Housing Market Analysis for PENNS LAKE ROAD, B76 1LR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £403,100 median price is £399,000 Standard Deviation is £155,742 with Total Sold: 10
    • The Last 5 Year average price is £562,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 50 PENNS LAKE ROAD: £690,000 (Sold on 16 Jan 2023)
    • The first recorded sale happened at this postcode is 50 PENNS LAKE ROAD: £205,000 (Sold on 18 Jun 1998)
  • Semi-Detached
    • The average price is around £280,000 median price is £280,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 46 PENNS LAKE ROAD: £280,000 (Sold on 24 Nov 2006)
    • The first recorded sale happened at this postcode is 46 PENNS LAKE ROAD: £280,000 (Sold on 24 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LR 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£690,000 £3,122 1
2022£530,000 £4,309 2
2020£500,000 £2,564 1
2014£318,000 £2,607 1
2011£480,000 £2,072 1
2009£310,000 £2,153 1
2008£248,0001
2001£220,000 £950 1
1998£205,000 £928 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£280,000 £2,295 1

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

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

AddressSold DatePrice% Change
50 PENNS LAKE ROADDetached, FreeholdArea: 221 Sq.mtrAge: 1967-197516 Jan 2023£690,000236.59%
18 Jun 1998£205,000First Sale
44 PENNS LAKE ROADDetached, LeaseholdArea: 123 Sq.mtrAge: 1950-196604 Nov 2022£530,0000.0
04 Nov 2022£530,000First Sale
29 PENNS LAKE ROADDetached, LeaseholdArea: 195 Sq.mtrAge: 1967-197518 Dec 2020£500,000First Sale
46 PENNS LAKE ROADDetached, FreeholdArea: 122 Sq.mtrAge: 1950-196628 Aug 2014£318,00013.57%
24 Nov 2006£280,000First Sale
31 PENNS LAKE ROADDetached, FreeholdArea: 231.65 Sq.mtrAge: 1950-196631 Aug 2011£480,000118.18%
05 Mar 2001£220,000First Sale
48 PENNS LAKE ROADDetached, FreeholdArea: 144 Sq.mtrAge: 1950-196627 Aug 2009£310,000First Sale
35 PENNS LAKE ROADDetached, Freehold18 Apr 2008£248,000First Sale

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

PENNS LAKE ROAD, B76 1LR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £200,391 median price is £190,995 Standard Deviation is £93,248 with Total Sold: 221
    • The Last 5 Year average price is £295,208 with Total Sold: 36
    • 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 £137,850 median price is £135,000 Standard Deviation is £59,657 with Total Sold: 147
    • The Last 5 Year average price is £196,933 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 , 26 HARGREAVE CLOSE: £52,500 (Sold on 11 Aug 1995)
  • Flat
    • The average price is around £104,668 median price is £106,500 Standard Deviation is £42,166 with Total Sold: 448
    • 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 £290,784 median price is £280,750 Standard Deviation is £132,010 with Total Sold: 412
    • The Last 5 Year average price is £461,206 with Total Sold: 65
    • 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 £908,495 median price is £326,000 Standard Deviation is £1,664,176 with Total Sold: 10
    • 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 , 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£293,3333
2023£328,571 £3,573 7
2022£226,250 £3,608 4
2021£288,188 £3,456 8
2020£301,500 £3,193 5
2019£303,278 £2,972 9
2018£316,625 £3,021 4
2017£288,036 £3,114 14
2016£276,625 £2,819 4
2015£288,333 £2,588 6
2014£261,857 £2,604 7
2013£206,064 £2,280 7
2012£201,992 £2,344 6
2011£180,993 £2,090 7
2010£196,929 £2,466 7
2009£160,167 £2,376 6
2008£133,333 £381 3
2007£218,679 £2,103 7
2006£191,850 £2,236 7
2005£232,742 £2,995 6
2004£211,980 £2,524 10
2003£183,260 £2,042 12
2002£158,330 £1,413 15
2001£125,829 £1,392 12
2000£163,269 £1,432 8
1999£101,690 £898 5
1998£95,938 £959 8
1997£82,195 £1,015 10
1996£74,136 £883 7
1995£90,357 £832 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,5002
2023£179,750 £2,830 6
2022£261,200 £3,323 5
2021£181,400 £2,493 5
2020£207,750 £2,633 4
2019£177,812 £2,483 8
2018£153,000 £2,602 10
2017£154,000 £2,942 3
2016£157,429 £2,653 7
2015£155,106 £2,553 9
2014£127,119 £2,365 8
2013£113,640 £2,239 5
2012£158,725 £2,012 4
2011£124,750 £2,325 8
2010£157,861 £1,872 9
2009£113,750 £1,948 2
2008£169,950 £2,537 1
2007£169,470 £2,052 5
2006£127,325 £2,054 6
2005£142,988 £2,637 4
2004£145,000 £2,266 1
2003£139,000 £2,356 1
2002£97,367 £1,829 6
2001£94,650 £1,396 3
2000£67,714 £1,163 7
1999£57,590 £940 5
1998£60,540 £947 5
1997£62,875 £429 2
1996£49,612 £790 4
1995£52,750 £896 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£114,5002
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£147,472 £2,363 18
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£111,120 £1,973 10
2009£121,455 £2,206 11
2008£130,500 £1,874 7
2007£129,761 £2,325 19
2006£123,045 £2,079 19
2005£117,230 £2,060 15
2004£122,268 £2,024 19
2003£106,346 £1,817 14
2002£84,175 £1,355 28
2001£75,136 £1,358 18
2000£67,838 £1,102 30
1999£60,662 £1,039 24
1998£53,409 £925 19
1997£52,560 £830 21
1996£49,683 £850 23
1995£48,041 £782 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,000 £4,027 2
2023£567,333 £3,870 9
2022£496,541 £3,840 11
2021£418,536 £3,210 14
2020£469,621 £3,175 12
2019£416,794 £3,547 17
2018£337,286 £3,091 14
2017£370,134 £2,978 14
2016£337,143 £2,773 7
2015£398,704 £2,526 12
2014£317,781 £2,426 16
2013£286,996 £2,293 12
2012£281,646 £2,250 13
2011£325,038 £2,257 12
2010£302,996 £2,200 13
2009£300,200 £2,282 10
2008£350,769 £2,409 13
2007£316,017 £2,220 21
2006£327,235 £2,501 20
2005£318,619 £2,331 13
2004£240,708 £1,930 12
2003£255,319 £1,850 13
2002£191,874 £1,433 23
2001£207,770 £1,451 20
2000£230,571 £1,395 12
1999£169,374 £993 23
1998£133,493 £906 14
1997£120,313 £881 19
1996£106,169 £842 13
1995£111,050 £953 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£159,000 £3,058 1
2021£288,474 £33 2
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 1LR area

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

Total107
Detached61
Flat44
Terraced1
commercial building1
Semi-detached0
Shared house0
converted building0
temporary structure0

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 outright54
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency12
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

2 people in household43
1 person in household27
3 people in household17
4 people in household17
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0