Housing Market Analysis for PENNS LANE, B76 1LS

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

Overview of Sold House prices

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

Flat
- The average price is around £102,905 median price is £110,475 Standard Deviation is £40,408 with Total Sold: 28
- The Last 5 Year average price is £159,333 with Total Sold: 3
- The most recent sale happened at this postcode is 275 PENNS LANE: £170,000 (Sold on 29 Jun 2021)
- The first recorded sale happened at this postcode is 257 PENNS LANE: £52,750 (Sold on 31 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1LS 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£170,000	£2,742	1
2019	£154,000	£2,422	2
2018	£128,500	£1,998	2
2017	£149,950	£2,307	1
2014	£70,000	£1,094	1
2013	£109,625	£1,730	2
2012	£125,000	£1,956	1
2011	£125,000	£2,100	1
2007	£130,000	£2,000	1
2006	£118,488	£1,726	4
2005	£143,000	£2,344	1
2004	£143,500	£2,242	1
2002	£76,000	£1,209	2
2000	£61,500		2
1998	£47,000		1
1997	£47,333	£747	3
1995	£51,350	£808	2

All the Sales in the PENNS LANE, B76 1LS

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

Address	Sold Date	Price	% Change
275 PENNS LANEFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-1966	29 Jun 2021	£170,000	277.78%
275 PENNS LANEFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-1966	15 Aug 1997	£45,000	First Sale
263 PENNS LANEFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-1966	14 Jun 2019	£161,000	49.07%
263 PENNS LANEFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-1966	17 Feb 2006	£108,000	First Sale
271 PENNS LANEFlat, LeaseholdArea: 62.1 Sq.mtrAge: 1967-1975	01 Feb 2019	£147,000	22.50%
	17 Jul 2013	£120,000	First Sale
265 PENNS LANEFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	21 Dec 2018	£97,000	First Sale
267 PENNS LANEFlat, LeaseholdArea: 63.9 Sq.mtrAge: 1950-1966	18 Dec 2018	£160,000	28.00%
	26 Apr 2012	£125,000	First Sale
285 PENNS LANEFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	17 Jul 2017	£149,950	15.35%
285 PENNS LANEFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	31 Aug 2007	£130,000	First Sale
273 PENNS LANEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	11 Dec 2014	£70,000	40.14%
273 PENNS LANEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	03 Oct 1995	£49,950	First Sale
277 PENNS LANEFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	09 May 2013	£99,250	First Sale
281 PENNS LANEFlat, LeaseholdArea: 59.52 Sq.mtrAge: 1950-1966	25 Feb 2011	£125,000	First Sale
257 PENNS LANEFlat, LeaseholdArea: 63.09 Sq.mtrAge: 1950-1966	30 Nov 2006	£112,950	114.12%
	31 May 1995	£52,750	First Sale
279 PENNS LANEFlat, Leasehold	04 May 2006	£117,000	90.24%
279 PENNS LANEFlat, Leasehold	04 Sep 2000	£61,500	First Sale
283 PENNS LANEFlat, Leasehold	16 Mar 2006	£136,000	121.14%
283 PENNS LANEFlat, Leasehold	26 May 2000	£61,500	First Sale
269 PENNS LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	20 Dec 2005	£143,000	83.33%
269 PENNS LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	18 Oct 2002	£78,000	First Sale
259 PENNS LANEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	26 Nov 2004	£143,500	211.96%
259 PENNS LANEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	19 Nov 1997	£46,000	First Sale
287 PENNS LANEFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	28 Mar 2002	£74,000	First Sale
255 PENNS LANEFlat, Leasehold	12 Jun 1998	£47,000	First Sale
261 PENNS LANEFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-1975	14 Feb 1997	£51,000	First Sale

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

PENNS LANE, B76 1LS Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £195,468 median price is £185,000 Standard Deviation is £97,000 with Total Sold: 323
- The Last 5 Year average price is £305,863 with Total Sold: 51
- 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 £139,079 median price is £135,000 Standard Deviation is £61,807 with Total Sold: 216
- The Last 5 Year average price is £203,849 with Total Sold: 43
- 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 £104,400 median price is £106,500 Standard Deviation is £42,249 with Total Sold: 469
- The Last 5 Year average price is £152,008 with Total Sold: 63
- 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 £291,639 median price is £280,000 Standard Deviation is £137,471 with Total Sold: 442
- The Last 5 Year average price is £460,815 with Total Sold: 76
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£360,400	£3,299	5
2023	£368,409	£3,757	11
2022	£267,500	£3,528	6
2021	£286,770	£3,170	13
2020	£280,000	£2,873	7
2019	£272,389	£2,838	9
2018	£308,357	£2,918	7
2017	£286,474	£2,985	19
2016	£250,800	£2,775	5
2015	£265,056	£2,436	9
2014	£243,800	£2,515	10
2013	£205,371	£2,252	12
2012	£179,833	£2,196	6
2011	£172,106	£1,932	9
2010	£190,358	£2,171	12
2009	£160,143	£2,290	7
2008	£195,833	£1,424	6
2007	£215,905	£2,084	11
2006	£192,045	£2,127	10
2005	£240,086	£2,448	11
2004	£197,836	£2,129	18
2003	£179,469	£1,966	14
2002	£147,237	£1,300	23
2001	£117,732	£1,353	17
2000	£139,300	£1,432	9
1999	£88,660	£803	10
1998	£83,541	£916	11
1997	£80,340	£1,015	10
1996	£66,858	£731	18
1995	£90,188	£887	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£181,500		2
2023	£204,550	£2,970	10
2022	£253,500	£3,139	6
2021	£174,583	£2,488	6
2020	£211,500	£2,641	6
2019	£193,808	£2,417	13
2018	£168,500	£2,656	12
2017	£182,833	£2,652	6
2016	£157,429	£2,653	7
2015	£160,912	£2,439	12
2014	£136,883	£2,350	9
2013	£125,473	£1,842	11
2012	£156,129	£2,126	7
2011	£131,556	£2,322	9
2010	£155,729	£1,809	12
2009	£121,875	£1,799	4
2008	£156,225	£2,537	2
2007	£167,731	£1,897	8
2006	£131,544	£1,953	9
2005	£133,190	£2,637	5
2004	£139,475	£1,930	2
2003	£139,000	£2,356	1
2002	£98,517	£1,678	9
2001	£86,744	£1,097	8
2000	£74,222	£1,099	9
1999	£57,590	£940	5
1998	£57,020	£901	10
1997	£47,250	£507	2
1996	£54,828	£782	9
1995	£52,290	£896	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,500		2
2023	£162,344	£2,624	16
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	£145,500	£2,334	19
2017	£131,358	£2,190	18
2016	£127,832	£2,006	14
2015	£135,445	£2,133	10
2014	£128,928	£2,064	16
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	£130,048	£2,284	20
2006	£121,945	£2,069	21
2005	£118,028	£2,065	16
2004	£122,814	£1,993	21
2003	£105,523	£1,792	15
2002	£84,175	£1,355	28
2001	£74,813	£1,327	19
2000	£67,838	£1,102	30
1999	£60,015	£1,027	26
1998	£52,941	£916	21
1997	£51,728	£800	23
1996	£49,446	£842	24
1995	£48,041	£782	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£415,000	£4,027	2
2023	£513,429	£3,829	14
2022	£517,385	£3,897	13
2021	£404,559	£3,202	17
2020	£488,073	£3,282	13
2019	£415,029	£3,500	17
2018	£356,929	£3,307	14
2017	£370,934	£2,979	17
2016	£330,800	£2,726	10
2015	£366,208	£2,522	12
2014	£401,239	£2,568	32
2013	£269,829	£2,425	12
2012	£268,359	£2,210	11
2011	£317,419	£2,257	13
2010	£316,330	£2,213	15
2009	£298,455	£2,219	11
2008	£300,100	£2,320	10
2007	£274,612	£2,213	17
2006	£306,620	£2,381	22
2005	£290,562	£2,256	16
2004	£240,615	£1,930	13
2003	£224,315	£1,690	13
2002	£192,024	£1,415	25
2001	£176,448	£1,381	21
2000	£156,390	£1,434	5
1999	£124,700	£994	18
1998	£133,497	£942	15
1997	£115,278	£863	16
1996	£110,118	£831	17
1995	£121,250	£792	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£159,000	£3,058	1
2021	£288,474	£33	2
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 1LS area

The most common house types in the B76 1LS postcode area are Detached (101), Flat (19), and Semi-detached (15).

Total	135
Detached	101
Flat	19
Semi-detached	15
Terraced	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

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 outright	73
Owned: Owns with a mortgage or loan	59
Private rented: Private landlord or letting agency	3
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B76 1LS have 2 people in household (53), and 1 person in household (30).

2 people in household	53
1 person in household	30
4 people in household	20
3 people in household	19
5 people in household	11
6 people in household	2
8 or more people in household	2
0 people in household	0
7 people in household	0