Housing Market Analysis for PARSONS ROAD, B98 7EQ

Are you looking to understand B98 7EQ 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 7EQ area, explore the B98 7EQ Area information page.
For comprehensive crime statistics in the B98 7EQ area, explore the B98 7EQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B98 7EQ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £106,254 median price is £106,000 Standard Deviation is £54,334 with Total Sold: 52
- The Last 5 Year average price is £193,275 with Total Sold: 8
- The most recent sale happened at this postcode is 21 PARSONS ROAD: £181,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is 28 PARSONS ROAD: £227,500 (Sold on 05 Sep 2024)
Terraced
- The average price is around £97,140 median price is £102,500 Standard Deviation is £31,860 with Total Sold: 10
- The Last 5 Year average price is £152,000 with Total Sold: 1
- The most recent sale happened at this postcode is 50 PARSONS ROAD: £152,000 (Sold on 03 May 2019)
- The first recorded sale happened at this postcode is 5 PARSONS ROAD: £40,000 (Sold on 28 Jun 1996)
Flat
- The average price is around £112,625 median price is £112,624 Standard Deviation is £7,375 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 2, MASON HOUSE, 50A PARSONS ROAD: £119,999 (Sold on 27 Apr 2007)
- The first recorded sale happened at this postcode is FLAT 3, MASON HOUSE, 50A PARSONS ROAD: £105,250 (Sold on 06 Apr 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7EQ 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	£181,000	£2,033	1
2022	£214,067	£2,488	3
2021	£203,000	£2,707	1
2020	£157,500	£2,451	1
2019	£135,000	£2,083	1
2018	£175,000	£2,536	1
2017	£165,000	£2,143	1
2016	£160,000	£2,020	2
2014	£115,000	£1,667	2
2013	£115,000	£1,667	1
2012	£123,500	£1,922	1
2009	£108,000	£1,437	2
2008	£149,500	£1,585	2
2006	£114,167	£1,527	3
2005	£127,500	£1,842	2
2004	£110,875	£1,500	4
2003	£99,000	£1,435	1
2002	£76,690	£1,035	5
2001	£52,832	£796	6
2000	£51,000	£803	2
1999	£39,500	£538	1
1998	£50,900	£763	2
1997	£36,250	£407	1
1996	£42,750	£542	4
1995	£44,500	£601	1
2024	£227,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£152,000	£1,837	1
2013	£100,000	£1,208	1
2009	£108,000	£1,305	1
2008	£124,500		1
2007	£120,000	£1,954	1
2004	£105,000	£1,269	1
2002	£83,475	£1,009	2
1998	£54,950		1
1996	£40,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£120,000	£2,599	3
2006	£105,250	£2,280	3

All the Sales in the PARSONS ROAD, B98 7EQ

See the table below for more details on the sold house prices in the B98 7EQ, Redditch postcode.

Address	Sold Date	Price	% Change
21 PARSONS ROADSemi-Detached, FreeholdArea: 89.04 Sq.mtrAge: 1900-1929	06 Apr 2023	£181,000	30.22%
	25 Jul 2005	£139,000	133.61%
	18 May 2001	£59,500	First Sale
28 PARSONS ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	27 May 2022	£212,200	36.90%
	23 Aug 2016	£155,000	4.03%
	30 May 2008	£149,000	19.20%
	10 Sep 2004	£125,000	61.29%
	28 Feb 2002	£77,500	58.16%
	31 May 1996	£49,000	-78.46%
	05 Sep 2024	£227,500	First Sale
11 PARSONS ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: before 1900	29 Mar 2022	£215,000	30.30%
	07 Jul 2017	£165,000	91.86%
	22 Apr 2009	£86,000	First Sale
15 PARSONS ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1900-1929	28 Mar 2022	£215,000	74.09%
	26 Sep 2006	£123,500	240.69%
	13 Oct 1997	£36,250	First Sale
17 PARSONS ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1900-1929	18 Jun 2021	£203,000	62.40%
	29 Aug 2014	£125,000	9.65%
	01 Oct 2004	£114,000	109.17%
	29 Jun 2001	£54,500	First Sale
25 PARSONS ROADSemi-Detached, FreeholdArea: 64.26 Sq.mtrAge: 1900-1929	31 Jan 2020	£157,500	27.53%
	21 May 2012	£123,500	6.47%
	14 Jan 2005	£116,000	70.59%
	26 Apr 2002	£68,000	45.30%
	05 Jun 1998	£46,800	First Sale
46 PARSONS ROADSemi-Detached, FreeholdArea: 64.80401 Sq.mtrAge: 1900-1929	26 Jul 2019	£135,000	26.17%
	23 Jan 2004	£107,000	36.31%
	19 Jul 2002	£78,500	First Sale
50 PARSONS ROADTerraced, FreeholdArea: 82.76 Sq.mtrAge: 1900-1929	03 May 2019	£152,000	52.00%
	28 Oct 2013	£100,000	-7.41%
	01 Oct 2009	£108,000	2.86%
	15 Oct 2004	£105,000	10.58%
	10 Dec 2002	£94,950	31.88%
	20 Sep 2002	£72,000	First Sale
38 PARSONS ROADSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1900-1929	10 Aug 2018	£175,000	6.06%
	11 Nov 2016	£165,000	43.48%
	25 Apr 2013	£115,000	16.16%
	26 Sep 2003	£99,000	45.59%
	18 Sep 2001	£68,000	23.64%
	27 Aug 1998	£55,000	First Sale
31 PARSONS ROADSemi-Detached, Freehold	23 May 2014	£105,000	-3.67%
	02 Mar 2006	£109,000	11.79%
	13 Feb 2004	£97,500	98.98%
	26 Oct 2000	£49,000	First Sale
32 PARSONS ROADSemi-Detached, FreeholdArea: 73.99669 Sq.mtrAge: 1900-1929	11 Aug 2009	£130,000	67.74%
	10 Jun 2002	£77,500	74.16%
	02 Aug 1995	£44,500	First Sale
34 PARSONS ROADSemi-Detached, Freehold	01 Sep 2008	£150,000	First Sale
5 PARSONS ROADTerraced, Freehold	09 May 2008	£124,500	126.57%
	06 Nov 1998	£54,950	37.38%
	28 Jun 1996	£40,000	First Sale
FLAT 2, MASON HOUSE, 50A PARSONS ROADFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	27 Apr 2007	£119,999	14.01%
	06 Apr 2006	£105,250	First Sale
FLAT 3, MASON HOUSE, 50A PARSONS ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	20 Apr 2007	£120,000	14.01%
	06 Apr 2006	£105,250	First Sale
48 PARSONS ROADTerraced, FreeholdArea: 61.42534 Sq.mtrAge: before 1900	05 Apr 2007	£120,000	First Sale
FLAT 1, MASON HOUSE, 50A PARSONS ROADFlat, LeaseholdArea: 37 Sq.mtrAge: 2003-2006	04 Apr 2007	£120,000	14.01%
	06 Apr 2006	£105,250	First Sale
27 PARSONS ROADSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	19 Jul 2006	£110,000	107.55%
	30 Jun 2000	£53,000	45.21%
	20 Dec 1996	£36,500	First Sale
13 PARSONS ROADSemi-Detached, Freehold	18 Dec 2002	£81,950	First Sale
42 PARSONS ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1900-1929	20 Jul 2001	£59,995	First Sale
35 PARSONS ROADSemi-Detached, Freehold	18 Jul 2001	£37,500	First Sale
33 PARSONS ROADSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	18 Jul 2001	£37,500	First Sale
44 PARSONS ROADSemi-Detached, FreeholdArea: 73.36 Sq.mtrAge: 1900-1929	29 Jan 1999	£39,500	-2.47%
	09 Feb 1996	£40,500	First Sale
40 PARSONS ROADSemi-Detached, Freehold	28 Nov 1996	£45,000	First Sale

Check out the sold house prices near the B98 7EQ postcode. Properties currently for saleProperties currently for rent

PARSONS ROAD, B98 7EQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B98 7EQ 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 7EQ postcode.

Terraced
- The average price is around £100,134 median price is £99,350 Standard Deviation is £54,218 with Total Sold: 722
- The Last 5 Year average price is £170,587 with Total Sold: 103
- The most recent sale happened at this postcode is , 75 MOUNT PLEASANT: £193,689 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 8 OLD CREST AVENUE: £50,000 (Sold on 06 Feb 1995)
Semi-Detached
- The average price is around £128,743 median price is £120,000 Standard Deviation is £71,796 with Total Sold: 577
- The Last 5 Year average price is £218,923 with Total Sold: 100
- The most recent sale happened at this postcode is , 28 PARSONS ROAD: £227,500 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 127 LODGE ROAD: £40,000 (Sold on 10 Jan 1995)
Flat
- The average price is around £83,842 median price is £85,000 Standard Deviation is £31,533 with Total Sold: 554
- The Last 5 Year average price is £107,499 with Total Sold: 86
- The most recent sale happened at this postcode is , 6 MARK CLOSE: £125,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 35 HARESFIELD CLOSE: £30,000 (Sold on 30 Oct 1995)
Detached
- The average price is around £222,023 median price is £207,000 Standard Deviation is £118,409 with Total Sold: 275
- The Last 5 Year average price is £357,214 with Total Sold: 53
- The most recent sale happened at this postcode is , 15 COMPTON CLOSE: £475,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 6 EASTNOR CLOSE: £78,950 (Sold on 23 Jun 1995)
Other
- The average price is around £430,965 median price is £195,000 Standard Deviation is £642,351 with Total Sold: 20
- The Last 5 Year average price is £557,799 with Total Sold: 11
- The most recent sale happened at this postcode is , 1 POOL BANK: £2,717,994 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is , 19 MOUNT PLEASANT: £180,000 (Sold on 20 Aug 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£169,158	£1,575	11
2023	£168,299	£2,128	18
2022	£179,298	£2,080	21
2021	£183,955	£1,856	18
2020	£139,115	£1,645	13
2019	£172,520	£1,791	22
2018	£156,972	£1,716	18
2017	£145,056	£1,592	18
2016	£129,432	£1,535	19
2015	£129,471	£1,394	32
2014	£118,060	£1,269	14
2013	£108,496	£1,258	13
2012	£115,375	£1,378	16
2011	£107,688	£1,243	17
2010	£98,500	£1,196	14
2009	£100,625	£1,315	12
2008	£123,629	£1,331	17
2007	£128,310	£1,691	30
2006	£117,319	£1,423	31
2005	£109,165	£1,199	39
2004	£111,775	£1,179	32
2003	£90,268	£985	39
2002	£67,225	£725	43
2001	£50,438	£496	38
2000	£48,586	£550	40
1999	£44,579	£443	35
1998	£42,955	£431	31
1997	£40,246	£390	31
1996	£38,194	£342	18
1995	£38,217	£422	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,083		6
2023	£234,900	£2,766	10
2022	£225,549	£2,361	23
2021	£220,915	£2,413	24
2020	£231,841	£1,996	20
2019	£180,379	£1,990	17
2018	£197,464	£1,997	14
2017	£170,656	£1,860	16
2016	£186,581	£1,890	18
2015	£159,714	£1,526	11
2014	£140,381	£1,585	21
2013	£134,000	£1,482	12
2012	£132,333	£1,442	12
2011	£124,850	£1,599	10
2010	£129,607	£1,514	14
2009	£139,900	£1,338	11
2008	£148,704	£1,442	12
2007	£146,802	£1,559	27
2006	£141,744	£1,599	24
2005	£141,736	£1,469	22
2004	£126,726	£1,506	23
2003	£119,120	£1,210	20
2002	£88,537	£933	38
2001	£69,898	£763	28
2000	£63,231	£675	24
1999	£59,823	£659	34
1998	£60,393	£734	22
1997	£54,269	£535	21
1996	£47,764	£523	21
1995	£51,193	£546	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,786	£3,296	7
2023	£118,909	£2,342	11
2022	£110,789	£2,210	19
2021	£103,133	£2,191	15
2020	£93,889	£2,008	14
2019	£103,800	£2,168	20
2018	£101,788	£2,137	39
2017	£103,833	£1,962	24
2016	£88,328	£1,816	16
2015	£87,259	£1,959	17
2014	£85,344	£1,868	26
2013	£79,725	£1,612	20
2012	£70,167	£1,605	3
2011	£76,411	£1,751	9
2010	£79,385	£1,703	13
2009	£81,427	£1,702	26
2008	£104,125	£1,731	12
2007	£107,659	£2,182	43
2006	£94,946	£1,891	26
2005	£91,545	£1,949	11
2004	£89,756	£1,722	16
2003	£88,876	£1,762	47
2002	£61,156	£1,331	35
2001	£45,791	£997	11
2000	£31,804	£668	42
1999	£34,916	£446	6
1998	£34,727	£616	11
1997	£32,175	£541	6
1996	£27,788	£571	8
1995	£30,000	£625	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£455,000	£2,332	4
2023	£380,125	£2,768	4
2022	£382,856	£2,926	17
2021	£364,917	£2,776	6
2020	£348,700	£2,505	9
2019	£288,885	£2,741	13
2018	£312,350	£2,288	10
2017	£317,083	£2,421	6
2016	£359,742	£2,379	6
2015	£219,564	£2,135	7
2014	£257,995	£1,841	10
2013	£187,714	£1,523	7
2012	£169,875	£1,729	4
2011	£212,859	£1,849	11
2010	£221,700	£1,652	5
2009	£258,333	£1,668	3
2008	£214,814	£1,896	7
2007	£250,230	£1,640	15
2006	£233,818	£1,821	17
2005	£215,790	£1,549	5
2004	£214,000	£1,604	11
2003	£192,569	£1,274	13
2002	£173,288	£1,221	17
2001	£120,208	£1,080	12
2000	£100,423	£986	11
1999	£99,000	£785	6
1998	£82,621	£692	14
1997	£92,950	£675	13
1996	£84,175	£609	10
1995	£70,950	£552	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,508,997		2
2022	£66,398		2
2021	£704,919	£5,376	3
2020	£325,000		1
2019	£181,749	£854	3
2018	£75,400	£1,913	2
2017	£182,500	£1,956	2
2016	£140,250	£484	2
2015	£753,606		2
2014	£180,000	£1,552	1

House Type in B98 7EQ area

The most common house types in the B98 7EQ postcode area are Flat (81), Semi-detached (47), and Terraced (16).

Total	152
Flat	81
Semi-detached	47
Terraced	16
Detached	4
converted building	3
Shared house	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (48), and Social rented: Rents from council or Local Authority (42).

Private rented: Private landlord or letting agency	48
Social rented: Rents from council or Local Authority	42
Owned: Owns with a mortgage or loan	27
Owned: Owns outright	17
Social rented: Other social rented	14
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the B98 7EQ have 1 person in household (65), and 2 people in household (47).

1 person in household	65
2 people in household	47
3 people in household	26
4 people in household	8
5 people in household	4
8 or more people in household	3
6 people in household	2
7 people in household	2
0 people in household	0