Housing Market Analysis for WELFORD CLOSE, B98 7YN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £151,258 median price is £149,975 Standard Deviation is £70,096 with Total Sold: 30
    • The Last 5 Year average price is £291,832 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 WELFORD CLOSE: £305,495 (Sold on 28 Nov 2022)
    • The first recorded sale happened at this postcode is 11 WELFORD CLOSE: £58,500 (Sold on 03 Mar 1995)
  • Other
    • The average price is around £8,912 median price is £8,912 Standard Deviation is £3,712 with Total Sold: 2
    • The Last 5 Year average price is £12,625 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 WELFORD CLOSE: £12,625 (Sold on 24 May 2021)
    • The first recorded sale happened at this postcode is 17 WELFORD CLOSE: £5,200 (Sold on 22 Nov 2017)
  • Terraced
    • The average price is around £260,000 median price is £260,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £260,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 WELFORD CLOSE: £260,000 (Sold on 12 Feb 2021)
    • The first recorded sale happened at this postcode is 12 WELFORD CLOSE: £260,000 (Sold on 12 Feb 2021)
  • Semi-Detached
    • The average price is around £137,167 median price is £175,000 Standard Deviation is £59,251 with Total Sold: 3
    • The most recent sale happened at this postcode is 15 WELFORD CLOSE: £183,000 (Sold on 21 May 2004)
    • The first recorded sale happened at this postcode is 10 WELFORD CLOSE: £53,500 (Sold on 07 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7YN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£305,495 £4,849 1
2021£300,000 £3,125 1
2019£270,000 £2,755 1
2018£243,500 £3,237 2
2014£214,000 £2,205 2
2006£183,817 £2,160 3
2003£152,500 £1,697 4
2002£149,9501
2001£135,6673
2000£99,975 £1,083 2
1999£95,289 £1,099 5
1998£82,500 £859 1
1997£69,225 £844 2
1996£73,000 £802 1
1995£58,500 £824 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£12,625 £153 1
2017£5,2001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£260,000 £3,514 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£183,0001
2003£175,0001
1996£53,5001

All the Sales in the WELFORD CLOSE, B98 7YN

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

AddressSold DatePrice% Change
7 WELFORD CLOSEDetached, LeaseholdArea: 63 Sq.mtrAge: 1976-198228 Nov 2022£305,49532.82%
09 Aug 2018£230,000First Sale
3 WELFORD CLOSEOther, FreeholdArea: 82.64 Sq.mtrAge: 1983-199024 May 2021£12,625First Sale
19 WELFORD CLOSEDetached, FreeholdArea: 96 Sq.mtrAge: 1983-199026 Mar 2021£300,00047.78%
20 Jun 2014£203,00034.44%
01 May 2003£151,00045.19%
28 Jul 2000£104,00026.06%
03 Jul 1998£82,500First Sale
12 WELFORD CLOSETerraced, LeaseholdArea: 74 Sq.mtrAge: 1976-198212 Feb 2021£260,000First Sale
13 WELFORD CLOSEDetached, LeaseholdArea: 98 Sq.mtrAge: 1976-198223 Aug 2019£270,00020.00%
24 Apr 2014£225,00013.07%
26 Oct 2006£199,000First Sale
18 WELFORD CLOSEDetached, FreeholdArea: 91 Sq.mtrAge: 1976-198229 Mar 2018£257,00065.27%
20 Jun 2003£155,50055.51%
23 Jul 1999£99,99536.98%
18 Jul 1996£73,000First Sale
17 WELFORD CLOSEOther, Freehold22 Nov 2017£5,200-96.53%
26 Jul 2002£149,950First Sale
8 WELFORD CLOSEDetached, Freehold30 Oct 2006£189,95077.52%
26 Oct 2001£107,00021.66%
01 Oct 1999£87,95012.04%
21 May 1999£78,500First Sale
11 WELFORD CLOSEDetached, LeaseholdArea: 71 Sq.mtrAge: 1983-199005 May 2006£162,50026.46%
09 May 2003£128,500114.35%
23 May 1997£59,9502.48%
03 Mar 1995£58,500First Sale
15 WELFORD CLOSESemi-Detached, Freehold21 May 2004£183,0004.57%
20 Jun 2003£175,0000.0
20 Jun 2003£175,000122.93%
10 Nov 1997£78,500First Sale
1 WELFORD CLOSEDetached, Leasehold24 Aug 2001£150,0000.0
24 Aug 2001£150,00027.12%
27 Sep 1999£118,000First Sale
20 WELFORD CLOSEDetached, Leasehold26 May 2000£95,950First Sale
9 WELFORD CLOSEDetached, Leasehold30 Jul 1999£92,000First Sale
10 WELFORD CLOSESemi-Detached, Freehold07 Jun 1996£53,500First Sale

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

WELFORD CLOSE, B98 7YN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £194,881 median price is £188,750 Standard Deviation is £106,091 with Total Sold: 706
    • The Last 5 Year average price is £341,239 with Total Sold: 102
    • The most recent sale happened at this postcode is , 60 TOWBURY CLOSE: £470,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 29 OAKHAM CLOSE: £67,500 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £119,024 median price is £125,000 Standard Deviation is £51,068 with Total Sold: 241
    • The Last 5 Year average price is £139,462 with Total Sold: 40
    • The most recent sale happened at this postcode is , 37 PERRYFIELDS CLOSE: £170,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 38 PERRYFIELDS CLOSE: £39,500 (Sold on 05 May 1995)
  • Terraced
    • The average price is around £115,004 median price is £116,000 Standard Deviation is £52,938 with Total Sold: 488
    • The Last 5 Year average price is £180,283 with Total Sold: 74
    • The most recent sale happened at this postcode is , 72 PATCH LANE: £165,000 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 60 CRABBS CROSS LANE: £55,000 (Sold on 19 Jan 1995)
  • Semi-Detached
    • The average price is around £126,022 median price is £124,950 Standard Deviation is £62,177 with Total Sold: 394
    • The Last 5 Year average price is £217,811 with Total Sold: 44
    • The most recent sale happened at this postcode is , 26 STONELEIGH CLOSE: £265,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 63 STONELEIGH CLOSE: £47,000 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £228,356 median price is £217,000 Standard Deviation is £220,051 with Total Sold: 21
    • The Last 5 Year average price is £221,778 with Total Sold: 10
    • The most recent sale happened at this postcode is , 68 ROCKFORD CLOSE: £416,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , THE OAKS CLEWS ROAD: £936,000 (Sold on 18 Mar 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£379,111 £3,018 9
2023£457,545 £3,736 11
2022£347,394 £3,973 19
2021£345,500 £3,121 27
2020£299,291 £2,816 17
2019£281,284 £2,923 19
2018£281,617 £3,068 21
2017£258,761 £3,092 23
2016£262,676 £2,989 19
2015£244,037 £2,470 24
2014£227,023 £2,213 32
2013£198,678 £2,160 25
2012£202,786 £2,177 7
2011£200,886 £2,006 18
2010£197,653 £2,137 16
2009£249,292 £1,699 12
2008£248,244 £1,986 8
2007£227,048 £2,218 23
2006£204,130 £2,022 33
2005£263,168 £2,141 14
2004£204,429 £2,034 33
2003£174,702 £1,637 27
2002£139,520 £1,485 30
2001£136,392 £1,273 42
2000£102,845 £1,073 34
1999£101,516 £1,076 40
1998£94,531 £866 27
1997£85,827 £856 31
1996£75,228 £842 30
1995£74,640 £775 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,1254
2023£139,167 £2,444 9
2022£153,200 £2,449 5
2021£130,286 £2,641 7
2020£131,944 £2,139 9
2019£134,000 £2,109 6
2018£124,250 £2,123 12
2017£124,575 £2,562 6
2016£137,900 £2,128 10
2015£97,343 £1,992 7
2014£98,250 £1,977 2
2013£103,875 £1,867 4
2012£134,950 £1,721 2
2011£107,300 £1,948 2
2010£155,750 £1,773 2
2009£90,000 £1,663 3
2008£114,000 £2,417 3
2007£122,950 £2,561 13
2006£130,784 £2,415 19
2005£170,844 £2,486 55
2004£91,332 £1,988 6
2003£76,890 £1,547 5
2002£69,633 £1,203 9
2001£51,167 £1,050 6
2000£52,843 £992 7
1999£38,790 £831 5
1998£39,464 £773 7
1997£35,950 £735 7
1996£53,300 £760 2
1995£34,750 £675 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,5007
2023£195,994 £2,262 9
2022£177,243 £2,575 17
2021£196,788 £2,429 13
2020£173,710 £2,186 10
2019£163,056 £2,122 18
2018£177,223 £2,279 11
2017£147,121 £2,411 12
2016£146,526 £1,922 19
2015£138,922 £1,894 16
2014£142,750 £1,763 19
2013£120,853 £1,704 17
2012£138,492 £1,383 6
2011£120,309 £1,716 16
2010£113,500 £1,477 10
2009£128,400 £1,681 5
2008£129,143 £1,529 9
2007£138,388 £1,679 25
2006£117,147 £1,589 25
2005£122,538 £1,544 24
2004£140,280 £1,597 32
2003£87,718 £1,441 11
2002£76,040 £1,074 31
2001£71,565 £961 13
2000£59,562 £772 26
1999£48,431 £730 16
1998£51,018 £618 20
1997£43,376 £615 21
1996£42,000 £671 13
1995£42,703 £565 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,6673
2023£230,833 £3,186 6
2022£249,875 £3,799 10
2021£202,611 £3,279 9
2020£219,571 £2,888 7
2019£187,717 £2,720 9
2018£189,430 £2,946 15
2017£186,833 £2,807 9
2016£207,993 £2,599 7
2015£186,695 £2,597 9
2014£158,000 £2,389 11
2013£153,400 £2,140 5
2012£156,550 £2,151 10
2011£112,000 £1,551 4
2010£162,700 £1,983 5
2009£166,912 £1,761 4
2008£131,606 £2,310 8
2007£160,512 £2,094 13
2006£152,865 £2,032 23
2005£163,218 £1,981 11
2004£149,793 £1,945 27
2003£115,509 £1,674 22
2002£96,381 £1,274 24
2001£79,538 £1,116 25
2000£71,737 £997 20
1999£67,617 £1,015 18
1998£61,032 £815 20
1997£54,524 £774 19
1996£52,269 £743 31
1995£54,320 £764 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£416,0001
2023£180,0001
2022£258,000 £3,969 1
2021£192,542 £1,998 3
2020£196,540 £3,822 4
2018£198,429 £1,875 7
2017£84,233 £163 3
2016£936,0001

House Type in B98 7YN area

The most common house types in the B98 7YN postcode area are Detached (108), Semi-detached (70), and Terraced (13).

Total192
Detached108
Semi-detached70
Terraced13
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (72).

Owned: Owns outright75
Owned: Owns with a mortgage or loan72
Social rented: Other social rented24
Private rented: Private landlord or letting agency16
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B98 7YN have 2 people in household (76), and 1 person in household (51).

2 people in household76
1 person in household51
3 people in household31
4 people in household27
5 people in household3
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0