Housing Market Analysis for WELL CLOSE, B97 5LU

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

Overview of Sold House prices

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

Terraced
- The average price is around £122,114 median price is £131,750 Standard Deviation is £44,888 with Total Sold: 68
- The Last 5 Year average price is £175,385 with Total Sold: 13
- The most recent sale happened at this postcode is 44 WELL CLOSE: £180,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is 47 WELL CLOSE: £39,950 (Sold on 17 Mar 1995)
Flat
- The average price is around £106,245 median price is £99,975 Standard Deviation is £12,788 with Total Sold: 10
- The Last 5 Year average price is £106,667 with Total Sold: 3
- The most recent sale happened at this postcode is APARTMENT 21, GLENDALE TERRACE WELL CLOSE: £125,000 (Sold on 18 Mar 2022)
- The first recorded sale happened at this postcode is FLAT 4, GLENDALE HOUSE, 45A WELL CLOSE: £90,000 (Sold on 14 Jul 2023)
Semi-Detached
- The average price is around £91,091 median price is £75,500 Standard Deviation is £36,516 with Total Sold: 11
- The most recent sale happened at this postcode is 67 WELL CLOSE: £150,000 (Sold on 07 Sep 2018)
- The first recorded sale happened at this postcode is 67 WELL CLOSE: £49,000 (Sold on 27 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B97 5LU 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	£180,000		1
2023	£188,333	£2,289	3
2022	£184,500	£2,229	2
2021	£177,000	£2,034	2
2020	£158,750	£1,657	2
2019	£164,833	£1,964	3
2018	£157,500	£1,994	1
2017	£152,000	£2,000	3
2016	£153,167	£1,749	6
2015	£138,250	£1,651	4
2013	£129,375	£1,483	4
2011	£122,500	£1,491	3
2010	£125,000	£1,207	1
2008	£122,375	£1,363	4
2007	£132,500	£1,581	5
2006	£123,250	£1,319	2
2005	£116,500	£1,377	5
2004	£112,000	£1,120	1
2002	£67,475	£730	2
2000	£63,083	£620	3
1999	£47,000	£581	4
1998	£53,550	£653	2
1997	£47,500	£490	2
1995	£40,317	£517	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£125,000		1
2021	£105,000	£1,944	1
2007	£125,000		2
2006	£98,150	£2,282	3
2004	£99,000	£2,182	2
2023	£90,000	£1,667	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£150,000	£1,389	1
2007	£139,000	£1,755	1
2006	£123,000	£1,414	1
2004	£114,750		2
2002	£75,500	£868	1
2001	£69,000	£793	1
2000	£56,500		1
1999	£64,500	£597	1
1997	£46,000	£529	1
1995	£49,000	£448	1

All the Sales in the WELL CLOSE, B97 5LU

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

Address	Sold Date	Price	% Change
44 WELL CLOSETerraced, Freehold	31 Jan 2024	£180,000	First Sale
21 WELL CLOSETerraced, FreeholdArea: 79.96 Sq.mtrAge: 1967-1975	01 Dec 2023	£195,000	19.27%
	23 Jun 2017	£163,500	30.80%
	24 May 2013	£125,000	First Sale
50 WELL CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	26 May 2023	£185,000	21.31%
	14 Aug 2017	£152,500	38.64%
	20 Jun 2008	£110,000	First Sale
8 WELL CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	28 Apr 2023	£185,000	37.04%
	22 Nov 2013	£135,000	12.50%
	04 Jul 2005	£120,000	First Sale
24 WELL CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	21 Apr 2022	£186,500	27.30%
	13 Jul 2007	£146,500	161.61%
	30 Jun 1999	£56,000	First Sale
APARTMENT 21, GLENDALE TERRACE WELL CLOSEFlat, Leasehold	18 Mar 2022	£125,000	0.0
APARTMENT 21, GLENDALE TERRACE WELL CLOSEFlat, Leasehold	30 Nov 2007	£125,000	First Sale
1 WELL CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	28 Feb 2022	£182,500	First Sale
FLAT 4, GLENDALE HOUSE, 45A WELL CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	19 Aug 2021	£105,000	6.06%
	12 Dec 2006	£99,000	-1.00%
	22 Oct 2004	£100,000	11.11%
	14 Jul 2023	£90,000	First Sale
29 WELL CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	26 Mar 2021	£175,000	First Sale
9 WELL CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	19 Mar 2021	£179,000	27.86%
	30 Jan 2015	£140,000	13.82%
	28 Jul 2006	£123,000	62.91%
	26 Apr 2002	£75,500	9.42%
	27 Apr 2001	£69,000	50.00%
	25 Jul 1997	£46,000	First Sale
2 WELL CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	16 Dec 2020	£177,500	9.57%
	19 Aug 2016	£162,000	15.71%
	18 Nov 2013	£140,000	25.00%
	15 Oct 2004	£112,000	80.65%
	31 Mar 2000	£62,000	26.53%
	17 Feb 1997	£49,000	First Sale
35 WELL CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-1975	13 Mar 2020	£140,000	First Sale
3 WELL CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1976-1982	13 Dec 2019	£179,000	6.87%
	13 May 2016	£167,500	25.00%
	07 Mar 2007	£134,000	First Sale
51 WELL CLOSETerraced, FreeholdArea: 79.16 Sq.mtrAge: 1967-1975	02 Dec 2019	£183,000	42.41%
	12 Aug 2011	£128,500	22.38%
	28 Jan 2011	£105,000	First Sale
47 WELL CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	10 May 2019	£132,500	12.77%
	30 Aug 2013	£117,500	194.12%
	17 Mar 1995	£39,950	First Sale
59 WELL CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	08 Nov 2018	£157,500	First Sale
67 WELL CLOSESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1967-1975	07 Sep 2018	£150,000	132.56%
	06 Dec 1999	£64,500	31.63%
	27 Oct 1995	£49,000	First Sale
42 WELL CLOSETerraced, Freehold	31 May 2017	£140,000	-3.45%
	11 Jan 2008	£145,000	16.00%
	19 Sep 2007	£125,000	First Sale
33 WELL CLOSETerraced, FreeholdArea: 88.02 Sq.mtrAge: 1967-1975	08 Nov 2016	£156,000	16.42%
	21 Jan 2011	£134,000	-0.37%
	08 May 2008	£134,500	13.03%
	04 Mar 2005	£119,000	First Sale
39 WELL CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1967-1975	05 Oct 2016	£155,500	First Sale
26 WELL CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	10 Jun 2016	£143,000	271.43%
	30 Mar 1995	£38,500	First Sale
43 WELL CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	24 Mar 2016	£135,000	First Sale
61 WELL CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	05 Oct 2015	£135,000	First Sale
7 WELL CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	10 Sep 2015	£140,500	First Sale
54 WELL CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	24 Jul 2015	£137,500	21.68%
	01 Jul 2005	£113,000	103.60%
	17 Sep 1999	£55,500	11.90%
	24 Mar 1998	£49,600	First Sale
12 WELL CLOSETerraced, FreeholdArea: 103.6 Sq.mtrAge: 1967-1975	29 Sep 2010	£125,000	127.27%
	07 Mar 2002	£55,000	First Sale
37 WELL CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	07 Nov 2008	£100,000	First Sale
APARTMENT 18, GLENDALE TERRACE WELL CLOSEFlat, Leasehold	30 Nov 2007	£125,000	First Sale
5 WELL CLOSETerraced, Freehold	03 Sep 2007	£131,000	First Sale
25 WELL CLOSESemi-Detached, FreeholdArea: 79.2 Sq.mtrAge: 1967-1975	20 Apr 2007	£139,000	First Sale
31 WELL CLOSETerraced, FreeholdArea: 87.12 Sq.mtrAge: 1967-1975	22 Jan 2007	£126,000	8.15%
	01 Mar 2005	£116,500	109.91%
	06 Aug 1999	£55,500	First Sale
FLAT 1, GLENDALE HOUSE, 45A WELL CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 2007 onwards	26 Sep 2006	£99,950	4.66%
	26 Jun 2006	£95,500	-2.55%
	26 Nov 2004	£98,000	First Sale
32 WELL CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-1975	11 Aug 2006	£120,000	First Sale
52 WELL CLOSETerraced, Freehold	08 Feb 2006	£126,500	First Sale
58 WELL CLOSETerraced, Freehold	03 Nov 2005	£114,000	First Sale
68 WELL CLOSESemi-Detached, Freehold	23 Jul 2004	£127,500	First Sale
56 WELL CLOSESemi-Detached, Freehold	16 Apr 2004	£102,000	80.53%
56 WELL CLOSESemi-Detached, Freehold	18 Aug 2000	£56,500	First Sale
63 WELL CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	09 Aug 2002	£79,950	280.71%
	26 Apr 1999	£21,000	First Sale
4 WELL CLOSETerraced, Freehold	07 Jul 2000	£69,250	20.43%
4 WELL CLOSETerraced, Freehold	30 Apr 1998	£57,500	First Sale
11 WELL CLOSETerraced, Freehold	02 May 2000	£58,000	First Sale
10 WELL CLOSETerraced, Freehold	14 Feb 1997	£46,000	8.24%
10 WELL CLOSETerraced, Freehold	02 Oct 1995	£42,500	First Sale

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

WELL CLOSE, B97 5LU Near By properties

Interactive Map

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

Detached
- The average price is around £233,117 median price is £224,000 Standard Deviation is £128,861 with Total Sold: 522
- The Last 5 Year average price is £396,133 with Total Sold: 72
- 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)
Semi-Detached
- The average price is around £133,509 median price is £132,638 Standard Deviation is £70,415 with Total Sold: 298
- The Last 5 Year average price is £226,143 with Total Sold: 42
- The most recent sale happened at this postcode is , 4 WYCHWOOD DRIVE: £265,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 24 ST PETERS CLOSE: £53,000 (Sold on 07 Apr 1995)
Terraced
- The average price is around £123,340 median price is £125,000 Standard Deviation is £54,306 with Total Sold: 596
- The Last 5 Year average price is £184,862 with Total Sold: 91
- 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)
Flat
- The average price is around £128,771 median price is £135,500 Standard Deviation is £50,572 with Total Sold: 186
- 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 £192,509 median price is £74,750 Standard Deviation is £216,415 with Total Sold: 8
- The Last 5 Year average price is £147,625 with Total Sold: 3
- The most recent sale happened at this postcode is , 3 WELFORD CLOSE: £12,625 (Sold on 24 May 2021)
- 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	£458,333	£3,178	6
2023	£575,417	£3,923	6
2022	£407,006	£3,648	17
2021	£404,652	£3,139	23
2020	£327,250	£2,771	8
2019	£289,583	£2,857	12
2018	£338,622	£2,705	16
2017	£352,688	£2,564	16
2016	£347,375	£2,591	8
2015	£273,055	£2,400	19
2014	£252,433	£2,208	15
2013	£260,147	£2,067	17
2012	£275,881	£2,176	13
2011	£211,200	£2,297	10
2010	£248,393	£2,100	15
2009	£314,833	£1,630	9
2008	£309,500	£2,061	7
2007	£269,853	£2,132	17
2006	£241,412	£1,954	20
2005	£318,011	£2,240	18
2004	£228,181	£1,802	19
2003	£213,143	£1,758	23
2002	£193,569	£1,676	31
2001	£169,566	£1,284	31
2000	£124,491	£1,067	24
1999	£129,423	£1,007	28
1998	£109,732	£933	17
1997	£77,932	£859	17
1996	£101,746	£890	25
1995	£100,669	£916	35

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,250		4
2023	£261,167	£2,967	6
2022	£240,833	£2,777	6
2021	£224,389	£2,781	9
2020	£215,591	£2,574	11
2019	£211,667	£4,683	6
2018	£182,333	£3,153	9
2017	£219,750	£2,342	4
2016	£207,000	£2,764	1
2015	£195,143	£2,173	7
2014	£189,300	£1,796	10
2013	£167,983	£1,869	6
2012	£169,950	£2,380	1
2011	£121,250	£2,114	2
2010	£147,000	£1,772	5
2009	£190,690	£1,978	5
2008	£150,600	£1,830	5
2007	£169,027	£1,922	15
2006	£163,819	£1,688	14
2005	£159,115	£1,830	13
2004	£155,657	£1,757	21
2003	£115,189	£1,384	19
2002	£101,303	£1,284	16
2001	£79,129	£1,055	14
2000	£77,977	£858	15
1999	£65,360	£823	15
1998	£59,087	£682	15
1997	£51,278	£735	16
1996	£53,328	£679	20
1995	£54,150	£661	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,714		7
2023	£196,692	£2,684	13
2022	£183,532	£2,567	20
2021	£203,828	£2,630	16
2020	£170,673	£2,178	15
2019	£164,922	£2,275	20
2018	£172,520	£2,282	22
2017	£155,839	£2,159	22
2016	£156,638	£2,139	28
2015	£148,541	£2,061	23
2014	£154,054	£2,009	23
2013	£126,858	£1,880	18
2012	£132,222	£1,590	9
2011	£116,481	£1,583	13
2010	£126,217	£1,698	9
2009	£139,600	£1,921	5
2008	£134,522	£1,834	13
2007	£143,267	£1,843	30
2006	£131,493	£1,718	24
2005	£128,446	£1,686	31
2004	£132,705	£1,684	45
2003	£112,650	£1,684	13
2002	£82,792	£1,149	24
2001	£75,287	£1,085	23
2000	£63,407	£935	29
1999	£55,493	£811	21
1998	£59,146	£772	23
1997	£44,322	£632	21
1996	£44,398	£688	23
1995	£49,346	£605	13

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	£145,111	£2,072	9
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	£155,750	£1,773	2
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
2021	£12,625	£153	1
2020	£430,000	£3,822	1
2019	£250	£3	1
2018	£582,500		1
2017	£128,400	£163	3
2015	£129,500	£1,136	1

House Type in B97 5LU area

The most common house types in the B97 5LU postcode area are Terraced (81), Flat (23), and Semi-detached (17).

Total	136
Terraced	81
Flat	23
Semi-detached	17
Detached	14
converted building	1
Shared house	0
commercial building	0
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 (44), and Private rented: Private landlord or letting agency (36).

Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	36
Owned: Owns outright	35
Social rented: Rents from council or Local Authority	11
Social rented: Other social rented	3
Private rented: Other private rented	3
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 5LU have 1 person in household (49), and 2 people in household (49).

1 person in household	49
2 people in household	49
3 people in household	20
4 people in household	15
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0