Housing Market Analysis for THE FLATS, B61 8LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £214,097 median price is £215,000 Standard Deviation is £81,541 with Total Sold: 15
    • The Last 5 Year average price is £301,667 with Total Sold: 3
    • The most recent sale happened at this postcode is CHERRY TREE COTTAGE, 49 THE FLATS: £352,500 (Sold on 26 Aug 2022)
    • The first recorded sale happened at this postcode is 50 THE FLATS: £93,000 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £120,825 median price is £133,250 Standard Deviation is £41,652 with Total Sold: 6
    • The most recent sale happened at this postcode is 41 THE FLATS: £175,000 (Sold on 01 Feb 2018)
    • The first recorded sale happened at this postcode is 39A THE FLATS: £53,000 (Sold on 31 Jan 1997)
  • Semi-Detached
    • The average price is around £77,475 median price is £77,475 Standard Deviation is £27,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 39 THE FLATS: £104,950 (Sold on 03 Jan 2003)
    • The first recorded sale happened at this postcode is 39 THE FLATS: £50,000 (Sold on 17 Nov 1995)
  • Flat
    • The average price is around £50,500 median price is £50,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 41A THE FLATS: £50,500 (Sold on 14 Jul 1999)
    • The first recorded sale happened at this postcode is 41A THE FLATS: £50,500 (Sold on 14 Jul 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average B61 8LB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£352,5001
2020£275,000 £3,198 1
2019£277,5001
2018£257,000 £2,988 1
2017£282,500 £2,665 2
2016£270,000 £2,477 1
2014£211,500 £2,301 2
2013£194,500 £2,262 1
2004£200,000 £1,835 1
2001£136,9501
1996£97,000 £890 1
1995£81,500 £864 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£175,000 £3,500 1
2010£140,000 £2,174 1
2008£149,950 £2,999 1
2005£126,500 £2,433 1
2002£80,500 £1,548 1
1997£53,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£104,950 £2,099 1
1995£50,000 £1,000 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£50,500 £784 1

All the Sales in the THE FLATS, B61 8LB

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

AddressSold DatePrice% Change
CHERRY TREE COTTAGE, 49 THE FLATSDetached, Freehold26 Aug 2022£352,50027.03%
28 Mar 2019£277,500First Sale
43 THE FLATSDetached, FreeholdArea: 86 Sq.mtr27 Nov 2020£275,0007.00%
30 Aug 2018£257,0004.90%
12 May 2017£245,00013.95%
05 Sep 2014£215,00010.54%
15 Jul 2013£194,500First Sale
41 THE FLATSTerraced, FreeholdArea: 50 Sq.mtrAge: 1983-199001 Feb 2018£175,00016.71%
10 Mar 2008£149,950First Sale
52 THE FLATSDetached, FreeholdArea: 129 Sq.mtrAge: 1983-199011 Dec 2017£320,000First Sale
48 THE FLATSDetached, FreeholdArea: 109 Sq.mtrAge: 1983-199017 Jun 2016£270,00035.00%
14 Jan 2004£200,000106.19%
10 Dec 1996£97,000First Sale
45 THE FLATSDetached, FreeholdArea: 99 Sq.mtrAge: 1983-199017 Dec 2014£208,000197.14%
04 May 1995£70,000First Sale
41A THE FLATSTerraced, FreeholdArea: 64.4 Sq.mtrAge: 1991-199517 Dec 2010£140,00010.67%
21 Jan 2005£126,50057.14%
03 Apr 2002£80,50059.41%
14 Jul 1999£50,500First Sale
39 THE FLATSSemi-Detached, FreeholdArea: 50 Sq.mtrAge: 1991-199503 Jan 2003£104,950109.90%
17 Nov 1995£50,000First Sale
50 THE FLATSDetached, Freehold12 Jan 2001£136,95047.26%
13 Jan 1995£93,000First Sale
39A THE FLATSTerraced, Freehold31 Jan 1997£53,000First Sale

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

THE FLATS, B61 8LB Near By properties

Interactive Map

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

  • Flat
    • The average price is around £108,707 median price is £89,725 Standard Deviation is £64,417 with Total Sold: 600
    • The Last 5 Year average price is £144,415 with Total Sold: 106
    • The most recent sale happened at this postcode is , 41 HOUSMAN PARK: £135,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 51 PENNINE ROAD: £28,000 (Sold on 01 May 1995)
  • Detached
    • The average price is around £204,411 median price is £198,000 Standard Deviation is £96,365 with Total Sold: 387
    • The Last 5 Year average price is £342,159 with Total Sold: 58
    • The most recent sale happened at this postcode is , SOMERVILLE ALL SAINTS ROAD: £560,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 50 THE FLATS: £93,000 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £137,761 median price is £138,000 Standard Deviation is £65,031 with Total Sold: 966
    • The Last 5 Year average price is £216,342 with Total Sold: 153
    • The most recent sale happened at this postcode is , 9 LIME GROVE: £235,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 31 ORCHARD ROAD: £55,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £145,563 median price is £142,000 Standard Deviation is £72,245 with Total Sold: 1,178
    • The Last 5 Year average price is £245,573 with Total Sold: 187
    • The most recent sale happened at this postcode is , 233 PENNINE ROAD: £270,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , 1A ELM GROVE: £56,500 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £1,435,294 median price is £262,500 Standard Deviation is £3,440,436 with Total Sold: 42
    • The Last 5 Year average price is £2,241,209 with Total Sold: 19
    • The most recent sale happened at this postcode is , 106 BIRMINGHAM ROAD: £222,750 (Sold on 11 Dec 2023)
    • The first recorded sale happened at this postcode is , 65 BROAD STREET: £438 (Sold on 09 Nov 2012)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,000 £1,667 5
2023£177,547 £2,948 16
2022£140,498 £2,592 26
2021£140,668 £2,426 19
2020£124,221 £2,374 17
2019£137,602 £2,539 23
2018£210,841 £3,059 32
2017£180,549 £2,733 76
2016£90,406 £1,862 17
2015£81,341 £1,713 22
2014£91,831 £1,882 16
2013£82,091 £1,816 16
2012£91,433 £1,986 15
2011£95,800 £2,000 7
2010£97,438 £2,136 8
2009£97,885 £2,058 13
2008£127,890 £2,837 5
2007£115,913 £2,307 19
2006£107,107 £2,108 30
2005£98,393 £2,093 15
2004£103,149 £2,056 24
2003£81,446 £1,914 14
2002£65,136 £1,484 33
2001£55,125 £1,347 16
2000£53,122 £1,203 23
1999£47,220 £1,032 15
1998£41,266 £989 19
1997£40,288 £938 26
1996£41,689 £920 18
1995£36,947 £852 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£411,400 £3,851 5
2023£369,050 £3,432 10
2022£398,550 £3,642 10
2021£316,650 £3,300 15
2020£295,556 £3,251 9
2019£300,272 £3,052 9
2018£274,136 £2,921 25
2017£271,719 £2,831 18
2016£250,950 £2,774 11
2015£255,073 £2,428 13
2014£205,714 £2,296 14
2013£224,582 £2,229 11
2012£204,993 £2,413 7
2011£224,167 £2,568 6
2010£196,333 £2,264 6
2009£168,700 £2,245 5
2008£233,938 £1,773 8
2007£182,397 £2,241 15
2006£209,000 £2,143 14
2005£191,227 £2,488 13
2004£220,850 £2,359 27
2003£162,317 £1,776 18
2002£137,545 £1,323 19
2001£122,918 £1,235 20
2000£105,243 £1,003 14
1999£99,736 £1,000 22
1998£95,983 £1,238 15
1997£88,932 £968 11
1996£75,000 £1,256 3
1995£71,643 £1,010 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,000 £2,759 4
2023£239,614 £2,995 22
2022£232,603 £3,275 31
2021£208,377 £2,797 44
2020£203,648 £2,633 27
2019£210,840 £2,585 25
2018£184,561 £2,586 38
2017£191,901 £2,432 53
2016£178,312 £2,220 39
2015£155,258 £2,099 32
2014£151,794 £2,114 32
2013£145,515 £1,907 26
2012£139,254 £1,819 24
2011£140,670 £1,824 20
2010£140,648 £2,043 20
2009£132,498 £1,703 26
2008£147,752 £1,870 20
2007£150,338 £2,056 47
2006£138,083 £2,051 36
2005£139,844 £1,987 40
2004£150,252 £1,930 57
2003£115,421 £1,432 34
2002£86,357 £1,187 37
2001£78,114 £965 36
2000£64,788 £926 34
1999£56,760 £934 34
1998£54,166 £853 31
1997£58,602 £1,078 42
1996£43,733 £657 28
1995£45,804 £606 27
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,182 £3,371 11
2023£248,283 £3,190 30
2022£262,080 £3,208 25
2021£254,901 £3,134 52
2020£227,121 £2,588 31
2019£231,212 £2,688 38
2018£213,976 £2,494 38
2017£207,216 £2,508 38
2016£184,565 £2,147 34
2015£174,132 £2,058 36
2014£159,731 £2,020 34
2013£152,065 £1,902 33
2012£154,702 £1,938 22
2011£151,129 £1,793 34
2010£163,367 £1,734 27
2009£148,469 £1,784 34
2008£143,336 £1,793 22
2007£171,141 £1,907 45
2006£164,469 £2,074 37
2005£149,502 £1,924 47
2004£155,216 £1,732 48
2003£131,323 £1,662 54
2002£106,606 £1,359 52
2001£92,907 £1,153 45
2000£81,714 £1,057 45
1999£70,714 £836 50
1998£63,573 £860 70
1997£65,968 £838 60
1996£57,110 £676 50
1995£51,196 £654 36
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,187,551 £5,610 6
2022£158,600 £384 5
2021£13,000,0001
2020£1,021,000 £31 3
2019£4,650,4184
2018£536,6055
2017£1,738,032 £16,076 5
2016£1,172,0584
2015£398,3333
2014£88,500 £878 5
2012£4381

House Type in B61 8LB area

The most common house types in the B61 8LB postcode area are Terraced (48), Semi-detached (46), and Detached (38).

Total156
Terraced48
Semi-detached46
Detached38
Shared house10
Flat9
converted building4
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright68
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency24
Social rented: Other social rented7
Social rented: Rents from council or Local Authority1
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 B61 8LB have 2 people in household (61), and 1 person in household (56).

2 people in household61
1 person in household56
3 people in household20
4 people in household14
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0