Housing Market Analysis for GRIMLEY CLOSE, B98 7LY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £122,412 median price is £113,500 Standard Deviation is £46,911 with Total Sold: 12
    • The Last 5 Year average price is £177,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 14 GRIMLEY CLOSE: £193,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is 12 GRIMLEY CLOSE: £46,000 (Sold on 16 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7LY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£193,000 £2,383 2
2021£168,000 £2,074 1
2020£155,000 £1,802 1
2018£139,950 £1,590 1
2014£110,000 £1,358 1
2010£112,0001
2009£115,000 £1,337 1
2007£91,0001
2006£95,000 £1,092 1
2001£51,0001
1998£46,0001

All the Sales in the GRIMLEY CLOSE, B98 7LY

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

AddressSold DatePrice% Change
14 GRIMLEY CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-197508 Sep 2023£193,0000.0
08 Sep 2023£193,00014.88%
25 Jun 2021£168,00052.73%
02 Jun 2014£110,000First Sale
10 GRIMLEY CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-197514 Jan 2020£155,00034.78%
14 Jul 2009£115,000First Sale
9 GRIMLEY CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197502 Mar 2018£139,950First Sale
2 GRIMLEY CLOSETerraced, Freehold31 Mar 2010£112,000First Sale
13 GRIMLEY CLOSETerraced, Freehold20 Jun 2007£91,000First Sale
5 GRIMLEY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196606 Nov 2006£95,000First Sale
12 GRIMLEY CLOSETerraced, Freehold09 Feb 2001£51,00010.87%
16 Oct 1998£46,000First Sale

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

GRIMLEY CLOSE, B98 7LY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £110,140 median price is £108,000 Standard Deviation is £49,455 with Total Sold: 816
    • The Last 5 Year average price is £176,841 with Total Sold: 133
    • The most recent sale happened at this postcode is , 129 WISHAW CLOSE: £185,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 33 EVENLODE CLOSE: £28,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £216,673 median price is £220,000 Standard Deviation is £86,756 with Total Sold: 430
    • The Last 5 Year average price is £340,259 with Total Sold: 65
    • 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 , 9 HOLLOWFIELDS CLOSE: £95,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £107,190 median price is £115,000 Standard Deviation is £36,831 with Total Sold: 257
    • The Last 5 Year average price is £122,911 with Total Sold: 55
    • The most recent sale happened at this postcode is FLAT 12, BEECH HOUSE, 1 ALDER CARR CLOSE: £125,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 43 WIREHILL DRIVE: £29,000 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £146,818 median price is £145,000 Standard Deviation is £68,492 with Total Sold: 363
    • The Last 5 Year average price is £234,652 with Total Sold: 66
    • The most recent sale happened at this postcode is , 4 WIREHILL DRIVE: £266,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is , 2 SKILTS AVENUE: £58,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £159,108 median price is £168,000 Standard Deviation is £142,051 with Total Sold: 5
    • The Last 5 Year average price is £127,950 with Total Sold: 3
    • The most recent sale happened at this postcode is , 55 ALDINGTON CLOSE: £185,000 (Sold on 03 Mar 2022)
    • The first recorded sale happened at this postcode is , 24 HADLOW CLOSE: £405,000 (Sold on 13 Apr 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£184,800 £2,022 10
2023£183,216 £2,131 22
2022£203,690 £2,264 21
2021£181,671 £2,100 29
2020£159,798 £1,811 26
2019£157,618 £1,920 25
2018£158,906 £1,850 27
2017£151,773 £1,724 30
2016£136,592 £1,515 25
2015£125,179 £1,441 36
2014£124,212 £1,470 30
2013£115,190 £1,386 20
2012£112,038 £1,221 12
2011£109,719 £1,243 18
2010£112,617 £1,250 17
2009£122,782 £1,296 14
2008£116,079 £1,268 24
2007£112,977 £1,338 31
2006£125,449 £1,404 48
2005£103,276 £1,184 47
2004£96,749 £1,106 47
2003£87,900 £1,121 37
2002£69,748 £799 43
2001£61,597 £675 36
2000£53,210 £619 29
1999£47,727 £567 30
1998£44,748 £494 23
1997£42,591 £498 29
1996£41,223 £421 11
1995£38,616 £407 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£428,333 £3,992 6
2023£395,857 £3,173 7
2022£358,150 £3,214 10
2021£314,792 £2,933 12
2020£313,738 £2,541 12
2019£314,000 £2,740 18
2018£295,538 £2,649 12
2017£291,727 £2,514 11
2016£257,605 £2,452 27
2015£256,943 £2,262 28
2014£227,015 £1,902 23
2013£220,125 £1,896 8
2012£188,292 £1,944 6
2011£203,429 £1,898 7
2010£209,850 £1,823 10
2009£229,455 £1,626 11
2008£235,772 £1,632 9
2007£236,053 £1,825 17
2006£228,463 £1,801 19
2005£201,930 £1,766 5
2004£212,026 £1,762 17
2003£194,669 £1,574 35
2002£168,080 £1,339 25
2001£135,912 £1,020 13
2000£121,512 £984 16
1999£95,804 £946 13
1998£108,900 £910 16
1997£85,054 £720 12
1996£86,221 £734 14
1995£86,984 £776 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,0001
2023£132,818 £2,059 11
2022£133,562 £2,327 8
2021£117,096 £2,017 17
2020£120,990 £1,747 5
2019£116,154 £1,822 13
2018£124,500 £1,958 7
2017£112,204 £1,974 12
2016£104,200 £1,869 11
2015£96,086 £1,690 11
2014£85,808 £1,559 14
2013£207,000 £4,409 3
2012£85,744 £1,508 8
2011£78,167 £1,218 3
2010£60,000 £1,141 3
2009£115,234 £1,982 19
2008£124,189 £2,101 23
2007£97,493 £1,813 7
2006£73,075 £1,396 6
2005£114,206 £2,015 56
2004£98,000 £1,502 1
2003£81,950 £1,242 1
2002£60,000 £1,429 1
2001£51,000 £782 1
2000£50,500 £971 1
1999£42,250 £592 2
1998£41,000 £713 3
1997£38,100 £693 2
1996£34,125 £627 4
1995£40,000 £449 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£266,000 £2,440 1
2023£243,667 £2,727 9
2022£250,684 £2,734 19
2021£242,500 £2,707 16
2020£216,500 £2,451 10
2019£201,818 £2,247 11
2018£212,393 £2,278 14
2017£208,083 £2,809 6
2016£180,350 £1,958 7
2015£178,659 £1,994 15
2014£169,032 £1,837 30
2013£149,333 £1,605 12
2012£147,857 £1,731 7
2011£145,833 £1,625 3
2010£154,619 £1,588 8
2009£108,333 £1,170 3
2008£157,250 £1,707 6
2007£153,979 £1,763 17
2006£148,307 £1,545 22
2005£155,812 £1,610 16
2004£124,684 £1,468 18
2003£108,282 £1,173 17
2002£94,023 £1,013 11
2001£88,650 £981 10
2000£72,085 £751 13
1999£66,243 £743 15
1998£53,519 £594 16
1997£52,706 £582 9
1996£55,782 £538 14
1995£47,631 £520 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£185,000 £2,126 1
2021£168,000 £2,211 1
2019£30,850 £417 1
2017£6,6921
2016£405,000 £8,265 1

House Type in B98 7LY area

The most common house types in the B98 7LY postcode area are Terraced (56), Semi-detached (46), and Detached (21).

Total124
Terraced56
Semi-detached46
Detached21
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (49), and Owned: Owns outright (41).

Owned: Owns with a mortgage or loan49
Owned: Owns outright41
Social rented: Rents from council or Local Authority14
Private rented: Private landlord or letting agency14
Private rented: Other private rented5
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B98 7LY have 2 people in household (39), and 3 people in household (33).

2 people in household39
3 people in household33
4 people in household20
1 person in household19
5 people in household7
7 people in household3
6 people in household2
8 or more people in household2
0 people in household0