Penn Lane - B48 7HU
Key Street Insights
Penn Lane is a residential street with 5 addresses.
It ranks as the 54th largest and 467th most expensive of the 528 streets in the B48 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £525,173
- 10 Year change
- up 42.3%
- Ave. Rental Price
- £1,797pcm
- 10 Year change
- up 53.2%
- Ave. £ per ft²
- £353/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Street Insights
Penn Lane is a residential street with 5 addresses.
It ranks as the 54th largest and 467th most expensive of the 528 streets in the B48 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £525,173
- 10 Year change
- up 42.3%
- Ave. Rental Price
- £1,797pcm
- 10 Year change
- up 53.2%
- Ave. £ per ft²
- £353/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertieson Penn Lane, Portway, Birmingham, B48
- Pear Tree Cottage
4 Bed Period House
- Pretoria Cottage
Unknown
- Tara House
Unknown
- The Granary
3 Bed Modern House
- Yew Tree Cottage
5 Bed Period House
Sales Market Trends
The last sale on Penn Lane sold for £600,000 on 20th June 2022. Since then prices are up an average of 3.1%.
The current average value in the street is £525,173.
The Penn Lane Sales Market has increased by 42.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £525,173 |
| June 2025 | 0.2% | £522,133 |
| June 2024 | -0.5% | £520,834 |
| June 2023 | 2.7% | £523,378 |
| June 2022 | 9.8% | £509,527 |
| June 2021 | 7.8% | £463,884 |
| June 2020 | 1.8% | £430,262 |
| June 2019 | 2% | £422,612 |
| June 2018 | 5.9% | £414,162 |
| June 2017 | 6% | £391,068 |
| June 2016 | 6.1% | £369,102 |
| June 2015 | 5.6% | £347,815 |
| June 2014 | 5.7% | £329,453 |
| June 2013 | 2.7% | £311,541 |
| June 2012 | -0.2% | £303,255 |
| June 2011 | 1.1% | £303,955 |
| June 2010 | 8.7% | £300,788 |
| June 2009 | -9.4% | £276,754 |
| June 2008 | -3.8% | £305,435 |
| June 2007 | 0% | £317,500 |
Rental Market Trends
The current average rental value in the street is £1,797.
The Penn Lane Rental Market has increased by 53.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,797pcm |
| June 2025 | 4.5% | £1,744pcm |
| June 2024 | 8% | £1,669pcm |
| June 2023 | 9% | £1,545pcm |
| June 2022 | 8.9% | £1,418pcm |
| June 2021 | 3.8% | £1,301pcm |
| June 2020 | 1.8% | £1,254pcm |
| June 2019 | 0% | £1,232pcm |
| June 2018 | 2.7% | £1,232pcm |
| June 2017 | 2.2% | £1,200pcm |
| June 2016 | 4.5% | £1,173pcm |
| June 2015 | 2.8% | £1,122pcm |
| June 2014 | 3.5% | £1,092pcm |
| June 2013 | 1.1% | £1,056pcm |
| June 2012 | 2.5% | £1,044pcm |
| June 2011 | 2.5% | £1,019pcm |
| June 2010 | 6.6% | £994pcm |
| June 2009 | -3.3% | £932pcm |
| June 2008 | -0.2% | £964pcm |
| June 2007 | 0% | £966pcm |
Sales History
The last sale was on 20th June 2022 for £600,000 and since then the market in the area has increased by 3.1%. The street has had a total of 5 sales since 1995.
Penn Lane, Portway, Birmingham, B48 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£600,000 | 5 Bed HouseYew Tree Cottage, Penn Lane, Birmingham, B48 7HUYew Tree Cottage, Penn Lane, Birmingham, B48 7HU
- Sold Mar 2008£460,000 | 4 Bed HousePear Tree Cottage, Penn Lane, Birmingham, B48 7HUPear Tree Cottage, Penn Lane, Birmingham, B48 7HU
- Sold Aug 2005£345,000 | 5 Bed HouseYew Tree Cottage, Penn Lane, Birmingham, B48 7HUYew Tree Cottage, Penn Lane, Birmingham, B48 7HU
- Sold Mar 2000£260,000 | 4 Bed HousePear Tree Cottage, Penn Lane, Birmingham, B48 7HUPear Tree Cottage, Penn Lane, Birmingham, B48 7HU
- Sold Jan 1999£151,000 | 4 Bed HouseTara House, Penn Lane, Birmingham, B48 7HUTara House, Penn Lane, Birmingham, B48 7HU
Top 3 Most Expensive Sales
- Sold Jun 2022£600,000 | 5 Bed HouseYew Tree Cottage, Penn Lane, Birmingham, B48 7HUYew Tree Cottage, Penn Lane, Birmingham, B48 7HU
- Sold Mar 2008£460,000 | 4 Bed HousePear Tree Cottage, Penn Lane, Birmingham, B48 7HUPear Tree Cottage, Penn Lane, Birmingham, B48 7HU
- Sold Aug 2005£345,000 | 5 Bed HouseYew Tree Cottage, Penn Lane, Birmingham, B48 7HUYew Tree Cottage, Penn Lane, Birmingham, B48 7HU
Nearby Streets
Penn Lane, Portway, Birmingham, B48 is the 54th largest and the 467th most expensive street in the B48 area.
- Alcester Road, Portway, Birmingham, B4832 Addresses|53 m away
- Whitepits Lane, Alvechurch, Birmingham, B4813 Addresses|287 m away
- Portway Court, Portway, Birmingham, B482 Addresses|581 m away
- Holly Lane, Alvechurch, Birmingham, B481 Addresses|767 m away
- Billesley Lane, Portway, Birmingham, B4810 Addresses|817 m away
- Seafield Lane, Alvechurch, Birmingham, B4822 Addresses|1.1 km away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 other addresses of unknown type
- period house (2)
- modern house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (2)
Schools Nearby
- Beoley First School2.7 km away
- Tanworth-in-Arden CofE Primary School3.3 km away
- Meadow Green Primary School3.3 km away
- Woodrush High School4.7 km away
- Arrow Vale High School5.5 km away
- Trinity High School and Sixth Form Centre5.6 km away
More reading links
Public Transport Nearby
The closest station to Penn Lane, Portway, Birmingham, B48 - B48 7HU is Wood End station, which is 2.3 kilometres away.
- Wood End|2.3 km away
- Earlswood (West Midlands)|2.6 km away
- The Lakes (Warks)|2.7 km away
