Housing Market Analysis for THE DRIVE, B48 7AH

Are you looking to understand B48 7AH 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 B48 7AH area, explore the B48 7AH Area information page.
For comprehensive crime statistics in the B48 7AH area, explore the B48 7AH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B48 7AH postcode area, The average prices are as follows,

  • Detached
    • The average price is around £310,788 median price is £287,500 Standard Deviation is £151,465 with Total Sold: 12
    • The Last 5 Year average price is £580,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 THE DRIVE: £580,000 (Sold on 21 May 2021)
    • The first recorded sale happened at this postcode is 11 THE DRIVE: £167,500 (Sold on 01 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B48 7AH 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£580,000 £3,580 1
2016£456,000 £3,455 1
2015£439,000 £2,778 1
2014£443,500 £2,843 2
2004£360,0001
2002£115,000 £871 1
2001£215,0001
1999£167,4752
1997£171,250 £1,098 2

All the Sales in the THE DRIVE, B48 7AH

See the table below for more details on the sold house prices in the B48 7AH, Bromsgrove postcode.

AddressSold DatePrice% Change
1 THE DRIVEDetached, FreeholdArea: 162 Sq.mtrAge: 1930-194921 May 2021£580,000First Sale
4 THE DRIVEDetached, FreeholdArea: 132 Sq.mtrAge: 1930-194916 Dec 2016£456,000296.52%
17 Dec 2002£115,000First Sale
3 THE DRIVEDetached, FreeholdArea: 158 Sq.mtrAge: 1930-194920 Aug 2015£439,000First Sale
11 THE DRIVEDetached, FreeholdArea: 155 Sq.mtrAge: 1930-194918 Dec 2014£437,000160.90%
01 Aug 1997£167,500First Sale
12 THE DRIVEDetached, FreeholdArea: 157 Sq.mtrAge: 1930-194906 Nov 2014£450,000157.14%
30 Sep 1997£175,000First Sale
6 THE DRIVEDetached, Freehold18 Nov 2004£360,00067.44%
28 Nov 2001£215,00026.51%
30 Apr 1999£169,950First Sale
2 THE DRIVEDetached, Freehold30 Jul 1999£165,000First Sale

Check out the sold house prices near the B48 7AH postcode. Properties currently for saleProperties currently for rent

THE DRIVE, B48 7AH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B48 7AH 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 B48 7AH postcode.

  • Semi-Detached
    • The average price is around £219,175 median price is £210,000 Standard Deviation is £130,697 with Total Sold: 20
    • The Last 5 Year average price is £400,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 24 REDDITCH ROAD: £375,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is 2, WHARF COTTAGE REDDITCH ROAD: £53,000 (Sold on 17 Mar 1995)
  • Detached
    • The average price is around £318,949 median price is £280,000 Standard Deviation is £189,641 with Total Sold: 69
    • The Last 5 Year average price is £505,143 with Total Sold: 14
    • The most recent sale happened at this postcode is , THE CROFT ASH LANE: £375,000 (Sold on 25 Apr 2023)
    • The first recorded sale happened at this postcode is , THE NOOK REDDITCH ROAD: £125,000 (Sold on 08 Dec 1995)
  • Terraced
    • The average price is around £191,500 median price is £210,000 Standard Deviation is £43,491 with Total Sold: 7
    • The Last 5 Year average price is £255,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4 ASH LANE: £255,000 (Sold on 24 Jun 2022)
    • The first recorded sale happened at this postcode is , 4 ASH LANE: £145,000 (Sold on 30 Nov 2005)
  • Other
    • The average price is around £354,426 median price is £395,931 Standard Deviation is £184,740 with Total Sold: 5
    • The Last 5 Year average price is £344,050 with Total Sold: 4
    • The most recent sale happened at this postcode is , OAK WOOD ASH LANE: £505,000 (Sold on 17 Dec 2021)
    • The first recorded sale happened at this postcode is , HOPWOOD COURT BIRMINGHAM ROAD: £395,931 (Sold on 21 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£303,000 £3,293 1
2022£498,500 £3,835 2
2021£325,000 £2,982 1
2015£210,000 £2,283 1
2014£243,000 £2,480 1
2012£205,000 £2,065 1
2010£242,500 £1,941 2
2006£210,000 £1,449 1
2004£173,000 £1,880 1
2003£217,500 £1,818 2
2000£95,500 £925 2
1999£62,0001
1997£69,500 £638 1
1996£47,000 £480 1
1995£53,000 £486 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£375,000 £3,571 1
2022£600,000 £3,747 5
2021£507,000 £3,501 4
2019£417,250 £3,116 4
2018£490,000 £2,620 1
2017£371,333 £2,780 3
2016£428,650 £2,782 3
2015£354,500 £2,687 2
2014£429,250 £2,441 4
2013£299,667 £2,239 3
2012£293,000 £2,407 2
2011£180,000 £703 1
2010£250,0001
2009£385,000 £3,598 1
2007£480,3333
2005£317,500 £1,940 2
2004£284,188 £1,489 4
2003£160,338 £886 4
2002£178,125 £1,305 4
2001£248,333 £1,157 3
1999£179,9833
1998£154,488 £956 4
1997£120,833 £808 6
1995£125,000 £1,168 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£255,000 £3,148 1
2010£220,000 £1,674 1
2009£160,000 £2,262 1
2008£128,500 £1,817 1
2007£210,0001
2006£222,000 £1,695 1
2005£145,000 £1,790 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£505,000 £3,855 2
2020£3,0001
2019£363,2001
2017£395,9311

House Type in B48 7AH area

The most common house types in the B48 7AH postcode area are Detached (82), Semi-detached (23), and Terraced (11).

Total127
Detached82
Semi-detached23
Terraced11
temporary structure8
converted building2
commercial building1
Flat0
Shared house0

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 (42).

Owned: Owns outright63
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency12
Private rented: Other private rented7
Social rented: Other social rented5
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B48 7AH have 2 people in household (46), and 1 person in household (36).

2 people in household46
1 person in household36
3 people in household22
4 people in household20
5 people in household2
6 people in household1
7 people in household1
8 or more people in household1
0 people in household0