Housing Market Analysis for B48 7RT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B48 7RT 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.

    All the Sales in the B48 7RT

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

    AddressSold DatePrice% Change

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

    B48 7RT Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £396,956 median price is £375,000 Standard Deviation is £216,035 with Total Sold: 63
      • The Last 5 Year average price is £619,282 with Total Sold: 14
      • The most recent sale happened at this postcode is , 16 REDDITCH ROAD: £822,500 (Sold on 27 Oct 2023)
      • The first recorded sale happened at this postcode is , 132 REDDITCH ROAD: £76,000 (Sold on 19 Jan 1996)
    • Semi-Detached
      • The average price is around £212,642 median price is £210,000 Standard Deviation is £116,383 with Total Sold: 30
      • The Last 5 Year average price is £376,812 with Total Sold: 4
      • The most recent sale happened at this postcode is , 25 REDDITCH ROAD: £435,000 (Sold on 18 Jan 2023)
      • The first recorded sale happened at this postcode is , 25 REDDITCH ROAD: £66,000 (Sold on 12 May 1995)
    • Other
      • The average price is around £7,000 median price is £7,000 Standard Deviation is £0 with Total Sold: 1
      • The most recent sale happened at this postcode is , 47 REDDITCH ROAD: £7,000 (Sold on 16 Apr 2018)
      • The first recorded sale happened at this postcode is , 47 REDDITCH ROAD: £7,000 (Sold on 16 Apr 2018)
    • Terraced
      • The average price is around £217,250 median price is £217,250 Standard Deviation is £31,250 with Total Sold: 2
      • The most recent sale happened at this postcode is , 24 REDDITCH ROAD: £248,500 (Sold on 25 May 2006)
      • The first recorded sale happened at this postcode is , 24 REDDITCH ROAD: £186,000 (Sold on 18 Nov 2005)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£663,750 £4,559 2
    2022£840,000 £4,307 4
    2021£547,500 £3,865 3
    2020£500,000 £3,479 3
    2019£419,975 £3,995 2
    2018£925,0001
    2016£405,0001
    2015£527,875 £3,048 4
    2014£440,000 £2,529 1
    2013£310,000 £3,202 1
    2012£237,500 £2,306 1
    2011£356,250 £3,137 2
    2010£374,000 £3,194 5
    2009£425,000 £1,975 3
    2007£499,9991
    2006£473,750 £2,773 2
    2005£361,225 £3,308 2
    2004£330,833 £2,651 3
    2003£270,000 £2,789 1
    2002£265,833 £2,597 3
    2001£282,100 £1,120 5
    2000£301,250 £1,733 4
    1999£146,475 £1,167 4
    1998£123,975 £1,154 2
    1997£148,250 £991 2
    1996£76,000 £478 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£435,000 £4,439 1
    2021£358,750 £3,423 2
    2020£354,750 £3,620 1
    2017£310,867 £3,386 3
    2015£275,000 £2,696 1
    2013£300,000 £3,409 1
    2012£247,000 £2,490 1
    2010£250,000 £2,330 1
    2009£343,5001
    2005£274,000 £2,446 1
    2004£314,000 £1,946 2
    2003£183,500 £1,678 2
    2002£144,9752
    2000£108,500 £1,142 1
    1999£81,150 £841 3
    1998£134,0001
    1997£80,750 £842 4
    1996£90,000 £1,023 1
    1995£66,000 £673 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£7,000 £36 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2006£248,500 £2,505 1
    2005£186,000 £1,875 1

    House Type in B48 7RT area

    The most common house types in the B48 7RT postcode area are Detached (70), Semi-detached (55), and Terraced (13).

    Total142
    Detached70
    Semi-detached55
    Terraced13
    Flat4
    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 (53).

    Owned: Owns outright63
    Owned: Owns with a mortgage or loan53
    Social rented: Other social rented15
    Social rented: Rents from council or Local Authority4
    Private rented: Private landlord or letting agency2
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the B48 7RT have 2 people in household (44), and 1 person in household (35).

    2 people in household44
    1 person in household35
    4 people in household27
    3 people in household18
    5 people in household14
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0