Housing Market Analysis for MEREVALE CLOSE, B98 0HZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £112,836 median price is £117,000 Standard Deviation is £51,081 with Total Sold: 57
- The Last 5 Year average price is £206,658 with Total Sold: 6
- The most recent sale happened at this postcode is 38 MEREVALE CLOSE: £230,000 (Sold on 26 Jun 2023)
- The first recorded sale happened at this postcode is 4 MEREVALE CLOSE: £45,500 (Sold on 26 May 1995)
Terraced
- The average price is around £97,062 median price is £113,000 Standard Deviation is £40,707 with Total Sold: 8
- The most recent sale happened at this postcode is 41 MEREVALE CLOSE: £163,000 (Sold on 30 Nov 2017)
- The first recorded sale happened at this postcode is 41 MEREVALE CLOSE: £42,000 (Sold on 31 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 0HZ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£230,000	£3,731	1
2021	£202,500	£2,791	2
2020	£202,500	£2,582	2
2019	£199,950	£2,535	1
2018	£181,000	£2,165	2
2017	£169,500	£2,365	3
2015	£147,500	£2,048	4
2014	£125,000	£1,645	1
2012	£123,000	£1,538	1
2010	£128,000	£2,077	1
2009	£119,975	£1,997	2
2008	£130,500	£1,186	2
2007	£123,950	£2,066	1
2006	£124,100		1
2005	£121,800	£1,550	5
2004	£120,475	£1,648	2
2003	£109,980		5
2002	£77,980	£1,090	5
2001	£59,500		2
2000	£55,833	£930	3
1999	£58,475	£692	2
1998	£45,000		2
1997	£49,500		1
1996	£44,000		3
1995	£47,167	£608	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£140,250	£2,054	2
2005	£116,000	£1,871	1
2004	£125,000		1
2003	£110,000	£1,486	1
1998	£51,500	£725	2
1995	£42,000	£568	1

All the Sales in the MEREVALE CLOSE, B98 0HZ

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

Address	Sold Date	Price	% Change
38 MEREVALE CLOSESemi-Detached, FreeholdArea: 61.64 Sq.mtrAge: 1976-1982	26 Jun 2023	£230,000	12.20%
	02 Sep 2021	£205,000	41.38%
	27 Nov 2015	£145,000	13.28%
	01 Nov 2010	£128,000	First Sale
24 MEREVALE CLOSESemi-Detached, FreeholdArea: 88.64 Sq.mtrAge: 1967-1975	28 Jun 2021	£200,000	16.28%
	11 Jun 2018	£172,000	201.75%
	30 Apr 1999	£57,000	11.76%
	05 Mar 1998	£51,000	First Sale
49 MEREVALE CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1976-1982	03 Dec 2020	£210,000	40.00%
	01 Dec 2015	£150,000	226.09%
	03 Nov 1995	£46,000	First Sale
16 MEREVALE CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	04 Sep 2020	£195,000	129.41%
	24 May 2002	£85,000	First Sale
3 MEREVALE CLOSESemi-Detached, LeaseholdArea: 78.87 Sq.mtrAge: 1967-1975	01 Feb 2019	£199,950	First Sale
8 MEREVALE CLOSESemi-Detached, FreeholdArea: 79.54 Sq.mtrAge: 1967-1975	24 Aug 2018	£190,000	First Sale
25 MEREVALE CLOSESemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1967-1975	15 Dec 2017	£180,000	First Sale
41 MEREVALE CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1983-1990	30 Nov 2017	£163,000	48.18%
	12 Dec 2003	£110,000	161.90%
	31 Jul 1995	£42,000	First Sale
18 MEREVALE CLOSESemi-Detached, LeaseholdArea: 80 Sq.mtrAge: 1967-1975	18 Aug 2017	£172,000	39.84%
	13 Jan 2012	£123,000	-0.81%
	21 Oct 2005	£124,000	53.09%
	26 Jul 2002	£81,000	First Sale
28 MEREVALE CLOSETerraced, FreeholdArea: 61.64 Sq.mtrAge: 1976-1982	14 Aug 2017	£117,500	First Sale
37 MEREVALE CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1967-1975	10 Mar 2017	£156,500	10.99%
	27 Mar 2015	£141,000	13.76%
	11 May 2007	£123,950	69.91%
	15 Mar 2002	£72,950	31.44%
	01 Aug 2000	£55,500	First Sale
5 MEREVALE CLOSESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1967-1975	26 Nov 2015	£154,000	33.91%
	09 Dec 2008	£115,000	First Sale
14 MEREVALE CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	23 Jun 2014	£125,000	First Sale
44 MEREVALE CLOSESemi-Detached, FreeholdArea: 59.1 Sq.mtrAge: 1976-1982	30 Oct 2009	£115,000	121.15%
	18 Dec 1998	£52,000	First Sale
43 MEREVALE CLOSESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1967-1975	22 May 2009	£124,950	119.21%
	11 May 2000	£57,000	First Sale
46 MEREVALE CLOSESemi-Detached, Freehold	27 Mar 2008	£146,000	28.07%
	24 Oct 2003	£114,000	0.0
	24 Oct 2003	£114,000	First Sale
33 MEREVALE CLOSESemi-Detached, Freehold	15 Mar 2006	£124,100	9.87%
	17 Nov 2003	£112,950	0.0
	17 Nov 2003	£112,950	168.93%
	12 Jun 1998	£42,000	First Sale
29 MEREVALE CLOSESemi-Detached, Freehold	09 Dec 2005	£130,000	35.42%
	20 Jun 2003	£96,000	93.94%
	28 May 1997	£49,500	First Sale
34 MEREVALE CLOSETerraced, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	01 Dec 2005	£116,000	First Sale
40 MEREVALE CLOSESemi-Detached, Freehold	18 Nov 2005	£117,500	First Sale
23 MEREVALE CLOSESemi-Detached, Freehold	30 Sep 2005	£120,000	179.07%
23 MEREVALE CLOSESemi-Detached, Freehold	31 Oct 1996	£43,000	First Sale
36 MEREVALE CLOSESemi-Detached, Freehold	22 Apr 2005	£117,500	161.11%
36 MEREVALE CLOSESemi-Detached, Freehold	02 Dec 1996	£45,000	First Sale
21 MEREVALE CLOSESemi-Detached, Freehold	26 Jul 2004	£123,950	First Sale
20 MEREVALE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	25 Jun 2004	£117,000	53.95%
	04 Jan 2002	£76,000	First Sale
6 MEREVALE CLOSETerraced, Freehold	26 Jan 2004	£125,000	First Sale
35 MEREVALE CLOSESemi-Detached, Leasehold	27 Mar 2002	£74,950	56.15%
35 MEREVALE CLOSESemi-Detached, Leasehold	27 Nov 1998	£48,000	First Sale
39 MEREVALE CLOSESemi-Detached, Leasehold	19 Jul 2001	£59,000	34.09%
39 MEREVALE CLOSESemi-Detached, Leasehold	20 Dec 1996	£44,000	First Sale
19 MEREVALE CLOSESemi-Detached, Leasehold	11 May 2001	£60,000	First Sale
42 MEREVALE CLOSESemi-Detached, Freehold	04 Sep 2000	£55,000	First Sale
15 MEREVALE CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1976-1982	14 Apr 1999	£59,950	First Sale
2 MEREVALE CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	21 Jul 1995	£50,000	First Sale
4 MEREVALE CLOSESemi-Detached, Freehold	26 May 1995	£45,500	First Sale

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

MEREVALE CLOSE, B98 0HZ Near By properties

Interactive Map

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

Terraced
- The average price is around £102,327 median price is £104,500 Standard Deviation is £45,657 with Total Sold: 569
- The Last 5 Year average price is £175,392 with Total Sold: 74
- The most recent sale happened at this postcode is , 12 ILMINGTON CLOSE: £208,000 (Sold on 21 Jun 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 £107,400 median price is £112,950 Standard Deviation is £50,424 with Total Sold: 223
- The Last 5 Year average price is £186,180 with Total Sold: 33
- 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)
Other
- The average price is around £2,115,313 median price is £254,960 Standard Deviation is £6,001,330 with Total Sold: 22
- The Last 5 Year average price is £677,568 with Total Sold: 9
- The most recent sale happened at this postcode is , UNIT 5 UPPER CROSSGATE ROAD: £525,000 (Sold on 14 Aug 2023)
- The first recorded sale happened at this postcode is , UNIT 3 RIVERSIDE INDUSTRIAL ESTATE: £160,750 (Sold on 09 Oct 2013)
Flat
- The average price is around £77,711 median price is £57,000 Standard Deviation is £33,433 with Total Sold: 9
- The most recent sale happened at this postcode is , 17 LANGLEY CLOSE: £121,500 (Sold on 30 Aug 2013)
- The first recorded sale happened at this postcode is , 89 EATHORPE CLOSE: £48,900 (Sold on 31 Jul 1998)
Detached
- The average price is around £129,825 median price is £113,975 Standard Deviation is £73,321 with Total Sold: 6
- The most recent sale happened at this postcode is , UNIT 2 UPPER CROSSGATE ROAD: £225,000 (Sold on 07 Aug 2008)
- The first recorded sale happened at this postcode is , 11 HARBURY CLOSE: £50,000 (Sold on 31 Jul 1997)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,214		7
2023	£215,000	£2,667	2
2022	£192,500	£2,390	18
2021	£174,139	£1,998	18
2020	£163,250	£1,959	14
2019	£152,233	£1,798	15
2018	£147,705	£1,644	22
2017	£143,295	£1,612	20
2016	£138,875	£1,558	18
2015	£132,370	£1,570	23
2014	£116,914	£1,250	18
2013	£110,444	£1,190	9
2012	£109,150	£1,181	10
2011	£106,364	£1,312	11
2010	£110,541	£1,234	11
2009	£101,200	£1,134	10
2008	£122,312	£1,184	8
2007	£114,676	£1,319	39
2006	£109,497	£1,255	36
2005	£106,026	£1,244	25
2004	£92,957	£1,070	30
2003	£82,545	£877	31
2002	£66,669	£735	35
2001	£57,021	£652	23
2000	£51,177	£536	26
1999	£44,774	£521	23
1998	£42,744	£516	17
1997	£40,032	£420	20
1996	£34,703	£405	13
1995	£36,632	£423	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,000		1
2023	£208,800	£2,732	5
2022	£198,750	£2,245	4
2021	£182,864	£2,054	11
2020	£188,250	£2,167	6
2019	£158,992	£1,971	6
2018	£192,333	£2,386	3
2017	£152,500	£2,031	5
2016	£155,500	£1,975	3
2015	£147,500	£2,048	4
2014	£127,700	£1,407	5
2013	£121,875	£1,342	2
2012	£128,333	£1,689	3
2011	£124,187	£1,242	8
2010	£123,206	£1,670	8
2009	£109,956	£1,432	8
2008	£120,556	£1,345	8
2007	£126,168	£1,559	11
2006	£117,186	£1,231	14
2005	£117,573	£1,459	13
2004	£108,690	£1,648	5
2003	£97,068	£1,084	11
2002	£72,446	£950	14
2001	£56,529	£649	6
2000	£52,414	£820	7
1999	£55,575	£639	12
1998	£46,368	£551	14
1997	£43,750	£473	8
1996	£41,933	£511	12
1995	£43,667	£530	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,112,500		2
2021	£1,620,000		1
2020	£429,528		4
2019	£267,500		2
2018	£652,917	£1,658	6
2016	£9,012,146		4
2015	£155,975		2
2013	£160,750		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£111,750	£1,121	2
2007	£113,250	£1,437	2
2001	£57,000	£648	1
2000	£49,000	£557	2
1999	£45,500		1
1998	£48,900	£526	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£225,000		1
2005	£185,500		2
2001	£76,950		1
1999	£56,000	£539	1
1997	£50,000		1

House Type in B98 0HZ area

The most common house types in the B98 0HZ postcode area are Semi-detached (88), Terraced (33), and converted building (10).

Total	145
Semi-detached	88
Terraced	33
converted building	10
Flat	7
Detached	5
commercial building	2
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (58).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	58
Private rented: Private landlord or letting agency	15
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the B98 0HZ have 2 people in household (68), and 1 person in household (39).

2 people in household	68
1 person in household	39
3 people in household	25
4 people in household	9
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0