Housing Market Analysis for MARTLEY CLOSE, B98 7TJ

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

Overview of Sold House prices

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

Terraced
- The average price is around £89,895 median price is £79,500 Standard Deviation is £42,133 with Total Sold: 30
- The Last 5 Year average price is £148,667 with Total Sold: 6
- The most recent sale happened at this postcode is 21 MARTLEY CLOSE: £158,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is 42 MARTLEY CLOSE: £160,000 (Sold on 05 Apr 2024)
Flat
- The average price is around £91,750 median price is £90,250 Standard Deviation is £8,591 with Total Sold: 4
- The most recent sale happened at this postcode is 5 MARTLEY CLOSE: £105,000 (Sold on 30 Oct 2017)
- The first recorded sale happened at this postcode is 2 MARTLEY CLOSE: £92,500 (Sold on 16 Nov 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7TJ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£158,000	£1,795	2
2022	£142,000	£1,628	1
2021	£140,000	£1,609	1
2020	£134,000	£1,540	1
2018	£155,000	£1,384	1
2016	£132,250	£1,419	2
2015	£89,000	£1,027	1
2011	£70,000	£843	1
2009	£73,000	£842	1
2007	£97,650	£1,157	3
2006	£75,833	£778	3
2005	£74,950	£904	1
2004	£69,750	£759	4
2002	£43,317	£476	3
2001	£46,500	£536	1
2000	£40,000	£482	1
1999	£37,500	£430	1
1996	£25,000	£234	1
2024	£160,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£105,000	£1,266	1
2015	£81,500	£970	1
2014	£88,000	£1,061	1
2007	£92,500		1

All the Sales in the MARTLEY CLOSE, B98 7TJ

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

Address	Sold Date	Price	% Change
21 MARTLEY CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1976-1982	19 Dec 2023	£158,000	0.0
	19 Dec 2023	£158,000	First Sale
28 MARTLEY CLOSETerraced, FreeholdArea: 87.2 Sq.mtrAge: 1967-1975	10 Aug 2022	£142,000	102.86%
	14 Apr 2004	£70,000	86.67%
	10 Dec 1999	£37,500	First Sale
14 MARTLEY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-1982	24 Nov 2021	£140,000	233.33%
	12 Feb 2006	£42,000	First Sale
25 MARTLEY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-1982	07 Feb 2020	£134,000	First Sale
37 MARTLEY CLOSETerraced, FreeholdArea: 112 Sq.mtrAge: 1976-1982	12 Apr 2018	£155,000	638.10%
	29 Apr 2002	£21,000	First Sale
5 MARTLEY CLOSEFlat, LeaseholdArea: 82.91 Sq.mtrAge: 1976-1982	30 Oct 2017	£105,000	19.32%
	22 Aug 2014	£88,000	4.76%
	23 Jan 2007	£84,000	12.07%
	22 Feb 2005	£74,950	87.38%
	16 Dec 2000	£40,000	First Sale
40 MARTLEY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	09 Dec 2016	£129,500	First Sale
33 MARTLEY CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	18 Jul 2016	£135,000	First Sale
4 MARTLEY CLOSEFlat, LeaseholdArea: 84 Sq.mtrAge: 1950-1966	23 Mar 2015	£81,500	First Sale
43 MARTLEY CLOSETerraced, FreeholdArea: 86.68 Sq.mtrAge: 1967-1975	04 Mar 2015	£89,000	21.92%
	19 Jun 2009	£73,000	56.99%
	27 Apr 2001	£46,500	First Sale
1 MARTLEY CLOSETerraced, LeaseholdArea: 83.06 Sq.mtrAge: 1967-1975	11 Nov 2011	£70,000	First Sale
2 MARTLEY CLOSEFlat, Leasehold	16 Nov 2007	£92,500	First Sale
49 MARTLEY CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	13 Jul 2007	£109,950	First Sale
17 MARTLEY CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	13 Apr 2007	£99,000	First Sale
20 MARTLEY CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	15 Dec 2006	£94,500	89.19%
	22 Mar 2002	£49,950	First Sale
18 MARTLEY CLOSETerraced, Freehold	22 Aug 2006	£91,000	First Sale
36 MARTLEY CLOSETerraced, FreeholdArea: 87.8 Sq.mtrAge: 1967-1975	09 Jul 2004	£70,000	18.64%
	30 Apr 2002	£59,000	First Sale
41 MARTLEY CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	14 Jun 2004	£64,000	First Sale
27 MARTLEY CLOSETerraced, FreeholdArea: 107 Sq.mtrAge: 1967-1975	12 Mar 2004	£75,000	200.00%
	24 May 1996	£25,000	First Sale
42 MARTLEY CLOSETerraced, Freehold	05 Apr 2024	£160,000	First Sale

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

MARTLEY CLOSE, B98 7TJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £133,780 median price is £139,950 Standard Deviation is £63,014 with Total Sold: 361
- The Last 5 Year average price is £210,072 with Total Sold: 74
- The most recent sale happened at this postcode is , 29 KEMBLE STREET: £172,500 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 49 AUXERRE AVENUE: £35,000 (Sold on 03 Feb 1995)
Terraced
- The average price is around £103,601 median price is £100,000 Standard Deviation is £47,262 with Total Sold: 1,155
- The Last 5 Year average price is £162,180 with Total Sold: 215
- The most recent sale happened at this postcode is , 18 NEWLAND CLOSE: £152,500 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 1 PEDMORE CLOSE: £34,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £86,238 median price is £81,500 Standard Deviation is £36,474 with Total Sold: 57
- The Last 5 Year average price is £116,967 with Total Sold: 15
- The most recent sale happened at this postcode is , 64 ASTLEY CLOSE: £165,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 38 PEDMORE CLOSE: £35,000 (Sold on 06 Sep 1996)
Detached
- The average price is around £173,581 median price is £175,000 Standard Deviation is £75,053 with Total Sold: 130
- The Last 5 Year average price is £257,341 with Total Sold: 22
- The most recent sale happened at this postcode is , 6 SALFORD CLOSE: £270,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is , 11 TREDINGTON CLOSE: £57,000 (Sold on 31 Mar 1995)
Other
- The average price is around £978,573 median price is £300,000 Standard Deviation is £1,883,384 with Total Sold: 27
- The Last 5 Year average price is £1,285,910 with Total Sold: 11
- 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 5 HOWARD ROAD: £92,000 (Sold on 02 May 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,083	£2,571	6
2023	£230,553	£2,812	19
2022	£227,958	£2,554	12
2021	£196,345	£2,362	10
2020	£192,875	£2,164	8
2019	£190,546	£2,225	19
2018	£185,700	£2,181	10
2017	£170,056	£2,382	9
2016	£167,227	£2,095	30
2015	£163,575	£2,049	29
2014	£159,998	£1,849	22
2013	£138,000	£2,226	1
2012	£115,000	£1,379	2
2011	£107,500	£1,134	5
2010	£123,312	£1,487	4
2009	£117,875	£1,525	6
2008	£143,000	£1,782	5
2007	£147,431	£1,495	8
2006	£132,042	£1,660	20
2005	£118,617	£1,346	12
2004	£106,809	£1,164	16
2003	£90,100	£920	14
2002	£83,211	£1,054	9
2001	£58,562	£772	8
2000	£59,386	£684	11
1999	£56,137	£704	16
1998	£45,302	£481	15
1997	£50,170	£616	10
1996	£44,726	£510	17
1995	£41,975	£510	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£172,931	£2,209	29
2023	£168,652	£2,135	28
2022	£178,097	£2,222	36
2021	£163,585	£1,968	44
2020	£148,464	£1,816	32
2019	£147,205	£1,676	46
2018	£147,511	£1,795	44
2017	£134,589	£1,595	38
2016	£123,909	£1,494	47
2015	£130,483	£1,673	63
2014	£120,562	£1,500	51
2013	£102,164	£1,201	33
2012	£97,935	£1,155	23
2011	£85,998	£1,098	24
2010	£101,502	£1,187	23
2009	£86,923	£990	13
2008	£104,155	£1,157	31
2007	£107,037	£1,262	73
2006	£98,412	£1,176	69
2005	£92,229	£1,112	43
2004	£89,459	£985	44
2003	£76,380	£933	49
2002	£60,736	£669	61
2001	£50,875	£577	30
2000	£45,127	£566	32
1999	£42,463	£491	34
1998	£40,964	£493	29
1997	£36,982	£431	28
1996	£35,052	£419	26
1995	£34,653	£403	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,500	£1,633	2
2023	£87,750	£1,685	4
2022	£185,500	£1,733	2
2021	£144,000	£1,516	1
2020	£112,167	£1,360	3
2019	£102,333	£1,482	3
2017	£105,000	£1,266	1
2016	£99,200	£1,461	5
2015	£79,833	£1,220	3
2014	£94,500	£1,180	3
2012	£80,500	£1,019	1
2011	£53,000	£1,430	1
2010	£77,000	£1,186	2
2008	£69,500	£1,390	1
2007	£99,083	£1,348	6
2006	£88,250	£1,026	1
2005	£81,075	£1,119	6
2004	£65,000	£878	1
2002	£59,950	£588	1
2001	£40,250	£484	2
2000	£56,950		1
1999	£40,833	£503	3
1998	£25,500	£323	1
1997	£32,725	£493	2
1996	£35,000	£407	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£275,625	£3,059	4
2022	£265,429	£2,847	7
2021	£245,800	£2,769	5
2020	£277,500	£2,775	1
2019	£238,900	£2,272	5
2018	£260,700	£2,466	10
2017	£214,167	£2,425	3
2016	£227,646	£2,225	12
2015	£208,917	£2,252	11
2014	£215,080	£2,109	6
2013	£155,625	£1,851	4
2012	£148,000	£1,981	2
2010	£167,000	£1,542	1
2009	£111,000	£1,607	2
2008	£225,000		1
2007	£180,488	£1,890	4
2006	£163,800	£1,735	5
2005	£188,500		2
2004	£77,500	£1,034	2
2003	£136,500	£1,320	5
2002	£110,692	£1,199	6
2001	£96,590	£1,109	5
2000	£83,580	£963	10
1999	£62,917	£592	6
1998	£64,690	£659	5
1997	£61,375	£792	4
1996	£59,950		1
1995	£57,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,051,533	£41	3
2021	£2,361,900	£31	4
2020	£526,405		2
2019	£245,000		2
2017	£1,024,551	£39	7
2016	£380,435	£6,083	6
2015	£120,000		1
2014	£1,351,000	£37,286	2

House Type in B98 7TJ area

The most common house types in the B98 7TJ postcode area are Terraced (73), Flat (13), and Detached (11).

Total	109
Terraced	73
Flat	13
Detached	11
Semi-detached	11
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (37), and Private rented: Private landlord or letting agency (34).

Social rented: Rents from council or Local Authority	37
Private rented: Private landlord or letting agency	34
Owned: Owns with a mortgage or loan	22
Owned: Owns outright	10
Private rented: Other private rented	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the B98 7TJ have 1 person in household (31), and 2 people in household (24).

1 person in household	31
2 people in household	24
3 people in household	19
4 people in household	14
5 people in household	11
6 people in household	5
7 people in household	2
0 people in household	0
8 or more people in household	0