Housing Market Analysis for REDWOOD DRIVE, B69 2HY

Are you looking to understand B69 2HY 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 Sandwell postcode.

For the location information and nearby amenities in the B69 2HY area, explore the B69 2HY Area information page.
For comprehensive crime statistics in the B69 2HY area, explore the B69 2HY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B69 2HY postcode area, The average prices are as follows,

Detached
- The average price is around £199,250 median price is £174,250 Standard Deviation is £65,916 with Total Sold: 12
- The Last 5 Year average price is £286,875 with Total Sold: 4
- The most recent sale happened at this postcode is 1B REDWOOD DRIVE: £305,000 (Sold on 07 Sep 2023)
- The first recorded sale happened at this postcode is 11 REDWOOD DRIVE: £120,000 (Sold on 20 Sep 2002)
Semi-Detached
- The average price is around £85,667 median price is £94,500 Standard Deviation is £28,639 with Total Sold: 12
- The most recent sale happened at this postcode is 38 REDWOOD DRIVE: £98,500 (Sold on 27 Jan 2014)
- The first recorded sale happened at this postcode is 42 REDWOOD DRIVE: £37,000 (Sold on 07 Aug 1995)
Terraced
- The average price is around £56,931 median price is £39,250 Standard Deviation is £25,408 with Total Sold: 8
- The most recent sale happened at this postcode is 34 REDWOOD DRIVE: £97,000 (Sold on 26 Sep 2005)
- The first recorded sale happened at this postcode is 18 REDWOOD DRIVE: £37,000 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B69 2HY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£305,000	£3,389	1
2020	£296,250	£2,019	2
2019	£250,000	£2,252	1
2013	£170,000	£1,608	1
2012	£154,000	£1,913	1
2011	£178,500	£1,519	1
2006	£130,500	£1,621	1
2005	£173,750	£1,778	2
2003	£143,000		1
2002	£120,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£98,500	£1,698	1
2009	£97,500	£1,653	2
2007	£113,750	£1,907	2
2004	£89,250		2
2003	£125,000		1
1999	£83,000		1
1996	£41,750		2
1995	£37,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£97,000	£1,649	1
2002	£84,475	£1,065	2
1999	£36,000	£190	1
1997	£40,000	£680	1
1995	£37,833	£347	3

All the Sales in the REDWOOD DRIVE, B69 2HY

See the table below for more details on the sold house prices in the B69 2HY, Sandwell postcode.

Address	Sold Date	Price	% Change
1B REDWOOD DRIVEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	07 Sep 2023	£305,000	90.62%
	30 Sep 2005	£160,000	First Sale
29 REDWOOD DRIVEDetached, FreeholdArea: 143 Sq.mtrAge: 1991-1995	23 Oct 2020	£310,000	First Sale
5 REDWOOD DRIVEDetached, FreeholdArea: 151 Sq.mtrAge: 1991-1995	29 Jan 2020	£282,500	First Sale
23 REDWOOD DRIVEDetached, FreeholdArea: 111 Sq.mtrAge: 1983-1990	29 Aug 2019	£250,000	First Sale
38 REDWOOD DRIVESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1991-1995	27 Jan 2014	£98,500	33.20%
	13 Dec 2002	£73,950	First Sale
9 REDWOOD DRIVEDetached, FreeholdArea: 105.74 Sq.mtrAge: 1983-1990	26 Jul 2013	£170,000	First Sale
1A REDWOOD DRIVEDetached, FreeholdArea: 80.5 Sq.mtrAge: 1983-1990	05 Oct 2012	£154,000	18.01%
	19 Jun 2006	£130,500	First Sale
6 REDWOOD DRIVEDetached, FreeholdArea: 117.5 Sq.mtrAge: 1983-1990	28 Oct 2011	£178,500	First Sale
22 REDWOOD DRIVESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1983-1990	21 Dec 2009	£97,500	0.0
	21 Dec 2009	£97,500	-13.33%
	04 Dec 2007	£112,500	First Sale
24 REDWOOD DRIVESemi-Detached, Leasehold	24 Oct 2007	£115,000	25.68%
24 REDWOOD DRIVESemi-Detached, Leasehold	25 Jun 2004	£91,500	First Sale
21 REDWOOD DRIVEDetached, Freehold	30 Sep 2005	£187,500	First Sale
34 REDWOOD DRIVETerraced, FreeholdArea: 58.84 Sq.mtrAge: 1983-1990	26 Sep 2005	£97,000	142.50%
	24 Mar 1997	£40,000	First Sale
16 REDWOOD DRIVESemi-Detached, Freehold	27 Aug 2004	£87,000	First Sale
11 REDWOOD DRIVEDetached, Freehold	17 Oct 2003	£143,000	19.17%
11 REDWOOD DRIVEDetached, Freehold	20 Sep 2002	£120,000	First Sale
8 REDWOOD DRIVESemi-Detached, Leasehold	13 Jun 2003	£125,000	50.60%
8 REDWOOD DRIVESemi-Detached, Leasehold	02 Jul 1999	£83,000	First Sale
26 REDWOOD DRIVETerraced, FreeholdArea: 111 Sq.mtrAge: 1983-1990	10 May 2002	£95,000	146.75%
	12 Oct 1995	£38,500	First Sale
2A REDWOOD DRIVETerraced, FreeholdArea: 189 Sq.mtrAge: 1991-1995	12 Jul 1999	£36,000	First Sale
28 REDWOOD DRIVESemi-Detached, Leasehold	10 Dec 1996	£41,000	First Sale
30 REDWOOD DRIVESemi-Detached, Leasehold	09 Aug 1996	£42,500	First Sale
18 REDWOOD DRIVETerraced, Freehold	13 Oct 1995	£38,000	2.70%
18 REDWOOD DRIVETerraced, Freehold	01 Sep 1995	£37,000	First Sale
42 REDWOOD DRIVESemi-Detached, Freehold	07 Aug 1995	£37,000	First Sale

Check out the sold house prices near the B69 2HY postcode. Properties currently for saleProperties currently for rent

REDWOOD DRIVE, B69 2HY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B69 2HY 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 B69 2HY postcode.

Semi-Detached
- The average price is around £92,498 median price is £86,000 Standard Deviation is £47,013 with Total Sold: 745
- The Last 5 Year average price is £165,068 with Total Sold: 84
- The most recent sale happened at this postcode is , 26 TWYDALE AVENUE: £150,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 3 REGENT PLACE: £19,756 (Sold on 23 Jan 1995)
Terraced
- The average price is around £91,367 median price is £85,000 Standard Deviation is £46,890 with Total Sold: 731
- The Last 5 Year average price is £153,251 with Total Sold: 89
- The most recent sale happened at this postcode is , 5 THORNTON CLOSE: £237,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 95 MONINS AVENUE: £56,900 (Sold on 17 Mar 1995)
Flat
- The average price is around £55,795 median price is £53,500 Standard Deviation is £24,284 with Total Sold: 277
- The Last 5 Year average price is £76,041 with Total Sold: 29
- The most recent sale happened at this postcode is , 79 MONINS AVENUE: £95,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 21 BRINDLEFIELDS WAY: £26,950 (Sold on 28 Feb 1995)
Other
- The average price is around £948,013 median price is £426,000 Standard Deviation is £2,467,257 with Total Sold: 37
- The Last 5 Year average price is £1,213,245 with Total Sold: 22
- The most recent sale happened at this postcode is , 28 WARWICK GARDENS: £8,400 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is UNIT 1, BURNTREE INDUSTRIAL ESTATE GROVELAND ROAD: £250,000 (Sold on 28 Apr 2014)
Detached
- The average price is around £168,521 median price is £183,972 Standard Deviation is £70,167 with Total Sold: 236
- The Last 5 Year average price is £254,644 with Total Sold: 27
- The most recent sale happened at this postcode is , 96 DUDLEY ROAD WEST: £160,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is , 22 ELIZABETH MEWS: £41,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£178,333	£3,355	6
2023	£158,781	£2,181	16
2022	£180,488	£2,491	26
2021	£164,267	£2,026	15
2020	£153,250	£2,158	12
2019	£139,944	£2,164	9
2018	£135,639	£1,882	18
2017	£121,750	£1,788	8
2016	£127,611	£1,824	9
2015	£123,433	£1,470	15
2014	£106,464	£1,574	14
2013	£108,611	£1,528	9
2012	£105,893	£1,395	14
2011	£107,295	£1,515	10
2010	£103,150	£1,387	14
2009	£98,892	£1,429	19
2008	£131,028	£1,841	16
2007	£122,046	£1,760	41
2006	£117,424	£1,622	46
2005	£109,052	£1,567	38
2004	£104,055	£1,448	53
2003	£82,266	£1,265	35
2002	£60,144	£983	40
2001	£53,596	£803	45
2000	£49,645	£712	38
1999	£43,608	£708	32
1998	£49,454	£717	24
1997	£47,701	£718	28
1996	£47,259	£716	44
1995	£49,837	£770	51

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,400	£2,196	5
2023	£184,500	£2,588	10
2022	£147,540	£2,198	25
2021	£155,679	£2,019	24
2020	£140,375	£1,980	8
2019	£132,029	£1,853	17
2018	£121,804	£1,845	14
2017	£120,656	£1,713	24
2016	£118,596	£1,607	21
2015	£104,170	£1,673	16
2014	£91,198	£1,384	20
2013	£98,625	£1,302	12
2012	£109,114	£1,562	17
2011	£90,844	£1,379	16
2010	£91,500	£1,362	7
2009	£97,444	£1,352	9
2008	£116,309	£1,407	21
2007	£125,760	£1,647	56
2006	£125,438	£1,759	47
2005	£98,448	£1,634	22
2004	£95,611	£1,401	35
2003	£73,224	£1,118	33
2002	£63,253	£923	53
2001	£53,386	£805	29
2000	£43,906	£694	33
1999	£42,628	£633	25
1998	£41,997	£672	30
1997	£46,236	£662	21
1996	£44,476	£697	46
1995	£44,496	£683	35

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£93,750		2
2023	£73,125	£1,907	4
2022	£81,768	£1,902	11
2021	£62,833	£1,704	6
2020	£65,562	£1,528	4
2019	£93,250	£2,032	2
2018	£75,244	£1,610	8
2017	£62,895	£1,430	10
2016	£52,000	£1,466	5
2015	£56,375	£1,084	8
2014	£63,083	£1,231	6
2012	£48,590	£1,082	5
2011	£56,880	£1,191	5
2010	£46,000	£1,500	2
2009	£74,999	£1,373	4
2008	£65,625	£1,194	2
2007	£77,297	£1,616	15
2006	£72,622	£1,770	20
2005	£68,060	£1,656	10
2004	£79,432	£1,690	32
2003	£50,161	£1,284	17
2002	£39,535	£997	20
2001	£30,773	£750	11
2000	£32,000	£764	6
1999	£24,774	£664	10
1998	£33,057	£776	15
1997	£30,830	£789	13
1996	£31,912	£805	16
1995	£26,988	£800	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£3,172,530	£1,674	5
2022	£736,250		4
2021	£556,750	£1,426	5
2020	£1,250,000		2
2019	£433,333	£1,875	6
2018	£284,000		3
2017	£521,032		3
2016	£589,667		3
2015	£1,720,500		2
2014	£190,000	£1,053	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£235,000	£2,796	6
2022	£265,483	£3,049	6
2021	£243,000	£2,846	8
2020	£302,500	£2,275	3
2019	£255,250	£2,151	4
2018	£207,983	£2,026	3
2017	£141,357	£2,007	7
2016	£179,450	£1,937	8
2015	£181,750	£1,517	6
2014	£174,625	£2,062	4
2013	£176,900	£1,774	5
2012	£164,800	£1,783	5
2011	£170,167	£1,784	6
2009	£195,000	£1,741	2
2008	£207,100	£1,491	6
2007	£199,853	£1,940	24
2006	£209,031	£2,087	23
2005	£184,768	£1,696	37
2004	£194,963	£1,811	14
2003	£101,857	£1,074	7
2002	£91,642	£1,137	7
2001	£88,500	£881	3
2000	£71,430	£861	5
1999	£47,150	£734	6
1998	£113,362	£939	4
1997	£68,483		3
1996	£70,550	£755	11
1995	£63,877	£791	13

House Type in B69 2HY area

The most common house types in the B69 2HY postcode area are Detached (69), Semi-detached (35), and Terraced (10).

Total	114
Detached	69
Semi-detached	35
Terraced	10
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	57
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B69 2HY have 2 people in household (25), and 4 people in household (23).

2 people in household	25
4 people in household	23
3 people in household	22
1 person in household	15
5 people in household	15
6 people in household	6
7 people in household	6
8 or more people in household	2
0 people in household	0