Housing Market Analysis for FERNWOOD CLOSE, B98 7TN

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

Overview of Sold House prices

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

Detached
- The average price is around £171,454 median price is £133,475 Standard Deviation is £88,932 with Total Sold: 76
- The Last 5 Year average price is £338,188 with Total Sold: 8
- The most recent sale happened at this postcode is 27 FERNWOOD CLOSE: £350,000 (Sold on 13 Nov 2023)
- The first recorded sale happened at this postcode is 34 FERNWOOD CLOSE: £99,950 (Sold on 20 Dec 1996)
Semi-Detached
- The average price is around £151,800 median price is £154,950 Standard Deviation is £35,404 with Total Sold: 3
- The most recent sale happened at this postcode is 33 FERNWOOD CLOSE: £193,500 (Sold on 08 Jun 2009)
- The first recorded sale happened at this postcode is 33 FERNWOOD CLOSE: £106,950 (Sold on 24 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7TN 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000	£3,977	1
2022	£432,500	£3,277	2
2021	£320,500	£6,047	1
2020	£305,000	£3,640	2
2019	£280,000	£3,464	2
2018	£316,250	£3,162	2
2017	£262,750	£3,028	2
2016	£272,500	£5,000	2
2015	£233,750	£2,597	1
2014	£208,500	£2,629	2
2012	£230,000	£2,910	1
2011	£240,000	£3,075	1
2010	£195,000	£2,216	1
2009	£235,000	£3,011	1
2007	£165,500	£3,103	2
2006	£172,667	£2,644	3
2005	£265,000	£1,963	1
2004	£230,000	£2,759	2
2003	£196,500	£1,734	3
2002	£142,980	£2,240	5
2001	£128,667	£1,194	3
2000	£94,100	£1,421	3
1999	£117,650	£981	3
1998	£105,403	£1,067	11
1997	£105,485	£1,562	17
1996	£109,450	£719	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£193,500	£1,643	1
2002	£154,950	£1,315	1
1997	£106,950	£908	1

All the Sales in the FERNWOOD CLOSE, B98 7TN

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

Address	Sold Date	Price	% Change
27 FERNWOOD CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 1996-2002	13 Nov 2023	£350,000	79.49%
	10 Sep 2010	£195,000	7.14%
	04 Jun 2003	£182,000	94.65%
	24 Jul 1998	£93,500	-1.56%
	19 Mar 1998	£94,980	First Sale
34 FERNWOOD CLOSEDetached, FreeholdArea: 139 Sq.mtrAge: 1996-2002	20 Apr 2022	£485,000	267.42%
	30 Jun 2000	£132,000	32.07%
	20 Dec 1996	£99,950	First Sale
35 FERNWOOD CLOSEDetached, FreeholdArea: 124 Sq.mtrAge: 1991-1995	26 Jan 2022	£380,000	239.44%
	25 Apr 1997	£111,950	First Sale
20 FERNWOOD CLOSEDetached, FreeholdArea: 53 Sq.mtrAge: 1996-2002	08 Dec 2021	£320,500	71.39%
	28 Feb 2014	£187,000	33.57%
	19 Dec 2002	£140,000	39.58%
	07 Apr 2000	£100,300	30.34%
	24 Oct 1997	£76,950	First Sale
25 FERNWOOD CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1991-1995	11 Dec 2020	£285,000	21.93%
	19 Oct 2015	£233,750	13.47%
	11 Jul 2006	£206,000	116.96%
	23 Jan 1998	£94,950	First Sale
14 FERNWOOD CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1996-2002	28 May 2020	£325,000	37.13%
	30 Oct 2006	£237,000	8.72%
	21 Sep 2004	£218,000	176.12%
	07 Aug 1997	£78,950	First Sale
18 FERNWOOD CLOSEDetached, FreeholdArea: 59.16 Sq.mtrAge: 1996-2002	22 Nov 2019	£245,000	-2.00%
	17 Oct 1997	£250,000	First Sale
4 FERNWOOD CLOSEDetached, FreeholdArea: 113 Sq.mtrAge: 1996-2002	01 Mar 2019	£315,000	10.33%
	07 Apr 2017	£285,500	161.33%
	13 Aug 1998	£109,250	First Sale
12 FERNWOOD CLOSEDetached, FreeholdArea: 79.04 Sq.mtrAge: 1996-2002	28 Nov 2018	£312,500	35.87%
	21 Mar 2012	£230,000	142.23%
	27 Jun 1997	£94,950	First Sale
6 FERNWOOD CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 2003-2006	26 Apr 2018	£320,000	20.75%
	15 Jul 2005	£265,000	103.92%
	17 Dec 1999	£129,950	23.82%
	23 Apr 1997	£104,950	First Sale
15 FERNWOOD CLOSEDetached, FreeholdArea: 68 Sq.mtrAge: 2003-2006	24 Mar 2017	£240,000	13.74%
	30 Nov 2007	£211,000	68.80%
	28 Mar 2002	£125,000	58.33%
	08 Aug 1997	£78,950	First Sale
3 FERNWOOD CLOSEDetached, Freehold	28 Sep 2016	£270,000	260.00%
3 FERNWOOD CLOSEDetached, Freehold	03 Mar 2006	£75,000	First Sale
11 FERNWOOD CLOSEDetached, FreeholdArea: 55 Sq.mtrAge: 1991-1995	11 Apr 2016	£275,000	189.63%
	27 Jun 1997	£94,950	First Sale
32 FERNWOOD CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 1983-1990	17 Jan 2014	£230,000	72.93%
	12 Nov 1999	£133,000	First Sale
17 FERNWOOD CLOSEDetached, FreeholdArea: 78.05 Sq.mtrAge: 1996-2002	25 Mar 2011	£240,000	2.13%
	27 Mar 2009	£235,000	150.13%
	18 Aug 1997	£93,950	First Sale
33 FERNWOOD CLOSESemi-Detached, FreeholdArea: 117.79 Sq.mtrAge: 1996-2002	08 Jun 2009	£193,500	24.88%
	15 May 2002	£154,950	44.88%
	24 Apr 1997	£106,950	First Sale
23 FERNWOOD CLOSEDetached, Freehold	29 Oct 2007	£120,000	-10.41%
23 FERNWOOD CLOSEDetached, Freehold	27 Feb 1998	£133,950	First Sale
16 FERNWOOD CLOSEDetached, Freehold	16 Aug 2004	£242,000	62.42%
	28 Sep 2001	£149,000	53.69%
	08 Aug 1997	£96,950	First Sale
9 FERNWOOD CLOSEDetached, Freehold	20 Jun 2003	£220,000	131.70%
9 FERNWOOD CLOSEDetached, Freehold	20 Jun 1997	£94,950	First Sale
31 FERNWOOD CLOSEDetached, FreeholdArea: 134 Sq.mtrAge: 1996-2002	14 Feb 2003	£187,500	17.19%
	29 Jun 2001	£160,000	18.56%
	14 Apr 1998	£134,950	First Sale
21 FERNWOOD CLOSEDetached, Freehold	15 Nov 2002	£140,000	55.56%
	03 Dec 1999	£90,000	15.46%
	28 Nov 1997	£77,950	First Sale
10 FERNWOOD CLOSEDetached, Freehold	17 Oct 2002	£179,950	133.70%
	13 Aug 2001	£77,000	-8.28%
	16 Jun 1997	£83,950	First Sale
24 FERNWOOD CLOSEDetached, Freehold	21 Mar 2002	£129,950	41.33%
24 FERNWOOD CLOSEDetached, Freehold	18 Feb 1998	£91,950	First Sale
2 FERNWOOD CLOSEDetached, Freehold	30 Jun 2000	£50,000	-57.97%
2 FERNWOOD CLOSEDetached, Freehold	23 Dec 1996	£118,950	First Sale
29 FERNWOOD CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 1991-1995	08 Jun 1998	£98,500	First Sale
28 FERNWOOD CLOSEDetached, Freehold	09 Apr 1998	£92,950	First Sale
26 FERNWOOD CLOSEDetached, Freehold	27 Mar 1998	£107,950	First Sale
22 FERNWOOD CLOSEDetached, Freehold	06 Feb 1998	£106,500	First Sale
19 FERNWOOD CLOSEDetached, Freehold	28 Nov 1997	£96,950	First Sale
8 FERNWOOD CLOSEDetached, Freehold	27 Jun 1997	£113,950	First Sale
1 FERNWOOD CLOSEDetached, Freehold	30 Apr 1997	£113,000	First Sale
7 FERNWOOD CLOSEDetached, Freehold	25 Apr 1997	£129,950	First Sale

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

FERNWOOD CLOSE, B98 7TN Near By properties

Interactive Map

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

Detached
- The average price is around £207,922 median price is £205,000 Standard Deviation is £98,258 with Total Sold: 610
- The Last 5 Year average price is £346,748 with Total Sold: 98
- The most recent sale happened at this postcode is , 54 LINEHOLT CLOSE: £415,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 29 OAKHAM CLOSE: £67,500 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £162,730 median price is £162,750 Standard Deviation is £67,715 with Total Sold: 158
- The Last 5 Year average price is £254,695 with Total Sold: 29
- The most recent sale happened at this postcode is , 31 MERCOT CLOSE: £280,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 71 GREEN LANE: £85,000 (Sold on 30 Jun 1995)
Terraced
- The average price is around £150,447 median price is £143,942 Standard Deviation is £47,496 with Total Sold: 15
- The Last 5 Year average price is £152,671 with Total Sold: 10
- The most recent sale happened at this postcode is , 25 OAKDALE CLOSE: £310,000 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , 7 LINEHOLT CLOSE: £176,000 (Sold on 20 Jun 2003)
Other
- The average price is around £283,466 median price is £293,750 Standard Deviation is £215,683 with Total Sold: 6
- The Last 5 Year average price is £352,211 with Total Sold: 4
- The most recent sale happened at this postcode is , 7 OAKHAM CLOSE: £300,000 (Sold on 20 Jan 2021)
- The first recorded sale happened at this postcode is , 2 DANZEY CLOSE: £287,500 (Sold on 01 Jun 2018)
Flat
- The average price is around £97,833 median price is £93,000 Standard Deviation is £24,530 with Total Sold: 3
- The most recent sale happened at this postcode is , 56 OAKHAM CLOSE: £130,000 (Sold on 25 Nov 2002)
- The first recorded sale happened at this postcode is , 56 OAKHAM CLOSE: £70,500 (Sold on 25 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£388,000	£3,260	5
2023	£388,562	£3,645	8
2022	£370,941	£3,750	17
2021	£353,974	£3,187	21
2020	£345,344	£3,101	26
2019	£295,924	£3,146	21
2018	£310,853	£2,837	17
2017	£260,289	£2,956	19
2016	£274,465	£2,835	17
2015	£248,798	£2,439	21
2014	£236,239	£2,247	22
2013	£224,346	£2,315	27
2012	£201,889	£2,294	9
2011	£229,072	£2,077	17
2010	£211,167	£2,133	12
2009	£202,809	£1,885	11
2008	£193,750	£2,228	2
2007	£233,673	£2,158	28
2006	£211,300	£2,206	15
2005	£252,344	£2,022	16
2004	£218,842	£2,123	18
2003	£217,148	£1,765	26
2002	£157,769	£1,607	31
2001	£135,235	£1,187	20
2000	£121,925	£1,131	24
1999	£121,269	£1,048	34
1998	£110,972	£1,018	36
1997	£103,944	£1,134	55
1996	£87,648	£806	20
1995	£77,860	£812	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,000		2
2023	£291,667	£3,474	3
2022	£266,667	£3,559	3
2021	£209,000	£3,317	1
2020	£250,091	£3,260	18
2019	£220,250	£2,902	2
2018	£191,000	£2,725	12
2016	£196,000	£2,482	2
2015	£194,961	£2,628	5
2014	£182,214	£2,474	7
2013	£173,500	£2,158	3
2011	£198,333	£2,296	3
2010	£235,750	£1,703	2
2009	£161,640	£1,836	5
2008	£209,975	£2,237	2
2007	£184,067	£2,699	6
2006	£190,378	£2,153	9
2005	£167,985	£2,139	10
2004	£161,370	£1,891	5
2003	£137,975	£1,765	4
2002	£115,225	£1,534	12
2001	£96,993	£1,200	7
2000	£84,642	£1,052	6
1999	£104,650	£998	3
1998	£73,204	£912	12
1997	£73,962	£882	4
1996	£64,025	£727	6
1995	£69,362	£785	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,000		1
2023	£115,000	£1,643	1
2022	£107,000	£1,322	2
2021	£118,000	£1,686	1
2020	£153,942	£1,930	5
2018	£134,000	£1,914	3
2008	£152,000	£1,434	1
2003	£176,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£300,000	£2,830	1
2020	£368,922	£7,766	2
2019	£371,000	£2,921	1
2018	£145,975	£1,593	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£130,000	£1,625	1
2000	£93,000	£1,162	1
1996	£70,500	£881	1

House Type in B98 7TN area

The most common house types in the B98 7TN postcode area are Detached (102), Semi-detached (2), and Terraced (2).

Total	107
Detached	102
Semi-detached	2
Terraced	2
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 with a mortgage or loan (56), and Owned: Owns outright (49).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	49
Social rented: Rents from council or Local Authority	1
Private rented: Private landlord or letting agency	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 7TN have 2 people in household (43), and 4 people in household (26).

2 people in household	43
4 people in household	26
3 people in household	20
1 person in household	13
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0