Housing Market Analysis for DRAKES CLOSE, B47 5JX

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £261,033 median price is £249,850 Standard Deviation is £28,670 with Total Sold: 6
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ROSE COTTAGE, 4 DRAKES CLOSE: £325,000 (Sold on 01 Jun 2021)
    • The first recorded sale happened at this postcode is 2 DRAKES CLOSE: £249,700 (Sold on 17 Mar 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average B47 5JX 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£325,0001
2005£248,240 £2,273 5

All the Sales in the DRAKES CLOSE, B47 5JX

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

AddressSold DatePrice% Change
ROSE COTTAGE, 4 DRAKES CLOSEDetached, Freehold01 Jun 2021£325,000First Sale
3 DRAKES CLOSEDetached, Freehold03 Aug 2005£246,500First Sale
1 DRAKES CLOSEDetached, Freehold28 Jul 2005£245,000First Sale
5 DRAKES CLOSEDetached, Freehold28 Jul 2005£250,000First Sale
4 DRAKES CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 2003-200601 Jul 2005£250,000First Sale
2 DRAKES CLOSEDetached, Freehold17 Mar 2005£249,700First Sale

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

DRAKES CLOSE, B47 5JX Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £172,536 median price is £162,250 Standard Deviation is £81,454 with Total Sold: 356
    • The Last 5 Year average price is £265,071 with Total Sold: 69
    • 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 £174,483 median price is £165,000 Standard Deviation is £90,898 with Total Sold: 241
    • The Last 5 Year average price is £319,076 with Total Sold: 38
    • 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 , 2 WOODRUSH DRIVE: £44,275 (Sold on 24 Mar 1995)
  • Detached
    • The average price is around £255,702 median price is £249,950 Standard Deviation is £127,111 with Total Sold: 252
    • The Last 5 Year average price is £408,799 with Total Sold: 46
    • The most recent sale happened at this postcode is , 6 CHESTERWOOD: £380,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 34 BEAUDESERT ROAD: £80,000 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £222,625 median price is £280,000 Standard Deviation is £136,009 with Total Sold: 8
    • The Last 5 Year average price is £177,750 with Total Sold: 4
    • 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 BATEMANS LANE: £120,000 (Sold on 02 Dec 2015)
  • Flat
    • The average price is around £122,126 median price is £111,500 Standard Deviation is £46,715 with Total Sold: 81
    • The Last 5 Year average price is £174,727 with Total Sold: 13
    • The most recent sale happened at this postcode is 22, SILVERMEAD COURT SILVER STREET: £230,000 (Sold on 24 Jul 2023)
    • 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£299,000 £3,501 10
2022£280,286 £3,305 14
2021£272,733 £3,449 15
2020£213,458 £3,096 12
2019£237,218 £3,244 11
2018£233,782 £2,788 14
2017£241,000 £2,772 6
2016£185,809 £2,852 11
2015£186,500 £2,345 10
2014£196,121 £2,271 14
2013£176,711 £2,052 14
2012£180,611 £2,058 9
2011£197,846 £2,188 13
2010£177,767 £2,052 9
2009£184,028 £2,045 9
2008£173,333 £2,317 9
2007£183,525 £2,245 14
2006£177,256 £2,475 12
2005£162,984 £1,907 16
2004£176,627 £2,192 15
2003£153,591 £1,889 11
2002£120,895 £1,473 20
2001£103,168 £1,293 14
2000£90,936 £1,224 11
1999£80,130 £1,088 11
1998£67,871 £816 12
1997£66,800 £962 11
1996£58,072 £861 13
1995£64,522 £818 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,2504
2023£393,333 £3,901 3
2022£354,000 £4,153 7
2021£315,409 £3,039 11
2020£311,590 £2,959 5
2019£274,306 £2,970 8
2018£256,833 £3,002 6
2017£236,150 £2,414 3
2016£174,975 £2,067 2
2015£226,817 £2,919 6
2014£245,000 £2,149 1
2013£195,955 £2,014 11
2012£186,000 £2,131 7
2011£201,500 £2,209 7
2010£179,167 £2,255 6
2009£181,285 £2,003 7
2008£198,500 £2,330 2
2007£170,308 £1,915 13
2006£183,212 £2,274 17
2005£190,450 £2,194 11
2004£163,893 £2,110 8
2003£146,556 £2,069 9
2002£131,431 £1,484 19
2001£103,431 £1,320 8
2000£99,878 £1,234 9
1999£102,188 £1,118 13
1998£59,200 £1,003 3
1997£72,058 £953 20
1996£62,000 £1,054 8
1995£55,818 £667 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,0001
2023£372,538 £3,711 13
2022£475,889 £4,378 9
2021£430,986 £3,632 13
2020£417,738 £3,291 4
2019£337,500 £3,580 6
2018£378,650 £3,324 10
2017£332,279 £2,787 7
2016£305,057 £3,004 14
2015£318,464 £2,853 7
2014£317,300 £2,635 5
2013£272,750 £2,713 8
2012£245,500 £2,442 5
2011£258,917 £2,341 3
2010£244,380 £2,846 5
2009£168,900 £1,977 3
2008£220,0001
2007£327,738 £2,535 8
2006£262,125 £2,385 12
2005£242,103 £2,044 15
2004£260,111 £2,634 9
2003£232,929 £2,010 7
2002£182,465 £1,751 17
2001£174,775 £1,392 16
2000£139,217 £1,311 9
1999£123,300 £1,245 8
1998£116,944 £1,265 9
1997£102,397 £878 15
1996£89,283 £832 6
1995£95,136 £973 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£330,500 £4,472 2
2022£7,500 £123 1
2019£42,500 £409 1
2018£316,667 £3,141 3
2015£120,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £2,421 1
2022£157,500 £3,197 3
2021£172,317 £2,145 3
2020£164,833 £2,694 3
2019£185,833 £2,215 3
2018£140,000 £2,545 1
2017£168,750 £2,916 2
2016£127,000 £1,366 1
2015£93,167 £1,577 3
2014£211,500 £1,679 1
2013£150,817 £2,704 3
2012£111,500 £2,300 1
2011£124,000 £1,504 1
2010£183,000 £1,802 1
2009£160,500 £2,292 2
2008£99,000 £1,597 1
2007£152,000 £2,764 1
2006£135,650 £2,524 3
2005£210,000 £2,471 1
2004£119,200 £1,802 3
2003£149,950 £1,648 1
2002£109,562 £1,343 13
2001£91,903 £1,396 19
2000£83,970 £1,579 5
1999£77,250 £1,024 4
1997£58,500 £1,064 1

House Type in B47 5JX area

The most common house types in the B47 5JX postcode area are Detached (73), Semi-detached (56), and Terraced (27).

Total168
Detached73
Semi-detached56
Terraced27
Flat6
converted building5
commercial building1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (99), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright99
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency11
Private rented: Other private rented8
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B47 5JX have 1 person in household (61), and 2 people in household (60).

1 person in household61
2 people in household60
3 people in household21
4 people in household20
5 people in household2
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0