is £124,472 with Total Sold: 527
    • The Last 5 Year average price is £451,782 with Total Sold: 76
    • 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)
  • Flat
    • The average price is around £107,957 median price is £115,000 Standard Deviation is £41,820 with Total Sold: 294
    • The Last 5 Year average price is £157,489 with Total Sold: 45
    • 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)
  • Other
    • The average price is around £1,659,500 median price is £339,500 Standard Deviation is £2,391,733 with Total Sold: 4
    • The Last 5 Year average price is £2,979,500 with Total Sold: 2
    • 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 , RAMADA HOTEL & RESORT PENNS LANE: £312,000 (Sold on 21 Jul 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2022£330,000 £3,801 2
2020£351,000 £3,475 1
2019£280,000 £2,800 1
2017£395,000 £4,680 1
2016£400,000 £3,077 1
2015£332,475 £2,786 2
2014£250,000 £2,874 1
2013£305,000 £2,366 1
2012£223,283 £2,213 3
2011£212,000 £2,437 1
2010£179,583 £1,767 4
2007£194,338 £2,102 4
2006£149,650 £1,673 3
2004£197,475 £2,553 2
2002£80,500 £1,258 1
2001£126,950 £1,257 1
2000£60,500 £1,048 3
1999£54,000 £931 1
1998£250,000 £2,841 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,0002
2023£352,250 £3,509 4
2022£390,333 £4,716 3
2021£331,625 £3,483 8
2020£352,500 £3,128 2
2019£343,333 £2,938 3
2018£335,750 £3,031 6
2017£322,833 £2,875 6
2016£306,333 £2,380 3
2015£253,375 £2,307 4
2014£261,857 £2,604 7
2013£234,667 £2,329 3
2012£194,000 £2,519 1
2011£184,167 £1,860 6
2010£234,500 £2,114 3
2008£227,000 £1,318 4
2007£258,375 £1,991 4
2006£190,000 £1,628 2
2005£248,445 £2,373 10
2004£234,767 £2,273 9
2003£210,203 £2,172 7
2002£156,730 £1,404 15
2001£145,812 £1,658 8
2000£144,814 £1,152 7
1999£100,238 £1,063 4
1998£103,214 £842 7
1997£89,900 £763 6
1996£81,667 £795 6
1995£91,100 £1,028 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£439,000 £4,027 5
2023£544,250 £4,110 12
2022£491,125 £3,833 12
2021£423,167 £3,406 18
2020£419,405 £3,252 11
2019£415,861 £3,555 18
2018£354,000 £3,104 16
2017£377,094 £2,850 16
2016£359,357 £3,004 21
2015£363,941 £2,636 17
2014£295,775 £2,459 20
2013£298,958 £2,367 13
2012£269,144 £2,389 17
2011£288,125 £2,323 12
2010£288,330 £2,248 15
2009£256,059 £2,269 17
2008£305,722 £2,472 9
2007£293,162 £2,211 24
2006£301,807 £2,536 21
2005£319,026 £2,407 17
2004£270,995 £2,140 21
2003£241,072 £1,895 16
2002£197,288 £1,598 33
2001£188,402 £1,508 27
2000£170,767 £1,252 12
1999£139,304 £1,119 23
1998£141,937 £1,011 19
1997£122,640 £881 25
1996£104,168 £747 22
1995£111,302 £1,003 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,0001
2023£160,250 £2,611 10
2022£164,286 £2,486 7
2021£154,444 £2,444 9
2020£166,375 £2,661 8
2019£145,450 £2,360 10
2018£134,773 £1,998 11
2017£127,121 £2,174 12
2016£125,915 £1,895 10
2015£139,375 £2,000 4
2014£112,044 £1,933 9
2013£112,331 £1,714 8
2012£109,442 £1,739 6
2011£117,944 £1,960 9
2010£114,792 £1,863 6
2009£115,143 £2,247 7
2008£134,000 £1,909 4
2007£138,053 £2,308 18
2006£129,729 £2,047 17
2005£123,883 £1,856 9
2004£126,832 £2,033 11
2003£101,989 £1,686 9
2002£85,083 £1,253 17
2001£70,993 £1,168 7
2000£65,888 £887 12
1999£62,821 £971 12
1998£55,572 £910 9
1997£53,375 £808 18
1996£45,172 £805 16
1995£47,744 £749 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£159,000 £3,058 1
2019£5,800,0001
2018£367,000 £3,529 1
2014£312,0001

House Type in B76 1LH area

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