Housing Market Analysis for MEARSE LANE, B45 8HW

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

Overview of Sold House prices

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

  • Other
    • The average price is around £830,000 median price is £830,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 MEARSE LANE: £830,000 (Sold on 17 Jul 2017)
    • The first recorded sale happened at this postcode is 20 MEARSE LANE: £830,000 (Sold on 17 Jul 2017)
  • Detached
    • The average price is around £865,000 median price is £865,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is EDGEFIELD, 24 MEARSE LANE: £865,000 (Sold on 12 Jun 2015)
    • The first recorded sale happened at this postcode is EDGEFIELD, 24 MEARSE LANE: £865,000 (Sold on 12 Jun 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average B45 8HW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£830,000 £3,074 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£865,0001

All the Sales in the MEARSE LANE, B45 8HW

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

AddressSold DatePrice% Change
20 MEARSE LANEOther, FreeholdArea: 270 Sq.mtrAge: before 190017 Jul 2017£830,000First Sale
EDGEFIELD, 24 MEARSE LANEDetached, Freehold12 Jun 2015£865,000First Sale

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

MEARSE LANE, B45 8HW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £718,818 median price is £640,000 Standard Deviation is £425,329 with Total Sold: 225
    • The Last 5 Year average price is £1,210,074 with Total Sold: 43
    • 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 £230,762 median price is £220,000 Standard Deviation is £62,693 with Total Sold: 42
    • The Last 5 Year average price is £331,250 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 3, STRETTON CROFT, 54 BROOKHOUSE ROAD: £345,000 (Sold on 21 Apr 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 £687,000 median price is £700,000 Standard Deviation is £171,073 with Total Sold: 5
    • 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 , 1A BLAKES FIELD DRIVE: £700,000 (Sold on 09 Nov 2016)
  • 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£1,475,000 £3,072 3
2023£1,521,667 £5,680 6
2022£1,175,907 £4,452 12
2021£1,060,321 £4,018 11
2020£1,279,107 £4,197 7
2019£937,500 £2,787 4
2018£1,099,429 £3,063 7
2017£900,000 £2,950 2
2016£833,182 £3,514 11
2015£770,910 £3,322 11
2014£731,250 £2,881 8
2013£723,883 £2,913 9
2012£657,312 £3,418 8
2011£583,500 £2,621 2
2010£927,500 £2,582 4
2009£562,500 £1,940 2
2008£798,200 £3,108 5
2007£680,000 £2,634 6
2006£842,188 £2,829 8
2005£711,238 £3,134 4
2004£778,833 £2,629 6
2003£738,976 £2,138 10
2002£483,273 £2,175 11
2001£405,825 £1,992 6
2000£403,500 £1,417 13
1999£347,700 £1,395 10
1998£366,292 £1,111 12
1997£299,188 £1,301 8
1996£308,200 £1,391 10
1995£319,316 £1,219 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£345,0001
2020£350,000 £3,646 1
2019£315,000 £4,270 2
2018£218,333 £2,154 3
2017£300,0001
2016£360,000 £3,871 1
2014£295,000 £3,646 2
2010£210,000 £2,445 1
2009£239,0001
2008£287,5002
2006£226,7502
2005£245,667 £3,034 3
2004£219,500 £2,212 5
2003£222,7504
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: 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
2016£700,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£362,0001

House Type in B45 8HW area

The most common house types in the B45 8HW 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 8HW 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