Housing Market Analysis for SHUT MILL LANE, B62 0LZ

Are you looking to understand B62 0LZ 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 B62 0LZ area, explore the B62 0LZ Area information page.
For comprehensive crime statistics in the B62 0LZ area, explore the B62 0LZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B62 0LZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £601,750 median price is £601,750 Standard Deviation is £88,250 with Total Sold: 2
    • The Last 5 Year average price is £690,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE MOLES SHUT MILL LANE: £690,000 (Sold on 22 Nov 2022)
    • The first recorded sale happened at this postcode is WALTON LODGE SHUT MILL LANE: £513,500 (Sold on 13 Nov 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average B62 0LZ 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£690,000 £4,035 1
2015£513,500 £2,607 1

All the Sales in the SHUT MILL LANE, B62 0LZ

See the table below for more details on the sold house prices in the B62 0LZ, Bromsgrove postcode.

AddressSold DatePrice% Change
THE MOLES SHUT MILL LANEDetached, FreeholdArea: 171 Sq.mtrAge: 1983-199022 Nov 2022£690,000First Sale
WALTON LODGE SHUT MILL LANEDetached, FreeholdArea: 197 Sq.mtrAge: 1967-197513 Nov 2015£513,500First Sale

Check out the sold house prices near the B62 0LZ postcode. Properties currently for saleProperties currently for rent

SHUT MILL LANE, B62 0LZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B62 0LZ 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 B62 0LZ postcode.

  • Detached
    • The average price is around £351,952 median price is £278,500 Standard Deviation is £240,196 with Total Sold: 22
    • The Last 5 Year average price is £736,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , HILLSIDE COTTAGE RUMBOW LANE: £715,000 (Sold on 06 Jan 2023)
    • The first recorded sale happened at this postcode is , SPRING GLEN SHUT MILL LANE: £186,000 (Sold on 06 Apr 1995)
  • Other
    • The average price is around £385,000 median price is £385,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £385,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , FERNDALE SHUT MILL LANE: £385,000 (Sold on 20 Feb 2020)
    • The first recorded sale happened at this postcode is , FERNDALE SHUT MILL LANE: £385,000 (Sold on 20 Feb 2020)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£715,000 £5,766 1
2022£690,000 £4,035 1
2021£770,000 £5,675 2
2018£593,500 £4,786 1
2015£440,750 £2,399 2
2014£380,000 £3,529 1
2012£250,000 £1,318 1
2009£250,000 £1,852 1
2003£253,500 £1,979 2
2002£237,475 £4,345 2
2001£35,0001
2000£605,0001
1999£116,6673
1996£190,000 £2,464 1
1995£140,500 £882 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£385,000 £4,185 1

House Type in B62 0LZ area

The most common house types in the B62 0LZ postcode area are Detached (74), temporary structure (29), and Semi-detached (12).

Total117
Detached74
temporary structure29
Semi-detached12
Terraced2
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright80
Owned: Owns with a mortgage or loan31
Private rented: Other private rented5
Private rented: Private landlord or letting agency3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the B62 0LZ have 2 people in household (41), and 1 person in household (38).

2 people in household41
1 person in household38
3 people in household17
4 people in household17
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0