Housing Market Analysis for MILL LANE, B61 8AG

Are you looking to understand B61 8AG 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 B61 8AG area, explore the B61 8AG Area information page.
For comprehensive crime statistics in the B61 8AG area, explore the B61 8AG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B61 8AG postcode area, The average prices are as follows,

  • Other
    • The average price is around £436,500 median price is £127,000 Standard Deviation is £455,133 with Total Sold: 3
    • The Last 5 Year average price is £114,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 MILL LANE: £127,000 (Sold on 07 Jun 2023)
    • The first recorded sale happened at this postcode is 12 MILL LANE: £1,080,000 (Sold on 24 Jan 2017)
  • Terraced
    • The average price is around £210,820 median price is £210,820 Standard Deviation is £19,180 with Total Sold: 2
    • The Last 5 Year average price is £191,640 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 MILL LANE: £230,000 (Sold on 17 Nov 2005)
    • The first recorded sale happened at this postcode is 2 MILL LANE: £191,640 (Sold on 17 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average B61 8AG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£127,0001
2021£102,5001
2017£1,080,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£230,0001
2023£191,6401

All the Sales in the MILL LANE, B61 8AG

See the table below for more details on the sold house prices in the B61 8AG, Bromsgrove postcode.

AddressSold DatePrice% Change
4 MILL LANEOther, Freehold07 Jun 2023£127,000First Sale
10 MILL LANEOther, Freehold19 Nov 2021£102,500First Sale
12 MILL LANEOther, Freehold24 Jan 2017£1,080,000First Sale
8 MILL LANETerraced, Freehold17 Nov 2005£230,000First Sale
2 MILL LANETerraced, Freehold17 Nov 2023£191,640First Sale

Check out the sold house prices near the B61 8AG postcode. Properties currently for saleProperties currently for rent

MILL LANE, B61 8AG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B61 8AG 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 B61 8AG postcode.

  • Flat
    • The average price is around £112,667 median price is £100,000 Standard Deviation is £56,922 with Total Sold: 975
    • The Last 5 Year average price is £135,797 with Total Sold: 207
    • The most recent sale happened at this postcode is FLAT 15, ELGAR MEWS EDNALL LANE: £110,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 8, FERNLEIGH, 32 NEW ROAD: £52,500 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £146,093 median price is £139,950 Standard Deviation is £78,686 with Total Sold: 481
    • The Last 5 Year average price is £225,450 with Total Sold: 80
    • The most recent sale happened at this postcode is , 5 CHURCHFIELDS ROAD: £270,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 HILL LANE: £44,500 (Sold on 03 Jan 1995)
  • Other
    • The average price is around £777,596 median price is £260,000 Standard Deviation is £2,218,685 with Total Sold: 104
    • The Last 5 Year average price is £1,022,859 with Total Sold: 46
    • The most recent sale happened at this postcode is , 50 HIGH STREET: £170,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 KIDDERMINSTER ROAD: £91,998 (Sold on 29 Apr 2013)
  • Detached
    • The average price is around £277,077 median price is £250,000 Standard Deviation is £153,508 with Total Sold: 366
    • The Last 5 Year average price is £438,652 with Total Sold: 53
    • The most recent sale happened at this postcode is , 2A WEST ROAD: £410,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 16 MOORFIELD DRIVE: £82,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £178,566 median price is £158,000 Standard Deviation is £118,905 with Total Sold: 527
    • The Last 5 Year average price is £295,066 with Total Sold: 82
    • The most recent sale happened at this postcode is , 33 CHURCHFIELDS ROAD: £230,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is 7, SUNNYMEAD NEW ROAD: £75,500 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,471 £1,976 17
2023£146,257 £2,656 34
2022£133,476 £2,439 43
2021£136,705 £2,306 47
2020£131,509 £2,367 27
2019£131,251 £2,406 39
2018£187,953 £2,853 45
2017£175,321 £2,719 84
2016£106,625 £1,975 38
2015£94,755 £1,854 43
2014£94,458 £1,878 39
2013£92,255 £1,827 31
2012£100,740 £1,912 25
2011£104,964 £1,930 14
2010£108,530 £2,104 15
2009£114,804 £2,379 23
2008£143,574 £2,648 16
2007£140,536 £2,578 37
2006£112,908 £2,164 36
2005£110,096 £2,123 27
2004£130,377 £2,201 47
2003£100,244 £1,936 39
2002£72,986 £1,547 28
2001£61,848 £1,267 28
2000£56,712 £1,234 24
1999£51,159 £1,078 22
1998£45,642 £956 18
1997£46,931 £950 37
1996£40,956 £887 27
1995£45,280 £932 25
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,417 £2,759 6
2023£228,014 £3,030 10
2022£255,164 £3,218 21
2021£202,844 £2,793 16
2020£234,600 £2,813 15
2019£202,538 £2,963 12
2018£194,492 £2,727 20
2017£193,365 £2,396 30
2016£189,310 £2,167 15
2015£162,297 £2,155 18
2014£155,084 £2,127 19
2013£136,211 £1,850 9
2012£135,419 £1,884 18
2011£149,375 £1,924 14
2010£186,125 £1,833 12
2009£132,405 £1,836 11
2008£140,989 £2,029 9
2007£162,545 £2,330 21
2006£136,372 £1,965 20
2005£148,872 £1,821 18
2004£145,021 £2,010 19
2003£131,108 £1,475 18
2002£88,619 £1,306 18
2001£81,994 £1,023 24
2000£64,071 £942 19
1999£68,019 £927 18
1998£54,573 £774 13
1997£80,359 £1,541 16
1996£50,431 £683 8
1995£55,971 £698 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,3333
2023£209,7005
2022£482,15513
2021£1,593,37310
2020£319,536 £3,039 7
2019£2,600,5628
2018£399,402 £2,453 10
2017£705,632 £16,076 22
2016£701,58511
2015£483,784 £10,825 11
2014£389,8333
2013£91,9981
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£611,875 £3,245 4
2023£463,913 £3,836 10
2022£429,438 £3,655 8
2021£468,961 £3,478 14
2020£351,538 £3,391 13
2019£397,738 £3,041 4
2018£370,319 £3,132 21
2017£313,697 £2,862 15
2016£386,195 £3,213 10
2015£337,188 £2,697 13
2014£269,544 £2,132 9
2013£322,538 £2,143 12
2012£279,579 £2,035 12
2011£306,219 £2,308 16
2010£268,458 £2,436 12
2009£365,429 £2,295 7
2008£281,250 £2,413 8
2007£319,021 £2,300 19
2006£260,779 £2,028 14
2005£216,136 £2,263 7
2004£222,705 £2,048 20
2003£283,347 £2,140 17
2002£182,685 £1,723 13
2001£194,484 £1,595 22
2000£153,746 £1,177 12
1999£115,747 £1,014 15
1998£120,821 £949 14
1997£93,354 £802 14
1996£122,042 £382 6
1995£78,400 £657 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,0001
2023£342,800 £3,501 15
2022£287,500 £3,495 15
2021£301,715 £3,223 23
2020£277,385 £2,845 13
2019£264,363 £2,742 15
2018£245,779 £2,691 24
2017£270,047 £2,760 17
2016£301,275 £2,215 14
2015£232,559 £2,183 17
2014£184,190 £2,013 15
2013£181,972 £1,892 13
2012£244,989 £2,046 9
2011£165,308 £2,001 13
2010£226,206 £2,038 9
2009£179,606 £1,479 9
2008£215,495 £2,320 11
2007£208,744 £2,050 26
2006£214,439 £2,540 19
2005£187,152 £2,097 22
2004£165,370 £1,735 22
2003£151,002 £1,628 22
2002£108,150 £1,343 27
2001£109,517 £1,192 23
2000£109,621 £995 19
1999£80,541 £841 17
1998£66,028 £801 30
1997£65,172 £733 29
1996£62,833 £685 24
1995£63,843 £640 14

House Type in B61 8AG area

The most common house types in the B61 8AG postcode area are Flat (87), Semi-detached (20), and commercial building (9).

Total127
Flat87
Semi-detached20
commercial building9
Detached5
converted building4
Terraced2
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Private rented: Private landlord or letting agency (25).

Owned: Owns outright78
Private rented: Private landlord or letting agency25
Owned: Owns with a mortgage or loan8
Social rented: Other social rented6
Private rented: Other private rented4
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the B61 8AG have 1 person in household (90), and 2 people in household (31).

1 person in household90
2 people in household31
3 people in household5
0 people in household0
4 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0