Housing Market Analysis for BANNERS LANE, B97 5LS

Are you looking to understand B97 5LS 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 5LS area, explore the B97 5LS Area information page.
For comprehensive crime statistics in the B97 5LS area, explore the B97 5LS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B97 5LS postcode area, The average prices are as follows,

Terraced
- The average price is around £131,700 median price is £142,500 Standard Deviation is £55,271 with Total Sold: 28
- The Last 5 Year average price is £189,250 with Total Sold: 8
- The most recent sale happened at this postcode is 8 BANNERS LANE: £210,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is 59 BANNERS LANE: £242,500 (Sold on 09 Aug 2024)
Flat
- The average price is around £71,000 median price is £73,000 Standard Deviation is £33,160 with Total Sold: 5
- The Last 5 Year average price is £107,500 with Total Sold: 2
- The most recent sale happened at this postcode is 31 BANNERS LANE: £105,000 (Sold on 25 Jul 2023)
- The first recorded sale happened at this postcode is 29 BANNERS LANE: £32,000 (Sold on 27 Mar 1998)
Semi-Detached
- The average price is around £118,333 median price is £110,000 Standard Deviation is £55,428 with Total Sold: 3
- The most recent sale happened at this postcode is 4 BANNERS LANE: £190,000 (Sold on 26 Oct 2018)
- The first recorded sale happened at this postcode is 57 BANNERS LANE: £55,000 (Sold on 16 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average B97 5LS 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,250		2
2023	£188,000	£2,247	2
2022	£168,500	£2,106	1
2021	£195,000	£2,500	1
2020	£160,000	£1,975	1
2019	£162,000	£1,884	1
2018	£169,000	£2,061	2
2017	£152,333	£1,813	3
2015	£143,000	£1,833	1
2014	£138,000	£1,605	1
2012	£120,000	£1,538	1
2008	£136,500	£1,617	2
2005	£113,000		2
2004	£95,500	£1,152	2
2001	£66,500	£853	1
1999	£51,475	£574	2
1998	£46,500		1
1997	£25,650	£298	1
1996	£46,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£105,000	£2,234	1
2019	£110,000	£2,360	1
2011	£73,000	£1,566	1
2002	£35,000	£751	1
1998	£32,000	£686	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£190,000	£1,979	1
2005	£110,000	£1,410	1
1999	£55,000		1

All the Sales in the BANNERS LANE, B97 5LS

See the table below for more details on the sold house prices in the B97 5LS, Redditch postcode.

Address	Sold Date	Price	% Change
8 BANNERS LANETerraced, Freehold	28 Feb 2024	£210,000	30.43%
	24 Mar 2017	£161,000	5.23%
	24 Feb 2017	£153,000	16.79%
	29 Feb 2008	£131,000	First Sale
31 BANNERS LANEFlat, LeaseholdArea: 47 Sq.mtrAge: 1976-1982	25 Jul 2023	£105,000	First Sale
12 BANNERS LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	28 Jun 2023	£225,000	33.93%
	10 May 2018	£168,000	First Sale
19 BANNERS LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1976-1982	24 May 2022	£168,500	17.83%
	06 Apr 2017	£143,000	First Sale
47 BANNERS LANETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	06 Dec 2021	£195,000	36.36%
	04 Sep 2015	£143,000	115.04%
	12 Jan 2001	£66,500	First Sale
14 BANNERS LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	06 Nov 2020	£160,000	First Sale
29 BANNERS LANEFlat, LeaseholdArea: 46.62 Sq.mtrAge: 1976-1982	21 Jun 2019	£110,000	50.68%
	20 May 2011	£73,000	108.57%
	24 May 2002	£35,000	9.38%
	27 Mar 1998	£32,000	First Sale
55 BANNERS LANETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	12 Apr 2019	£162,000	17.39%
	08 May 2014	£138,000	43.75%
	17 Mar 2004	£96,000	274.27%
	03 Nov 1997	£25,650	First Sale
4 BANNERS LANESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1976-1982	26 Oct 2018	£190,000	First Sale
3 BANNERS LANETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-1975	23 Jul 2018	£170,000	19.72%
	11 Apr 2008	£142,000	First Sale
20 BANNERS LANETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	23 Nov 2012	£120,000	First Sale
18 BANNERS LANETerraced, Freehold	26 May 2005	£112,000	First Sale
11 BANNERS LANETerraced, Freehold	24 Mar 2005	£114,000	147.83%
11 BANNERS LANETerraced, Freehold	15 Nov 1996	£46,000	First Sale
45 BANNERS LANESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1976-1982	25 Feb 2005	£110,000	First Sale
10 BANNERS LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1983-1990	16 Mar 2004	£95,000	First Sale
49 BANNERS LANETerraced, FreeholdArea: 81.84 Sq.mtrAge: 1976-1982	29 Oct 1999	£47,000	First Sale
13 BANNERS LANETerraced, Freehold	19 Aug 1999	£55,950	First Sale
57 BANNERS LANESemi-Detached, Freehold	16 Apr 1999	£55,000	First Sale
17 BANNERS LANETerraced, Freehold	28 Sep 1998	£46,500	First Sale
59 BANNERS LANETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	16 Oct 2023	£151,000	-37.73%
	09 Aug 2024	£242,500	First Sale

Check out the sold house prices near the B97 5LS postcode. Properties currently for saleProperties currently for rent

BANNERS LANE, B97 5LS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B97 5LS 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 5LS postcode.

Detached
- The average price is around £254,106 median price is £245,000 Standard Deviation is £129,114 with Total Sold: 519
- The Last 5 Year average price is £416,593 with Total Sold: 70
- The most recent sale happened at this postcode is , 60 TOWBURY CLOSE: £470,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 110 ENFIELD ROAD: £60,000 (Sold on 16 Jan 1995)
Terraced
- The average price is around £126,677 median price is £128,262 Standard Deviation is £55,731 with Total Sold: 534
- The Last 5 Year average price is £185,672 with Total Sold: 84
- The most recent sale happened at this postcode is , 59 BANNERS LANE: £242,500 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 60 CRABBS CROSS LANE: £55,000 (Sold on 19 Jan 1995)
Semi-Detached
- The average price is around £134,984 median price is £132,638 Standard Deviation is £71,152 with Total Sold: 252
- The Last 5 Year average price is £223,500 with Total Sold: 32
- The most recent sale happened at this postcode is , 38 BANNERS LANE: £205,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is , 24 ST PETERS CLOSE: £53,000 (Sold on 07 Apr 1995)
Flat
- The average price is around £128,233 median price is £135,000 Standard Deviation is £50,573 with Total Sold: 184
- The Last 5 Year average price is £134,471 with Total Sold: 35
- The most recent sale happened at this postcode is FLAT 18, PINNACLE HOUSE, 632 EVESHAM ROAD: £210,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 20 SLIMBRIDGE CLOSE: £29,750 (Sold on 08 Sep 1995)
Other
- The average price is around £236,416 median price is £242,250 Standard Deviation is £209,183 with Total Sold: 8
- The Last 5 Year average price is £199,831 with Total Sold: 4
- The most recent sale happened at this postcode is , 9 STONEPITS LANE: £14,075 (Sold on 26 Sep 2022)
- The first recorded sale happened at this postcode is , 104 BANNERS LANE: £129,500 (Sold on 04 Sep 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£470,333		6
2023	£533,875	£3,846	8
2022	£444,364	£3,513	11
2021	£407,778	£3,151	27
2020	£373,125	£2,740	8
2019	£318,550	£2,847	10
2018	£363,318	£2,693	14
2017	£353,781	£2,602	16
2016	£358,594	£2,641	16
2015	£300,600	£2,356	15
2014	£272,538	£2,330	13
2013	£280,869	£2,114	23
2012	£292,406	£2,134	17
2011	£303,955	£2,282	11
2010	£260,053	£2,113	19
2009	£309,188	£1,818	8
2008	£303,222	£2,073	9
2007	£283,553	£2,162	18
2006	£282,850	£2,077	14
2005	£307,722	£2,136	23
2004	£243,870	£2,000	20
2003	£225,991	£1,775	22
2002	£193,376	£1,580	35
2001	£184,841	£1,247	28
2000	£146,342	£1,163	20
1999	£142,145	£999	30
1998	£126,743	£912	14
1997	£82,050	£862	14
1996	£108,374	£902	27
1995	£99,581	£800	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,714		7
2023	£198,038	£2,767	13
2022	£178,596	£2,472	17
2021	£205,141	£2,558	16
2020	£171,925	£2,211	12
2019	£166,603	£2,264	19
2018	£179,585	£2,322	23
2017	£150,548	£2,166	20
2016	£156,167	£2,177	23
2015	£149,022	£2,148	18
2014	£158,250	£2,067	21
2013	£126,858	£1,880	18
2012	£134,750	£1,636	8
2011	£123,500	£1,660	11
2010	£120,167	£1,649	6
2009	£128,750	£1,738	6
2008	£134,522	£1,834	13
2007	£149,722	£1,940	27
2006	£136,342	£1,770	20
2005	£128,547	£1,737	28
2004	£136,878	£1,688	43
2003	£111,318	£1,698	11
2002	£92,158	£1,233	25
2001	£91,193	£1,188	23
2000	£62,319	£960	24
1999	£50,282	£772	19
1998	£58,653	£781	19
1997	£42,994	£628	17
1996	£45,162	£743	17
1995	£40,355	£516	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,667		3
2023	£257,250	£3,194	4
2022	£240,833	£2,777	6
2021	£224,389	£2,781	9
2020	£217,250	£2,691	6
2019	£198,750	£5,505	4
2018	£182,333	£3,153	9
2017	£219,750	£2,342	4
2016	£207,000	£2,764	1
2015	£201,500	£2,223	5
2014	£198,625	£1,749	8
2013	£168,250	£1,888	4
2012	£194,975	£2,259	2
2011	£121,250	£2,114	2
2010	£175,000	£1,801	3
2009	£190,690	£1,978	5
2008	£159,300	£1,922	5
2007	£170,300	£1,981	13
2006	£166,622	£1,627	10
2005	£171,541	£1,915	12
2004	£162,812	£1,892	17
2003	£116,062	£1,394	16
2002	£101,960	£1,284	15
2001	£84,850	£1,105	15
2000	£79,638	£877	12
1999	£75,538	£820	12
1998	£61,891	£686	11
1997	£51,961	£775	14
1996	£52,378	£697	16
1995	£54,017	£645	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,500		2
2023	£130,833	£2,355	9
2022	£154,250	£2,272	4
2021	£120,900	£2,049	5
2020	£134,312	£2,050	8
2019	£130,571	£2,145	7
2018	£127,400	£2,028	10
2017	£139,150	£2,232	3
2016	£142,000	£2,125	8
2015	£83,238	£1,827	4
2014	£83,750	£1,804	2
2013	£138,000	£1,901	1
2012	£134,950	£1,721	2
2011	£101,325	£1,743	2
2010	£125,000	£1,851	1
2009	£102,500	£1,375	2
2008	£114,000	£2,508	2
2007	£123,404	£2,646	12
2006	£134,141	£2,416	17
2005	£171,115	£2,484	54
2004	£87,800	£1,912	5
2003	£70,500		1
2002	£51,750	£751	4
2001	£49,833	£1,329	3
2000	£36,833	£737	3
1999	£32,500	£712	3
1998	£33,917	£724	3
1997	£29,167	£667	3
1996	£37,000	£898	1
1995	£30,083	£542	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£14,075		1
2021	£355,000	£2,983	1
2020	£430,000	£3,822	1
2019	£250	£3	1
2018	£582,500		1
2017	£190,000	£163	2
2015	£129,500	£1,136	1

House Type in B97 5LS area

The most common house types in the B97 5LS postcode area are Terraced (79), Semi-detached (17), and Detached (6).

Total	108
Terraced	79
Semi-detached	17
Detached	6
Flat	5
Shared house	1
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 (30), and Social rented: Rents from council or Local Authority (30).

Owned: Owns outright	30
Social rented: Rents from council or Local Authority	30
Owned: Owns with a mortgage or loan	27
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B97 5LS have 1 person in household (45), and 2 people in household (26).

1 person in household	45
2 people in household	26
3 people in household	17
4 people in household	11
5 people in household	7
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0