Housing Market Analysis for REDDITCH ROAD, B38 8LU

Are you looking to understand B38 8LU 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 B38 8LU area, explore the B38 8LU Area information page.
For comprehensive crime statistics in the B38 8LU area, explore the B38 8LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B38 8LU postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £154,322 median price is £160,000 Standard Deviation is £61,505 with Total Sold: 20
- The Last 5 Year average price is £242,625 with Total Sold: 4
- The most recent sale happened at this postcode is 526 REDDITCH ROAD: £250,000 (Sold on 09 Nov 2023)
- The first recorded sale happened at this postcode is 524 REDDITCH ROAD: £46,500 (Sold on 13 Mar 1995)
Terraced
- The average price is around £119,762 median price is £111,500 Standard Deviation is £49,185 with Total Sold: 8
- The most recent sale happened at this postcode is 524 REDDITCH ROAD: £200,000 (Sold on 22 Dec 2014)
- The first recorded sale happened at this postcode is 492 REDDITCH ROAD: £62,000 (Sold on 18 Oct 1996)
Detached
- The average price is around £90,750 median price is £90,750 Standard Deviation is £7,250 with Total Sold: 2
- The most recent sale happened at this postcode is 544 REDDITCH ROAD: £98,000 (Sold on 02 Nov 2001)
- The first recorded sale happened at this postcode is 544 REDDITCH ROAD: £83,500 (Sold on 29 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average B38 8LU 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£264,000	£2,934	2
2021	£234,000	£2,962	1
2020	£208,500	£2,242	1
2015	£170,000	£1,827	3
2014	£173,500	£1,954	2
2012	£164,000	£1,624	1
2009	£130,000	£1,548	1
2006	£162,000	£1,750	2
2004	£149,950	£1,562	1
2003	£123,500	£1,375	2
2001	£94,500		1
2000	£52,000		1
1996	£51,000	£646	1
1995	£46,500	£435	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£185,000	£1,768	2
2006	£160,000		1
2005	£125,000		1
2001	£98,000		1
1999	£83,500		1
1998	£59,600	£816	1
1996	£62,000	£585	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£98,000		1
1999	£83,500		1

All the Sales in the REDDITCH ROAD, B38 8LU

See the table below for more details on the sold house prices in the B38 8LU, Birmingham postcode.

Address	Sold Date	Price	% Change
526 REDDITCH ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	09 Nov 2023	£250,000	First Sale
550 REDDITCH ROADSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-1966	18 Aug 2023	£278,000	First Sale
496 REDDITCH ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	12 Feb 2021	£234,000	358.82%
	22 Jul 1996	£51,000	First Sale
516 REDDITCH ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1930-1949	08 Apr 2020	£208,500	21.22%
	07 Apr 2014	£172,000	First Sale
492 REDDITCH ROADSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-1949	20 Nov 2015	£193,000	211.29%
	18 Oct 1996	£62,000	First Sale
504 REDDITCH ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1900-1929	16 Nov 2015	£145,000	First Sale
522 REDDITCH ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	26 Jan 2015	£172,000	First Sale
524 REDDITCH ROADTerraced, FreeholdArea: 107 Sq.mtrAge: 1930-1949	22 Dec 2014	£200,000	330.11%
	13 Mar 1995	£46,500	First Sale
520 REDDITCH ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	12 Nov 2014	£175,000	First Sale
500 REDDITCH ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1930-1949	01 Aug 2014	£170,000	First Sale
538 REDDITCH ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-1949	02 Oct 2012	£164,000	First Sale
506 REDDITCH ROADSemi-Detached, FreeholdArea: 83.98 Sq.mtrAge: 1930-1949	27 Nov 2009	£130,000	First Sale
512 REDDITCH ROADSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	14 Dec 2006	£168,000	12.04%
	22 Oct 2004	£149,950	13.60%
	17 Apr 2003	£132,000	First Sale
518 REDDITCH ROADSemi-Detached, Freehold	31 Mar 2006	£156,000	First Sale
514 REDDITCH ROADTerraced, Freehold	02 Feb 2006	£160,000	28.00%
514 REDDITCH ROADTerraced, Freehold	26 Aug 2005	£125,000	First Sale
536 REDDITCH ROADSemi-Detached, Freehold	23 May 2003	£115,000	First Sale
544 REDDITCH ROADTerraced, Freehold	02 Nov 2001	£98,000	0.0
	02 Nov 2001	£98,000	17.37%
	29 Oct 1999	£83,500	0.0
	29 Oct 1999	£83,500	First Sale
494 REDDITCH ROADSemi-Detached, Freehold	12 Feb 2001	£94,500	First Sale
490 REDDITCH ROADSemi-Detached, Freehold	11 Aug 2000	£52,000	First Sale
502 REDDITCH ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	22 May 1998	£59,600	First Sale

Check out the sold house prices near the B38 8LU postcode. Properties currently for saleProperties currently for rent

REDDITCH ROAD, B38 8LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B38 8LU 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 B38 8LU postcode.

Semi-Detached
- The average price is around £124,729 median price is £125,000 Standard Deviation is £60,727 with Total Sold: 895
- The Last 5 Year average price is £204,772 with Total Sold: 164
- The most recent sale happened at this postcode is , 148 GREEN ACRES ROAD: £271,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 24 SIR HILTONS ROAD: £25,500 (Sold on 05 Jan 1995)
Terraced
- The average price is around £114,182 median price is £115,000 Standard Deviation is £52,103 with Total Sold: 993
- The Last 5 Year average price is £180,093 with Total Sold: 187
- The most recent sale happened at this postcode is , 19 BIRSTALL WAY: £192,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 9 PRITCHETT ROAD: £41,000 (Sold on 26 Jan 1995)
Detached
- The average price is around £234,393 median price is £237,500 Standard Deviation is £94,581 with Total Sold: 136
- The Last 5 Year average price is £335,914 with Total Sold: 18
- The most recent sale happened at this postcode is , 464 REDHILL ROAD: £577,000 (Sold on 29 Apr 2024)
- The first recorded sale happened at this postcode is , 356 REDDITCH ROAD: £72,000 (Sold on 21 Feb 1996)
Flat
- The average price is around £94,556 median price is £86,375 Standard Deviation is £41,713 with Total Sold: 182
- The Last 5 Year average price is £111,538 with Total Sold: 40
- The most recent sale happened at this postcode is , 55 WESTMINSTER PLACE: £94,500 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 12, BLOSSOMFIELD COURT BLOSSOMFIELD CLOSE: £22,000 (Sold on 05 May 1995)
Other
- The average price is around £253,521 median price is £118,500 Standard Deviation is £363,425 with Total Sold: 12
- The Last 5 Year average price is £154,050 with Total Sold: 5
- The most recent sale happened at this postcode is , 21 LILLEY LANE: £355,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is , BRECKNELL WATER HYDRAULICS (UK) LTD LIGHTNING WAY: £110,000 (Sold on 09 May 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,425	£3,049	10
2023	£224,799	£2,635	35
2022	£218,603	£2,700	34
2021	£187,392	£2,437	42
2020	£188,340	£2,387	25
2019	£179,942	£2,297	18
2018	£182,588	£2,262	34
2017	£180,548	£2,089	34
2016	£157,603	£1,946	30
2015	£144,350	£1,748	29
2014	£131,150	£1,691	27
2013	£119,048	£1,489	20
2012	£136,938	£1,628	17
2011	£129,742	£1,741	24
2010	£119,682	£1,522	25
2009	£119,646	£1,485	13
2008	£136,926	£1,583	17
2007	£141,989	£1,631	31
2006	£129,207	£1,635	49
2005	£121,710	£1,525	26
2004	£124,712	£1,513	32
2003	£95,595	£1,113	44
2002	£84,749	£1,091	38
2001	£67,945	£818	40
2000	£58,171	£700	54
1999	£55,365	£672	23
1998	£51,694	£585	32
1997	£48,995	£563	32
1996	£49,903	£636	29
1995	£46,237	£566	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,900	£1,764	15
2023	£206,712	£2,619	33
2022	£201,598	£2,546	30
2021	£175,649	£2,286	40
2020	£160,756	£2,052	33
2019	£153,014	£1,902	36
2018	£158,950	£2,078	30
2017	£141,866	£1,771	45
2016	£136,893	£1,663	41
2015	£127,130	£1,581	38
2014	£118,425	£1,520	48
2013	£112,147	£1,409	17
2012	£104,257	£1,300	32
2011	£122,416	£1,665	32
2010	£123,714	£1,564	22
2009	£112,441	£1,441	27
2008	£119,071	£1,476	43
2007	£118,989	£1,456	52
2006	£110,570	£1,352	30
2005	£108,518	£1,383	25
2004	£108,195	£1,377	30
2003	£87,469	£1,121	43
2002	£71,463	£925	35
2001	£55,546	£722	46
2000	£56,583	£719	32
1999	£47,738	£607	31
1998	£46,427	£632	26
1997	£45,144	£562	42
1996	£44,910	£576	20
1995	£42,879	£488	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£452,500	£3,489	2
2023	£537,500	£3,325	2
2022	£310,000	£2,562	1
2021	£302,190	£2,655	5
2020	£260,625	£2,761	4
2019	£300,750	£2,697	4
2018	£259,000	£2,486	4
2017	£240,621	£2,438	12
2016	£234,700	£2,038	5
2015	£298,208	£2,348	12
2014	£278,014	£2,261	7
2013	£239,000	£1,721	1
2012	£204,983	£2,055	6
2011	£192,650	£2,219	3
2010	£206,980	£2,082	5
2009	£218,250	£2,092	9
2008	£249,900	£2,314	6
2007	£245,658	£2,335	13
2006	£243,600	£2,392	5
2005	£239,135	£1,780	7
2004	£216,000		2
2003	£99,500	£1,003	2
2002	£108,475	£1,023	2
2001	£133,100	£1,191	5
2000	£130,000	£750	3
1999	£85,733	£769	3
1998	£57,624	£379	3
1997	£86,500	£1,165	2
1996	£72,000	£742	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£124,500	£1,688	3
2023	£120,625	£2,226	8
2022	£100,833	£1,985	6
2021	£112,100	£2,127	5
2020	£106,038	£2,007	13
2019	£115,800	£1,999	5
2018	£122,875	£2,536	4
2017	£93,909	£1,856	11
2016	£175,000	£3,081	3
2015	£97,312	£1,693	8
2014	£89,833	£1,876	3
2013	£82,000		1
2012	£78,000	£1,393	1
2011	£80,917	£1,329	6
2010	£82,150	£1,559	3
2009	£87,028	£1,670	9
2008	£123,899	£2,299	27
2007	£126,223	£2,238	15
2006	£82,812	£1,764	8
2005	£75,742	£1,515	6
2004	£74,900	£1,806	5
2003	£56,285	£1,433	10
2002	£39,550	£872	7
2000	£26,743	£590	7
1999	£30,475		2
1997	£30,000	£750	1
1996	£27,250	£813	2
1995	£24,167	£561	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£355,000		1
2019	£103,812	£510	4
2018	£95,000		1
2017	£160,667	£1,671	3
2016	£792,500	£1,901	2
2014	£110,000		1

House Type in B38 8LU area

The most common house types in the B38 8LU postcode area are Semi-detached (64), Flat (48), and Detached (10).

Total	130
Semi-detached	64
Flat	48
Detached	10
Terraced	8
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Social rented: Rents from council or Local Authority (37).

Owned: Owns outright	37
Social rented: Rents from council or Local Authority	37
Owned: Owns with a mortgage or loan	32
Social rented: Other social rented	15
Private rented: Private landlord or letting agency	6
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the B38 8LU have 1 person in household (58), and 2 people in household (38).

1 person in household	58
2 people in household	38
3 people in household	16
4 people in household	14
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0