Housing Market Analysis for REDDITCH ROAD, B38 8LZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £135,738 median price is £104,000 Standard Deviation is £70,158 with Total Sold: 4
    • The Last 5 Year average price is £255,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 483 REDDITCH ROAD: £255,000 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is 489 REDDITCH ROAD: £79,950 (Sold on 01 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average B38 8LZ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£255,000 £2,802 1
2006£117,0001
2004£91,0001
2002£79,9501

All the Sales in the REDDITCH ROAD, B38 8LZ

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

AddressSold DatePrice% Change
483 REDDITCH ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1950-196620 Jan 2023£255,000First Sale
489 REDDITCH ROADTerraced, Freehold23 Jun 2006£117,00028.57%
23 Jul 2004£91,00013.82%
01 Nov 2002£79,950First Sale

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

REDDITCH ROAD, B38 8LZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £126,879 median price is £125,000 Standard Deviation is £61,317 with Total Sold: 924
    • The Last 5 Year average price is £201,655 with Total Sold: 185
    • 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 £110,436 median price is £110,000 Standard Deviation is £50,296 with Total Sold: 1,013
    • The Last 5 Year average price is £176,547 with Total Sold: 178
    • 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)
  • Flat
    • The average price is around £88,748 median price is £80,000 Standard Deviation is £41,416 with Total Sold: 190
    • The Last 5 Year average price is £108,808 with Total Sold: 39
    • The most recent sale happened at this postcode is , 173 GRANGE FARM DRIVE: £158,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is FLAT 12, BLOSSOMFIELD COURT BLOSSOMFIELD CLOSE: £22,000 (Sold on 05 May 1995)
  • Detached
    • The average price is around £215,386 median price is £227,500 Standard Deviation is £74,122 with Total Sold: 128
    • The Last 5 Year average price is £301,906 with Total Sold: 16
    • The most recent sale happened at this postcode is , 17 REDHILL GARDENS: £328,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 356 REDDITCH ROAD: £72,000 (Sold on 21 Feb 1996)
  • Other
    • The average price is around £298,549 median price is £110,000 Standard Deviation is £408,583 with Total Sold: 9
    • The Last 5 Year average price is £240,083 with Total Sold: 3
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,812 £3,049 12
2023£221,827 £2,589 35
2022£214,645 £2,578 38
2021£185,616 £2,418 47
2020£189,000 £2,415 31
2019£174,589 £2,185 22
2018£182,191 £2,295 34
2017£187,061 £2,110 35
2016£157,691 £1,939 32
2015£138,558 £1,691 31
2014£136,056 £1,831 35
2013£131,328 £1,736 27
2012£132,232 £1,561 17
2011£132,152 £1,718 25
2010£120,369 £1,556 16
2009£120,207 £1,545 14
2008£137,829 £1,620 19
2007£143,092 £1,600 30
2006£128,939 £1,646 47
2005£120,499 £1,550 23
2004£124,712 £1,513 32
2003£95,907 £1,110 41
2002£83,312 £1,036 42
2001£68,277 £853 39
2000£59,830 £709 51
1999£57,725 £700 24
1998£51,700 £593 31
1997£49,091 £564 31
1996£48,708 £586 31
1995£46,230 £563 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£198,154 £1,557 13
2023£207,857 £2,666 28
2022£185,050 £2,294 29
2021£170,260 £2,173 46
2020£165,776 £2,099 27
2019£153,000 £1,920 35
2018£157,483 £2,059 29
2017£139,817 £1,741 44
2016£135,320 £1,658 40
2015£122,871 £1,549 31
2014£116,396 £1,483 49
2013£110,139 £1,386 18
2012£103,148 £1,315 32
2011£122,478 £1,660 32
2010£115,902 £1,460 23
2009£113,104 £1,454 28
2008£124,016 £1,540 32
2007£117,788 £1,464 62
2006£109,712 £1,319 36
2005£106,517 £1,337 23
2004£104,749 £1,348 35
2003£87,693 £1,121 48
2002£72,336 £931 40
2001£56,569 £719 51
2000£55,987 £684 30
1999£46,544 £592 32
1998£46,042 £665 26
1997£43,841 £543 52
1996£43,617 £572 23
1995£41,750 £470 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,875 £1,688 4
2023£117,222 £2,112 9
2022£100,000 £1,819 8
2021£104,875 £2,090 4
2020£98,050 £1,955 10
2019£114,250 £2,037 4
2018£103,583 £2,016 6
2017£92,050 £1,782 10
2016£201,000 £3,579 2
2015£94,500 £1,677 7
2014£82,917 £1,443 6
2013£61,000 £500 2
2012£78,000 £1,393 1
2011£73,188 £1,257 8
2010£66,000 £1,692 1
2009£87,028 £1,670 9
2008£125,893 £2,252 26
2007£114,946 £2,150 11
2006£81,250 £1,577 10
2005£74,493 £1,378 7
2004£72,583 £1,496 6
2003£56,488 £1,326 12
2002£43,575 £826 10
2000£26,025 £536 8
1999£30,4752
1998£34,000 £540 1
1997£30,000 £750 1
1996£27,250 £813 2
1995£24,167 £561 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£328,000 £3,489 1
2023£440,000 £4,490 1
2022£346,667 £3,084 3
2021£259,000 £2,481 3
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£231,500 £2,079 4
2015£225,700 £2,081 5
2014£218,500 £2,197 5
2013£239,000 £1,721 1
2012£204,983 £2,055 6
2011£213,238 £2,322 4
2010£206,980 £2,082 5
2009£218,250 £2,092 9
2008£241,880 £2,314 5
2007£245,962 £2,335 12
2006£240,833 £2,318 6
2005£239,135 £1,780 7
2004£241,0002
2003£99,500 £1,003 2
2002£108,475 £1,023 2
2001£137,786 £1,222 7
2000£97,500 £739 3
1999£80,467 £734 6
1998£54,873 £244 1
1997£101,000 £1,165 3
1996£72,000 £742 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£355,0001
2019£182,625 £944 2
2018£50,845 £89 2
2017£177,5002
2016£1,400,0001
2014£110,0001

House Type in B38 8LZ area

The most common house types in the B38 8LZ postcode area are Terraced (75), Semi-detached (27), and Detached (11).

Total121
Terraced75
Semi-detached27
Detached11
Flat8
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (53), and Owned: Owns outright (24).

Owned: Owns with a mortgage or loan53
Owned: Owns outright24
Social rented: Rents from council or Local Authority18
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership4
Private rented: Other private rented4
Social rented: Other social rented3
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the B38 8LZ have 1 person in household (36), and 2 people in household (34).

1 person in household36
2 people in household34
3 people in household22
4 people in household18
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0