Housing Market Analysis for PENNS LAKE ROAD, B76 1LN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £299,240 median price is £276,500 Standard Deviation is £154,410 with Total Sold: 21
    • The Last 5 Year average price is £560,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 PENNS LAKE ROAD: £616,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is 11 PENNS LAKE ROAD: £495,000 (Sold on 12 Oct 2023)
  • Terraced
    • The average price is around £284,000 median price is £284,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 PENNS LAKE ROAD: £284,000 (Sold on 03 Aug 2007)
    • The first recorded sale happened at this postcode is 5 PENNS LAKE ROAD: £284,000 (Sold on 03 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LN 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£555,500 £3,787 2
2022£570,000 £4,668 1
2018£388,000 £3,626 1
2017£577,000 £2,944 1
2015£402,000 £2,379 1
2014£220,000 £1,302 1
2011£330,000 £2,702 1
2008£307,500 £2,440 1
2007£269,000 £2,075 2
2006£282,475 £2,295 2
2005£249,1001
2003£220,000 £1,803 1
2002£195,000 £1,383 1
2001£165,0002
1997£115,000 £816 1
1996£69,5001
1995£97,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£284,0001

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

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

AddressSold DatePrice% Change
6 PENNS LAKE ROADDetached, FreeholdArea: 169 Sq.mtrAge: 1950-196629 Sep 2023£616,00053.23%
06 Feb 2015£402,00082.73%
21 Feb 2014£220,000First Sale
12 PENNS LAKE ROADDetached, FreeholdArea: 122.12 Sq.mtrAge: 1950-196616 Sep 2022£570,00072.73%
11 Mar 2011£330,00069.23%
02 Sep 2002£195,00069.57%
21 Feb 1997£115,000First Sale
17 PENNS LAKE ROADDetached, FreeholdArea: 107 Sq.mtrAge: 1950-196616 Aug 2018£388,000First Sale
4 PENNS LAKE ROADDetached, FreeholdArea: 196 Sq.mtr21 Jun 2017£577,000First Sale
11 PENNS LAKE ROADDetached, FreeholdArea: 126 Sq.mtrAge: 1967-197504 Sep 2008£307,50017.59%
30 Nov 2007£261,500-47.17%
12 Oct 2023£495,000First Sale
10 PENNS LAKE ROADDetached, Freehold26 Nov 2007£276,50067.58%
03 Aug 2001£165,0000.0
03 Aug 2001£165,000First Sale
5 PENNS LAKE ROADTerraced, Freehold03 Aug 2007£284,000308.63%
01 May 1996£69,500First Sale
9 PENNS LAKE ROADDetached, Freehold30 Nov 2006£285,000193.81%
18 Jan 1995£97,000First Sale
14 PENNS LAKE ROADDetached, FreeholdArea: 122 Sq.mtrAge: 1967-197525 Aug 2006£279,95027.25%
15 May 2003£220,000First Sale
7 PENNS LAKE ROADDetached, Leasehold07 Oct 2005£249,100First Sale

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

PENNS LAKE ROAD, B76 1LN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £202,779 median price is £192,750 Standard Deviation is £95,506 with Total Sold: 242
    • The Last 5 Year average price is £304,872 with Total Sold: 39
    • 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 £150,265 median price is £145,000 Standard Deviation is £69,872 with Total Sold: 155
    • The Last 5 Year average price is £209,433 with Total Sold: 30
    • 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 £107,349 median price is £108,950 Standard Deviation is £43,787 with Total Sold: 471
    • The Last 5 Year average price is £154,739 with Total Sold: 69
    • 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 £286,977 median price is £280,000 Standard Deviation is £128,103 with Total Sold: 439
    • The Last 5 Year average price is £455,565 with Total Sold: 68
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£351,750 £3,299 4
2023£352,856 £3,947 7
2022£285,200 £4,212 5
2021£293,410 £3,212 11
2020£278,000 £2,820 5
2019£281,357 £2,886 7
2018£306,917 £2,824 6
2017£296,692 £3,122 13
2016£264,100 £2,684 5
2015£284,357 £2,371 7
2014£251,250 £2,545 8
2013£213,890 £2,415 5
2012£206,333 £2,563 3
2011£179,369 £1,803 8
2010£185,482 £2,141 11
2009£185,250 £2,456 4
2008£168,750 £1,318 4
2007£219,778 £2,012 9
2006£182,167 £2,243 6
2005£237,161 £2,373 9
2004£213,239 £2,410 14
2003£197,470 £1,983 11
2002£155,053 £1,448 18
2001£128,535 £1,550 13
2000£141,088 £1,432 8
1999£97,207 £932 7
1998£94,156 £767 8
1997£86,106 £949 9
1996£76,875 £702 8
1995£89,556 £1,028 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,5002
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£196,350 £2,416 10
2018£164,357 £2,673 7
2017£209,400 £3,154 5
2016£210,400 £2,738 5
2015£166,158 £2,506 6
2014£155,250 £2,486 8
2013£138,336 £1,928 11
2012£178,971 £2,193 7
2011£144,500 £2,560 6
2010£173,250 £1,846 9
2009£127,500 £1,808 3
2008£156,225 £2,537 2
2007£173,350 £1,946 8
2006£144,817 £1,704 6
2005£135,488 £2,637 4
2004£139,475 £1,930 2
2002£106,617 £1,788 6
2001£85,590 £1,107 5
2000£76,250 £1,049 6
1999£55,000 £791 2
1998£55,958 £709 6
1997£33,000 £429 1
1996£56,333 £609 6
1995£51,375 £896 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£114,5002
2023£162,219 £2,696 16
2022£170,700 £2,594 10
2021£145,400 £2,455 15
2020£165,333 £2,616 12
2019£141,464 £2,431 14
2018£147,194 £2,316 18
2017£131,938 £2,220 17
2016£129,643 £2,025 15
2015£139,750 £2,171 10
2014£129,257 £2,066 15
2013£121,865 £1,799 10
2012£109,442 £1,739 6
2011£125,542 £2,118 12
2010£115,370 £2,013 10
2009£124,100 £2,281 10
2008£133,611 £1,903 9
2007£138,736 £2,379 21
2006£127,080 £2,118 23
2005£119,747 £2,046 16
2004£121,900 £2,001 19
2003£106,346 £1,817 14
2002£84,175 £1,355 28
2001£73,085 £1,301 17
2000£67,956 £1,089 30
1999£62,914 £1,067 25
1998£53,320 £924 18
1997£54,188 £850 25
1996£48,726 £849 23
1995£48,041 £782 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,000 £4,027 2
2023£540,545 £3,791 11
2022£489,182 £3,876 11
2021£417,300 £3,193 15
2020£447,586 £3,242 11
2019£424,361 £3,478 18
2018£369,500 £3,243 21
2017£378,728 £3,027 17
2016£348,091 £2,742 11
2015£371,036 £2,566 14
2014£320,525 £2,444 18
2013£288,662 £2,346 12
2012£279,746 £2,343 14
2011£307,038 £2,219 12
2010£296,688 £2,153 13
2009£293,583 £2,242 12
2008£304,909 £2,387 11
2007£298,971 £2,130 21
2006£307,928 £2,501 25
2005£295,529 £2,264 17
2004£261,214 £1,929 14
2003£234,346 £1,715 12
2002£187,004 £1,382 24
2001£194,768 £1,455 20
2000£184,993 £1,434 7
1999£115,653 £991 16
1998£144,403 £1,000 17
1997£119,155 £877 19
1996£104,262 £829 16
1995£103,675 £970 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£159,000 £3,058 1
2021£575,0001
2020£180,000 £2,022 1
2019£3,525,0002
2018£233,500 £3,529 2
2016£340,0001
2014£312,0001

House Type in B76 1LN area

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