Housing Market Analysis for RESERVOIR ROAD, B45 8PN

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

Overview of Sold House prices

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

Detached
- The average price is around £300,346 median price is £287,500 Standard Deviation is £152,073 with Total Sold: 26
- The Last 5 Year average price is £502,500 with Total Sold: 6
- The most recent sale happened at this postcode is 30 RESERVOIR ROAD: £550,000 (Sold on 31 May 2023)
- The first recorded sale happened at this postcode is 4 RESERVOIR ROAD: £550,000 (Sold on 15 Jul 2024)
Terraced
- The average price is around £262,500 median price is £262,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 34 RESERVOIR ROAD: £262,500 (Sold on 06 Oct 2004)
- The first recorded sale happened at this postcode is 34 RESERVOIR ROAD: £262,500 (Sold on 06 Oct 2004)
Semi-Detached
- The average price is around £96,950 median price is £96,950 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 38 RESERVOIR ROAD: £96,950 (Sold on 19 Dec 1997)
- The first recorded sale happened at this postcode is 38 RESERVOIR ROAD: £96,950 (Sold on 19 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B45 8PN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£550,000	£4,231	1
2022	£541,250	£4,360	2
2021	£416,250	£3,734	2
2017	£397,500	£2,728	2
2016	£412,500	£3,046	2
2013	£314,500	£2,533	2
2011	£250,000	£2,033	1
2006	£278,333	£2,248	3
2005	£249,995		1
2004	£249,999		1
2000	£150,000	£1,154	1
1999	£126,500		2
1998	£123,500	£985	2
1997	£105,000		1
1996	£102,500	£725	2
2024	£550,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£262,500	£3,201	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1997	£96,950	£815	1

All the Sales in the RESERVOIR ROAD, B45 8PN

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

Address	Sold Date	Price	% Change
30 RESERVOIR ROADDetached, FreeholdArea: 130 Sq.mtrAge: 1930-1949	31 May 2023	£550,000	77.42%
	20 Dec 2013	£310,000	106.67%
	17 Mar 2000	£150,000	17.19%
	29 Jun 1998	£128,000	First Sale
14 RESERVOIR ROADDetached, FreeholdArea: 131 Sq.mtrAge: 1976-1982	15 Dec 2022	£490,000	415.79%
	29 Nov 1996	£95,000	First Sale
38 RESERVOIR ROADDetached, FreeholdArea: 119 Sq.mtrAge: 1930-1949	06 Oct 2022	£592,500	53.90%
	29 Mar 2016	£385,000	20.69%
	17 Dec 2013	£319,000	229.04%
	19 Dec 1997	£96,950	First Sale
40 RESERVOIR ROADDetached, FreeholdArea: 123 Sq.mtrAge: 1900-1929	20 Apr 2021	£415,000	66.00%
	28 Sep 2011	£250,000	First Sale
22 RESERVOIR ROADDetached, FreeholdArea: 102 Sq.mtrAge: 1930-1949	02 Feb 2021	£417,500	73.96%
	17 Oct 2006	£240,000	First Sale
36 RESERVOIR ROADDetached, FreeholdArea: 115 Sq.mtrAge: 1930-1949	06 Oct 2017	£340,000	First Sale
2 RESERVOIR ROADDetached, FreeholdArea: 182 Sq.mtrAge: 1930-1949	29 Sep 2017	£455,000	First Sale
26 RESERVOIR ROADDetached, FreeholdArea: 154 Sq.mtrAge: 1930-1949	01 Jul 2016	£440,000	33.33%
	26 May 2006	£330,000	First Sale
20 RESERVOIR ROADDetached, Freehold	08 Aug 2006	£265,000	130.43%
20 RESERVOIR ROADDetached, Freehold	05 Oct 1999	£115,000	First Sale
18 RESERVOIR ROADDetached, Freehold	15 Apr 2005	£249,995	127.27%
18 RESERVOIR ROADDetached, Freehold	21 Jun 1996	£110,000	First Sale
34 RESERVOIR ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1930-1949	06 Oct 2004	£262,500	First Sale
32 RESERVOIR ROADDetached, Freehold	01 Sep 2004	£249,999	138.09%
32 RESERVOIR ROADDetached, Freehold	16 May 1997	£105,000	First Sale
16 RESERVOIR ROADDetached, Freehold	15 Oct 1999	£138,000	First Sale
12 RESERVOIR ROADDetached, Freehold	30 Oct 1998	£119,000	First Sale
4 RESERVOIR ROADDetached, Freehold	15 Jul 2024	£550,000	First Sale

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

RESERVOIR ROAD, B45 8PN Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £232,136 median price is £229,250 Standard Deviation is £110,919 with Total Sold: 248
- The Last 5 Year average price is £348,208 with Total Sold: 57
- The most recent sale happened at this postcode is , 9 ASHMEAD DRIVE: £390,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 488 GROVELEY LANE: £53,000 (Sold on 28 Feb 1995)
Detached
- The average price is around £334,460 median price is £328,750 Standard Deviation is £166,343 with Total Sold: 294
- The Last 5 Year average price is £512,455 with Total Sold: 61
- The most recent sale happened at this postcode is , 4 RESERVOIR ROAD: £550,000 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 13 COFTON CHURCH LANE: £137,500 (Sold on 03 Feb 1995)
Terraced
- The average price is around £203,164 median price is £205,000 Standard Deviation is £90,530 with Total Sold: 86
- The Last 5 Year average price is £324,111 with Total Sold: 18
- The most recent sale happened at this postcode is , 9 LICKEY COPPICE: £340,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 15 ASHMEAD DRIVE: £63,000 (Sold on 12 Apr 1996)
Other
- The average price is around £274,140 median price is £256,500 Standard Deviation is £181,510 with Total Sold: 5
- The Last 5 Year average price is £274,140 with Total Sold: 5
- The most recent sale happened at this postcode is REDNAL SOCIAL CLUB, SUNNY BANK, 8 BARNT GREEN ROAD: £525,600 (Sold on 17 Apr 2023)
- The first recorded sale happened at this postcode is , 32 TEN ASHES LANE: £419,000 (Sold on 30 Sep 2021)
Flat
- The average price is around £419,000 median price is £419,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £419,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 32 TEN ASHES LANE: £419,000 (Sold on 30 Sep 2021)
- The first recorded sale happened at this postcode is , 32 TEN ASHES LANE: £419,000 (Sold on 30 Sep 2021)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£393,333		3
2023	£383,250	£3,846	4
2022	£428,250	£3,829	10
2021	£345,375	£3,385	8
2020	£305,500	£3,454	14
2019	£322,908	£3,151	18
2018	£313,500	£3,096	11
2017	£275,207	£3,077	7
2016	£296,000	£2,517	8
2015	£242,690	£2,468	15
2014	£288,244	£2,508	8
2013	£207,500	£2,129	6
2012	£219,938	£2,269	8
2011	£229,250	£2,328	6
2010	£259,207	£2,254	7
2009	£261,375	£2,118	4
2008	£220,334	£2,477	3
2007	£266,207	£2,338	7
2006	£231,883	£2,018	9
2005	£247,304	£1,961	13
2004	£206,875	£1,882	4
2003	£174,720	£1,747	8
2002	£155,039	£1,301	11
2001	£105,791	£944	11
2000	£134,000	£918	1
1999	£115,188	£940	8
1998	£88,000	£919	5
1997	£80,672	£961	15
1996	£73,969	£651	8
1995	£71,838	£618	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£565,762		4
2023	£505,500	£4,256	14
2022	£521,156	£4,584	8
2021	£531,969	£3,879	16
2020	£496,600	£3,182	10
2019	£474,772	£4,018	9
2018	£442,050	£3,314	10
2017	£510,283	£3,195	10
2016	£421,727	£2,928	11
2015	£385,996	£2,570	14
2014	£363,412	£2,538	17
2013	£352,875	£2,285	12
2012	£279,666	£2,152	3
2011	£306,606	£2,684	9
2010	£302,083	£1,951	6
2009	£318,200	£2,527	5
2008	£339,250	£2,566	4
2007	£347,464	£2,600	14
2006	£316,297	£2,120	16
2005	£309,499	£2,761	4
2004	£259,765	£1,587	13
2003	£351,900	£1,744	5
2002	£218,167	£1,322	12
2001	£209,437	£1,282	8
2000	£187,500	£1,222	10
1999	£147,329	£1,132	12
1998	£128,635	£1,040	10
1997	£118,955	£969	11
1996	£111,111	£758	9
1995	£112,844	£769	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,000		1
2023	£377,500	£4,000	2
2022	£364,400	£4,282	5
2021	£310,000	£3,218	3
2020	£290,000	£3,554	2
2019	£281,400	£3,002	5
2018	£298,000	£6,757	1
2017	£297,500	£3,450	2
2016	£105,000	£1,010	1
2015	£232,071	£2,551	7
2014	£237,500	£3,061	4
2013	£193,562	£2,162	4
2012	£230,250	£2,369	2
2011	£165,000	£1,772	1
2010	£275,000	£2,696	1
2009	£175,000	£1,683	1
2008	£200,000	£2,381	1
2007	£181,143	£2,089	7
2006	£205,000	£2,176	5
2005	£218,833	£2,134	3
2004	£206,167	£2,480	3
2003	£174,000	£2,012	2
2002	£122,475	£1,287	2
2001	£99,374	£1,015	8
2000	£100,000	£1,099	1
1999	£83,438	£846	4
1998	£76,200	£929	1
1997	£80,488		4
1996	£76,000	£896	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£391,050		2
2022	£84,800		2
2021	£419,000	£4,320	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£419,000	£4,320	1

House Type in B45 8PN area

The most common house types in the B45 8PN postcode area are Detached (107), Semi-detached (35), and Terraced (1).

Total	143
Detached	107
Semi-detached	35
Terraced	1
Flat	0
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 (83), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright	83
Owned: Owns with a mortgage or loan	54
Private rented: Private landlord or letting agency	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B45 8PN have 2 people in household (65), and 4 people in household (30).

2 people in household	65
4 people in household	30
3 people in household	22
1 person in household	18
5 people in household	4
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0