Housing Market Analysis for PENNS LANE, B76 1NE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £305,000 median price is £305,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £305,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 307 PENNS LANE: £305,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is 307 PENNS LANE: £305,000 (Sold on 28 Jun 2021)
  • Detached
    • The average price is around £218,939 median price is £222,000 Standard Deviation is £70,601 with Total Sold: 9
    • The most recent sale happened at this postcode is 309 PENNS LANE: £334,000 (Sold on 05 Oct 2018)
    • The first recorded sale happened at this postcode is 311 PENNS LANE: £85,500 (Sold on 17 Jun 1997)
  • Terraced
    • The average price is around £229,950 median price is £229,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 309 PENNS LANE: £229,950 (Sold on 14 Dec 2012)
    • The first recorded sale happened at this postcode is 309 PENNS LANE: £229,950 (Sold on 14 Dec 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average B76 1NE 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£305,000 £3,112 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£334,000 £3,516 1
2017£295,000 £3,247 1
2016£250,000 £2,632 1
2014£222,000 £2,440 1
2009£218,000 £2,400 1
2006£238,000 £2,615 1
2003£182,000 £2,004 1
2002£145,950 £1,536 1
1997£85,500 £940 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£229,950 £2,421 1

All the Sales in the PENNS LANE, B76 1NE

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

AddressSold DatePrice% Change
307 PENNS LANESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-196628 Jun 2021£305,000First Sale
309 PENNS LANEDetached, FreeholdArea: 95 Sq.mtrAge: 1967-197505 Oct 2018£334,00033.60%
11 Mar 2016£250,0008.72%
14 Dec 2012£229,95057.55%
09 Aug 2002£145,950First Sale
305 PENNS LANEDetached, FreeholdArea: 90.84 Sq.mtrAge: 1967-197529 Mar 2017£295,00035.32%
11 Jun 2009£218,00019.78%
23 May 2003£182,000First Sale
311 PENNS LANEDetached, FreeholdArea: 91 Sq.mtrAge: 1967-197504 Apr 2014£222,000-6.72%
01 Dec 2006£238,000178.36%
17 Jun 1997£85,500First Sale

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

PENNS LANE, B76 1NE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £195,653 median price is £187,500 Standard Deviation is £94,906 with Total Sold: 360
    • The Last 5 Year average price is £305,879 with Total Sold: 58
    • 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 £137,184 median price is £134,500 Standard Deviation is £62,886 with Total Sold: 216
    • The Last 5 Year average price is £203,750 with Total Sold: 42
    • 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 £103,678 median price is £106,250 Standard Deviation is £42,139 with Total Sold: 520
    • The Last 5 Year average price is £152,664 with Total Sold: 70
    • 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 £288,007 median price is £275,000 Standard Deviation is £143,079 with Total Sold: 620
    • The Last 5 Year average price is £469,275 with Total Sold: 95
    • 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 £775,412 median price is £251,000 Standard Deviation is £1,548,394 with Total Sold: 12
    • The Last 5 Year average price is £1,142,278 with Total Sold: 7
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£359,214 £3,299 7
2023£333,409 £3,585 11
2022£267,500 £3,528 6
2021£283,334 £3,233 15
2020£300,938 £3,058 8
2019£299,682 £2,891 11
2018£304,056 £2,965 9
2017£278,632 £2,974 19
2016£261,500 £2,770 6
2015£252,667 £2,451 12
2014£237,545 £2,485 11
2013£203,829 £2,211 12
2012£188,550 £2,213 9
2011£175,536 £1,988 11
2010£197,304 £2,192 14
2009£166,000 £2,224 8
2008£195,629 £1,735 7
2007£204,086 £2,089 11
2006£212,290 £2,226 10
2005£236,050 £2,373 9
2004£200,750 £2,157 18
2003£181,005 £1,953 15
2002£146,479 £1,365 26
2001£119,307 £1,341 21
2000£144,012 £1,277 12
1999£89,795 £822 10
1998£85,767 £909 15
1997£82,162 £1,015 12
1996£68,263 £736 15
1995£85,875 £832 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,5002
2023£204,550 £2,970 10
2022£253,500 £3,139 6
2021£192,500 £2,603 7
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£160,768 £1,816 14
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£97,015 £1,678 10
2001£87,421 £1,151 7
2000£69,125 £1,163 8
1999£59,564 £977 7
1998£58,154 £901 11
1997£58,312 £507 4
1996£54,828 £782 9
1995£51,375 £896 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,0003
2023£164,265 £2,686 17
2022£166,100 £2,690 10
2021£144,607 £2,455 14
2020£155,364 £2,623 11
2019£141,033 £2,457 15
2018£144,545 £2,393 22
2017£131,358 £2,190 18
2016£128,572 £2,090 16
2015£131,881 £2,172 13
2014£128,928 £2,064 16
2013£117,695 £1,815 11
2012£109,442 £1,739 6
2011£123,682 £2,082 11
2010£109,927 £2,004 11
2009£121,455 £2,206 11
2008£128,167 £1,972 9
2007£130,048 £2,284 20
2006£121,090 £2,144 25
2005£118,028 £2,065 16
2004£120,629 £2,020 24
2003£106,116 £1,797 16
2002£83,755 £1,369 31
2001£74,485 £1,339 23
2000£66,606 £1,117 34
1999£60,015 £1,027 26
1998£53,260 £922 22
1997£50,875 £815 26
1996£48,811 £848 28
1995£48,747 £815 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£455,000 £4,103 3
2023£544,357 £3,822 14
2022£527,081 £3,944 18
2021£423,010 £3,440 20
2020£470,261 £3,325 19
2019£414,881 £3,569 21
2018£372,725 £3,379 20
2017£405,959 £2,957 15
2016£340,714 £2,850 14
2015£376,217 £2,632 16
2014£392,049 £2,552 34
2013£267,272 £2,321 18
2012£284,421 £2,237 14
2011£300,974 £2,329 21
2010£324,964 £2,309 17
2009£304,500 £2,262 10
2008£332,674 £2,372 17
2007£300,943 £2,188 29
2006£308,118 £2,440 30
2005£312,976 £2,441 17
2004£278,333 £2,101 18
2003£255,457 £1,865 23
2002£187,412 £1,420 28
2001£202,765 £1,396 26
2000£191,750 £1,283 25
1999£165,119 £1,026 32
1998£131,176 £998 25
1997£118,094 £883 31
1996£113,296 £885 27
1995£122,719 £970 18
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£2,360,0003
2018£233,500 £3,529 2
2016£340,0001
2014£251,000 £2,209 2

House Type in B76 1NE area

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

Total124
Flat64
Detached48
Semi-detached7
Terraced5
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 (55), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright55
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency31
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B76 1NE have 1 person in household (51), and 2 people in household (40).

1 person in household51
2 people in household40
3 people in household14
4 people in household10
6 people in household5
5 people in household2
0 people in household0
7 people in household0
8 or more people in household0