Housing Market Analysis for NEW MILL LANE, B78 3RX

Are you looking to understand B78 3RX 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 Lichfield postcode.

For the location information and nearby amenities in the B78 3RX area, explore the B78 3RX Area information page.
For comprehensive crime statistics in the B78 3RX area, explore the B78 3RX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B78 3RX postcode area, The average prices are as follows,

  • Detached
    • The average price is around £231,000 median price is £280,000 Standard Deviation is £135,698 with Total Sold: 5
    • The Last 5 Year average price is £280,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 NEW MILL LANE: £280,000 (Sold on 28 Jan 2021)
    • The first recorded sale happened at this postcode is 1 NEW MILL LANE: £75,000 (Sold on 04 Aug 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average B78 3RX 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
2021£280,000 £2,979 1
2019£280,000 £4,308 1
2016£435,000 £2,091 1
2012£85,000 £1,308 1
2000£75,000 £361 1

All the Sales in the NEW MILL LANE, B78 3RX

See the table below for more details on the sold house prices in the B78 3RX, Lichfield postcode.

AddressSold DatePrice% Change
6 NEW MILL LANEDetached, FreeholdArea: 94 Sq.mtrAge: 1900-192928 Jan 2021£280,000First Sale
7 NEW MILL LANEDetached, FreeholdArea: 65 Sq.mtrAge: 1900-192929 Mar 2019£280,000229.41%
02 Aug 2012£85,000First Sale
1 NEW MILL LANEDetached, FreeholdArea: 208 Sq.mtrAge: 2003-200602 Sep 2016£435,000480.00%
04 Aug 2000£75,000First Sale

Check out the sold house prices near the B78 3RX postcode. Properties currently for saleProperties currently for rent

NEW MILL LANE, B78 3RX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B78 3RX 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 B78 3RX postcode.

  • Flat
    • The average price is around £128,732 median price is £137,360 Standard Deviation is £37,864 with Total Sold: 117
    • The Last 5 Year average price is £136,366 with Total Sold: 22
    • The most recent sale happened at this postcode is , 22 MARINA VIEW: £158,250 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 49 BROOK END: £35,500 (Sold on 12 Jul 1996)
  • Semi-Detached
    • The average price is around £143,752 median price is £137,250 Standard Deviation is £78,944 with Total Sold: 134
    • The Last 5 Year average price is £260,500 with Total Sold: 17
    • The most recent sale happened at this postcode is , 21 TOLSON AVENUE: £280,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 17 SURREY DRIVE: £54,500 (Sold on 16 Aug 1995)
  • Detached
    • The average price is around £176,416 median price is £158,700 Standard Deviation is £98,401 with Total Sold: 169
    • The Last 5 Year average price is £304,078 with Total Sold: 16
    • The most recent sale happened at this postcode is , 32 SURREY DRIVE: £267,500 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 5 SURREY DRIVE: £51,000 (Sold on 07 Jul 1995)
  • Other
    • The average price is around £2,345,035 median price is £193,210 Standard Deviation is £5,342,296 with Total Sold: 17
    • The Last 5 Year average price is £3,946,659 with Total Sold: 6
    • The most recent sale happened at this postcode is , 4 BROOK END: £170,000 (Sold on 29 Nov 2022)
    • The first recorded sale happened at this postcode is , BOURNEBROOK HOUSE COLESHILL STREET: £100,000 (Sold on 06 Jun 2014)
  • Terraced
    • The average price is around £95,568 median price is £86,000 Standard Deviation is £42,834 with Total Sold: 62
    • The Last 5 Year average price is £135,250 with Total Sold: 5
    • The most recent sale happened at this postcode is , 18 BROOK END: £177,000 (Sold on 10 Sep 2021)
    • The first recorded sale happened at this postcode is , 26 NEW STREET: £40,000 (Sold on 14 Feb 1997)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,083 £1,961 3
2023£138,750 £2,597 4
2022£136,811 £2,442 9
2021£140,000 £2,222 4
2020£134,750 £2,364 2
2019£128,500 £2,274 4
2018£123,875 £2,087 4
2017£122,000 £2,039 4
2016£126,200 £2,137 5
2015£114,333 £1,854 3
2014£99,544 £1,761 3
2013£99,850 £1,824 5
2011£110,000 £2,000 1
2009£92,475 £1,583 2
2008£150,745 £2,697 11
2007£161,497 £2,871 36
2006£92,000 £1,245 3
2005£110,0001
2003£86,500 £1,491 2
2001£53,983 £685 3
2000£51,950 £911 1
1999£35,667 £521 3
1998£36,000 £453 2
1997£37,7501
1996£35,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£225,000 £2,679 1
2022£325,000 £3,119 3
2021£278,562 £2,680 8
2020£180,000 £2,151 4
2019£199,279 £2,231 7
2018£208,500 £2,042 8
2017£188,717 £2,074 9
2016£150,500 £1,743 2
2015£187,483 £2,256 3
2014£151,450 £1,984 2
2013£180,000 £1,837 1
2012£132,429 £1,425 7
2011£135,375 £1,823 4
2009£124,738 £1,820 4
2008£124,891 £2,215 3
2007£152,417 £1,701 6
2006£153,790 £1,507 5
2005£131,975 £1,829 4
2004£119,872 £1,861 9
2003£107,499 £1,226 5
2002£116,225 £2,048 4
2001£77,636 £902 7
2000£63,833 £1,026 6
1999£69,975 £821 2
1998£57,056 £709 8
1997£56,410 £861 5
1996£47,610 £444 4
1995£48,250 £911 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£288,900 £3,494 5
2022£325,500 £3,644 3
2021£319,042 £3,289 6
2020£265,000 £3,385 2
2019£302,500 £3,394 2
2018£327,333 £3,084 3
2017£230,000 £3,157 4
2016£325,400 £2,493 5
2015£262,000 £2,342 1
2014£215,000 £2,437 3
2013£236,988 £1,857 4
2012£190,500 £1,941 4
2011£230,983 £2,172 3
2010£212,600 £2,136 5
2009£172,333 £1,344 3
2008£371,983 £2,085 3
2007£216,421 £2,042 7
2006£228,295 £2,420 10
2005£210,738 £2,090 4
2004£200,690 £2,567 5
2003£179,421 £2,345 7
2002£133,365 £1,147 13
2001£129,667 £1,399 3
2000£99,925 £948 8
1999£92,744 £1,082 8
1998£91,429 £1,094 7
1997£88,420 £906 10
1996£89,845 £895 28
1995£68,333 £964 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£170,000 £3,091 1
2021£10,913,9762
2020£560,6673
2019£86,0002
2018£1,334,5723
2017£375,7502
2016£52,5002
2015£11,053,4291
2014£100,000 £752 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£151,500 £2,389 2
2020£124,417 £1,938 3
2019£110,000 £1,964 1
2018£128,400 £1,960 5
2017£160,000 £2,313 2
2016£100,333 £1,595 3
2015£113,000 £1,797 2
2013£136,500 £1,682 2
2012£95,000 £1,696 1
2010£149,975 £2,830 2
2009£140,000 £1,420 1
2007£114,975 £1,736 2
2006£132,553 £2,155 3
2005£62,000 £1,424 1
2004£87,625 £1,647 4
2003£87,625 £1,335 4
2002£79,000 £1,005 4
2001£65,636 £1,017 7
2000£54,575 £711 6
1999£42,667 £625 3
1998£75,500 £812 1
1997£48,333 £430 3

House Type in B78 3RX area

The most common house types in the B78 3RX postcode area are Detached (62), Flat (50), and Semi-detached (10).

Total132
Detached62
Flat50
Semi-detached10
Terraced5
temporary structure5
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (44), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan44
Owned: Owns outright36
Private rented: Private landlord or letting agency32
Social rented: Other social rented12
Private rented: Other private rented7
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the B78 3RX have 1 person in household (46), and 2 people in household (40).

1 person in household46
2 people in household40
3 people in household23
4 people in household18
6 people in household3
8 or more people in household1
0 people in household0
5 people in household0
7 people in household0