Housing Market Analysis for OFFWELL CLOSE, B98 0FJ

Are you looking to understand B98 0FJ 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 B98 0FJ area, explore the B98 0FJ Area information page.
For comprehensive crime statistics in the B98 0FJ area, explore the B98 0FJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B98 0FJ postcode area, The average prices are as follows,

Detached
- The average price is around £187,538 median price is £159,500 Standard Deviation is £78,898 with Total Sold: 36
- The Last 5 Year average price is £326,900 with Total Sold: 5
- The most recent sale happened at this postcode is 8 OFFWELL CLOSE: £355,000 (Sold on 31 May 2023)
- The first recorded sale happened at this postcode is 11 OFFWELL CLOSE: £122,995 (Sold on 15 Oct 1998)
Semi-Detached
- The average price is around £156,998 median price is £156,998 Standard Deviation is £40,002 with Total Sold: 2
- The most recent sale happened at this postcode is 9 OFFWELL CLOSE: £197,000 (Sold on 28 Mar 2004)
- The first recorded sale happened at this postcode is 9 OFFWELL CLOSE: £116,995 (Sold on 18 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 0FJ 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	£355,000	£3,586	1
2021	£352,250	£3,144	2
2020	£265,000	£3,011	1
2019	£310,000	£3,010	1
2017	£315,000	£2,739	1
2015	£239,950	£2,474	1
2014	£232,000	£1,885	1
2013	£240,000	£2,017	1
2011	£223,500	£2,028	1
2009	£220,000	£1,996	1
2008	£250,000	£2,101	1
2007	£243,000	£2,205	1
2005	£180,000	£1,856	1
2004	£211,498	£1,968	2
2003	£189,950	£1,508	1
2002	£151,725	£1,326	4
2001	£126,670	£1,281	3
2000	£107,000	£1,216	1
1999	£114,600	£1,054	5
1998	£115,597	£1,030	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£197,000		1
1998	£116,995		1

All the Sales in the OFFWELL CLOSE, B98 0FJ

See the table below for more details on the sold house prices in the B98 0FJ, Redditch postcode.

Address	Sold Date	Price	% Change
8 OFFWELL CLOSEDetached, FreeholdArea: 99 Sq.mtrAge: 1991-1995	31 May 2023	£355,000	93.99%
	22 Dec 2004	£183,000	93.65%
	26 Mar 1999	£94,500	First Sale
12 OFFWELL CLOSEDetached, FreeholdArea: 129 Sq.mtrAge: 1996-2002	28 May 2021	£381,500	172.50%
	28 Jan 1999	£140,000	First Sale
3 OFFWELL CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1996-2002	07 May 2021	£323,000	34.61%
	06 Nov 2015	£239,950	33.31%
	24 Mar 2005	£180,000	46.34%
	24 Aug 2001	£123,000	36.67%
	27 Nov 1998	£90,000	First Sale
7 OFFWELL CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 1996-2002	06 Jan 2020	£265,000	108.66%
	05 Oct 2001	£127,000	18.69%
	24 Aug 2000	£107,000	13.23%
	05 Feb 1999	£94,500	First Sale
10 OFFWELL CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	22 Nov 2019	£310,000	167.25%
	26 Nov 1998	£115,995	First Sale
11 OFFWELL CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1996-2002	27 Oct 2017	£315,000	31.25%
	04 Nov 2004	£239,995	55.84%
	02 May 2002	£154,000	18.45%
	07 Feb 2001	£130,010	5.70%
	15 Oct 1998	£122,995	First Sale
1 OFFWELL CLOSEDetached, FreeholdArea: 123.1 Sq.mtrAge: 1996-2002	08 Aug 2014	£232,000	22.14%
	26 Jun 2003	£189,950	51.97%
	30 Oct 1998	£124,995	First Sale
2 OFFWELL CLOSEDetached, FreeholdArea: 119 Sq.mtrAge: 1983-1990	11 Dec 2013	£240,000	-4.00%
	17 Mar 2008	£250,000	51.52%
	23 Jul 2002	£165,000	34.15%
	30 Dec 1998	£122,995	First Sale
4 OFFWELL CLOSEDetached, FreeholdArea: 110.2 Sq.mtrAge: 1996-2002	31 Aug 2011	£223,500	1.59%
	26 Oct 2009	£220,000	-9.47%
	07 Sep 2007	£243,000	76.15%
	20 May 2002	£137,950	13.54%
	26 Feb 1999	£121,500	First Sale
9 OFFWELL CLOSESemi-Detached, Freehold	28 Mar 2004	£197,000	68.38%
9 OFFWELL CLOSESemi-Detached, Freehold	18 Dec 1998	£116,995	First Sale
6 OFFWELL CLOSEDetached, Freehold	05 Apr 2002	£149,950	28.60%
6 OFFWELL CLOSEDetached, Freehold	23 Dec 1998	£116,600	First Sale
5 OFFWELL CLOSEDetached, Freehold	26 Feb 1999	£122,500	First Sale

Check out the sold house prices near the B98 0FJ postcode. Properties currently for saleProperties currently for rent

OFFWELL CLOSE, B98 0FJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B98 0FJ 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 B98 0FJ postcode.

Flat
- The average price is around £127,890 median price is £130,000 Standard Deviation is £41,438 with Total Sold: 201
- The Last 5 Year average price is £156,476 with Total Sold: 41
- The most recent sale happened at this postcode is 27, IPSLEY MANOR BERRINGTON CLOSE: £190,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 22 SUTTON CLOSE: £44,500 (Sold on 07 Feb 1995)
Terraced
- The average price is around £111,904 median price is £110,250 Standard Deviation is £50,865 with Total Sold: 664
- The Last 5 Year average price is £181,674 with Total Sold: 95
- The most recent sale happened at this postcode is , 10 SUTTON CLOSE: £190,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 12 GRENDON CLOSE: £33,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £110,554 median price is £110,000 Standard Deviation is £58,417 with Total Sold: 339
- The Last 5 Year average price is £188,900 with Total Sold: 45
- The most recent sale happened at this postcode is , 13 QUINTON CLOSE: £210,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 4 ASHORNE CLOSE: £36,500 (Sold on 13 Feb 1995)
Detached
- The average price is around £217,765 median price is £208,250 Standard Deviation is £112,066 with Total Sold: 265
- The Last 5 Year average price is £349,287 with Total Sold: 53
- The most recent sale happened at this postcode is , 27 WOLVERTON CLOSE: £480,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 5 TYSOE CLOSE: £102,500 (Sold on 27 Apr 1995)
Other
- The average price is around £1,631,268 median price is £162,500 Standard Deviation is £5,216,736 with Total Sold: 14
- The Last 5 Year average price is £2,407,867 with Total Sold: 9
- The most recent sale happened at this postcode is , 1 GLEBE CLOSE: £297,000 (Sold on 04 Aug 2022)
- The first recorded sale happened at this postcode is , THE OLD RECTORY IPSLEY LANE: £800,000 (Sold on 25 Jul 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,667		3
2023	£148,819	£2,325	4
2022	£173,545	£2,600	11
2021	£159,086	£2,535	11
2020	£137,160	£2,583	5
2019	£128,214	£2,092	7
2018	£162,875	£2,415	8
2017	£156,208	£2,044	6
2016	£134,482	£2,394	14
2015	£121,600	£2,023	5
2014	£141,563	£1,923	41
2013	£107,200	£1,854	5
2012	£116,000	£2,182	1
2011	£116,333	£2,154	3
2010	£121,000	£2,153	1
2009	£101,475	£1,624	2
2008	£120,000	£2,609	1
2007	£119,833	£1,550	3
2006	£125,468	£2,384	38
2005	£106,631	£2,121	8
2004	£67,500	£1,439	2
2003	£77,725	£1,261	2
2002	£48,612	£928	4
2001	£57,000	£648	1
2000	£76,042	£789	6
1999	£45,250	£562	2
1998	£37,950	£492	2
1997	£33,000	£588	2
1995	£33,167	£528	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£196,167		9
2023	£219,167	£2,818	6
2022	£196,432	£2,567	22
2021	£177,091	£2,179	22
2020	£178,733	£2,035	15
2019	£156,190	£1,899	21
2018	£147,021	£1,708	21
2017	£151,916	£1,746	19
2016	£158,846	£1,780	23
2015	£136,839	£1,667	31
2014	£130,310	£1,499	21
2013	£115,056	£1,337	9
2012	£118,500	£1,267	15
2011	£121,700	£1,457	10
2010	£121,846	£1,405	13
2009	£111,968	£1,317	17
2008	£115,381	£1,457	13
2007	£125,496	£1,481	47
2006	£125,817	£1,475	36
2005	£108,234	£1,245	19
2004	£109,534	£1,269	52
2003	£88,554	£1,052	35
2002	£72,863	£835	39
2001	£61,432	£711	25
2000	£53,694	£630	34
1999	£49,296	£610	23
1998	£45,798	£552	18
1997	£44,235	£486	20
1996	£34,240	£399	11
1995	£40,017	£472	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£185,000	£2,493	3
2023	£206,625	£2,542	8
2022	£209,444	£2,565	9
2021	£177,000	£1,990	9
2020	£202,250	£2,234	6
2019	£160,100	£1,967	10
2018	£201,439	£2,306	9
2017	£147,222	£1,865	9
2016	£155,300	£1,862	5
2015	£157,590	£1,789	5
2014	£149,950	£1,578	10
2013	£122,188	£1,568	4
2012	£124,214	£1,690	7
2011	£120,249	£1,269	8
2010	£124,171	£1,634	7
2009	£143,856	£1,808	9
2008	£124,933	£1,410	9
2007	£125,400	£1,336	11
2006	£130,057	£1,552	27
2005	£129,243	£1,594	14
2004	£135,681	£1,537	11
2003	£94,795	£1,118	11
2002	£77,804	£929	27
2001	£63,584	£763	14
2000	£52,322	£640	16
1999	£54,704	£598	20
1998	£53,146	£566	29
1997	£47,744	£590	8
1996	£43,210	£504	15
1995	£48,661	£564	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£480,000	£3,556	1
2023	£390,192	£3,605	13
2022	£406,417	£3,394	6
2021	£352,053	£3,131	19
2020	£279,417	£2,987	6
2019	£269,462	£2,728	8
2018	£294,900	£2,651	5
2017	£290,550	£2,660	9
2016	£255,564	£2,339	7
2015	£289,022	£2,167	9
2014	£221,381	£2,051	13
2013	£199,722	£1,979	9
2012	£217,000	£2,190	7
2011	£204,900	£1,949	5
2010	£174,875	£1,718	4
2009	£216,317	£2,084	3
2008	£243,500	£2,159	5
2007	£261,688	£2,041	13
2006	£229,025	£2,150	8
2005	£224,407	£1,965	7
2004	£245,166	£1,925	9
2003	£199,733	£1,570	6
2002	£160,640	£1,331	10
2001	£136,135	£1,024	16
2000	£114,621	£909	14
1999	£102,954	£933	14
1998	£108,737	£986	13
1997	£104,773	£911	11
1996	£81,455	£715	11
1995	£107,125	£792	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£297,000	£3,300	1
2021	£242,500	£2,747	2
2020	£82,700	£2,089	4
2019	£10,279,000	£1,747	2
2017	£120,667	£1,502	3
2016	£402,478	£55	2

House Type in B98 0FJ area

The most common house types in the B98 0FJ postcode area are Detached (120), Terraced (4), and Semi-detached (1).

Total	125
Detached	120
Terraced	4
Semi-detached	1
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 outright (82), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright	82
Owned: Owns with a mortgage or loan	38
Private rented: Private landlord or letting agency	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	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 B98 0FJ have 2 people in household (74), and 1 person in household (26).

2 people in household	74
1 person in household	26
3 people in household	10
4 people in household	9
6 people in household	4
5 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0