Housing Market Analysis for MEARSE LANE, B45 8HQ

Are you looking to understand B45 8HQ 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 8HQ area, explore the B45 8HQ Area information page.
For comprehensive crime statistics in the B45 8HQ area, explore the B45 8HQ Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £1,395,000 median price is £1,375,000 Standard Deviation is £65,765 with Total Sold: 4
    • The most recent sale happened at this postcode is BROOKDALE, 21 MEARSE LANE: £1,400,000 (Sold on 20 Feb 2018)
    • The first recorded sale happened at this postcode is 21 MEARSE LANE: £1,330,000 (Sold on 06 Sep 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average B45 8HQ 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
2018£1,400,0001
2015£1,500,000 £4,679 1
2013£1,350,000 £2,937 1
2005£1,330,000 £4,148 1

All the Sales in the MEARSE LANE, B45 8HQ

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

AddressSold DatePrice% Change
BROOKDALE, 21 MEARSE LANEDetached, Freehold20 Feb 2018£1,400,000First Sale
21 MEARSE LANEDetached, FreeholdArea: 320.6 Sq.mtrAge: before 190015 Jan 2015£1,500,00012.78%
06 Sep 2005£1,330,000First Sale
33 MEARSE LANEDetached, FreeholdArea: 459.65 Sq.mtrAge: 1900-192910 May 2013£1,350,000First Sale

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

MEARSE LANE, B45 8HQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £657,746 median price is £580,000 Standard Deviation is £390,478 with Total Sold: 327
    • The Last 5 Year average price is £1,117,240 with Total Sold: 61
    • The most recent sale happened at this postcode is , 11 ASHLEY COURT: £1,750,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 26 PLYMOUTH ROAD: £366,347 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £299,910 median price is £300,000 Standard Deviation is £127,535 with Total Sold: 39
    • The Last 5 Year average price is £399,286 with Total Sold: 7
    • The most recent sale happened at this postcode is APARTMENT 7, THE MANSION HOUSE, 26 LORD AUSTIN DRIVE: £635,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is FLAT 6, WOODEND HOUSE WOOD END DRIVE: £154,500 (Sold on 08 May 1997)
  • Other
    • The average price is around £769,286 median price is £830,000 Standard Deviation is £205,660 with Total Sold: 7
    • The Last 5 Year average price is £751,250 with Total Sold: 4
    • 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 , 1A BLAKES FIELD DRIVE: £700,000 (Sold on 09 Nov 2016)
  • Terraced
    • The average price is around £377,667 median price is £321,000 Standard Deviation is £85,136 with Total Sold: 3
    • The Last 5 Year average price is £498,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 11 LORD AUSTIN DRIVE: £498,000 (Sold on 17 May 2019)
    • The first recorded sale happened at this postcode is , 7 LORD AUSTIN DRIVE: £314,000 (Sold on 01 May 2015)
  • Semi-Detached
    • The average price is around £263,300 median price is £245,000 Standard Deviation is £71,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 9 LORD AUSTIN DRIVE: £329,500 (Sold on 19 Apr 2007)
    • The first recorded sale happened at this postcode is , 5 LORD AUSTIN DRIVE: £245,000 (Sold on 01 Apr 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,475,000 £3,072 3
2023£1,388,250 £5,114 10
2022£1,170,068 £4,425 13
2021£969,418 £4,067 18
2020£1,079,886 £3,900 11
2019£884,167 £2,903 6
2018£1,055,750 £3,226 8
2017£831,667 £3,471 3
2016£833,182 £3,514 11
2015£748,078 £3,286 13
2014£705,962 £3,291 13
2013£669,788 £2,758 13
2012£650,944 £3,326 9
2011£606,750 £2,902 4
2010£943,400 £2,585 5
2009£598,750 £2,444 4
2008£798,200 £3,108 5
2007£632,800 £2,819 10
2006£718,083 £2,998 12
2005£666,555 £2,836 9
2004£719,125 £2,632 8
2003£738,976 £2,138 10
2002£415,917 £2,093 12
2001£378,450 £2,008 11
2000£391,294 £1,441 17
1999£371,163 £1,526 22
1998£357,850 £1,307 20
1997£303,000 £1,339 12
1996£311,279 £1,407 21
1995£317,057 £1,360 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,000 £2,848 3
2021£395,000 £3,492 2
2020£350,000 £3,646 1
2019£380,000 £4,270 1
2018£555,000 £3,066 1
2017£295,000 £3,315 1
2016£386,000 £3,662 2
2015£382,500 £3,206 1
2014£345,000 £3,729 2
2013£493,750 £2,539 2
2008£325,0001
2006£455,000 £2,514 1
2005£252,500 £2,625 2
2004£330,000 £2,851 2
2002£201,667 £2,205 3
2001£183,000 £1,968 1
1999£220,917 £1,651 6
1998£172,333 £1,787 3
1997£161,000 £1,740 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£915,000 £2,427 1
2021£797,500 £4,275 2
2020£495,000 £1,313 1
2017£830,000 £3,074 1
2016£775,000 £5,592 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£498,000 £3,132 1
2016£321,000 £3,344 1
2015£314,000 £2,434 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£329,500 £3,433 1
2006£362,0001
1998£208,333 £1,602 3

House Type in B45 8HQ area

The most common house types in the B45 8HQ postcode area are Detached (105), Flat (7), and Semi-detached (2).

Total117
Detached105
Flat7
Semi-detached2
Terraced2
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright55
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency5
Private rented: Other private rented5
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the B45 8HQ have 2 people in household (53), and 4 people in household (22).

2 people in household53
4 people in household22
1 person in household18
3 people in household16
5 people in household3
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0