Housing Market Analysis for REDDITCH ROAD, B48 7TN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £292,500 median price is £292,500 Standard Deviation is £202,500 with Total Sold: 2
    • The Last 5 Year average price is £495,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GREENBANK COTTAGE REDDITCH ROAD: £495,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is GREENBANK COTTAGE REDDITCH ROAD: £90,000 (Sold on 26 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average B48 7TN 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£495,000 £4,195 1
1999£90,000 £763 1

All the Sales in the REDDITCH ROAD, B48 7TN

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

AddressSold DatePrice% Change
GREENBANK COTTAGE REDDITCH ROADSemi-Detached, FreeholdArea: 118 Sq.mtrAge: before 190024 Mar 2023£495,000450.00%
26 Apr 1999£90,000First Sale

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

REDDITCH ROAD, B48 7TN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £327,659 median price is £299,000 Standard Deviation is £178,963 with Total Sold: 57
    • The Last 5 Year average price is £494,727 with Total Sold: 11
    • The most recent sale happened at this postcode is , HILL CREST ARROWFIELD TOP: £345,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , GLENHOLME REDDITCH ROAD: £84,000 (Sold on 15 Sep 1995)
  • Terraced
    • The average price is around £203,047 median price is £214,000 Standard Deviation is £79,660 with Total Sold: 30
    • The Last 5 Year average price is £249,581 with Total Sold: 12
    • The most recent sale happened at this postcode is , LILAC COTTAGE ARROWFIELD TOP: £311,050 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , MAY COTTAGE ARROWFIELD TOP: £70,500 (Sold on 08 Mar 1996)
  • Semi-Detached
    • The average price is around £200,655 median price is £189,975 Standard Deviation is £124,085 with Total Sold: 48
    • The Last 5 Year average price is £354,500 with Total Sold: 13
    • 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)
  • Other
    • The average price is around £396,667 median price is £505,000 Standard Deviation is £234,976 with Total Sold: 6
    • The Last 5 Year average price is £396,667 with Total Sold: 6
    • The most recent sale happened at this postcode is , THE LEYS REST HOME OLD BIRMINGHAM ROAD: £575,000 (Sold on 31 Jul 2023)
    • The first recorded sale happened at this postcode is , WINDSOR ASH LANE: £3,000 (Sold on 30 Jul 2020)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,0001
2023£375,000 £3,571 1
2022£497,500 £3,464 2
2021£553,250 £3,369 4
2020£607,500 £3,202 2
2019£299,000 £3,691 1
2017£400,333 £2,874 3
2016£549,950 £2,200 1
2015£452,500 £3,043 2
2014£415,000 £2,040 2
2013£407,000 £2,186 2
2012£293,000 £2,407 2
2011£252,500 £703 2
2010£250,0001
2009£305,000 £2,163 4
2007£397,200 £3,051 5
2006£325,0001
2005£265,000 £2,283 2
2004£350,438 £1,741 4
2003£147,117 £886 3
2002£220,000 £1,732 1
2001£185,000 £1,294 1
1999£205,0001
1998£130,500 £747 2
1997£110,000 £480 3
1996£142,000 £973 1
1995£115,500 £1,168 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,050 £5,272 1
2023£140,000 £1,867 1
2022£276,250 £3,640 2
2021£266,250 £3,950 2
2020£284,642 £2,686 3
2019£201,667 £2,269 3
2016£230,250 £3,556 2
2011£270,000 £2,700 1
2010£143,738 £2,265 2
2009£160,000 £2,262 1
2008£128,500 £1,817 1
2007£211,500 £3,737 2
2006£218,500 £1,695 2
2005£145,000 £1,790 1
2004£177,000 £3,000 1
2002£245,0001
2001£122,5001
1999£89,9501
1998£80,000 £1,356 1
1996£70,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£393,250 £3,962 4
2022£437,333 £3,698 3
2021£318,333 £3,093 3
2019£196,750 £2,019 2
2018£280,000 £2,947 1
2016£251,000 £2,346 1
2015£210,000 £2,283 1
2014£243,000 £2,480 1
2012£194,975 £2,022 2
2011£178,000 £1,699 1
2010£242,500 £1,941 2
2006£212,500 £1,729 2
2005£220,0001
2004£173,000 £1,880 1
2003£182,750 £1,706 4
2001£96,500 £1,049 1
2000£98,750 £928 4
1999£82,375 £828 4
1998£66,5001
1997£76,167 £747 3
1996£64,000 £673 2
1995£64,333 £486 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£575,0001
2022£396,000 £2,432 2
2021£505,000 £3,855 2
2020£3,0001

House Type in B48 7TN area

The most common house types in the B48 7TN 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 7TN 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