Housing Market Analysis for MERCOT CLOSE, B98 7YX

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £148,068 median price is £160,000 Standard Deviation is £59,434 with Total Sold: 37
- The Last 5 Year average price is £256,125 with Total Sold: 4
- The most recent sale happened at this postcode is 36 MERCOT CLOSE: £290,000 (Sold on 19 Jan 2023)
- The first recorded sale happened at this postcode is 31 MERCOT CLOSE: £280,000 (Sold on 07 Jun 2024)
Detached
- The average price is around £178,783 median price is £182,000 Standard Deviation is £78,780 with Total Sold: 35
- The Last 5 Year average price is £306,000 with Total Sold: 5
- The most recent sale happened at this postcode is 13 MERCOT CLOSE: £305,000 (Sold on 15 Jul 2022)
- The first recorded sale happened at this postcode is 3 MERCOT CLOSE: £380,000 (Sold on 12 Sep 2024)
Other
- The average price is around £4,450 median price is £4,450 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 31 MERCOT CLOSE: £4,450 (Sold on 07 Nov 2018)
- The first recorded sale happened at this postcode is 31 MERCOT CLOSE: £4,450 (Sold on 07 Nov 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7YX 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
2023	£290,000	£3,412	1
2020	£229,500	£3,060	1
2019	£225,000	£3,041	1
2018	£220,000	£3,187	1
2015	£190,000		1
2014	£187,000	£2,307	2
2013	£187,000	£2,059	1
2011	£160,000	£2,488	2
2009	£153,475	£1,884	2
2007	£178,817	£2,629	3
2006	£169,000		1
2005	£165,475	£2,284	4
2004	£154,225		2
2003	£119,950		1
2002	£103,483	£1,603	3
2001	£119,950	£1,132	1
2000	£82,667	£1,092	3
1998	£68,167	£800	3
1997	£59,950	£769	1
1996	£59,950	£868	1
1995	£57,500	£633	1
2024	£280,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£305,000	£4,067	1
2021	£315,000	£3,500	1
2020	£275,000	£3,647	1
2019	£255,000	£3,355	1
2017	£250,000	£3,425	1
2016	£230,000	£2,644	1
2015	£239,317	£2,715	3
2014	£178,500	£2,171	2
2013	£211,225	£2,506	2
2012	£185,000	£2,500	1
2011	£191,000	£2,129	2
2009	£174,950	£2,351	2
2008	£182,500		1
2007	£182,000		1
2006	£198,500	£2,632	1
2004	£155,000	£2,123	1
2003	£136,975	£1,580	2
2002	£147,250	£1,953	1
2001	£98,000		1
2000	£87,000		1
1999	£89,000		1
1998	£78,000		1
1997	£68,167	£918	3
1995	£68,700		2
2024	£380,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£4,450	£60	1

All the Sales in the MERCOT CLOSE, B98 7YX

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

Address	Sold Date	Price	% Change
36 MERCOT CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1983-1990	19 Jan 2023	£290,000	233.33%
	18 Dec 2000	£87,000	45.12%
	27 Jun 1997	£59,950	First Sale
13 MERCOT CLOSEDetached, LeaseholdArea: 75 Sq.mtrAge: 1983-1990	15 Jul 2022	£305,000	First Sale
43 MERCOT CLOSEDetached, LeaseholdArea: 90 Sq.mtrAge: 1983-1990	25 Jun 2021	£315,000	First Sale
39 MERCOT CLOSEDetached, FreeholdArea: 75.41 Sq.mtrAge: 1983-1990	16 Oct 2020	£275,000	38.54%
	08 Dec 2006	£198,500	34.80%
	11 Dec 2002	£147,250	First Sale
8 MERCOT CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1976-1982	10 Jan 2020	£229,500	33.43%
	09 May 2005	£172,000	149.28%
	11 Dec 1998	£69,000	First Sale
31 MERCOT CLOSESemi-Detached, LeaseholdArea: 74 Sq.mtrAge: 1991-1995	28 Jun 2019	£225,000	4956.18%
	07 Nov 2018	£4,450	-97.53%
	19 Oct 2007	£180,500	121.47%
	25 Aug 2000	£81,500	-70.89%
	07 Jun 2024	£280,000	First Sale
16 MERCOT CLOSEDetached, FreeholdArea: 76 Sq.mtrAge: 1976-1982	04 Mar 2019	£255,000	54.55%
	01 Oct 2014	£165,000	First Sale
51 MERCOT CLOSESemi-Detached, FreeholdArea: 69.03 Sq.mtrAge: 1983-1990	06 Sep 2018	£220,000	37.50%
	09 Nov 2011	£160,000	1.91%
	16 Dec 2005	£157,000	97.48%
	26 May 2000	£79,500	32.61%
	12 Jul 1996	£59,950	First Sale
32 MERCOT CLOSEDetached, FreeholdArea: 73 Sq.mtrAge: 1983-1990	30 Jun 2017	£250,000	61.29%
	05 Mar 2004	£155,000	131.34%
	23 May 1997	£67,000	First Sale
5 MERCOT CLOSEDetached, LeaseholdArea: 87 Sq.mtrAge: 1983-1990	28 Jun 2016	£230,000	First Sale
33 MERCOT CLOSESemi-Detached, Leasehold	10 Dec 2015	£190,000	First Sale
1 MERCOT CLOSEDetached, FreeholdArea: 74.4 Sq.mtrAge: 1976-1982	18 Sep 2015	£228,000	30.32%
	14 Aug 2009	£174,950	0.0
	14 Aug 2009	£174,950	First Sale
28 MERCOT CLOSEDetached, FreeholdArea: 128 Sq.mtrAge: 1983-1990	06 Feb 2015	£270,000	First Sale
20 MERCOT CLOSEDetached, LeaseholdArea: 74 Sq.mtrAge: 1983-1990	07 Jan 2015	£219,950	11.37%
	09 Jul 2013	£197,500	First Sale
41 MERCOT CLOSEDetached, Freehold	24 Oct 2014	£192,000	5.21%
41 MERCOT CLOSEDetached, Freehold	31 Mar 2008	£182,500	First Sale
6 MERCOT CLOSESemi-Detached, LeaseholdArea: 106 Sq.mtrAge: 1983-1990	03 Oct 2014	£184,000	53.40%
	20 Dec 2001	£119,950	First Sale
52 MERCOT CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1983-1990	26 Sep 2014	£190,000	2.15%
	07 Dec 2007	£186,000	73.02%
	02 Sep 2002	£107,500	First Sale
26 MERCOT CLOSEDetached, FreeholdArea: 96 Sq.mtrAge: 1976-1982	09 Dec 2013	£224,950	28.58%
	04 Apr 2003	£174,950	First Sale
30 MERCOT CLOSESemi-Detached, FreeholdArea: 90.8 Sq.mtr	02 Aug 2013	£187,000	225.22%
30 MERCOT CLOSESemi-Detached, FreeholdArea: 90.8 Sq.mtr	31 Jul 1995	£57,500	First Sale
45 MERCOT CLOSEDetached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	10 Aug 2012	£185,000	12.12%
	28 Nov 2011	£165,000	66.67%
	26 Aug 2003	£99,000	First Sale
3 MERCOT CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 1983-1990	19 Dec 2011	£217,000	-42.89%
	12 Sep 2024	£380,000	First Sale
34 MERCOT CLOSESemi-Detached, FreeholdArea: 60.2 Sq.mtrAge: 1976-1982	02 Dec 2011	£160,000	68.51%
	11 Jan 2002	£94,950	First Sale
9 MERCOT CLOSESemi-Detached, FreeholdArea: 87.2 Sq.mtrAge: 1983-1990	31 Jul 2009	£139,950	First Sale
54 MERCOT CLOSESemi-Detached, FreeholdArea: 77.22 Sq.mtrAge: 1983-1990	17 Jul 2009	£167,000	153.03%
	08 Sep 1998	£66,000	First Sale
47 MERCOT CLOSEDetached, Freehold	12 Oct 2007	£182,000	First Sale
7 MERCOT CLOSESemi-Detached, Freehold	05 Jan 2007	£169,950	0.56%
7 MERCOT CLOSESemi-Detached, Freehold	24 Nov 2006	£169,000	First Sale
11 MERCOT CLOSESemi-Detached, Leasehold	02 Dec 2005	£166,450	0.0
	02 Dec 2005	£166,450	14.83%
	26 Mar 2004	£144,950	First Sale
10 MERCOT CLOSESemi-Detached, Freehold	04 Jun 2004	£163,500	51.39%
10 MERCOT CLOSESemi-Detached, Freehold	28 Mar 2002	£108,000	First Sale
53 MERCOT CLOSESemi-Detached, Leasehold	07 Oct 2003	£119,950	72.59%
53 MERCOT CLOSESemi-Detached, Leasehold	14 Sep 1998	£69,500	First Sale
42 MERCOT CLOSEDetached, Freehold	24 May 2001	£98,000	45.19%
42 MERCOT CLOSEDetached, Freehold	28 Feb 1997	£67,500	First Sale
14 MERCOT CLOSEDetached, Leasehold	14 Apr 2000	£87,000	First Sale
22 MERCOT CLOSEDetached, Freehold	14 Dec 1999	£89,000	First Sale
40 MERCOT CLOSEDetached, Freehold	24 Apr 1998	£78,000	First Sale
19 MERCOT CLOSEDetached, Freehold	11 Jul 1997	£70,000	First Sale
44 MERCOT CLOSEDetached, Leasehold	08 Dec 1995	£71,000	First Sale
46 MERCOT CLOSEDetached, Freehold	25 Aug 1995	£66,400	First Sale

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

MERCOT CLOSE, B98 7YX Near By properties

Interactive Map

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

Detached
- The average price is around £189,286 median price is £185,000 Standard Deviation is £88,897 with Total Sold: 735
- The Last 5 Year average price is £325,335 with Total Sold: 104
- 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)
Flat
- The average price is around £86,486 median price is £85,500 Standard Deviation is £35,505 with Total Sold: 75
- The Last 5 Year average price is £130,692 with Total Sold: 13
- 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 £104,978 median price is £103,000 Standard Deviation is £47,791 with Total Sold: 440
- The Last 5 Year average price is £169,947 with Total Sold: 67
- 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 , 47 PERRYFIELDS CLOSE: £49,000 (Sold on 03 Mar 1995)
Semi-Detached
- The average price is around £126,313 median price is £124,500 Standard Deviation is £63,289 with Total Sold: 417
- The Last 5 Year average price is £223,064 with Total Sold: 47
- 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 £409,632 median price is £203,750 Standard Deviation is £628,127 with Total Sold: 16
- The Last 5 Year average price is £208,693 with Total Sold: 6
- 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 , 7 CHADWICK MEWS: £2,610,000 (Sold on 13 Jun 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£386,714	£3,260	7
2023	£349,550	£3,643	10
2022	£343,250	£3,748	20
2021	£327,380	£3,295	25
2020	£324,787	£3,147	19
2019	£278,778	£2,977	23
2018	£283,898	£2,900	25
2017	£253,750	£3,352	18
2016	£257,910	£2,925	24
2015	£232,217	£2,548	23
2014	£223,248	£2,254	29
2013	£213,772	£2,196	29
2012	£195,800	£2,330	10
2011	£205,261	£2,099	19
2010	£212,954	£2,153	12
2009	£189,876	£1,894	17
2008	£221,306	£2,126	8
2007	£216,211	£2,255	23
2006	£199,232	£2,297	28
2005	£227,838	£2,111	13
2004	£205,291	£2,073	29
2003	£178,073	£1,717	32
2002	£143,369	£1,593	40
2001	£125,300	£1,255	34
2000	£104,247	£1,114	37
1999	£110,262	£1,031	46
1998	£96,717	£912	42
1997	£92,944	£1,182	45
1996	£75,354	£851	24
1995	£77,788	£806	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,500		3
2023	£89,500	£1,709	2
2022	£149,000	£2,980	1
2021	£126,333	£3,088	3
2020	£126,500	£2,012	3
2019	£110,000	£1,392	1
2018	£113,250	£2,576	2
2017	£110,000	£2,892	3
2016	£100,750	£1,849	4
2015	£98,908	£1,836	6
2014	£114,000	£2,235	1
2013	£90,250	£1,926	2
2012	£80,500	£1,019	1
2011	£68,975	£1,703	2
2009	£80,000	£1,710	2
2008	£114,000	£2,235	1
2007	£107,250	£1,549	2
2006	£102,250	£2,413	2
2005	£89,862	£1,332	4
2004	£77,998	£1,635	3
2003	£73,975	£1,601	2
2002	£87,832	£1,274	3
2001	£51,300	£965	5
2000	£67,500	£1,077	3
1999	£38,000	£681	4
1998	£34,333	£655	3
1997	£40,162	£697	4
1996	£70,500	£881	1
1995	£39,250	£744	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£178,444	£2,749	9
2023	£186,772	£2,314	9
2022	£171,375	£2,304	12
2021	£178,455	£2,145	11
2020	£171,545	£2,432	11
2019	£146,200	£1,823	15
2018	£170,000	£2,328	13
2017	£144,405	£2,020	11
2016	£128,829	£1,625	12
2015	£124,147	£1,630	15
2014	£117,842	£1,527	19
2013	£106,079	£1,545	12
2012	£113,500	£1,304	6
2011	£114,871	£1,735	12
2010	£122,996	£1,657	12
2009	£102,625	£1,300	8
2008	£112,625	£1,308	12
2007	£116,725	£1,420	24
2006	£110,919	£1,491	27
2005	£99,065	£1,251	23
2004	£102,857	£1,253	14
2003	£88,272	£1,223	23
2002	£70,252	£983	29
2001	£57,273	£895	13
2000	£56,797	£790	18
1999	£51,091	£655	11
1998	£46,794	£615	17
1997	£38,442	£571	15
1996	£39,583	£563	18
1995	£42,389	£647	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		4
2023	£246,889	£3,518	9
2022	£247,200	£3,605	10
2021	£196,600	£3,457	5
2020	£214,214	£2,791	7
2019	£196,458	£2,831	12
2018	£194,763	£3,084	15
2017	£171,455	£2,790	11
2016	£201,993	£2,536	7
2015	£184,094	£2,676	8
2014	£155,294	£2,356	17
2013	£161,400	£2,252	5
2012	£156,550	£2,151	10
2011	£149,000	£1,871	7
2010	£153,688	£1,872	4
2009	£166,871	£1,786	7
2008	£140,180	£2,326	10
2007	£165,623	£2,308	13
2006	£154,008	£1,975	32
2005	£153,553	£1,964	15
2004	£137,091	£2,004	17
2003	£103,546	£1,617	14
2002	£97,364	£1,397	25
2001	£78,115	£1,110	24
2000	£71,477	£991	20
1999	£67,991	£1,017	22
1998	£64,823	£912	22
1997	£56,627	£803	22
1996	£49,973	£722	30
1995	£52,631	£763	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£416,000		1
2023	£180,000		1
2021	£300,000	£2,830	1
2020	£118,719		3
2018	£110,742	£1,298	6
2017	£227,500		1
2016	£900,000	£11,676	2
2014	£2,610,000	£37,286	1

House Type in B98 7YX area

The most common house types in the B98 7YX postcode area are Detached (115), Semi-detached (16), and Flat (1).

Total	132
Detached	115
Semi-detached	16
Flat	1
Terraced	0
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 (70), and Owned: Owns with a mortgage or loan (57).

Owned: Owns outright	70
Owned: Owns with a mortgage or loan	57
Private rented: Private landlord or letting agency	4
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 7YX have 2 people in household (54), and 3 people in household (29).

2 people in household	54
3 people in household	29
4 people in household	22
1 person in household	21
5 people in household	3
6 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0