Housing Market Analysis for REDDITCH ROAD, B48 7TR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £193,591 median price is £195,000 Standard Deviation is £105,218 with Total Sold: 11
    • The Last 5 Year average price is £334,333 with Total Sold: 3
    • 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 £275,444 median price is £276,000 Standard Deviation is £171,360 with Total Sold: 9
    • The Last 5 Year average price is £486,500 with Total Sold: 2
    • The most recent sale happened at this postcode is BANFF REDDITCH ROAD: £448,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is THE NOOK REDDITCH ROAD: £125,000 (Sold on 08 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B48 7TR 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
2024£375,0001
2023£303,000 £3,293 1
2021£325,000 £2,982 1
2015£210,000 £2,283 1
2010£235,000 £2,156 1
2004£173,000 £1,880 1
2003£195,000 £1,789 1
2000£95,500 £925 2
1997£69,500 £638 1
1995£53,000 £486 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£486,500 £2,992 2
2014£435,000 £2,500 1
2012£276,000 £2,845 1
2011£180,000 £703 1
2009£385,000 £3,598 1
2003£95,000 £629 1
1997£10,000 £66 1
1995£125,000 £1,168 1

All the Sales in the REDDITCH ROAD, B48 7TR

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

AddressSold DatePrice% Change
24 REDDITCH ROADSemi-Detached, Freehold29 Feb 2024£375,00059.57%
12 Jul 2010£235,00076.69%
14 Apr 2000£133,000First Sale
OAKLEA REDDITCH ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-194920 Jul 2023£303,00044.29%
17 Jun 2015£210,00021.39%
09 Jun 2004£173,000198.28%
28 Jul 2000£58,000First Sale
BANFF REDDITCH ROADDetached, FreeholdArea: 151.05 Sq.mtrAge: 2003-200630 Jun 2021£448,000371.58%
07 Oct 2003£95,000850.00%
21 Nov 1997£10,000First Sale
PENNYGON REDDITCH ROADDetached, FreeholdArea: 174 Sq.mtrAge: 1950-196612 Mar 2021£525,00020.69%
23 Sep 2014£435,000First Sale
2, WHARF COTTAGE REDDITCH ROADSemi-Detached, FreeholdArea: 109 Sq.mtrAge: before 190010 Feb 2021£325,00066.67%
31 Jan 2003£195,000180.58%
18 Jul 1997£69,50031.13%
17 Mar 1995£53,000First Sale
AVALON REDDITCH ROADDetached, FreeholdArea: 97 Sq.mtrAge: 1967-197509 Nov 2012£276,000First Sale
THE POPLARS REDDITCH ROADDetached, FreeholdArea: 256 Sq.mtr21 Dec 2011£180,000First Sale
THE NOOK REDDITCH ROADDetached, FreeholdArea: 107 Sq.mtrAge: 1930-194925 Sep 2009£385,000208.00%
08 Dec 1995£125,000First Sale

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

REDDITCH ROAD, B48 7TR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £203,297 median price is £195,000 Standard Deviation is £124,055 with Total Sold: 47
    • 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)
  • Detached
    • The average price is around £329,363 median price is £304,500 Standard Deviation is £175,343 with Total Sold: 62
    • The Last 5 Year average price is £516,091 with Total Sold: 11
    • 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 , GLENHOLME REDDITCH ROAD: £84,000 (Sold on 15 Sep 1995)
  • Terraced
    • The average price is around £157,998 median price is £142,500 Standard Deviation is £51,406 with Total Sold: 10
    • The Last 5 Year average price is £158,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 5 WOODPECKER CLOSE: £140,000 (Sold on 24 Feb 2023)
    • 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 £366,822 median price is £450,466 Standard Deviation is £221,410 with Total Sold: 6
    • The Last 5 Year average price is £361,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , THE LAURELS REDDITCH ROAD: £642,000 (Sold on 21 Oct 2022)
    • 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£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£58,250 £486 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£375,000 £3,571 1
2022£497,500 £3,464 2
2021£558,600 £3,411 5
2020£607,500 £3,202 2
2019£299,000 £3,691 1
2017£400,333 £2,874 3
2016£502,975 £2,827 2
2015£354,500 £2,687 2
2014£429,250 £2,441 4
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
2005£265,000 £2,283 2
2004£352,350 £1,741 5
2003£147,117 £886 3
2002£167,500 £1,302 2
2001£200,000 £1,294 2
1999£179,9833
1998£70,000 £444 1
1997£115,625 £789 4
1995£104,500 £1,168 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£140,000 £1,867 1
2022£255,000 £3,148 1
2019£118,500 £1,564 2
2010£82,475 £933 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
2022£396,000 £2,432 2
2021£505,000 £3,855 2
2020£3,0001
2017£395,9311

House Type in B48 7TR area

The most common house types in the B48 7TR postcode area are Semi-detached (88), Detached (64), and Flat (15).

Total178
Semi-detached88
Detached64
Flat15
Terraced11
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 (75), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright75
Owned: Owns with a mortgage or loan59
Private rented: Private landlord or letting agency12
Social rented: Other social rented10
Social rented: Rents from council or Local Authority9
Shared ownership: Shared ownership6
Private rented: Other private rented5
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the B48 7TR have 2 people in household (60), and 1 person in household (40).

2 people in household60
1 person in household40
4 people in household33
3 people in household29
5 people in household9
6 people in household4
7 people in household1
8 or more people in household1
0 people in household0