Housing Market Analysis for LOWER GRINSTY LANE, B97 5PJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £414,600 median price is £390,000 Standard Deviation is £190,712 with Total Sold: 15
    • The Last 5 Year average price is £680,000 with Total Sold: 1
    • The most recent sale happened at this postcode is LOWER GRINSTY FARMHOUSE, 15 LOWER GRINSTY LANE: £680,000 (Sold on 16 Dec 2020)
    • The first recorded sale happened at this postcode is 5 LOWER GRINSTY LANE: £160,000 (Sold on 16 Mar 1995)
  • Terraced
    • The average price is around £81,000 median price is £81,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, ALDERS COURT GREEN LANE: £81,000 (Sold on 21 Jan 2014)
    • The first recorded sale happened at this postcode is 3, ALDERS COURT GREEN LANE: £81,000 (Sold on 21 Jan 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average B97 5PJ 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
2020£680,0001
2017£502,500 £5,262 2
2016£560,000 £2,932 1
2013£382,000 £1,690 1
2011£610,000 £3,570 2
2009£175,0001
2007£367,0001
2005£390,000 £2,932 1
2001£375,000 £1,661 2
1999£390,000 £1,079 1
1996£140,0001
1995£160,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£81,0001

All the Sales in the LOWER GRINSTY LANE, B97 5PJ

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

AddressSold DatePrice% Change
LOWER GRINSTY FARMHOUSE, 15 LOWER GRINSTY LANEDetached, Freehold16 Dec 2020£680,000First Sale
2 LOWER GRINSTY LANEDetached, FreeholdArea: 133 Sq.mtrAge: 1967-197502 Aug 2017£485,00024.36%
26 Jan 2005£390,000First Sale
6 LOWER GRINSTY LANEDetached, FreeholdArea: 75.6 Sq.mtrAge: 1976-198209 Feb 2017£520,00044.44%
23 Mar 2011£360,000First Sale
12 LOWER GRINSTY LANEDetached, FreeholdArea: 191 Sq.mtrAge: 1976-198224 Mar 2016£560,000First Sale
3, ALDERS COURT GREEN LANETerraced, Freehold21 Jan 2014£81,000First Sale
10 LOWER GRINSTY LANEDetached, FreeholdArea: 226 Sq.mtrAge: 1967-197519 Feb 2013£382,000First Sale
WELBROOK HOUSE GREEN LANEDetached, FreeholdArea: 361.5 Sq.mtrAge: before 190017 Jun 2011£860,00072.00%
08 Jun 2001£500,00028.21%
19 Nov 1999£390,000First Sale
8 LOWER GRINSTY LANEDetached, Freehold02 Feb 2009£175,000First Sale
4 LOWER GRINSTY LANEDetached, Freehold31 Aug 2007£367,000162.14%
02 Oct 1996£140,000First Sale
13 LOWER GRINSTY LANEDetached, FreeholdArea: 129 Sq.mtrAge: 1967-197529 Aug 2001£250,000First Sale
5 LOWER GRINSTY LANEDetached, Freehold16 Mar 1995£160,000First Sale

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

LOWER GRINSTY LANE, B97 5PJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £237,063 median price is £227,000 Standard Deviation is £123,341 with Total Sold: 165
    • The Last 5 Year average price is £421,923 with Total Sold: 13
    • The most recent sale happened at this postcode is , 16 UNDERWOOD CLOSE: £350,000 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is , 81 UNDERWOOD CLOSE: £69,950 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £163,355 median price is £169,950 Standard Deviation is £48,675 with Total Sold: 13
    • The most recent sale happened at this postcode is , 13 UNDERWOOD CLOSE: £249,950 (Sold on 16 Jan 2017)
    • The first recorded sale happened at this postcode is , 35 UNDERWOOD CLOSE: £90,210 (Sold on 15 Oct 1999)
  • Terraced
    • The average price is around £101,650 median price is £111,950 Standard Deviation is £14,602 with Total Sold: 3
    • The most recent sale happened at this postcode is 3, ALDERS COURT GREEN LANE: £81,000 (Sold on 21 Jan 2014)
    • The first recorded sale happened at this postcode is , 30 UNDERWOOD CLOSE: £112,000 (Sold on 19 Oct 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£350,000 £3,529 2
2021£420,625 £3,546 8
2020£680,0001
2019£370,000 £2,819 2
2018£333,000 £3,028 2
2017£381,771 £3,627 7
2016£337,279 £3,079 7
2015£261,375 £2,515 4
2014£212,500 £2,364 4
2013£279,833 £2,350 6
2012£281,390 £2,444 5
2011£374,542 £2,506 6
2010£262,988 £2,270 4
2009£205,750 £2,451 4
2008£310,700 £2,351 5
2007£286,600 £2,612 5
2006£239,444 £2,473 9
2005£253,250 £2,427 6
2004£242,735 £1,672 10
2003£237,490 £2,341 5
2002£167,150 £1,630 5
2001£196,645 £1,562 10
2000£136,112 £1,384 4
1999£147,662 £1,074 12
1998£118,707 £972 7
1997£126,992 £801 6
1996£91,161 £907 9
1995£101,970 £887 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£249,950 £3,438 1
2013£201,500 £2,629 2
2012£173,000 £2,272 1
2010£195,000 £2,682 1
2007£182,500 £1,839 2
2002£127,5001
2001£144,975 £1,463 2
2000£115,000 £1,029 2
1999£90,210 £1,289 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£81,0001
2001£111,975 £1,260 2

House Type in B97 5PJ area

The most common house types in the B97 5PJ postcode area are Detached (126), Semi-detached (1), and Terraced (0).

Total127
Detached126
Semi-detached1
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (57).

Owned: Owns outright66
Owned: Owns with a mortgage or loan57
Social rented: Rents from council or Local Authority3
Social rented: Other social rented1
Private rented: Private landlord or letting agency1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B97 5PJ have 2 people in household (52), and 3 people in household (28).

2 people in household52
3 people in household28
4 people in household27
1 person in household12
5 people in household5
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0