Housing Market Analysis for THE CLOSE, B47 5JA

Are you looking to understand B47 5JA 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 B47 5JA area, explore the B47 5JA Area information page.
For comprehensive crime statistics in the B47 5JA area, explore the B47 5JA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B47 5JA postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £206,250 median price is £202,500 Standard Deviation is £48,396 with Total Sold: 4
    • The Last 5 Year average price is £252,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 THE CLOSE: £270,000 (Sold on 23 Jun 2022)
    • The first recorded sale happened at this postcode is 8 THE CLOSE: £150,000 (Sold on 26 Oct 2007)
  • Semi-Detached
    • The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 THE CLOSE: £60,000 (Sold on 14 Aug 1998)
    • The first recorded sale happened at this postcode is 7 THE CLOSE: £60,000 (Sold on 14 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B47 5JA 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
2022£270,000 £3,649 1
2021£235,000 £3,176 1
2016£170,000 £2,297 1
2007£150,000 £2,027 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£60,000 £690 1

All the Sales in the THE CLOSE, B47 5JA

See the table below for more details on the sold house prices in the B47 5JA, Bromsgrove postcode.

AddressSold DatePrice% Change
8 THE CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196623 Jun 2022£270,00014.89%
18 Jun 2021£235,00038.24%
30 Nov 2016£170,00013.33%
26 Oct 2007£150,000First Sale
7 THE CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196614 Aug 1998£60,000First Sale

Check out the sold house prices near the B47 5JA postcode. Properties currently for saleProperties currently for rent

THE CLOSE, B47 5JA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B47 5JA 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 B47 5JA postcode.

  • Terraced
    • The average price is around £167,768 median price is £160,000 Standard Deviation is £81,354 with Total Sold: 400
    • The Last 5 Year average price is £266,776 with Total Sold: 70
    • The most recent sale happened at this postcode is , 8 MYNORS CRESCENT: £435,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 PADDOCKS ROAD: £71,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £166,362 median price is £157,500 Standard Deviation is £88,281 with Total Sold: 335
    • The Last 5 Year average price is £311,203 with Total Sold: 46
    • The most recent sale happened at this postcode is , 31 THE HURST: £435,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , WILLOW END HOUNDSFIELD LANE: £116,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £263,830 median price is £245,000 Standard Deviation is £139,139 with Total Sold: 405
    • The Last 5 Year average price is £448,664 with Total Sold: 61
    • The most recent sale happened at this postcode is , 47 SYCAMORE DRIVE: £662,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 55 SYCAMORE DRIVE: £161,000 (Sold on 23 Jun 1995)
  • Other
    • The average price is around £220,833 median price is £280,000 Standard Deviation is £144,097 with Total Sold: 6
    • The Last 5 Year average price is £125,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 81 OAKWOOD ROAD: £325,000 (Sold on 18 Oct 2023)
    • The first recorded sale happened at this postcode is , 2 FALSTAFF AVENUE: £260,000 (Sold on 14 Aug 2018)
  • Flat
    • The average price is around £106,430 median price is £85,000 Standard Deviation is £64,951 with Total Sold: 23
    • The Last 5 Year average price is £140,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 26 SHAWFIELD: £125,000 (Sold on 29 Oct 2021)
    • The first recorded sale happened at this postcode is , 17 LABURNUM CLOSE: £58,500 (Sold on 28 Feb 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,000 £3,663 7
2023£288,000 £3,673 10
2022£272,269 £3,287 13
2021£282,703 £3,363 17
2020£228,417 £2,938 12
2019£235,809 £3,142 11
2018£239,493 £2,814 14
2017£264,767 £3,193 9
2016£194,544 £2,598 9
2015£197,688 £2,461 13
2014£185,896 £2,522 13
2013£178,797 £2,118 15
2012£187,537 £2,365 12
2011£193,542 £2,109 12
2010£178,388 £2,278 12
2009£169,278 £2,147 9
2008£156,000 £2,317 7
2007£167,096 £2,360 14
2006£185,839 £2,474 12
2005£164,912 £1,984 20
2004£169,153 £2,330 16
2003£149,062 £1,932 16
2002£120,340 £1,615 26
2001£105,823 £1,260 15
2000£92,400 £1,357 15
1999£77,573 £1,193 16
1998£72,700 £911 14
1997£67,214 £948 14
1996£61,334 £881 16
1995£64,155 £872 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,2005
2023£425,167 £3,510 3
2022£355,375 £4,152 8
2021£296,433 £3,190 15
2020£298,271 £2,923 7
2019£272,056 £2,973 8
2018£258,312 £3,200 8
2017£221,380 £3,039 5
2016£237,290 £2,563 5
2015£220,565 £2,987 13
2014£206,207 £2,935 7
2013£193,550 £1,962 10
2012£181,750 £2,344 8
2011£183,764 £2,322 11
2010£191,091 £2,276 11
2009£183,000 £1,958 8
2008£152,000 £1,877 1
2007£174,524 £2,193 17
2006£177,880 £2,243 15
2005£186,954 £2,094 13
2004£163,435 £2,145 14
2003£155,322 £2,232 9
2002£127,152 £1,409 18
2001£111,311 £1,488 14
2000£103,671 £1,360 19
1999£97,527 £1,084 15
1998£70,009 £1,161 11
1997£70,536 £945 25
1996£63,231 £962 18
1995£65,255 £754 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£493,700 £4,421 5
2023£401,438 £3,734 16
2022£470,444 £4,303 9
2021£471,145 £3,711 16
2020£460,106 £3,484 9
2019£427,292 £3,040 6
2018£429,889 £3,277 9
2017£336,988 £2,759 8
2016£336,772 £3,007 16
2015£346,409 £3,071 11
2014£328,357 £2,602 7
2013£302,923 £2,564 13
2012£293,071 £2,454 7
2011£299,821 £2,491 7
2010£283,738 £2,655 8
2009£231,713 £1,970 8
2008£384,983 £2,718 3
2007£372,258 £2,432 13
2006£267,464 £2,457 14
2005£245,850 £2,278 20
2004£269,389 £2,340 19
2003£264,684 £2,026 16
2002£202,548 £1,810 28
2001£185,973 £1,457 22
2000£152,808 £1,508 19
1999£146,948 £1,256 28
1998£136,032 £1,177 22
1997£122,706 £919 24
1996£116,036 £937 14
1995£107,056 £966 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£325,000 £3,611 1
2022£7,500 £123 1
2019£42,500 £409 1
2018£316,667 £3,141 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£125,000 £2,016 1
2019£155,000 £3,039 1
2017£200,0001
2016£238,475 £2,204 2
2015£73,500 £1,161 2
2013£120,000 £2,353 1
2008£99,000 £1,597 1
2006£79,950 £1,290 1
2004£162,000 £2,132 1
2002£73,375 £1,045 4
2000£78,000 £768 2
1999£77,250 £1,024 4
1998£66,000 £574 1
1997£58,500 £1,064 1

House Type in B47 5JA area

The most common house types in the B47 5JA postcode area are Terraced (54), Semi-detached (48), and Detached (25).

Total131
Terraced54
Semi-detached48
Detached25
Flat4
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 outright (46), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright46
Owned: Owns with a mortgage or loan43
Social rented: Other social rented21
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority7
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B47 5JA have 1 person in household (38), and 2 people in household (37).

1 person in household38
2 people in household37
4 people in household24
3 people in household21
5 people in household5
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0