Housing Market Analysis for PENNS LAKE ROAD, B76 1LL

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

Overview of Sold House prices

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

Detached
- The average price is around £294,319 median price is £297,500 Standard Deviation is £132,619 with Total Sold: 31
- The Last 5 Year average price is £518,000 with Total Sold: 6
- The most recent sale happened at this postcode is 40 PENNS LAKE ROAD: £485,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 21 PENNS LAKE ROAD: £450,000 (Sold on 17 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LL 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	£467,500	£3,680	2
2022	£524,000	£3,435	2
2021	£540,000	£3,375	1
2019	£585,000	£2,588	1
2018	£124,000	£549	1
2015	£327,000	£2,254	1
2014	£335,000	£2,445	1
2012	£297,500	£2,354	1
2011	£350,000	£2,059	1
2010	£317,983	£2,304	3
2009	£290,000	£2,223	1
2007	£305,000	£1,906	2
2006	£305,000		2
2004	£222,250	£1,485	2
2002	£209,375	£1,527	4
2001	£180,000		1
2000	£174,950	£1,411	1
1998	£111,000	£810	1
1996	£123,500	£875	3

All the Sales in the PENNS LAKE ROAD, B76 1LL

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

Address	Sold Date	Price	% Change
40 PENNS LAKE ROADDetached, LeaseholdArea: 124 Sq.mtrAge: 1967-1975	21 Jul 2023	£485,000	177.22%
	11 Feb 2000	£174,950	First Sale
24 PENNS LAKE ROADDetached, FreeholdArea: 170 Sq.mtrAge: 1967-1975	05 Dec 2022	£550,000	57.14%
	14 Oct 2011	£350,000	First Sale
23 PENNS LAKE ROADDetached, FreeholdArea: 137 Sq.mtrAge: 1967-1975	16 Feb 2022	£498,000	48.66%
	05 Dec 2014	£335,000	201.80%
	06 Nov 1998	£111,000	First Sale
18 PENNS LAKE ROADDetached, LeaseholdArea: 160 Sq.mtrAge: 1950-1966	31 Mar 2021	£540,000	77.05%
	02 Jul 2007	£305,000	0.0
	02 Jul 2007	£305,000	First Sale
32 PENNS LAKE ROADDetached, LeaseholdArea: 226 Sq.mtrAge: 1950-1966	04 Nov 2019	£585,000	371.77%
	08 Aug 2018	£124,000	First Sale
27 PENNS LAKE ROADDetached, FreeholdArea: 145.08 Sq.mtrAge: 1950-1966	02 Feb 2015	£327,000	30.83%
	22 Oct 2010	£249,950	First Sale
36 PENNS LAKE ROADDetached, FreeholdArea: 126.4 Sq.mtrAge: 1950-1966	26 Mar 2012	£297,500	First Sale
42 PENNS LAKE ROADDetached, FreeholdArea: 135.22 Sq.mtrAge: 1967-1975	15 Dec 2010	£351,000	57.40%
	02 Aug 2002	£223,000	11.78%
	04 Jan 2002	£199,500	First Sale
22 PENNS LAKE ROADDetached, FreeholdArea: 136.1 Sq.mtrAge: 1967-1975	04 Aug 2010	£353,000	81.03%
	28 Mar 2002	£195,000	First Sale
21 PENNS LAKE ROADDetached, FreeholdArea: 130.46 Sq.mtrAge: 1950-1966	14 Aug 2009	£290,000	41.12%
	06 Feb 2004	£205,500	-54.33%
	17 Nov 2023	£450,000	First Sale
28 PENNS LAKE ROADDetached, Freehold	20 Sep 2006	£305,000	0.0
	20 Sep 2006	£305,000	69.44%
	20 Aug 2001	£180,000	41.18%
	03 May 1996	£127,500	0.0
	03 May 1996	£127,500	First Sale
34 PENNS LAKE ROADDetached, FreeholdArea: 153 Sq.mtrAge: 1950-1966	10 Mar 2004	£239,000	First Sale
20 PENNS LAKE ROADDetached, LeaseholdArea: 142 Sq.mtrAge: 1950-1966	27 Sep 2002	£220,000	First Sale
19 PENNS LAKE ROADDetached, LeaseholdArea: 132 Sq.mtrAge: 1967-1975	12 Jul 1996	£115,500	First Sale

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

PENNS LAKE ROAD, B76 1LL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £205,183 median price is £197,000 Standard Deviation is £93,894 with Total Sold: 207
- The Last 5 Year average price is £299,191 with Total Sold: 34
- 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 £143,330 median price is £141,000 Standard Deviation is £61,397 with Total Sold: 136
- The Last 5 Year average price is £206,828 with Total Sold: 29
- 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 £104,650 median price is £106,500 Standard Deviation is £42,071 with Total Sold: 439
- The Last 5 Year average price is £151,123 with Total Sold: 61
- 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 £281,744 median price is £275,000 Standard Deviation is £130,161 with Total Sold: 366
- The Last 5 Year average price is £456,208 with Total Sold: 60
- 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 £1,009,222 median price is £340,000 Standard Deviation is £1,725,034 with Total Sold: 9
- The Last 5 Year average price is £1,592,800 with Total Sold: 5
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£318,333		3
2023	£320,832	£3,584	6
2022	£251,667	£3,977	3
2021	£310,688	£3,521	8
2020	£282,917	£2,946	6
2019	£294,312	£2,933	8
2018	£334,750	£3,045	4
2017	£299,154	£3,163	13
2016	£276,625	£2,819	4
2015	£311,375	£2,679	4
2014	£261,857	£2,604	7
2013	£213,890	£2,415	5
2012	£217,238	£2,466	4
2011	£173,000	£1,860	5
2010	£198,929	£2,363	7
2009	£185,250	£2,456	4
2008	£168,750	£1,318	4
2007	£230,625	£1,995	6
2006	£182,167	£2,243	6
2005	£235,556	£2,373	8
2004	£212,020	£2,355	15
2003	£192,522	£1,966	8
2002	£154,997	£1,413	17
2001	£124,995	£1,392	10
2000	£157,628	£1,432	9
1999	£103,362	£930	4
1998	£91,214	£815	7
1997	£83,856	£972	8
1996	£77,286	£734	7
1995	£89,500	£887	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£181,500		2
2023	£198,400	£2,770	5
2022	£292,500	£3,185	4
2021	£180,100	£2,478	5
2020	£223,500	£2,730	4
2019	£186,500	£2,354	9
2018	£164,357	£2,673	7
2017	£163,000	£2,772	4
2016	£163,000	£2,653	4
2015	£166,158	£2,506	6
2014	£129,500	£2,464	6
2013	£121,670	£1,884	10
2012	£161,975	£2,257	4
2011	£131,000	£2,591	5
2010	£175,781	£1,827	8
2009	£127,500	£1,808	3
2008	£156,225	£2,537	2
2007	£162,407	£1,951	7
2006	£132,380	£1,819	5
2005	£135,488	£2,637	4
2004	£139,475	£1,930	2
2002	£97,950	£1,788	5
2001	£85,590	£1,107	5
2000	£68,500	£1,133	5
1999	£55,000	£791	2
1998	£53,150	£709	5
1997	£33,000	£429	1
1996	£50,500	£467	3
1995	£51,375	£896	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,500		2
2023	£159,964	£2,675	14
2022	£168,250	£2,587	8
2021	£144,607	£2,455	14
2020	£155,444	£2,495	9
2019	£141,464	£2,431	14
2018	£144,676	£2,290	17
2017	£131,938	£2,220	17
2016	£127,832	£2,006	14
2015	£137,167	£2,162	9
2014	£129,257	£2,066	15
2013	£118,961	£1,761	9
2012	£109,442	£1,739	6
2011	£123,682	£2,082	11
2010	£111,800	£1,997	9
2009	£124,100	£2,281	10
2008	£130,500	£1,874	7
2007	£129,750	£2,328	18
2006	£121,142	£2,056	20
2005	£117,230	£2,060	15
2004	£120,339	£1,956	18
2003	£106,346	£1,817	14
2002	£84,175	£1,355	28
2001	£73,085	£1,301	17
2000	£67,420	£1,089	29
1999	£60,778	£1,042	23
1998	£53,320	£924	18
1997	£52,560	£830	21
1996	£49,668	£849	22
1995	£48,041	£782	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£415,000	£4,027	2
2023	£540,545	£3,791	11
2022	£485,600	£3,866	10
2021	£415,731	£3,212	13
2020	£457,272	£3,187	9
2019	£414,700	£3,457	15
2018	£358,206	£3,437	17
2017	£373,606	£3,036	13
2016	£344,000	£2,995	8
2015	£363,688	£2,465	8
2014	£315,591	£2,457	16
2013	£279,450	£2,316	11
2012	£267,035	£2,305	13
2011	£323,945	£2,256	10
2010	£299,079	£2,184	12
2009	£298,636	£2,282	11
2008	£303,875	£2,351	8
2007	£279,293	£2,211	15
2006	£301,710	£2,524	20
2005	£303,671	£2,322	12
2004	£239,318	£1,930	11
2003	£230,715	£1,788	10
2002	£189,048	£1,421	23
2001	£188,376	£1,455	17
2000	£184,190	£1,434	5
1999	£116,830	£990	15
1998	£134,204	£919	14
1997	£117,174	£877	17
1996	£103,767	£809	12
1995	£106,425	£970	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£159,000	£3,058	1
2021	£575,000		1
2020	£180,000	£2,022	1
2019	£3,525,000		2
2018	£233,500	£3,529	2
2016	£340,000		1
2014	£312,000		1

House Type in B76 1LL area

The most common house types in the B76 1LL postcode area are Detached (61), Flat (44), and Terraced (1).

Total	107
Detached	61
Flat	44
Terraced	1
commercial building	1
Semi-detached	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	31
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	4
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B76 1LL have 2 people in household (43), and 1 person in household (27).

2 people in household	43
1 person in household	27
3 people in household	17
4 people in household	17
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0