Housing Market Analysis for MILL CLOSE, B47 5LA

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £278,750 median price is £260,000 Standard Deviation is £58,883 with Total Sold: 4
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9A MILL CLOSE: £375,000 (Sold on 19 May 2023)
    • The first recorded sale happened at this postcode is 11 MILL CLOSE: £245,000 (Sold on 08 Nov 2002)
  • Detached
    • The average price is around £167,632 median price is £117,500 Standard Deviation is £90,549 with Total Sold: 11
    • The Last 5 Year average price is £357,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 MILL CLOSE: £357,000 (Sold on 30 May 2022)
    • The first recorded sale happened at this postcode is 6 MILL CLOSE: £89,000 (Sold on 19 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B47 5LA 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£375,000 £5,000 1
2010£220,000 £2,933 1
2007£275,000 £3,667 1
2002£245,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£357,000 £4,890 1
2010£225,000 £3,343 1
2005£269,9501
2004£250,0001
2002£172,5001
2001£59,0001
1998£108,167 £1,349 3
1997£97,0001
1996£89,0001

All the Sales in the MILL CLOSE, B47 5LA

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

AddressSold DatePrice% Change
9A MILL CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 2003-200619 May 2023£375,00070.45%
05 Jan 2010£220,000-20.00%
06 Sep 2007£275,000First Sale
4 MILL CLOSEDetached, FreeholdArea: 73 Sq.mtrAge: 1967-197530 May 2022£357,000262.44%
30 Jan 1998£98,500First Sale
2 MILL CLOSEDetached, FreeholdArea: 67.3 Sq.mtrAge: 1967-197519 Feb 2010£225,000First Sale
9 MILL CLOSEDetached, Freehold24 Aug 2005£269,950178.30%
09 May 1997£97,000First Sale
8 MILL CLOSEDetached, Freehold23 Jul 2004£250,000First Sale
11 MILL CLOSESemi-Detached, Freehold08 Nov 2002£245,000First Sale
6 MILL CLOSEDetached, Freehold20 Aug 2002£172,50058.99%
30 Oct 1998£108,50021.91%
19 Aug 1996£89,000First Sale
1 MILL CLOSEDetached, Leasehold19 Jan 2001£59,000First Sale
5 MILL CLOSEDetached, Freehold16 Dec 1998£117,500First Sale

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

MILL CLOSE, B47 5LA Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £215,460 median price is £215,000 Standard Deviation is £92,367 with Total Sold: 706
    • The Last 5 Year average price is £331,565 with Total Sold: 148
    • The most recent sale happened at this postcode is , 8 CORBETT ROAD: £425,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 EASTON GROVE: £48,750 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £261,596 median price is £250,000 Standard Deviation is £130,534 with Total Sold: 504
    • The Last 5 Year average price is £409,966 with Total Sold: 93
    • The most recent sale happened at this postcode is , 19 HOLLYWOOD LANE: £495,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 125A ALCESTER ROAD: £80,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £189,629 median price is £190,000 Standard Deviation is £84,595 with Total Sold: 226
    • The Last 5 Year average price is £295,987 with Total Sold: 41
    • The most recent sale happened at this postcode is , 1 THE HURST: £320,000 (Sold on 14 Feb 2024)
    • The first recorded sale happened at this postcode is , 71 OAKWOOD ROAD: £61,500 (Sold on 18 May 1995)
  • Other
    • The average price is around £316,898 median price is £330,500 Standard Deviation is £201,610 with Total Sold: 14
    • The Last 5 Year average price is £259,325 with Total Sold: 6
    • 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 , GAY HILL GOLF CLUB HOLLYWOOD LANE: £825,000 (Sold on 22 Nov 2013)
  • Flat
    • The average price is around £93,722 median price is £99,000 Standard Deviation is £28,258 with Total Sold: 38
    • The Last 5 Year average price is £122,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 22, LABURNUM TREES MAY FARM CLOSE: £120,000 (Sold on 07 Feb 2020)
    • The first recorded sale happened at this postcode is 19, LABURNUM TREES MAY FARM CLOSE: £38,500 (Sold on 28 Sep 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,667 £4,011 6
2023£369,560 £4,106 21
2022£362,622 £3,834 20
2021£342,764 £3,547 36
2020£305,794 £3,287 32
2019£298,953 £3,255 33
2018£287,367 £3,358 24
2017£271,252 £2,874 28
2016£260,069 £2,899 18
2015£251,945 £2,552 25
2014£243,981 £2,498 26
2013£220,700 £2,128 24
2012£202,965 £2,384 24
2011£213,863 £2,302 19
2010£207,833 £2,197 18
2009£189,077 £2,072 28
2008£226,454 £2,103 11
2007£215,565 £2,465 31
2006£208,131 £2,414 29
2005£215,959 £2,145 28
2004£194,484 £2,045 33
2003£175,825 £1,903 18
2002£143,670 £1,388 38
2001£119,757 £1,195 15
2000£101,786 £1,131 22
1999£89,550 £912 12
1998£83,082 £1,046 25
1997£73,600 £877 27
1996£70,270 £869 17
1995£71,888 £683 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£420,6254
2023£435,678 £3,866 16
2022£392,160 £4,152 15
2021£454,059 £3,674 29
2020£355,097 £3,493 15
2019£364,068 £3,382 14
2018£367,650 £2,700 13
2017£336,328 £3,150 18
2016£328,471 £3,045 19
2015£294,641 £3,063 22
2014£295,662 £2,589 19
2013£257,364 £2,583 11
2012£270,500 £2,493 10
2011£258,400 £2,088 12
2010£268,552 £2,561 10
2009£300,038 £2,174 12
2008£294,375 £2,439 8
2007£271,355 £2,463 20
2006£281,829 £2,414 12
2005£300,753 £2,195 16
2004£283,420 £2,299 28
2003£213,497 £1,718 17
2002£190,881 £1,897 32
2001£150,912 £1,698 28
2000£140,645 £964 10
1999£127,342 £1,273 13
1998£123,543 £1,250 23
1997£108,119 £983 32
1996£97,300 £756 15
1995£83,909 £830 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,0001
2023£364,762 £4,176 4
2022£356,812 £3,906 8
2021£282,197 £3,490 15
2020£275,900 £3,335 5
2019£236,181 £2,879 8
2018£255,983 £3,247 3
2017£265,975 £3,254 6
2016£245,767 £2,524 9
2015£242,444 £2,886 9
2014£194,369 £2,793 8
2013£198,875 £2,186 8
2012£189,600 £2,316 5
2011£198,167 £2,341 3
2010£245,000 £2,241 2
2009£155,375 £1,934 8
2008£187,750 £2,928 5
2007£204,989 £2,496 14
2006£205,482 £2,180 11
2005£172,944 £1,920 9
2004£197,538 £2,403 13
2003£179,857 £2,616 7
2002£116,567 £1,383 12
2001£109,908 £1,329 12
2000£102,000 £1,333 3
1999£95,929 £1,284 7
1998£86,445 £980 10
1997£79,600 £1,003 9
1996£69,219 £926 8
1995£64,862 £715 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£330,500 £4,472 2
2021£105,000 £1,438 1
2020£350,0001
2019£219,975 £2,079 2
2018£349,500 £2,899 4
2017£404,5001
2016£126,562 £1,704 2
2013£825,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£120,000 £2,034 1
2019£125,000 £2,049 1
2018£115,000 £2,130 1
2017£117,250 £1,731 4
2016£108,000 £1,768 3
2015£82,500 £1,375 1
2014£96,000 £1,428 2
2007£122,612 £1,833 4
2006£104,667 £1,561 3
2005£79,000 £1,150 2
2004£98,000 £1,866 2
2003£89,250 £1,497 6
2001£63,000 £1,068 1
2000£77,833 £856 3
1999£42,000 £699 2
1996£21,000 £414 1
1995£38,500 £642 1

House Type in B47 5LA area

The most common house types in the B47 5LA postcode area are Detached (65), Semi-detached (38), and Terraced (25).

Total128
Detached65
Semi-detached38
Terraced25
Flat0
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 (63), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright63
Owned: Owns with a mortgage or loan29
Social rented: Other social rented22
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B47 5LA have 2 people in household (56), and 1 person in household (35).

2 people in household56
1 person in household35
3 people in household16
4 people in household13
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0