Penn Lane, B48 - Current House Values & Market Shifts

Look closely at Penn Lane in the B48 district in Birmingham, and learn how it compares to nearby patches.

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Associated Postcodes:

B48 7HU

What’s the ideal cost of properties on Penn Lane?

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
×
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  >   B48  >  Penn Lane

Housing Activity on This Street

Market Trends and Property Values in Penn Lane

  • Only one property has been sold on Penn Lane since 2021, fetching £600,000. The property size was 1,489 square feet, resulting in a cost of £319 per square foot.
  • The sole instance of a house sale on Penn Lane was marked in June 2022.
Local Price Comparison

Market Comparison: Penn Lane vs Surrounding Areas

By Locality

Portway

The average price tag in Portway comes in 37% less than on Penn Lane. (£377,100 vs £600,000) Thus, buyers selecting Portway instead of Penn Lane might benefit from a cost difference of £222,900.

By Sector

B48 7

Homes on Penn Lane are 42% costlier than their B48 7 sector counterparts on average. (£600,000 vs £350,100). Choosing a home on Penn Lane over another in the same sector could require a larger budget, with an additional cost of around £249,900.

By District

i.e. B48

In comparison to the B48 district, Penn Lane has average property prices that are 42% higher. (£600,000 vs £350,100). Analysing average prices, buyers could face a premium of around £249,900 by selecting Penn Lane.

By City or Town

i.e. Birmingham

Penn Lane: where curb appeal comes with a 66% markup over Birmingham. (£600,000 vs £201,000). As it stands, a like-for-like property on Penn Lane may be tagged at £398,900 more than its Birmingham counterparts.

Beyond Prices on This Street

Additional Market and Street-Level Data for Penn Lane

  • Home to 8 properties, this neatly defined road is served by only one postcode.
  • There are no recent developments or new-build homes on Penn Lane.
  • On average, homes on Penn Lane hold an EPC rating of 47 (E), with the possibility of reaching 74 (C).
  • On Penn Lane, the typical property spans 1,489 square feet, outstretching the Birmingham average by 41%.
  • With sales every 86 months, this street keeps a brisker pace than the 12.22 months standard in B48.
City Property Trends

A Closer Look at Homes and Streets in Birmingham

There’s not a great deal written about house values or sales speed in Birmingham – so we decided to do something about that.
Also, if you’re after stats and stories, visit our Birmingham house prices page for the data, and browse the local blog for real-world insights.
District Gems to Find

About the B48 Area

Just underneath, you’ll find the freshest figures linked to B48 property activity.
84
No. of Roads
591
No. of Transactions
£400K
Avg. Property Price
1,251
per sq/ft
Avg. Property Size
£313
per sq/ft
Avg. Cost Per Sq/Ft
Streets to Spotlight

Other Roads to Discover

Popular Roads in B48

B48 Roads with Similar Prices

Roads Near Penn Lane

Penn Lane, B48, Birmingham

Data You Can Believe In

By refining robust datasets with fresh, location-sensitive techniques, we carve out crystal-sharp property estimates. Raw data from EPCs and sale registries is massaged gently through our valuation process - exposing subtleties, cleaning distortions. Understand how it all comes together

  1. Birmingham City Council
  2. HM Land Registry (Birmingham)
  3. UK Government EPC Register (Penn Lane Birmingham)
  4. FindThatPostcode.uk B48 7HU
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    Strength: Very Weak