Lakewood Drive, B45 - Visual Breakdown of House Prices

Take a sharp, detailed look at Lakewood Drive in Birmingham, including how it fares against the nearby area and Birmingham as a whole.

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Associated Postcodes:

B45 9WE

What should you pay for properties on Lakewood Drive?

Estimated Property Value
£1,010,305
7.5/10
↗ 5.2%
2,763 sq/ft
Select a property type to see average size for this road
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Choose your comparison:
🏘️
Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
📍
This District
£690,000
🏙️
All of Coventry
View the city-wide average
£485,000
📊
Select a comparison above to see how Leaf Lane performs

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House Prices   >   Birmingham  >   B45  >  Lakewood Drive

Property Activity On This Street

Snapshot Stats of Property Prices in Lakewood Drive

  • 5 homes have been sold on Lakewood Drive since 2021, with an average price of £338,300. The properties average 1,248 square feet, resulting in a cost of £271 per square foot.
  • Properties sold on Lakewood Drive have fetched amounts from £310,000 to £370,000. Costs per square foot have varied from £253 to £291.
  • December 2022 was the date of the most recent home sale on Lakewood Drive.
Street Homes vs Area Markets

Price Contrast: Lakewood Drive and Surrounding Areas

By Locality

Rubery

On average, a home in Rubery is 46% cheaper than one on Lakewood Drive. (£183,500 vs £338,300) In effect, those buying elsewhere in Rubery could spend around £154,800 less than buyers on Lakewood Drive.

By Sector

B45 9

The B45 9 sector offers homes at 38% lower prices compared to Lakewood Drive. (£209,000 vs £338,300) Seen this way, homes on Lakewood Drive typically demand an extra £129,300 compared to others in the sector.

By District

i.e. B45

Bragging rights go to your bank balance in the B45 district - it's 30% more affordable than Lakewood Drive. (£235,400 vs £338,300). In simple terms, the same type of home could cost £102,900 less in the B45 district than on Lakewood Drive.

By City or Town

i.e. Birmingham

Residential properties in Birmingham are typically listed at prices 41% below those on Lakewood Drive. (£201,000 vs £338,300). When comparing, that extra cost on Lakewood Drive is no drop in the bucket - it's a full £137,200 difference.

Extra Layers of This Street

Practical Useful Facts for Lakewood Drive

  • With 21 properties in total, this road enjoys a refreshingly simple postcode arrangement – just one.
  • There are currently no new-build homes available on Lakewood Drive.
  • The average EPC score of properties on Lakewood Drive is currently 67 (D), with an achievable improvement to 79 (C).
  • With 1,248 square feet as the norm, Lakewood Drive homes are 30% larger than the Birmingham average.
  • It’s a quicker shuffle here – new owners arrive every 17 months, ahead of the 8.33 months district average.
Smart Reads for Home Seekers

The Pace, Prices and Patterns in Birmingham

Thinking about buying in Birmingham? These wonderfully sharp and deeply specific articles uncover smart spots, surprising market shifts and where to strike gold (even on a modest budget).
Additionally, we’ve put together a full breakdown on the House Prices in Birmingham page, including pricing by type and comparisons with nearby towns.
District Gems to Find

Exploring B45: A Local Snapshot

We’ve laid out a brief but informative look at B45’s current housing pulse.
350
No. of Roads
3,615
No. of Transactions
£300K
Avg. Property Price
1,037
per sq/ft
Avg. Property Size
£248
per sq/ft
Avg. Cost Per Sq/Ft
Extra Roads Nearby

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Lakewood Drive, B45, Birmingham

Backed by Trusted Authorities

Where most tools simplify, we go deeper. We refine official records through our detailed modelling framework to offer clear, sensible figures that make property decisions easier and more grounded. Find out how we make it more precise

  1. Birmingham City Council
  2. UK Government EPC Register (Lakewood Drive Birmingham)
  3. MySociety.org B45 9WE
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