Housing Market Analysis for MILCOTE CLOSE, B98 7RN

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £122,792 median price is £122,950 Standard Deviation is £59,131 with Total Sold: 33
- The Last 5 Year average price is £209,167 with Total Sold: 6
- The most recent sale happened at this postcode is 23 MILCOTE CLOSE: £225,000 (Sold on 30 Jan 2024)
- The first recorded sale happened at this postcode is 23 MILCOTE CLOSE: £46,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £195,000 median price is £195,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 9 MILCOTE CLOSE: £195,000 (Sold on 18 Dec 2018)
- The first recorded sale happened at this postcode is 9 MILCOTE CLOSE: £195,000 (Sold on 18 Dec 2018)
Terraced
- The average price is around £148,000 median price is £148,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 29 MILCOTE CLOSE: £148,000 (Sold on 29 Nov 2007)
- The first recorded sale happened at this postcode is 29 MILCOTE CLOSE: £148,000 (Sold on 29 Nov 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7RN 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
2024	£217,500	£2,625	2
2022	£255,000	£3,036	1
2021	£185,000	£2,606	1
2020	£200,000	£2,469	1
2019	£180,000	£2,609	1
2018	£190,000	£2,346	1
2016	£169,950	£2,615	1
2015	£154,750	£1,893	4
2011	£125,000	£1,667	1
2010	£137,000	£1,631	1
2007	£156,000	£1,902	1
2006	£141,000	£1,679	1
2004	£121,725	£1,732	2
2003	£117,000	£1,333	2
2001	£80,500	£1,104	2
2000	£70,333	£884	3
1999	£65,975	£892	2
1998	£52,300		1
1996	£50,667	£639	3
1995	£36,750	£568	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£195,000	£2,500	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£148,000		1

All the Sales in the MILCOTE CLOSE, B98 7RN

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

Address	Sold Date	Price	% Change
23 MILCOTE CLOSESemi-Detached, Freehold	30 Jan 2024	£225,000	12.50%
	03 Apr 2020	£200,000	41.84%
	25 Sep 2015	£141,000	206.52%
	03 Feb 1995	£46,000	First Sale
1 MILCOTE CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	26 Mar 2024	£210,000	33.33%
	20 Jul 2015	£157,500	0.0
	20 Jul 2015	£157,500	First Sale
26 MILCOTE CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	28 Oct 2022	£255,000	395.15%
	18 Apr 1996	£51,500	0.0
	18 Apr 1996	£51,500	First Sale
12 MILCOTE CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	01 Apr 2021	£185,000	50.47%
	04 Jun 2004	£122,950	49.94%
	24 Aug 2001	£82,000	67.35%
	08 Nov 1996	£49,000	First Sale
11 MILCOTE CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1967-1975	20 Sep 2019	£180,000	First Sale
9 MILCOTE CLOSEDetached, LeaseholdArea: 78 Sq.mtrAge: 1976-1982	18 Dec 2018	£195,000	First Sale
10 MILCOTE CLOSESemi-Detached, LeaseholdArea: 81 Sq.mtrAge: 1967-1975	16 Feb 2018	£190,000	First Sale
21 MILCOTE CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1967-1975	28 Oct 2016	£169,950	First Sale
3 MILCOTE CLOSESemi-Detached, Leasehold	25 Sep 2015	£163,000	First Sale
30 MILCOTE CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	28 Oct 2011	£125,000	58.23%
	24 May 2001	£79,000	23.44%
	28 May 1999	£64,000	First Sale
2 MILCOTE CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	26 Feb 2010	£137,000	-2.84%
	06 Oct 2006	£141,000	25.89%
	21 Nov 2003	£112,000	First Sale
29 MILCOTE CLOSETerraced, Freehold	29 Nov 2007	£148,000	First Sale
19 MILCOTE CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1976-1982	29 Jun 2007	£156,000	115.17%
	30 Mar 2000	£72,500	0.0
	30 Mar 2000	£72,500	First Sale
7 MILCOTE CLOSESemi-Detached, Freehold	11 Jun 2004	£120,500	First Sale
20 MILCOTE CLOSESemi-Detached, Freehold	19 Dec 2003	£122,000	84.85%
	12 Oct 2000	£66,000	26.20%
	03 Apr 1998	£52,300	90.18%
	16 Mar 1995	£27,500	First Sale
31 MILCOTE CLOSESemi-Detached, LeaseholdArea: 73 Sq.mtrAge: 1967-1975	17 Sep 1999	£67,950	First Sale

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

MILCOTE CLOSE, B98 7RN Near By properties

Interactive Map

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

Terraced
- The average price is around £110,939 median price is £108,000 Standard Deviation is £51,554 with Total Sold: 941
- The Last 5 Year average price is £170,282 with Total Sold: 168
- 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 , 17 LADYGROVE CLOSE: £34,000 (Sold on 17 Mar 1995)
Flat
- The average price is around £108,409 median price is £113,750 Standard Deviation is £35,707 with Total Sold: 250
- The Last 5 Year average price is £121,528 with Total Sold: 59
- 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 , 68 ASTLEY CLOSE: £36,500 (Sold on 05 Sep 1997)
Detached
- The average price is around £206,528 median price is £216,000 Standard Deviation is £77,539 with Total Sold: 249
- The Last 5 Year average price is £303,016 with Total Sold: 31
- The most recent sale happened at this postcode is , 62 HARRIS CLOSE: £330,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 36 PETERBROOK CLOSE: £70,000 (Sold on 09 Jun 1995)
Semi-Detached
- The average price is around £149,543 median price is £157,500 Standard Deviation is £67,741 with Total Sold: 281
- The Last 5 Year average price is £221,364 with Total Sold: 60
- The most recent sale happened at this postcode is , 1 MILCOTE CLOSE: £210,000 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is , 23 MILCOTE CLOSE: £46,000 (Sold on 03 Feb 1995)
Other
- The average price is around £618,785 median price is £260,474 Standard Deviation is £789,445 with Total Sold: 16
- The Last 5 Year average price is £801,362 with Total Sold: 4
- The most recent sale happened at this postcode is 6, THE OAKS CLEWS ROAD: £180,000 (Sold on 14 Apr 2023)
- The first recorded sale happened at this postcode is , 7 CHADWICK MEWS: £2,610,000 (Sold on 13 Jun 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£178,850	£1,784	20
2023	£178,810	£2,148	20
2022	£183,567	£2,190	30
2021	£176,834	£1,962	41
2020	£146,875	£1,868	24
2019	£156,724	£1,821	33
2018	£159,677	£1,934	31
2017	£146,204	£1,639	36
2016	£133,773	£1,558	36
2015	£132,563	£1,563	48
2014	£129,083	£1,573	50
2013	£118,662	£1,396	26
2012	£109,312	£1,204	16
2011	£92,882	£1,118	17
2010	£99,615	£1,101	13
2009	£111,745	£1,201	10
2008	£115,050	£1,208	26
2007	£124,328	£1,353	61
2006	£111,631	£1,261	62
2005	£101,709	£1,150	47
2004	£94,764	£996	36
2003	£81,838	£980	33
2002	£62,600	£690	51
2001	£54,650	£629	30
2000	£47,374	£563	28
1999	£44,420	£505	30
1998	£38,217	£456	23
1997	£38,458	£476	23
1996	£36,521	£452	21
1995	£37,016	£439	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£145,000		2
2023	£123,929	£1,979	14
2022	£131,214	£2,362	7
2021	£116,165	£2,022	16
2020	£126,083	£1,705	6
2019	£115,107	£1,783	14
2018	£124,800	£2,061	5
2017	£105,214	£1,892	7
2016	£100,180	£1,815	15
2015	£93,541	£1,636	11
2014	£83,868	£1,497	17
2013	£207,000	£4,409	3
2012	£85,350	£1,456	7
2011	£73,625	£1,270	4
2010	£63,000	£1,205	4
2009	£115,234	£1,982	19
2008	£121,910	£2,066	24
2007	£97,681	£1,715	8
2006	£65,112	£1,096	4
2005	£113,176	£1,975	57
2004	£65,000	£878	1
2001	£45,500	£562	1
1999	£34,250	£412	2
1998	£25,500	£323	1
1997	£36,500	£493	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£356,250	£4,496	4
2023	£410,000	£3,063	2
2022	£258,333	£3,093	3
2021	£289,900	£2,878	10
2020	£318,250	£2,617	4
2019	£275,188	£2,779	8
2018	£258,867	£2,497	15
2017	£272,562	£2,783	8
2016	£253,491	£2,500	28
2015	£251,102	£2,381	19
2014	£229,935	£2,021	18
2013	£178,738	£2,034	4
2012	£154,917	£1,807	3
2011	£182,250	£2,005	6
2010	£178,417	£1,844	6
2009	£192,750	£1,580	4
2008	£202,983	£2,042	3
2007	£208,254	£1,700	10
2006	£188,750	£1,499	8
2004	£179,590	£1,683	10
2003	£193,649	£1,717	24
2002	£149,675	£1,398	10
2001	£103,145	£1,055	10
2000	£94,050	£973	8
1999	£73,975	£1,095	2
1998	£83,085		5
1997	£81,944	£647	9
1996	£79,500	£674	4
1995	£75,419	£930	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,500	£2,625	2
2023	£221,846	£2,655	13
2022	£247,100	£2,793	10
2021	£227,232	£2,627	17
2020	£200,800	£2,202	10
2019	£202,609	£2,234	8
2018	£194,100	£2,328	15
2017	£178,571	£2,277	7
2016	£169,696	£2,150	20
2015	£177,480	£2,135	13
2014	£175,611	£1,871	31
2013	£143,667	£1,224	3
2012	£151,500	£1,674	2
2011	£113,700	£1,292	5
2010	£151,744	£1,581	8
2009	£108,917	£1,561	3
2008	£131,750	£1,345	4
2007	£178,380	£1,663	5
2006	£145,040	£1,561	10
2005	£170,830	£1,526	10
2004	£119,127	£1,235	11
2003	£102,425	£1,063	8
2002	£81,980	£888	5
2001	£80,412	£945	10
2000	£64,095	£740	11
1999	£60,040	£785	10
1998	£44,645	£499	10
1997	£55,089	£564	5
1996	£43,768	£522	11
1995	£39,950	£494	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,403,000		2
2020	£199,724	£1,968	2
2018	£148,750		2
2017	£232,000	£2,599	2
2016	£474,802	£6,447	7
2014	£2,610,000	£37,286	1

House Type in B98 7RN area

The most common house types in the B98 7RN postcode area are Semi-detached (80), Detached (6), and Terraced (3).

Total	90
Semi-detached	80
Detached	6
Terraced	3
Flat	1
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 (53), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	53
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	5
Social rented: Rents from council or Local Authority	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 B98 7RN have 2 people in household (45), and 1 person in household (19).

2 people in household	45
1 person in household	19
3 people in household	17
4 people in household	7
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