Housing Market Analysis for REDSTAR ROAD, B23 5GZ

Are you looking to understand B23 5GZ 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 Birmingham postcode.

For the location information and nearby amenities in the B23 5GZ area, explore the B23 5GZ Area information page.
For comprehensive crime statistics in the B23 5GZ area, explore the B23 5GZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B23 5GZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £227,500 median price is £225,000 Standard Deviation is £8,292 with Total Sold: 4
    • The Last 5 Year average price is £235,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 REDSTAR ROAD: £240,000 (Sold on 15 Jan 2021)
    • The first recorded sale happened at this postcode is 10 REDSTAR ROAD: £220,000 (Sold on 30 May 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average B23 5GZ 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£240,000 £2,727 1
2020£230,000 £2,614 1
2018£220,000 £2,500 2

All the Sales in the REDSTAR ROAD, B23 5GZ

See the table below for more details on the sold house prices in the B23 5GZ, Birmingham postcode.

AddressSold DatePrice% Change
10 REDSTAR ROADDetached, FreeholdArea: 88 Sq.mtr15 Jan 2021£240,0009.09%
30 May 2018£220,000First Sale
7 REDSTAR ROADDetached, FreeholdArea: 88 Sq.mtr05 Jun 2020£230,0004.55%
19 Jun 2018£220,000First Sale

Check out the sold house prices near the B23 5GZ postcode. Properties currently for saleProperties currently for rent

REDSTAR ROAD, B23 5GZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B23 5GZ 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 B23 5GZ postcode.

  • Flat
    • The average price is around £109,989 median price is £112,000 Standard Deviation is £27,860 with Total Sold: 161
    • The Last 5 Year average price is £123,019 with Total Sold: 26
    • The most recent sale happened at this postcode is , SOMERTON COURT, 3 TURFPITS LANE: £102,500 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 THE BRIARS: £41,000 (Sold on 11 Aug 1995)
  • Terraced
    • The average price is around £101,756 median price is £100,000 Standard Deviation is £51,724 with Total Sold: 722
    • The Last 5 Year average price is £172,659 with Total Sold: 96
    • The most recent sale happened at this postcode is , 156 WITTON LODGE ROAD: £192,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 SCAFELL DRIVE: £37,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £162,245 median price is £167,000 Standard Deviation is £70,106 with Total Sold: 248
    • The Last 5 Year average price is £247,574 with Total Sold: 37
    • The most recent sale happened at this postcode is , 50 FARNDON WAY: £290,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , 26 ASH WAY: £65,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £113,359 median price is £106,500 Standard Deviation is £56,350 with Total Sold: 774
    • The Last 5 Year average price is £183,115 with Total Sold: 61
    • The most recent sale happened at this postcode is , 15 TULIP CLOSE: £258,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 78 GLENDON ROAD: £48,000 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £277,894 median price is £240,000 Standard Deviation is £168,981 with Total Sold: 13
    • The Last 5 Year average price is £377,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 15 PERRY COMMON ROAD: £640,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , 11 FARNDON WAY: £210,000 (Sold on 17 Feb 2017)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£141,625 £2,417 4
2023£129,333 £2,305 3
2022£138,000 £2,105 2
2021£117,227 £1,919 11
2020£113,083 £1,837 6
2019£100,917 £1,747 6
2018£126,638 £2,129 20
2017£103,022 £1,773 9
2016£107,083 £1,717 6
2015£97,238 £1,654 4
2014£81,000 £1,558 1
2013£68,250 £1,276 2
2012£89,950 £1,417 1
2011£97,475 £1,683 2
2010£118,832 £1,992 14
2009£97,216 £1,782 19
2008£119,228 £1,759 27
2007£120,600 £1,732 6
2006£107,000 £1,555 4
2005£136,000 £1,447 1
2004£129,475 £1,482 2
2002£84,350 £1,082 2
2001£68,133 £912 3
2000£56,475 £671 2
1997£29,000 £439 1
1996£39,000 £783 2
1995£41,000 £651 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,800 £2,762 11
2023£199,737 £2,479 19
2022£184,154 £2,332 26
2021£151,739 £2,003 19
2020£139,688 £1,857 21
2019£145,542 £1,986 28
2018£152,160 £1,816 26
2017£129,955 £1,650 30
2016£117,926 £1,668 27
2015£114,775 £1,569 32
2014£106,716 £1,483 19
2013£99,756 £1,426 18
2012£89,500 £1,246 13
2011£100,852 £1,297 10
2010£117,121 £1,453 12
2009£136,261 £1,645 9
2008£112,558 £1,518 30
2007£123,857 £1,726 33
2006£101,256 £1,272 29
2005£101,536 £1,348 39
2004£83,510 £1,189 35
2003£78,509 £1,090 29
2002£62,737 £770 30
2001£61,375 £770 36
2000£46,620 £615 28
1999£40,767 £561 28
1998£37,448 £486 18
1997£39,655 £534 21
1996£40,513 £568 23
1995£40,961 £640 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£243,7504
2023£257,5002
2022£268,875 £3,624 10
2021£262,136 £2,855 11
2020£209,800 £2,954 10
2019£209,250 £2,784 6
2018£229,278 £2,359 18
2017£218,773 £2,714 11
2016£191,000 £2,228 5
2015£185,421 £2,056 7
2014£163,639 £1,883 9
2013£118,333 £1,787 3
2012£162,361 £2,125 9
2011£170,143 £2,438 7
2010£176,760 £1,905 10
2009£167,657 £1,904 15
2008£178,598 £1,651 13
2007£162,317 £2,287 9
2006£162,390 £1,946 5
2005£157,8754
2004£136,308 £1,771 6
2003£122,889 £1,562 9
2002£96,988 £1,267 8
2001£89,447 £1,076 17
2000£76,315 £1,037 7
1999£70,490 £1,192 5
1998£77,856 £982 9
1997£65,822 £966 9
1996£59,688 £980 4
1995£67,874 £1,428 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,800 £1,540 3
2023£199,994 £2,729 14
2022£174,483 £2,274 18
2021£195,533 £2,470 15
2020£158,091 £2,562 11
2019£197,394 £2,106 34
2018£184,078 £2,267 56
2017£160,259 £2,065 27
2016£131,827 £1,767 24
2015£125,214 £1,607 21
2014£115,115 £1,567 13
2013£107,494 £1,442 17
2012£110,958 £1,457 12
2011£115,831 £1,442 18
2010£132,308 £1,731 18
2009£121,031 £1,532 13
2008£136,078 £1,764 32
2007£129,872 £1,815 37
2006£121,124 £1,355 23
2005£125,650 £1,440 29
2004£106,880 £1,312 31
2003£91,575 £1,293 44
2002£77,582 £1,080 38
2001£79,189 £925 58
2000£55,328 £802 28
1999£51,142 £608 33
1998£45,071 £592 26
1997£48,445 £659 20
1996£47,016 £719 37
1995£47,685 £691 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£640,0001
2022£95,0001
2021£335,0001
2020£438,0001
2019£209,906 £1,151 4
2018£263,750 £2,619 4
2017£210,000 £2,471 1

House Type in B23 5GZ area

The most common house types in the B23 5GZ postcode area are Semi-detached (119), Terraced (37), and Detached (19).

Total176
Semi-detached119
Terraced37
Detached19
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (73), and Owned: Owns with a mortgage or loan (35).

Social rented: Rents from council or Local Authority73
Owned: Owns with a mortgage or loan35
Social rented: Other social rented32
Owned: Owns outright14
Private rented: Private landlord or letting agency11
Shared ownership: Shared ownership8
Private rented: Other private rented2
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the B23 5GZ have 2 people in household (39), and 1 person in household (36).

2 people in household39
1 person in household36
4 people in household34
3 people in household33
5 people in household15
6 people in household10
7 people in household4
8 or more people in household1
0 people in household0