Housing Market Analysis for TANWOOD CLOSE, B97 5YU

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

Overview of Sold House prices

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

Detached
- The average price is around £262,460 median price is £257,500 Standard Deviation is £103,009 with Total Sold: 44
- The Last 5 Year average price is £431,000 with Total Sold: 7
- The most recent sale happened at this postcode is 11 TANWOOD CLOSE: £430,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is 4 TANWOOD CLOSE: £117,000 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B97 5YU 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	£430,000	£4,388	1
2022	£451,667	£4,007	3
2021	£422,000	£3,126	1
2019	£405,000	£3,292	2
2018	£387,000	£4,899	1
2017	£350,000	£3,102	2
2016	£345,000	£2,156	1
2015	£332,500	£2,598	1
2014	£277,317	£2,450	3
2013	£275,000	£2,544	2
2012	£240,250	£2,977	2
2011	£302,500	£2,386	2
2010	£287,000	£1,560	1
2009	£273,000	£2,458	1
2005	£280,000		1
2004	£262,500	£2,266	2
2003	£235,000	£2,457	3
2002	£186,983	£1,390	3
2001	£166,000		1
2000	£158,967	£1,331	3
1999	£135,875	£1,333	4
1998	£130,000		1
1997	£144,950		1
1996	£103,500	£1,040	2

All the Sales in the TANWOOD CLOSE, B97 5YU

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

Address	Sold Date	Price	% Change
11 TANWOOD CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1983-1990	22 Sep 2023	£430,000	11.69%
	27 Aug 2019	£385,000	35.09%
	24 Sep 2013	£285,000	First Sale
4 TANWOOD CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	25 Nov 2022	£445,000	3.49%
	21 Oct 2022	£430,000	267.52%
	08 Mar 1996	£117,000	First Sale
15 TANWOOD CLOSEDetached, FreeholdArea: 160 Sq.mtrAge: 1983-1990	14 Jun 2022	£480,000	12.94%
	11 Oct 2019	£425,000	23.19%
	10 Jun 2016	£345,000	First Sale
16 TANWOOD CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 1983-1990	30 Sep 2021	£422,000	First Sale
6 TANWOOD CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1991-1995	19 Sep 2018	£387,000	54.80%
	30 May 2012	£250,000	First Sale
24 TANWOOD CLOSEDetached, FreeholdArea: 82.63 Sq.mtrAge: 1983-1990	22 Sep 2017	£340,000	47.51%
	22 Nov 2012	£230,500	-5.92%
	05 Dec 2003	£245,000	104.17%
	25 Jun 1999	£120,000	First Sale
20 TANWOOD CLOSEDetached, FreeholdArea: 172.3 Sq.mtrAge: 1976-1982	24 Jul 2017	£360,000	First Sale
27 TANWOOD CLOSEDetached, FreeholdArea: 128 Sq.mtrAge: 1983-1990	26 Nov 2015	£332,500	14.66%
	10 Sep 2004	£290,000	62.97%
	22 Mar 2002	£177,950	First Sale
2 TANWOOD CLOSEDetached, FreeholdArea: 123 Sq.mtrAge: 1983-1990	24 Jul 2014	£299,950	81.79%
	16 Nov 1999	£165,000	First Sale
12 TANWOOD CLOSEDetached, FreeholdArea: 118 Sq.mtrAge: 1983-1990	03 Jun 2014	£285,000	23.91%
	31 Oct 2003	£230,000	46.50%
	15 Jun 2000	£157,000	First Sale
13 TANWOOD CLOSEDetached, FreeholdArea: 99 Sq.mtrAge: 1983-1990	17 Jan 2014	£247,000	First Sale
5 TANWOOD CLOSEDetached, FreeholdArea: 121.60304 Sq.mtrAge: 1991-1995	21 Jun 2013	£265,000	First Sale
25 TANWOOD CLOSEDetached, FreeholdArea: 150.74 Sq.mtrAge: 1983-1990	03 Nov 2011	£285,000	First Sale
1 TANWOOD CLOSEDetached, FreeholdArea: 111.07 Sq.mtrAge: 1991-1995	29 Sep 2011	£320,000	17.22%
	03 Jul 2009	£273,000	103.73%
	08 Oct 1999	£134,000	First Sale
17 TANWOOD CLOSEDetached, FreeholdArea: 184 Sq.mtrAge: 1983-1990	01 Apr 2010	£287,000	First Sale
22 TANWOOD CLOSEDetached, Freehold	22 Apr 2005	£280,000	64.75%
22 TANWOOD CLOSEDetached, Freehold	07 Apr 2000	£169,950	First Sale
8 TANWOOD CLOSEDetached, Freehold	23 Jan 2004	£235,000	56.72%
8 TANWOOD CLOSEDetached, Freehold	19 Dec 2000	£149,950	First Sale
26 TANWOOD CLOSEDetached, Freehold	28 Nov 2003	£230,000	39.39%
	19 Apr 2002	£165,000	32.53%
	11 Jun 1999	£124,500	First Sale
14 TANWOOD CLOSEDetached, Freehold	04 Sep 2002	£218,000	First Sale
9 TANWOOD CLOSEDetached, Freehold	26 Oct 2001	£166,000	First Sale
10 TANWOOD CLOSEDetached, Freehold	08 Sep 1998	£130,000	First Sale
19 TANWOOD CLOSEDetached, Freehold	22 Aug 1997	£144,950	First Sale
21 TANWOOD CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1983-1990	30 Oct 1996	£90,000	First Sale

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

TANWOOD CLOSE, B97 5YU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £167,763 median price is £163,250 Standard Deviation is £84,061 with Total Sold: 62
- The Last 5 Year average price is £292,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 63 FOXHOLES LANE: £243,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 39 FOXHOLES LANE: £81,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £239,108 median price is £230,750 Standard Deviation is £114,064 with Total Sold: 554
- The Last 5 Year average price is £423,199 with Total Sold: 65
- The most recent sale happened at this postcode is , 90 FOXHOLES LANE: £600,000 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is , 81 UNDERWOOD CLOSE: £69,950 (Sold on 06 Jan 1995)
Terraced
- The average price is around £180,746 median price is £171,250 Standard Deviation is £78,141 with Total Sold: 26
- The Last 5 Year average price is £295,100 with Total Sold: 5
- The most recent sale happened at this postcode is , 52 FOXHOLES LANE: £275,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is , 2 UPLEADON CLOSE: £52,500 (Sold on 25 Aug 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£243,000		1
2023	£290,667	£3,610	3
2020	£345,000	£3,206	1
2018	£412,500	£2,474	2
2017	£249,950	£3,438	1
2016	£220,100	£2,198	1
2013	£199,333	£2,402	3
2012	£201,500	£2,205	2
2010	£176,500	£2,156	2
2009	£140,000	£2,033	1
2007	£198,800	£2,115	5
2006	£198,333	£2,052	3
2005	£151,750	£1,835	2
2004	£181,600	£1,738	5
2003	£159,500	£1,747	2
2002	£149,790	£2,436	5
2001	£133,725	£1,458	4
2000	£110,492	£1,114	6
1999	£91,802	£1,121	4
1997	£82,749	£1,069	5
1996	£75,000	£806	2
1995	£77,500	£793	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,667	£3,728	3
2023	£467,550	£3,883	9
2022	£449,333	£3,992	6
2021	£422,886	£3,427	22
2020	£379,875	£2,997	8
2019	£408,910	£3,147	17
2018	£359,010	£3,513	10
2017	£363,065	£2,882	13
2016	£325,708	£2,773	19
2015	£282,056	£2,452	9
2014	£280,069	£2,416	26
2013	£284,682	£2,297	11
2012	£301,818	£2,332	14
2011	£283,125	£2,291	14
2010	£279,041	£2,317	11
2009	£252,562	£2,352	8
2008	£274,405	£2,132	11
2007	£303,692	£2,232	18
2006	£294,636	£2,229	22
2005	£243,286	£2,121	14
2004	£248,208	£2,015	33
2003	£246,905	£1,959	21
2002	£187,500	£1,571	28
2001	£151,185	£1,244	23
2000	£147,175	£1,203	24
1999	£136,803	£1,166	33
1998	£129,666	£1,015	35
1997	£127,241	£984	56
1996	£109,772	£972	20
1995	£115,419	£816	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£308,000	£3,652	2
2022	£315,000	£4,138	2
2019	£229,500	£4,098	1
2018	£259,950	£2,857	1
2017	£270,000	£2,918	1
2016	£175,000	£3,646	1
2015	£182,750	£2,405	2
2014	£175,000	£2,303	1
2013	£188,500	£2,142	1
2012	£176,750	£2,398	2
2009	£165,000	£2,118	1
2008	£132,500	£1,791	1
2006	£159,250	£2,423	2
2004	£164,000	£2,158	1
2003	£121,000	£2,161	1
2002	£115,000	£1,513	1
2001	£104,317	£1,260	3
1995	£53,750	£1,120	2

House Type in B97 5YU area

The most common house types in the B97 5YU postcode area are Detached (103), Terraced (14), and Semi-detached (7).

Total	124
Detached	103
Terraced	14
Semi-detached	7
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 with a mortgage or loan (64), and Owned: Owns outright (60).

Owned: Owns with a mortgage or loan	64
Owned: Owns outright	60
Social rented: Rents from council or Local Authority	1
Private rented: Private landlord or letting agency	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B97 5YU have 2 people in household (54), and 3 people in household (32).

2 people in household	54
3 people in household	32
4 people in household	19
1 person in household	18
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0