Housing Market Analysis for OAK TREE LANE, B47 5RH

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

Overview of Sold House prices

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

Detached
- The average price is around £403,569 median price is £400,000 Standard Deviation is £155,494 with Total Sold: 27
- The Last 5 Year average price is £602,786 with Total Sold: 7
- The most recent sale happened at this postcode is 19 OAK TREE LANE: £593,000 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is 19 OAK TREE LANE: £674,000 (Sold on 02 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average B47 5RH 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
2024	£633,500	£3,468	2
2023	£615,000	£3,467	3
2020	£553,750	£3,646	2
2017	£601,000	£3,388	1
2015	£447,500	£2,724	2
2012	£387,500	£2,982	2
2011	£440,000	£2,109	1
2008	£400,000	£2,454	1
2007	£407,500		1
2005	£410,000		1
2004	£321,250	£2,434	1
2003	£347,050	£1,883	2
2001	£264,833	£1,752	3
2000	£215,000	£1,319	1
1999	£232,500	£1,292	1
1997	£190,000		1
1996	£136,000		1
1995	£165,000		1

All the Sales in the OAK TREE LANE, B47 5RH

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

Address	Sold Date	Price	% Change
19 OAK TREE LANEDetached, FreeholdArea: 171 Sq.mtrAge: 1996-2002	26 Mar 2024	£593,000	84.16%
	28 Nov 2003	£322,000	-52.23%
	02 May 2024	£674,000	First Sale
1 OAK TREE LANEDetached, FreeholdArea: 177.4 Sq.mtrAge: 1983-1990	07 Mar 2023	£615,000	0.0
	07 Mar 2023	£615,000	0.0
	07 Mar 2023	£615,000	2.33%
	21 Jul 2017	£601,000	83.23%
	13 Dec 2001	£328,000	First Sale
17 OAK TREE LANEDetached, FreeholdArea: 163 Sq.mtrAge: 1991-1995	02 Dec 2020	£587,500	46.88%
	28 Nov 2008	£400,000	86.05%
	25 May 2000	£215,000	First Sale
8 OAK TREE LANEDetached, FreeholdArea: 141 Sq.mtrAge: 1991-1995	21 Feb 2020	£520,000	First Sale
6 OAK TREE LANEDetached, FreeholdArea: 151 Sq.mtrAge: 1983-1990	18 Jun 2015	£445,000	First Sale
4 OAK TREE LANEDetached, FreeholdArea: 180 Sq.mtrAge: 1991-1995	27 Feb 2015	£450,000	93.55%
	03 Dec 1999	£232,500	First Sale
7 OAK TREE LANEDetached, FreeholdArea: 128 Sq.mtrAge: 1983-1990	07 Dec 2012	£390,000	First Sale
9 OAK TREE LANEDetached, FreeholdArea: 132 Sq.mtrAge: 1991-1995	17 Aug 2012	£385,000	19.84%
	31 Mar 2004	£321,250	47.03%
	09 Jan 2001	£218,500	First Sale
2 OAK TREE LANEDetached, FreeholdArea: 208.62 Sq.mtrAge: 1983-1990	23 Sep 2011	£440,000	First Sale
11 OAK TREE LANEDetached, Freehold	02 Apr 2007	£407,500	First Sale
12 OAK TREE LANEDetached, Freehold	12 Dec 2005	£410,000	148.48%
12 OAK TREE LANEDetached, Freehold	17 Oct 1995	£165,000	First Sale
3 OAK TREE LANEDetached, Freehold	01 Aug 2003	£372,100	First Sale
10 OAK TREE LANEDetached, Freehold	12 Oct 2001	£248,000	82.35%
10 OAK TREE LANEDetached, Freehold	11 Oct 1996	£136,000	First Sale
5 OAK TREE LANEDetached, Freehold	24 Jul 1997	£190,000	First Sale

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

OAK TREE LANE, B47 5RH Near By properties

Interactive Map

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

Detached
- The average price is around £286,088 median price is £250,000 Standard Deviation is £150,833 with Total Sold: 587
- The Last 5 Year average price is £522,229 with Total Sold: 71
- The most recent sale happened at this postcode is , 37 HAWTHORN DRIVE: £695,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 6 ALDER CLOSE: £190,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £186,787 median price is £180,000 Standard Deviation is £93,032 with Total Sold: 400
- The Last 5 Year average price is £318,661 with Total Sold: 54
- The most recent sale happened at this postcode is , 16 LIME CLOSE: £440,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 16 EASTON GROVE: £48,750 (Sold on 06 Jan 1995)
Terraced
- The average price is around £183,274 median price is £175,000 Standard Deviation is £85,240 with Total Sold: 309
- The Last 5 Year average price is £300,513 with Total Sold: 40
- The most recent sale happened at this postcode is , 17 LIME CLOSE: £256,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 21 SILVER BIRCH DRIVE: £90,000 (Sold on 29 Mar 1995)
Flat
- The average price is around £136,646 median price is £137,949 Standard Deviation is £47,761 with Total Sold: 59
- The Last 5 Year average price is £163,000 with Total Sold: 9
- The most recent sale happened at this postcode is , 19 FOREST WAY: £150,000 (Sold on 31 Jul 2023)
- The first recorded sale happened at this postcode is , 27 MAYHURST ROAD: £64,000 (Sold on 06 Oct 1995)
Other
- The average price is around £306,400 median price is £257,500 Standard Deviation is £273,479 with Total Sold: 10
- The Last 5 Year average price is £354,375 with Total Sold: 8
- The most recent sale happened at this postcode is , 21 LIME CLOSE: £7,500 (Sold on 03 May 2022)
- The first recorded sale happened at this postcode is , 43 MAYHURST ROAD: £9,000 (Sold on 11 Oct 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£578,643	£4,103	7
2023	£530,250	£3,638	10
2022	£558,773	£3,935	11
2021	£495,024	£3,639	21
2020	£491,577	£3,691	13
2019	£532,528	£3,299	9
2018	£498,717	£3,206	9
2017	£482,621	£2,998	12
2016	£400,184	£2,971	16
2015	£349,455	£2,944	22
2014	£318,393	£2,718	14
2013	£341,462	£2,418	13
2012	£361,778	£2,615	9
2011	£341,097	£2,335	15
2010	£324,785	£2,417	10
2009	£300,773	£2,170	11
2008	£448,738	£2,586	4
2007	£362,293	£2,576	15
2006	£313,045	£2,475	22
2005	£295,410	£2,521	24
2004	£307,940	£2,645	37
2003	£266,527	£2,117	35
2002	£224,753	£1,916	33
2001	£197,393	£1,668	34
2000	£161,580	£1,478	28
1999	£161,407	£1,143	43
1998	£133,971	£1,074	36
1997	£144,215	£946	33
1996	£138,072	£901	29
1995	£129,333	£926	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,333		3
2023	£374,639	£4,208	9
2022	£365,750	£4,228	10
2021	£292,472	£3,730	18
2020	£276,723	£3,048	9
2019	£286,490	£3,216	5
2018	£293,204	£3,650	14
2017	£268,935	£3,180	13
2016	£270,167	£2,947	9
2015	£227,785	£3,120	17
2014	£223,696	£2,748	12
2013	£214,818	£2,384	11
2012	£191,145	£2,569	10
2011	£183,461	£2,363	9
2010	£212,615	£2,545	17
2009	£182,100	£2,187	5
2008	£172,500	£2,252	2
2007	£195,954	£2,627	13
2006	£209,903	£2,360	18
2005	£226,487	£2,307	20
2004	£195,248	£2,507	20
2003	£167,471	£2,670	17
2002	£130,336	£1,667	11
2001	£120,084	£1,642	16
2000	£105,121	£1,446	19
1999	£95,636	£1,037	18
1998	£78,611	£1,197	18
1997	£75,668	£1,134	25
1996	£64,221	£926	21
1995	£71,443	£828	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£253,000		2
2023	£327,850	£3,935	10
2022	£315,866	£3,658	7
2021	£312,217	£3,627	9
2020	£277,417	£2,894	6
2019	£258,417	£3,480	6
2018	£277,980	£3,000	5
2017	£285,712	£3,143	13
2016	£270,992	£3,216	6
2015	£229,681	£2,635	8
2014	£207,987	£2,759	14
2013	£194,457	£2,250	14
2012	£206,717	£2,568	9
2011	£189,167	£2,601	6
2010	£176,670	£2,752	10
2009	£169,750	£2,275	8
2008	£185,583	£2,283	6
2007	£186,992	£2,522	12
2006	£209,418	£2,362	20
2005	£193,774	£2,184	21
2004	£180,328	£2,285	15
2003	£162,871	£2,170	12
2002	£118,054	£1,649	12
2001	£108,375	£1,413	18
2000	£96,838	£1,305	8
1999	£83,202	£1,179	13
1998	£82,725	£945	12
1997	£69,338	£932	12
1996	£64,736	£888	9
1995	£63,950	£913	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£167,500	£2,516	2
2022	£179,500	£3,277	2
2021	£145,000	£2,900	1
2019	£157,000	£2,610	4
2018	£143,000	£2,860	1
2017	£166,250	£2,704	6
2016	£239,975	£2,769	2
2015	£129,000	£1,992	1
2014	£134,000	£3,102	1
2013	£114,975	£1,970	4
2010	£131,500	£2,030	1
2009	£122,000	£2,142	2
2008	£157,500	£2,658	2
2007	£129,950	£1,756	1
2006	£141,500	£2,964	4
2005	£162,345	£2,794	11
2004	£95,000	£1,638	1
2002	£93,100	£1,444	5
2000	£66,000	£569	1
1999	£72,000	£1,345	2
1998	£66,000	£574	1
1997	£58,500	£1,064	1
1996	£61,500		1
1995	£61,500	£753	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£7,500	£123	1
2021	£337,000	£2,304	5
2019	£571,250		2
2018	£220,000	£2,292	1
2016	£9,000		1

House Type in B47 5RH area

The most common house types in the B47 5RH postcode area are Detached (61), Semi-detached (46), and Terraced (41).

Total	159
Detached	61
Semi-detached	46
Terraced	41
Flat	5
Shared house	5
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (57).

Owned: Owns outright	74
Owned: Owns with a mortgage or loan	57
Private rented: Private landlord or letting agency	23
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B47 5RH have 2 people in household (66), and 1 person in household (47).

2 people in household	66
1 person in household	47
4 people in household	23
3 people in household	14
5 people in household	7
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0