Housing Market Analysis for PROSPECT HILL, B97 4BY

Are you looking to understand B97 4BY 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 Redditch postcode.

For the location information and nearby amenities in the B97 4BY area, explore the B97 4BY Area information page.
For comprehensive crime statistics in the B97 4BY area, explore the B97 4BY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B97 4BY postcode area, The average prices are as follows,

Flat
- The average price is around £123,072 median price is £124,950 Standard Deviation is £24,234 with Total Sold: 25
- The Last 5 Year average price is £111,000 with Total Sold: 5
- The most recent sale happened at this postcode is 9, BRITISH MILLS, 80 PROSPECT HILL: £75,000 (Sold on 25 Apr 2024)
- The first recorded sale happened at this postcode is APARTMENT 2, 80 PROSPECT HILL: £117,500 (Sold on 02 Mar 2007)
Terraced
- The average price is around £151,250 median price is £150,000 Standard Deviation is £10,383 with Total Sold: 4
- The Last 5 Year average price is £161,250 with Total Sold: 2
- The most recent sale happened at this postcode is PUMP HOUSE PROSPECT HILL: £157,500 (Sold on 29 Oct 2021)
- The first recorded sale happened at this postcode is ENGINE HOUSE PROSPECT HILL: £142,500 (Sold on 20 Nov 2015)
Other
- The average price is around £120,000 median price is £120,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £120,000 with Total Sold: 1
- The most recent sale happened at this postcode is THE NEEDLE FACTORY, BRITISH MILLS PROSPECT HILL: £120,000 (Sold on 12 Nov 2019)
- The first recorded sale happened at this postcode is THE NEEDLE FACTORY, BRITISH MILLS PROSPECT HILL: £120,000 (Sold on 12 Nov 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average B97 4BY 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£75,000		1
2023	£85,000	£1,518	1
2022	£155,000		1
2021	£140,000		1
2020	£100,000	£1,786	1
2016	£138,054		2
2011	£116,000	£2,185	1
2010	£118,333	£2,003	3
2007	£126,764	£2,041	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£161,250	£2,225	2
2015	£141,250	£1,950	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£120,000		1

All the Sales in the PROSPECT HILL, B97 4BY

See the table below for more details on the sold house prices in the B97 4BY, Redditch postcode.

Address	Sold Date	Price	% Change
9, BRITISH MILLS, 80 PROSPECT HILLFlat, Leasehold	25 Apr 2024	£75,000	First Sale
17, BRITISH MILLS, 80 PROSPECT HILLFlat, LeaseholdArea: 56 Sq.mtrAge: before 1900	09 Jun 2023	£85,000	-15.00%
	20 May 2020	£100,000	First Sale
4, BRITISH MILLS, 80 PROSPECT HILLFlat, Leasehold	20 Jul 2022	£155,000	10.75%
4, BRITISH MILLS, 80 PROSPECT HILLFlat, Leasehold	24 Mar 2016	£139,950	First Sale
PUMP HOUSE PROSPECT HILLTerraced, FreeholdArea: 70 Sq.mtrAge: before 1900	29 Oct 2021	£157,500	12.50%
	20 Nov 2015	£140,000	First Sale
ENGINE HOUSE PROSPECT HILLTerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	30 Sep 2021	£165,000	15.79%
	20 Nov 2015	£142,500	First Sale
3, BRITISH MILLS, 80 PROSPECT HILLFlat, Leasehold	12 Feb 2021	£140,000	2.82%
3, BRITISH MILLS, 80 PROSPECT HILLFlat, Leasehold	11 Mar 2016	£136,157	First Sale
THE NEEDLE FACTORY, BRITISH MILLS PROSPECT HILLOther, Freehold	12 Nov 2019	£120,000	First Sale
APARTMENT 18, 80 PROSPECT HILLFlat, LeaseholdArea: 53.08 Sq.mtrAge: before 1900	15 Jul 2011	£116,000	First Sale
APARTMENT 3, 80 PROSPECT HILLFlat, LeaseholdArea: 82 Sq.mtrAge: 2003-2006	08 Apr 2010	£132,500	-6.69%
	09 Mar 2007	£142,000	First Sale
APARTMENT 17, 80 PROSPECT HILLFlat, LeaseholdArea: 56.45 Sq.mtrAge: 2007 onwards	08 Apr 2010	£132,500	6.04%
	12 Mar 2007	£124,950	First Sale
APARTMENT 8, 80 PROSPECT HILLFlat, LeaseholdArea: 44 Sq.mtrAge: 2003-2006	26 Mar 2010	£90,000	2.86%
	16 Mar 2007	£87,500	First Sale
APARTMENT 10, 80 PROSPECT HILLFlat, Leasehold	07 Nov 2007	£157,850	First Sale
APARTMENT 15, 80 PROSPECT HILLFlat, LeaseholdArea: 62.92 Sq.mtrAge: before 1900	08 Jun 2007	£129,000	First Sale
APARTMENT 19, 80 PROSPECT HILLFlat, Leasehold	23 Mar 2007	£129,950	First Sale
APARTMENT 4, 80 PROSPECT HILLFlat, LeaseholdArea: 73 Sq.mtrAge: 2003-2006	23 Mar 2007	£136,000	First Sale
APARTMENT 6, 80 PROSPECT HILLFlat, LeaseholdArea: 111 Sq.mtrAge: before 1900	16 Mar 2007	£180,000	First Sale
APARTMENT 14, 80 PROSPECT HILLFlat, Leasehold	16 Mar 2007	£124,950	First Sale
APARTMENT 9, 80 PROSPECT HILLFlat, LeaseholdArea: 44 Sq.mtrAge: 1996-2002	09 Mar 2007	£94,500	First Sale
APARTMENT 12, 80 PROSPECT HILLFlat, LeaseholdArea: 51 Sq.mtrAge: 1900-1929	09 Mar 2007	£115,000	First Sale
APARTMENT 11, 80 PROSPECT HILLFlat, Leasehold	09 Mar 2007	£116,000	First Sale
APARTMENT 1, 80 PROSPECT HILLFlat, Leasehold	07 Mar 2007	£119,500	First Sale
APARTMENT 2, 80 PROSPECT HILLFlat, LeaseholdArea: 47 Sq.mtrAge: 1900-1929	02 Mar 2007	£117,500	First Sale

Check out the sold house prices near the B97 4BY postcode. Properties currently for saleProperties currently for rent

PROSPECT HILL, B97 4BY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B97 4BY 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 B97 4BY postcode.

Semi-Detached
- The average price is around £147,511 median price is £146,000 Standard Deviation is £68,905 with Total Sold: 545
- The Last 5 Year average price is £238,473 with Total Sold: 103
- The most recent sale happened at this postcode is , 114 BIRMINGHAM ROAD: £320,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 2 MALLARD CLOSE: £53,950 (Sold on 09 Feb 1995)
Detached
- The average price is around £202,194 median price is £190,000 Standard Deviation is £97,572 with Total Sold: 160
- The Last 5 Year average price is £310,441 with Total Sold: 37
- The most recent sale happened at this postcode is , 155 EASEMORE ROAD: £435,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 28 HEWELL ROAD: £69,500 (Sold on 17 Feb 1995)
Terraced
- The average price is around £137,450 median price is £142,250 Standard Deviation is £60,206 with Total Sold: 408
- The Last 5 Year average price is £191,816 with Total Sold: 74
- The most recent sale happened at this postcode is , 34 MELEN STREET: £160,000 (Sold on 10 Jun 2024)
- The first recorded sale happened at this postcode is , 23 ARCHER ROAD: £25,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £116,640 median price is £115,759 Standard Deviation is £32,539 with Total Sold: 531
- The Last 5 Year average price is £133,440 with Total Sold: 200
- The most recent sale happened at this postcode is APARTMENT 21, PROSPECT VIEW CLIVE ROAD: £114,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 29 LYDHAM CLOSE: £54,000 (Sold on 29 Apr 1996)
Other
- The average price is around £604,781 median price is £300,000 Standard Deviation is £1,091,956 with Total Sold: 91
- The Last 5 Year average price is £516,448 with Total Sold: 48
- The most recent sale happened at this postcode is , UNIT 57 ENFIELD INDUSTRIAL ESTATE: £205,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , OAK HOUSE HERBERT STREET: £300,000 (Sold on 02 Jun 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,500	£2,816	4
2023	£251,969	£2,809	16
2022	£267,444	£2,801	18
2021	£235,161	£2,634	28
2020	£226,286	£2,130	14
2019	£210,725	£2,166	23
2018	£198,662	£2,376	32
2017	£207,500	£2,240	17
2016	£173,650	£1,866	10
2015	£176,879	£2,058	17
2014	£161,725	£1,814	26
2013	£155,790	£1,595	10
2012	£136,645	£1,626	10
2011	£155,446	£1,383	12
2010	£152,616	£1,693	24
2009	£152,805	£1,356	13
2008	£148,500	£1,362	8
2007	£156,181	£1,978	16
2006	£150,086	£1,748	20
2005	£149,693	£1,533	23
2004	£147,632	£1,495	17
2003	£122,694	£1,300	16
2002	£95,064	£1,166	22
2001	£84,318	£837	34
2000	£73,358	£760	18
1999	£64,661	£697	28
1998	£64,285	£796	13
1997	£57,225	£610	22
1996	£50,885	£536	13
1995	£52,824	£563	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£369,650		3
2023	£245,520	£2,215	5
2022	£339,219	£3,391	16
2021	£302,900	£2,681	5
2020	£288,962	£2,227	6
2019	£237,000	£2,946	2
2018	£250,333	£2,220	3
2017	£274,167	£2,482	6
2016	£246,500	£2,162	4
2015	£208,750	£1,485	4
2014	£201,188	£2,076	8
2013	£179,500	£1,853	2
2012	£168,167	£2,060	3
2011	£187,356	£1,775	7
2010	£179,236	£1,980	16
2009	£164,998	£1,655	2
2008	£190,000		1
2007	£258,750	£1,751	5
2006	£199,600	£1,815	5
2005	£209,125	£1,526	8
2004	£184,650	£1,682	6
2003	£156,990	£1,554	5
2002	£140,543	£1,247	7
2001	£101,840	£1,045	5
2000	£98,000		1
1999	£113,158	£820	6
1998	£69,488	£589	4
1997	£79,625	£784	4
1996	£63,250	£450	6
1995	£74,400	£710	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,667	£2,064	6
2023	£208,972	£2,494	9
2022	£204,250	£2,521	13
2021	£191,875	£2,026	16
2020	£194,654	£2,157	13
2019	£178,111	£1,812	17
2018	£192,749	£2,073	24
2017	£183,541	£1,881	11
2016	£164,850	£1,665	15
2015	£147,571	£1,679	14
2014	£143,234	£1,504	16
2013	£114,390	£1,451	5
2012	£153,292	£1,489	6
2011	£165,085	£1,506	26
2010	£165,398	£1,660	30
2009	£162,422	£1,538	20
2008	£134,772	£1,751	9
2007	£154,950	£1,850	15
2006	£130,300	£1,174	10
2005	£130,889	£1,312	14
2004	£106,069	£1,280	13
2003	£105,617	£1,149	12
2002	£73,358	£809	6
2001	£72,127	£860	15
2000	£60,810	£629	15
1999	£52,146	£502	13
1998	£48,464	£547	11
1997	£43,847	£426	15
1996	£38,278	£419	9
1995	£44,925	£560	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£113,625	£2,018	8
2023	£122,797	£2,233	28
2022	£135,170	£2,087	36
2021	£143,282	£2,079	33
2020	£132,988	£2,714	29
2019	£134,692	£2,527	66
2018	£101,767	£2,189	32
2017	£104,530	£1,878	20
2016	£115,529	£2,032	19
2015	£108,194	£1,783	18
2014	£99,361	£1,597	18
2013	£94,650	£1,523	10
2012	£89,588	£1,612	23
2011	£93,663	£1,628	45
2010	£114,095	£1,905	13
2009	£50,000	£714	1
2008	£101,500	£1,800	4
2007	£126,274	£2,201	51
2006	£121,295	£1,995	61
2005	£113,000	£2,568	1
2004	£103,000	£2,239	1
2003	£103,500	£2,156	1
2002	£55,250	£1,129	2
2000	£58,600	£1,095	4
1999	£36,650	£785	3
1998	£49,950	£996	1
1997	£45,500	£1,008	2
1996	£54,000	£1,125	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£182,333		3
2023	£391,902		12
2022	£286,409	£2,097	6
2021	£764,236	£3,494	13
2020	£306,875		4
2019	£665,866	£7,976	10
2018	£727,316	£5,296	14
2017	£338,073		15
2016	£946,700		10
2015	£200,000		1
2014	£1,775,000		3

House Type in B97 4BY area

The most common house types in the B97 4BY postcode area are Semi-detached (110), Detached (58), and Terraced (22).

Total	220
Semi-detached	110
Detached	58
Terraced	22
Flat	17
converted building	9
Shared house	3
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (63), and Owned: Owns outright (58).

Owned: Owns with a mortgage or loan	63
Owned: Owns outright	58
Social rented: Other social rented	51
Private rented: Private landlord or letting agency	18
Shared ownership: Shared ownership	15
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	5
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the B97 4BY have 1 person in household (65), and 2 people in household (64).

1 person in household	65
2 people in household	64
4 people in household	33
3 people in household	32
5 people in household	14
6 people in household	4
7 people in household	2
8 or more people in household	2
0 people in household	0