B48 7NE house prices
B48 7NE has an average sold price of £122,752 across 31 HM Land Registry transactions.
B48 7NE decision snapshot
B48 7NE has 31 HM Land Registry sales, a median sold price of £125,000 and an average sold price of £122,752. Use the recent transactions and nearby postcode comparisons before treating the average as a guide.
- Average sold price
- £122,752
- Mean of registered sold prices in this postcode.
- Median sold price
- £125,000
- Often a better guide when outliers affect the average.
- Transactions
- 31
- HM Land Registry records used for this postcode.
- 5-year movement
- Not enough data
- Historical sold-price movement, not a valuation.
B48 7NE House Prices Overview
B48 7NE is a more affordable market, with average prices 69% below the national average. The close alignment of median and average prices indicates a relatively uniform market without extreme high-value outliers. Based on 31 registered HM Land Registry transactions across 21 years of data, these figures reflect actual completed sales rather than asking prices. Five-year growth compares average prices over 12-month windows; the most recent months may be slightly incomplete due to registration lag (sales can take 2–6 months to appear in the Land Registry). Note that this analysis draws on 31 transactions, which gives a directional picture but may not capture the full price range of this area.
Frequently Asked Questions
Why is my postcode missing?
A postcode may be missing when it has no recorded sales or too few registered HM Land Registry transactions to publish a useful page. Very recent completions can also be absent until registration and the next monthly data refresh.
How is the average price for this postcode calculated?
The average is the mean of registered residential sale prices available for this postcode in the Land Registry data. It is based on sold prices, not current valuations.
Are these asking prices?
No. These are completed sold prices recorded by HM Land Registry. They are not estate-agent asking prices, live listings or automated valuations.
Can I use this as a valuation?
No. The page is a research summary of historical sold prices. Use it to understand local evidence, then compare property condition, size, tenure, transaction type and professional valuation advice before making a decision.
Why can small postcode samples look unusual?
Some postcodes have only a small number of recorded sales. A few high or low value transactions can move the average, so the transaction count should be read alongside the price.
Property valuation guide
Estimate a property value in B48 7NE
Professional valuers use recent sold prices as comparable evidence. In B48 7NE, the median sold price is £125,000 and the average is £122,752, based on 31 HM Land Registry transactions.
These are historical completed-sale prices — not a formal valuation, asking price or investment advice. Use them to sense-check an asking price or set expectations before instructing a surveyor.
B48 area price trends
Yearly trend data is shown at postcode district level to keep the sample size reliable.
Market insights
Median vs average
£2,248 above avg
Median price is higher than the average, suggesting lower-value sales pull the mean down.
Sales pace
1 / year
Based on 31 sales over 21 active years.
Sample quality
Consistent sample
Median and average prices are not showing a strong outlier signal in the recent sample.
Nearby postcodes
B48 7RG
Closest comparison shown at £175,595.
Data note
Limited sample
31 transactions provide a directional view but may not capture the full market range.
Location
Postcodes in BIRMINGHAM
Data and methodology
Sold price statistics are calculated from HM Land Registry Price Paid Data and grouped by postcode, town, street or district. The records shown for B48 7NE are based on available HM Land Registry sale records. Figures are historical sold prices, not a property valuation, and may exclude transactions that have not yet been registered or records with incomplete location data.
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