Housing Market Analysis for PENNS LANE, B76 1NA

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

Overview of Sold House prices

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

Terraced
- The average price is around £260,000 median price is £260,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £260,000 with Total Sold: 1
- The most recent sale happened at this postcode is 301A PENNS LANE: £260,000 (Sold on 30 Aug 2022)
- The first recorded sale happened at this postcode is 301A PENNS LANE: £260,000 (Sold on 30 Aug 2022)
Flat
- The average price is around £106,567 median price is £112,500 Standard Deviation is £35,562 with Total Sold: 21
- The most recent sale happened at this postcode is FLAT 4, ARBOR COURT, 295 PENNS LANE: £88,000 (Sold on 18 May 2017)
- The first recorded sale happened at this postcode is FLAT 1, ARBOR COURT, 295 PENNS LANE: £57,000 (Sold on 08 Mar 1996)
Semi-Detached
- The average price is around £92,475 median price is £92,475 Standard Deviation is £22,525 with Total Sold: 2
- The most recent sale happened at this postcode is 291 PENNS LANE: £115,000 (Sold on 01 Jul 2011)
- The first recorded sale happened at this postcode is 291 PENNS LANE: £69,950 (Sold on 09 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1NA 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£260,000	£3,562	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£88,000	£3,520	1
2016	£172,000		1
2014	£112,500	£2,961	1
2011	£125,000	£2,240	1
2009	£120,667	£3,800	3
2008	£118,000	£1,829	2
2007	£145,000	£4,720	2
2003	£161,950	£2,454	1
2002	£123,000		1
2001	£84,500	£1,514	1
2000	£96,500		1
1998	£65,500	£978	1
1997	£71,475		2
1996	£59,333	£1,234	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£115,000	£1,452	1
1997	£69,950	£883	1

All the Sales in the PENNS LANE, B76 1NA

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

Address	Sold Date	Price	% Change
301A PENNS LANETerraced, LeaseholdArea: 73 Sq.mtrAge: 1983-1990	30 Aug 2022	£260,000	60.54%
	23 May 2003	£161,950	First Sale
FLAT 4, ARBOR COURT, 295 PENNS LANEFlat, LeaseholdArea: 25 Sq.mtrAge: 1976-1982	18 May 2017	£88,000	-7.37%
	03 Nov 2009	£95,000	-19.49%
	02 Mar 2007	£118,000	First Sale
FLAT 2, ARBOR COURT, 295 PENNS LANEFlat, Leasehold	27 Oct 2016	£172,000	45.76%
FLAT 2, ARBOR COURT, 295 PENNS LANEFlat, Leasehold	20 Mar 2009	£118,000	First Sale
FLAT 3, ARBOR COURT, 295 PENNS LANEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	05 Sep 2014	£112,500	First Sale
291 PENNS LANESemi-Detached, LeaseholdArea: 79.2 Sq.mtrAge: 1967-1975	01 Jul 2011	£115,000	64.40%
	09 May 1997	£69,950	First Sale
FLAT 5, ARBOR COURT, 295 PENNS LANEFlat, LeaseholdArea: 55.8 Sq.mtrAge: 1991-1995	09 Jun 2011	£125,000	47.93%
	23 Feb 2001	£84,500	First Sale
297 PENNS LANEFlat, Leasehold	08 Jun 2009	£149,000	First Sale
FLAT 8, ARBOR COURT, 295 PENNS LANEFlat, LeaseholdArea: 64.5 Sq.mtrAge: 1983-1990	17 Oct 2008	£118,000	0.0
	17 Oct 2008	£118,000	First Sale
301 PENNS LANEFlat, Leasehold	05 Mar 2007	£172,000	39.84%
301 PENNS LANEFlat, Leasehold	11 Oct 2002	£123,000	First Sale
299A, ARBOR COURT, 295Flat, Leasehold	31 Mar 2000	£96,500	35.92%
299A, ARBOR COURT, 295Flat, Leasehold	29 Aug 1997	£71,000	First Sale
FLAT 6, ARBOR COURT, 295 PENNS LANEFlat, LeaseholdArea: 67 Sq.mtrAge: 1983-1990	15 Jan 1998	£65,500	0.77%
	12 Jul 1996	£65,000	First Sale
FLAT 12, ARBOR COURT, 295 PENNS LANEFlat, Leasehold	29 Aug 1997	£71,950	First Sale
293 PENNS LANEFlat, LeaseholdArea: 32 Sq.mtrAge: 1983-1990	13 Dec 1996	£56,000	First Sale
FLAT 1, ARBOR COURT, 295 PENNS LANEFlat, LeaseholdArea: 58 Sq.mtrAge: 1983-1990	08 Mar 1996	£57,000	First Sale

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

PENNS LANE, B76 1NA Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £198,319 median price is £190,000 Standard Deviation is £97,189 with Total Sold: 332
- The Last 5 Year average price is £310,786 with Total Sold: 56
- 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 £137,712 median price is £135,000 Standard Deviation is £61,128 with Total Sold: 208
- The Last 5 Year average price is £201,402 with Total Sold: 41
- 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 £291,610 median price is £280,000 Standard Deviation is £140,991 with Total Sold: 480
- The Last 5 Year average price is £462,713 with Total Sold: 83
- The most recent sale happened at this postcode is , 1 PATTERTON DRIVE: £535,000 (Sold on 29 Feb 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 £843,177 median price is £312,000 Standard Deviation is £1,600,117 with Total Sold: 11
- 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 , 10 ASHURST ROAD: £190,000 (Sold on 07 Feb 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£361,583	£3,299	6
2023	£348,863	£3,847	11
2022	£267,500	£3,528	6
2021	£297,534	£3,318	15
2020	£300,938	£3,058	8
2019	£292,150	£2,851	10
2018	£308,562	£2,967	8
2017	£286,667	£3,020	18
2016	£261,500	£2,770	6
2015	£254,750	£2,473	10
2014	£237,545	£2,485	11
2013	£199,632	£2,239	11
2012	£189,850	£2,193	7
2011	£172,106	£1,932	9
2010	£194,942	£2,174	13
2009	£166,000	£2,224	8
2008	£195,629	£1,735	7
2007	£214,091	£2,077	11
2006	£203,119	£2,230	8
2005	£235,556	£2,373	8
2004	£200,750	£2,157	18
2003	£179,621	£1,966	13
2002	£143,938	£1,337	25
2001	£118,182	£1,341	19
2000	£144,012	£1,277	12
1999	£89,217	£820	9
1998	£85,938	£924	12
1997	£82,255	£1,015	11
1996	£68,263	£736	15
1995	£89,500	£887	7

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	£206,800	£2,659	5
2019	£187,208	£2,420	12
2018	£168,500	£2,656	12
2017	£163,000	£2,772	4
2016	£157,429	£2,653	7
2015	£162,586	£2,481	11
2014	£136,883	£2,350	9
2013	£121,670	£1,884	10
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	£87,421	£1,151	7
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	£51,375	£896	4

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	£455,000	£4,103	3
2023	£520,846	£3,822	13
2022	£523,567	£3,921	15
2021	£407,905	£3,347	19
2020	£480,711	£3,276	14
2019	£417,658	£3,483	19
2018	£368,529	£3,326	17
2017	£402,549	£2,967	18
2016	£327,800	£2,692	10
2015	£370,864	£2,473	11
2014	£392,083	£2,573	32
2013	£264,996	£2,377	12
2012	£268,359	£2,210	11
2011	£305,850	£2,289	17
2010	£317,181	£2,240	16
2009	£298,455	£2,219	11
2008	£296,000	£2,320	12
2007	£279,670	£2,196	20
2006	£297,908	£2,381	26
2005	£298,861	£2,283	14
2004	£258,867	£1,930	15
2003	£224,315	£1,714	13
2002	£189,384	£1,428	25
2001	£183,689	£1,378	18
2000	£169,400	£1,353	11
1999	£126,880	£967	20
1998	£134,494	£979	17
1997	£108,283	£823	21
1996	£109,471	£831	17
1995	£132,742	£984	13

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	£251,000	£2,209	2

House Type in B76 1NA area

The most common house types in the B76 1NA postcode area are Flat (64), Detached (48), and Semi-detached (7).

Total	124
Flat	64
Detached	48
Semi-detached	7
Terraced	5
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 (55), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	32
Private rented: Private landlord or letting agency	31
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
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 1NA have 1 person in household (51), and 2 people in household (40).

1 person in household	51
2 people in household	40
3 people in household	14
4 people in household	10
6 people in household	5
5 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0