Housing Market Analysis for PENNS LANE, B76 1LQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £334,781 median price is £302,500 Standard Deviation is £180,560 with Total Sold: 16
    • The Last 5 Year average price is £586,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 238 PENNS LANE: £620,000 (Sold on 25 May 2023)
    • The first recorded sale happened at this postcode is 242 PENNS LANE: £77,000 (Sold on 21 Mar 1996)
  • Semi-Detached
    • The average price is around £257,857 median price is £250,000 Standard Deviation is £109,984 with Total Sold: 7
    • The most recent sale happened at this postcode is 264 PENNS LANE: £425,000 (Sold on 26 May 2017)
    • The first recorded sale happened at this postcode is 264 PENNS LANE: £116,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LQ 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£620,000 £3,949 1
2021£600,000 £4,545 1
2020£540,000 £3,214 1
2016£526,0001
2009£336,000 £2,545 1
2006£346,0002
2005£575,000 £2,416 1
2003£305,0001
2002£250,000 £1,592 1
2001£245,000 £1,561 1
1999£116,0001
1998£215,500 £905 1
1997£129,500 £870 2
1996£77,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£387,000 £2,684 2
2004£315,000 £3,260 1
2003£250,000 £2,587 2
1997£100,000 £680 1
1995£116,000 £817 1

All the Sales in the PENNS LANE, B76 1LQ

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

AddressSold DatePrice% Change
238 PENNS LANEDetached, FreeholdArea: 157 Sq.mtrAge: 1930-194925 May 2023£620,000148.00%
03 May 2002£250,0002.04%
19 Mar 2001£245,000First Sale
240 PENNS LANEDetached, FreeholdArea: 132 Sq.mtrAge: 1900-192916 Nov 2021£600,00078.57%
24 Jul 2009£336,000175.41%
10 Sep 1997£122,000First Sale
232 PENNS LANEDetached, FreeholdArea: 168 Sq.mtrAge: 1930-194902 Jul 2020£540,000294.16%
30 May 1997£137,000First Sale
264 PENNS LANESemi-Detached, FreeholdArea: 142 Sq.mtrAge: 1930-194926 May 2017£425,000266.38%
20 Jan 1995£116,000First Sale
228 PENNS LANESemi-Detached, FreeholdArea: 147 Sq.mtrAge: 1930-194924 Mar 2017£349,000249.00%
07 Feb 1997£100,000First Sale
272A PENNS LANEDetached, Freehold27 Jan 2016£526,000First Sale
256 PENNS LANEDetached, Freehold13 Apr 2006£300,000First Sale
266 PENNS LANEDetached, Freehold08 Feb 2006£392,00028.52%
29 Aug 2003£305,000First Sale
272 PENNS LANEDetached, FreeholdArea: 238 Sq.mtrAge: 1930-194904 Nov 2005£575,000166.82%
24 Jul 1998£215,500First Sale
230 PENNS LANESemi-Detached, FreeholdArea: 96.62 Sq.mtrAge: 1930-194922 Jul 2004£315,00026.00%
24 Apr 2003£250,000First Sale
248 PENNS LANESemi-Detached, Freehold21 Nov 2003£250,000First Sale
258 PENNS LANEDetached, Freehold26 Nov 1999£116,000First Sale
242 PENNS LANEDetached, Freehold21 Mar 1996£77,000First Sale

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

PENNS LANE, B76 1LQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £199,587 median price is £207,000 Standard Deviation is £99,774 with Total Sold: 33
    • The Last 5 Year average price is £267,333 with Total Sold: 3
    • 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 £231,627 median price is £240,000 Standard Deviation is £104,450 with Total Sold: 109
    • The Last 5 Year average price is £369,733 with Total Sold: 15
    • The most recent sale happened at this postcode is , 343 EACHELHURST ROAD: £420,000 (Sold on 26 Jul 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 £277,058 median price is £274,725 Standard Deviation is £125,390 with Total Sold: 528
    • The Last 5 Year average price is £457,684 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 £111,236 median price is £116,500 Standard Deviation is £43,567 with Total Sold: 308
    • The Last 5 Year average price is £158,261 with Total Sold: 46
    • 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£260,000 £3,562 1
2020£351,000 £3,475 1
2017£395,000 £4,680 1
2016£400,000 £3,077 1
2015£405,000 £3,164 1
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£74,125 £964 4
1999£54,000 £931 1
1998£250,000 £2,841 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£420,0001
2023£485,750 £4,768 2
2022£385,500 £4,737 2
2021£325,500 £3,208 7
2020£370,000 £2,803 1
2019£367,500 £2,902 2
2018£383,667 £3,036 3
2017£348,000 £2,831 4
2016£329,500 £2,320 2
2015£283,000 £2,133 2
2014£291,667 £2,544 3
2013£230,000 £2,870 1
2011£181,667 £1,857 3
2010£244,750 £1,937 2
2008£234,500 £1,318 3
2007£298,238 £2,282 4
2006£190,000 £1,628 2
2005£265,401 £2,375 15
2004£238,167 £2,256 6
2003£226,400 £2,330 5
2002£165,600 £1,287 10
2001£156,000 £2,150 4
2000£165,750 £1,024 4
1999£95,750 £1,072 2
1998£104,417 £842 6
1997£93,080 £763 5
1996£75,000 £530 1
1995£96,286 £1,090 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£439,000 £4,027 5
2023£549,182 £4,127 11
2022£509,885 £3,913 13
2021£422,889 £3,345 18
2020£421,121 £3,268 12
2019£426,706 £3,364 17
2018£354,000 £3,050 15
2017£377,188 £2,884 16
2016£367,447 £2,989 19
2015£353,975 £2,649 20
2014£298,833 £2,422 21
2013£304,704 £2,369 12
2012£283,097 £2,396 15
2011£292,115 £2,308 13
2010£295,996 £2,162 13
2009£258,882 £2,237 17
2008£304,500 £2,464 11
2007£306,902 £2,152 21
2006£303,198 £2,524 25
2005£311,709 £2,344 21
2004£276,622 £1,979 20
2003£242,009 £1,817 16
2002£197,191 £1,597 29
2001£188,402 £1,508 27
2000£168,071 £1,259 15
1999£140,438 £1,141 24
1998£147,488 £1,012 16
1997£121,340 £884 25
1996£105,068 £782 22
1995£112,892 £1,003 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,0001
2023£160,250 £2,611 10
2022£164,286 £2,486 7
2021£158,300 £2,438 10
2020£166,375 £2,661 8
2019£145,450 £2,360 10
2018£142,115 £2,037 13
2017£134,318 £2,195 14
2016£125,915 £1,895 10
2015£149,500 £2,034 5
2014£112,044 £1,933 9
2013£112,331 £1,714 8
2012£118,807 £1,777 7
2011£123,150 £1,960 10
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£131,967 £2,052 18
2005£144,174 £2,000 14
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 1LQ area

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