Housing Market Analysis for MEARSE LANE, B45 8HG

Are you looking to understand B45 8HG 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 Bromsgrove postcode.

For the location information and nearby amenities in the B45 8HG area, explore the B45 8HG Area information page.
For comprehensive crime statistics in the B45 8HG area, explore the B45 8HG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B45 8HG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £1,291,667 median price is £1,200,000 Standard Deviation is £363,050 with Total Sold: 3
    • The Last 5 Year average price is £1,487,500 with Total Sold: 2
    • The most recent sale happened at this postcode is HILLCROFT, 15 MEARSE LANE: £1,200,000 (Sold on 17 Dec 2021)
    • The first recorded sale happened at this postcode is HILLCROFT, 15 MEARSE LANE: £1,775,000 (Sold on 09 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average B45 8HG 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£1,200,0001
2000£900,0001
2024£1,775,0001

All the Sales in the MEARSE LANE, B45 8HG

See the table below for more details on the sold house prices in the B45 8HG, Bromsgrove postcode.

AddressSold DatePrice% Change
HILLCROFT, 15 MEARSE LANEDetached, Freehold17 Dec 2021£1,200,000-32.39%
09 Jan 2024£1,775,000First Sale
9 MEARSE LANEDetached, Freehold29 Sep 2000£900,000First Sale

Check out the sold house prices near the B45 8HG postcode. Properties currently for saleProperties currently for rent

MEARSE LANE, B45 8HG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B45 8HG 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 B45 8HG postcode.

  • Detached
    • The average price is around £757,308 median price is £650,000 Standard Deviation is £470,232 with Total Sold: 97
    • The Last 5 Year average price is £1,304,297 with Total Sold: 16
    • The most recent sale happened at this postcode is , HILLCROFT, 15 MEARSE LANE: £1,775,000 (Sold on 09 Jan 2024)
    • The first recorded sale happened at this postcode is , 26 PLYMOUTH ROAD: £366,347 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £683,750 median price is £662,500 Standard Deviation is £191,127 with Total Sold: 4
    • The Last 5 Year average price is £635,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 30 PLYMOUTH ROAD: £915,000 (Sold on 17 Jan 2023)
    • The first recorded sale happened at this postcode is , 20 MEARSE LANE: £830,000 (Sold on 17 Jul 2017)
  • Flat
    • The average price is around £226,000 median price is £183,000 Standard Deviation is £81,615 with Total Sold: 19
    • The Last 5 Year average price is £365,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 2, WOODEND HOUSE WOOD END DRIVE: £350,000 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is FLAT 6, WOODEND HOUSE WOOD END DRIVE: £154,500 (Sold on 08 May 1997)
  • Semi-Detached
    • The average price is around £362,000 median price is £362,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 3, YEW TREE FARM BROOKHOUSE ROAD: £362,000 (Sold on 21 Apr 2006)
    • The first recorded sale happened at this postcode is UNIT 3, YEW TREE FARM BROOKHOUSE ROAD: £362,000 (Sold on 21 Apr 2006)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,775,0001
2023£1,812,500 £5,646 2
2022£1,500,000 £3,945 2
2021£915,000 £3,738 7
2020£1,654,583 £5,299 3
2019£1,100,000 £3,887 1
2018£1,209,000 £2,971 5
2017£900,000 £2,950 2
2016£910,833 £3,350 6
2015£902,500 £3,733 4
2014£672,500 £2,436 2
2013£718,564 £2,907 7
2012£545,000 £2,514 2
2011£537,000 £3,000 1
2010£1,185,000 £2,693 2
2009£580,0001
2008£380,0001
2007£650,000 £2,995 1
2006£634,375 £2,652 4
2005£785,000 £3,445 3
2004£998,000 £4,068 2
2003£761,635 £2,486 6
2002£411,000 £2,193 6
2001£403,333 £1,747 3
2000£446,667 £1,033 6
1999£380,000 £1,520 4
1998£382,900 £960 5
1997£293,500 £1,179 3
1996£320,000 £1,242 2
1995£306,282 £973 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£915,000 £2,427 1
2021£495,000 £1,313 1
2020£495,000 £1,313 1
2017£830,000 £3,074 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£350,000 £3,646 1
2019£380,000 £4,270 1
2016£360,000 £3,871 1
2014£350,000 £3,646 1
2008£325,0001
2005£270,000 £3,034 1
2002£201,667 £2,205 3
2001£183,000 £1,968 1
1999£155,000 £1,705 2
1998£172,333 £1,787 3
1997£161,000 £1,740 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£362,0001

House Type in B45 8HG area

The most common house types in the B45 8HG postcode area are Detached (104), Semi-detached (16), and Shared house (8).

Total137
Detached104
Semi-detached16
Shared house8
converted building4
Terraced2
Flat2
temporary structure1
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright62
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B45 8HG have 2 people in household (54), and 1 person in household (25).

2 people in household54
1 person in household25
4 people in household21
3 people in household19
5 people in household10
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0