Housing Market Analysis for GRAVEL PIT LANE, B48 7QG

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

Overview of Sold House prices

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

Detached
- The average price is around £433,364 median price is £422,500 Standard Deviation is £169,497 with Total Sold: 11
- The Last 5 Year average price is £582,500 with Total Sold: 2
- The most recent sale happened at this postcode is OLD GARDEN GRAVEL PIT LANE: £380,000 (Sold on 28 Jun 2021)
- The first recorded sale happened at this postcode is HIGHGARTH GRAVEL PIT LANE: £152,000 (Sold on 21 Jan 1997)
Other
- The average price is around £3,648 median price is £3,648 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £3,648 with Total Sold: 1
- The most recent sale happened at this postcode is BISHOPS CROFT GRAVEL PIT LANE: £3,648 (Sold on 19 Mar 2021)
- The first recorded sale happened at this postcode is BISHOPS CROFT GRAVEL PIT LANE: £3,648 (Sold on 19 Mar 2021)
Semi-Detached
- The average price is around £146,150 median price is £175,000 Standard Deviation is £59,323 with Total Sold: 3
- The most recent sale happened at this postcode is WREN COTTAGE GRAVEL PIT LANE: £175,000 (Sold on 21 Jun 2013)
- The first recorded sale happened at this postcode is WREN COTTAGE GRAVEL PIT LANE: £63,500 (Sold on 27 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B48 7QG 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
2021	£380,000	£3,363	1
2019	£785,000	£2,364	1
2018	£422,500	£5,417	1
2015	£497,500	£3,466	3
2013	£500,000	£1,506	1
2007	£500,000	£3,571	1
2000	£235,000		1
1997	£226,000	£904	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£3,648	£11	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£175,000	£2,652	1
2006	£199,950	£3,030	1
1998	£63,500	£962	1

All the Sales in the GRAVEL PIT LANE, B48 7QG

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

Address	Sold Date	Price	% Change
OLD GARDEN GRAVEL PIT LANEDetached, FreeholdArea: 113 Sq.mtrAge: 2020	28 Jun 2021	£380,000	First Sale
BISHOPS CROFT GRAVEL PIT LANEOther, FreeholdArea: 332 Sq.mtrAge: 1930-1949	19 Mar 2021	£3,648	-99.54%
	18 Jul 2019	£785,000	57.00%
	31 May 2013	£500,000	66.67%
	30 Dec 1997	£300,000	First Sale
CORNER VIEW GRAVEL PIT LANEDetached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	20 Nov 2018	£422,500	First Sale
VERMONT GRAVEL PIT LANEDetached, FreeholdArea: 198 Sq.mtrAge: 1950-1966	30 Nov 2015	£500,000	First Sale
SHOLA GRAVEL PIT LANEDetached, FreeholdArea: 108 Sq.mtrAge: 1930-1949	04 Aug 2015	£370,000	First Sale
JASMINE COTTAGE GRAVEL PIT LANEDetached, FreeholdArea: 140 Sq.mtrAge: before 1900	04 Aug 2015	£622,500	24.50%
	28 Jun 2007	£500,000	First Sale
WREN COTTAGE GRAVEL PIT LANESemi-Detached, FreeholdArea: 66 Sq.mtrAge: before 1900	21 Jun 2013	£175,000	-12.48%
	31 Jul 2006	£199,950	214.88%
	27 Jul 1998	£63,500	First Sale
HIGHGARTH GRAVEL PIT LANEDetached, Freehold	14 Jun 2000	£235,000	54.61%
HIGHGARTH GRAVEL PIT LANEDetached, Freehold	21 Jan 1997	£152,000	First Sale

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

GRAVEL PIT LANE, B48 7QG Near By properties

Interactive Map

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

Detached
- The average price is around £388,034 median price is £368,500 Standard Deviation is £199,831 with Total Sold: 132
- The Last 5 Year average price is £620,783 with Total Sold: 23
- The most recent sale happened at this postcode is , RINGWOOD ROWNEY GREEN LANE: £700,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , THE FIRS ROWNEY GREEN LANE: £153,550 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £273,223 median price is £265,000 Standard Deviation is £145,696 with Total Sold: 28
- The Last 5 Year average price is £635,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 4 NEWBOURNE HILL: £500,000 (Sold on 10 Nov 2023)
- The first recorded sale happened at this postcode is , 3 NEWBOURNE HILL: £93,500 (Sold on 04 May 1995)
Other
- The average price is around £222,579 median price is £113,334 Standard Deviation is £256,495 with Total Sold: 4
- The Last 5 Year average price is £56,824 with Total Sold: 2
- The most recent sale happened at this postcode is , BISHOPS CROFT GRAVEL PIT LANE: £3,648 (Sold on 19 Mar 2021)
- The first recorded sale happened at this postcode is , BURFORD HOUSE CHAPEL LANE: £660,000 (Sold on 23 Jun 2017)
Terraced
- The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is , ROCKWELL COTTAGE ROCKWELL LANE: £60,000 (Sold on 14 Sep 2007)
- The first recorded sale happened at this postcode is , ROCKWELL COTTAGE ROCKWELL LANE: £60,000 (Sold on 14 Sep 2007)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£700,000		1
2023	£952,500	£2,787	3
2022	£655,500	£4,988	4
2021	£488,250	£4,440	4
2020	£525,357	£4,193	7
2019	£617,000	£3,674	4
2018	£468,750	£3,875	4
2017	£518,667	£3,859	3
2016	£358,500	£2,770	2
2015	£428,688	£3,181	8
2014	£415,000	£3,010	2
2013	£551,667	£2,528	3
2012	£409,000	£2,748	7
2011	£466,250	£2,428	4
2010	£539,938	£2,569	5
2009	£468,333	£3,031	3
2008	£476,667		3
2007	£515,000	£3,571	2
2006	£478,980	£2,562	5
2005	£347,800	£3,333	5
2004	£353,325	£2,033	6
2003	£260,667	£2,709	6
2002	£208,500	£1,156	2
2001	£229,200	£1,683	5
2000	£266,500	£1,430	4
1999	£197,150	£1,050	6
1998	£185,000	£1,550	5
1997	£188,086	£900	11
1996	£109,000	£942	4
1995	£131,888	£876	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£635,000	£3,932	2
2018	£375,000	£3,319	1
2017	£342,500	£2,792	2
2016	£285,000	£2,436	1
2015	£297,475	£3,392	2
2014	£286,000	£2,531	2
2013	£200,000	£2,296	2
2010	£335,000	£1,946	2
2009	£301,250	£2,516	2
2006	£277,800	£2,547	3
2004	£295,000		1
2003	£177,475	£2,002	2
2002	£247,500	£1,567	1
1999	£89,950	£796	1
1998	£108,750	£969	2
1996	£64,000	£567	1
1995	£93,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£3,648	£11	1
2019	£110,000		1
2018	£116,667		1
2017	£660,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£60,000		1

House Type in B48 7QG area

The most common house types in the B48 7QG postcode area are Detached (102), Semi-detached (17), and converted building (1).

Total	120
Detached	102
Semi-detached	17
converted building	1
Terraced	0
Flat	0
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	70
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B48 7QG have 2 people in household (62), and 1 person in household (23).

2 people in household	62
1 person in household	23
3 people in household	18
4 people in household	11
5 people in household	4
7 people in household	2
6 people in household	1
0 people in household	0
8 or more people in household	0