Housing Market Analysis for MAY LANE, B47 5NT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £179,515 median price is £174,975 Standard Deviation is £73,560 with Total Sold: 10
    • The Last 5 Year average price is £239,988 with Total Sold: 4
    • The most recent sale happened at this postcode is 16 MAY LANE: £240,000 (Sold on 13 Oct 2022)
    • The first recorded sale happened at this postcode is 16 MAY LANE: £42,250 (Sold on 30 Nov 1995)
  • Semi-Detached
    • The average price is around £153,500 median price is £153,500 Standard Deviation is £81,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 22 MAY LANE: £235,000 (Sold on 26 Jan 2018)
    • The first recorded sale happened at this postcode is 22 MAY LANE: £72,000 (Sold on 17 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B47 5NT 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£240,000 £3,582 1
2021£277,475 £3,066 2
2019£165,000 £1,873 1
2016£230,000 £2,473 1
2007£184,9501
2005£147,0001
2003£129,0001
2002£102,0001
1995£42,250 £631 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£235,000 £3,310 1
1998£72,000 £1,014 1

All the Sales in the MAY LANE, B47 5NT

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

AddressSold DatePrice% Change
16 MAY LANETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-197513 Oct 2022£240,000468.05%
30 Nov 1995£42,250First Sale
28 MAY LANETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-196627 Sep 2021£279,95021.72%
31 Mar 2016£230,000First Sale
14 MAY LANETerraced, FreeholdArea: 88.08 Sq.mtrAge: 1967-197526 Feb 2021£275,00066.67%
16 Dec 2019£165,000First Sale
22 MAY LANESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1967-197526 Jan 2018£235,000226.39%
17 Aug 1998£72,000First Sale
20 MAY LANETerraced, Freehold30 Nov 2007£184,95025.82%
12 Dec 2005£147,000First Sale
10 MAY LANETerraced, Freehold21 Mar 2003£129,00026.47%
31 May 2002£102,000First Sale

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

MAY LANE, B47 5NT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £251,822 median price is £249,999 Standard Deviation is £116,351 with Total Sold: 399
    • The Last 5 Year average price is £384,444 with Total Sold: 84
    • The most recent sale happened at this postcode is , 17 SHAWHURST CROFT: £357,000 (Sold on 27 Sep 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 £178,739 median price is £175,750 Standard Deviation is £82,669 with Total Sold: 320
    • The Last 5 Year average price is £284,428 with Total Sold: 58
    • 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 £212,861 median price is £214,500 Standard Deviation is £92,091 with Total Sold: 604
    • The Last 5 Year average price is £327,818 with Total Sold: 129
    • 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 , 16 EASTON GROVE: £48,750 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £93,950 median price is £96,500 Standard Deviation is £31,018 with Total Sold: 54
    • The Last 5 Year average price is £133,000 with Total Sold: 6
    • The most recent sale happened at this postcode is 52, POPLAR TREES MAY FARM CLOSE: £150,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is 19, LABURNUM TREES MAY FARM CLOSE: £38,500 (Sold on 28 Sep 1995)
  • Other
    • The average price is around £244,689 median price is £260,000 Standard Deviation is £130,862 with Total Sold: 11
    • The Last 5 Year average price is £241,190 with Total Sold: 5
    • 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 , THE STABLE PACKHORSE LANE: £15,000 (Sold on 19 Aug 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£438,6676
2023£387,623 £3,950 17
2022£393,421 £4,307 14
2021£420,725 £3,701 22
2020£347,877 £3,294 13
2019£315,454 £3,396 12
2018£351,950 £2,774 10
2017£318,108 £2,983 13
2016£298,881 £2,985 18
2015£291,410 £2,939 21
2014£277,679 £2,648 14
2013£238,929 £2,762 7
2012£241,111 £2,466 9
2011£233,225 £2,065 8
2010£248,494 £2,833 8
2009£285,217 £2,290 9
2008£274,286 £2,532 7
2007£260,390 £2,580 15
2006£261,812 £2,379 8
2005£277,787 £2,251 12
2004£244,134 £2,298 17
2003£199,950 £1,553 11
2002£180,062 £1,944 28
2001£154,502 £1,647 26
2000£119,290 £1,082 5
1999£125,988 £2,101 8
1998£123,204 £1,267 22
1997£110,176 £943 19
1996£99,400 £756 10
1995£81,395 £841 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£308,286 £3,663 7
2023£297,438 £3,717 8
2022£321,955 £3,593 11
2021£276,530 £3,423 15
2020£276,583 £3,322 6
2019£237,309 £2,828 11
2018£263,850 £2,826 7
2017£261,475 £3,140 6
2016£219,981 £2,656 8
2015£222,192 £2,701 13
2014£198,162 £2,618 12
2013£186,925 £2,213 14
2012£180,333 £2,276 6
2011£217,429 £2,020 7
2010£188,325 £1,902 6
2009£175,111 £1,938 9
2008£175,406 £2,601 8
2007£184,019 £2,247 18
2006£178,168 £1,998 11
2005£151,394 £1,825 16
2004£193,423 £2,155 13
2003£176,900 £2,140 10
2002£122,447 £1,480 18
2001£113,783 £1,368 12
2000£91,843 £1,137 7
1999£91,244 £1,110 12
1998£82,071 £929 14
1997£76,892 £901 13
1996£67,862 £845 13
1995£67,906 £803 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£358,6676
2023£362,934 £4,084 19
2022£358,563 £3,940 15
2021£332,864 £3,519 33
2020£308,050 £3,307 28
2019£294,730 £3,224 28
2018£290,943 £3,400 21
2017£272,980 £2,903 20
2016£253,331 £2,834 16
2015£247,646 £2,684 18
2014£238,609 £2,477 19
2013£216,408 £2,104 24
2012£203,677 £2,472 22
2011£211,119 £2,304 16
2010£203,434 £2,173 16
2009£188,668 £2,097 25
2008£221,722 £2,326 9
2007£208,315 £2,453 27
2006£199,005 £2,339 29
2005£217,861 £2,118 22
2004£194,822 £1,916 27
2003£156,197 £1,826 17
2002£148,681 £1,428 31
2001£118,145 £1,265 10
2000£103,781 £1,119 19
1999£92,423 £941 15
1998£79,982 £1,184 17
1997£75,708 £845 25
1996£71,285 £912 16
1995£71,427 £686 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£150,000 £2,027 1
2021£125,000 £2,016 1
2020£120,000 £2,034 1
2019£126,500 £1,889 2
2018£115,000 £2,130 1
2017£117,250 £1,731 4
2016£108,000 £1,768 3
2015£76,500 £1,233 3
2014£96,000 £1,428 2
2013£107,475 £1,564 2
2008£99,000 £1,597 1
2007£124,080 £1,818 5
2006£98,488 £1,493 4
2005£79,000 £1,150 2
2004£97,000 £1,790 3
2003£89,250 £1,497 6
2002£42,333 £680 3
2001£63,000 £1,068 1
2000£74,875 £760 4
1999£42,000 £699 2
1996£21,000 £414 1
1995£38,500 £642 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£330,500 £4,472 2
2021£105,000 £1,438 1
2019£219,975 £2,079 2
2018£276,000 £2,994 3
2017£404,5001
2016£126,562 £1,704 2

House Type in B47 5NT area

The most common house types in the B47 5NT postcode area are Flat (43), Terraced (33), and Semi-detached (18).

Total96
Flat43
Terraced33
Semi-detached18
Detached1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (21), and Social rented: Rents from council or Local Authority (20).

Social rented: Other social rented21
Social rented: Rents from council or Local Authority20
Owned: Owns outright18
Owned: Owns with a mortgage or loan18
Private rented: Private landlord or letting agency12
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B47 5NT have 2 people in household (40), and 1 person in household (29).

2 people in household40
1 person in household29
3 people in household19
4 people in household6
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0