Housing Market Analysis for MERCOT CLOSE, B98 7YY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £146,030 median price is £154,500 Standard Deviation is £61,528 with Total Sold: 78
- The Last 5 Year average price is £250,750 with Total Sold: 10
- The most recent sale happened at this postcode is 85 MERCOT CLOSE: £280,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 100 MERCOT CLOSE: £59,950 (Sold on 22 Dec 1995)
Detached
- The average price is around £179,986 median price is £172,500 Standard Deviation is £77,277 with Total Sold: 32
- The Last 5 Year average price is £281,890 with Total Sold: 5
- The most recent sale happened at this postcode is 88 MERCOT CLOSE: £324,000 (Sold on 22 Jun 2023)
- The first recorded sale happened at this postcode is 63 MERCOT CLOSE: £65,000 (Sold on 07 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 7YY 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	£280,000	£3,544	2
2022	£266,667	£3,559	3
2020	£233,000	£2,869	4
2019	£215,500	£2,763	1
2018	£218,667	£3,033	3
2016	£196,000	£2,482	2
2015	£196,201	£2,628	4
2014	£180,300	£2,540	5
2013	£166,750	£2,208	2
2010	£154,000	£1,859	1
2009	£153,875	£1,934	2
2008	£170,000	£2,237	1
2007	£175,000	£2,734	1
2006	£159,238	£2,286	4
2005	£162,590	£2,019	5
2004	£154,225	£1,894	2
2003	£143,983	£1,765	3
2002	£114,662	£1,554	8
2001	£93,167	£1,234	6
2000	£86,617	£930	3
1999	£76,975	£882	2
1998	£71,150	£1,102	7
1997	£64,475	£969	2
1996	£60,238	£727	4
1995	£59,950	£869	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£324,000	£4,378	1
2020	£309,950	£2,695	1
2019	£258,500	£2,976	3
2018	£252,000	£3,405	1
2017	£250,000	£4,386	1
2016	£247,667	£2,886	3
2014	£222,000	£1,930	1
2013	£182,500	£3,272	2
2012	£160,000	£2,161	1
2010	£170,000	£2,179	1
2007	£272,950	£1,857	1
2006	£199,000	£2,333	3
2003	£150,000		1
2002	£114,600	£1,502	3
2001	£108,475	£1,494	2
1999	£99,950	£1,538	1
1998	£95,500	£681	2
1997	£116,500	£793	1
1996	£59,950	£799	1
1995	£70,000	£1,161	2

All the Sales in the MERCOT CLOSE, B98 7YY

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

Address	Sold Date	Price	% Change
85 MERCOT CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1983-1990	06 Oct 2023	£280,000	0.0
	06 Oct 2023	£280,000	21.74%
	27 Nov 2020	£230,000	26.37%
	05 Dec 2014	£182,000	19.15%
	20 Aug 2009	£152,750	33.76%
	22 Jul 2002	£114,200	0.0
	22 Jul 2002	£114,200	First Sale
88 MERCOT CLOSEDetached, LeaseholdArea: 74 Sq.mtrAge: 1983-1990	22 Jun 2023	£324,000	28.57%
	10 Dec 2018	£252,000	First Sale
79 MERCOT CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1983-1990	23 Sep 2022	£270,000	17.90%
	09 Apr 2020	£229,000	15.95%
	07 Aug 2015	£197,500	127.01%
	15 Jun 2001	£87,000	First Sale
86 MERCOT CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1983-1990	24 Aug 2022	£260,000	66.67%
	22 Feb 2013	£156,000	35.89%
	12 Jul 2002	£114,800	0.0
	12 Jul 2002	£114,800	91.49%
	29 Mar 1996	£59,950	First Sale
111 MERCOT CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1983-1990	12 May 2022	£270,000	First Sale
96 MERCOT CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1983-1990	20 Nov 2020	£248,000	24.00%
	16 Jan 2015	£200,000	143.90%
	28 Apr 1999	£82,000	First Sale
78 MERCOT CLOSESemi-Detached, FreeholdArea: 82.86 Sq.mtrAge: 1983-1990	24 Feb 2020	£225,000	26.40%
	15 Apr 2016	£178,000	15.58%
	18 May 2010	£154,000	-0.65%
	04 Jul 2005	£155,000	24.00%
	25 Oct 2002	£125,000	First Sale
89 MERCOT CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1983-1990	10 Jan 2020	£309,950	39.62%
	26 Sep 2014	£222,000	First Sale
55 MERCOT CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1983-1990	27 Sep 2019	£258,000	21.13%
	01 Jun 2016	£213,000	25.29%
	26 Mar 2010	£170,000	First Sale
61 MERCOT CLOSEDetached, LeaseholdArea: 141 Sq.mtrAge: 1983-1990	13 Sep 2019	£282,500	22.83%
	27 Mar 2006	£230,000	139.58%
	22 May 1998	£96,000	First Sale
84 MERCOT CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1983-1990	12 Jul 2019	£215,500	17.12%
	24 Nov 2014	£184,000	18.71%
	21 Oct 2005	£155,000	3.37%
	12 Mar 2004	£149,950	69.44%
	23 Apr 2001	£88,500	First Sale
124 MERCOT CLOSEDetached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	18 Apr 2019	£235,000	135.12%
	15 Oct 1999	£99,950	First Sale
74 MERCOT CLOSESemi-Detached, LeaseholdArea: 69 Sq.mtrAge: 1983-1990	26 Oct 2018	£220,000	76.07%
	29 Nov 2002	£124,950	First Sale
90 MERCOT CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1983-1990	20 Jul 2018	£220,000	38.80%
	18 Jun 2004	£158,500	28.34%
	25 Sep 2002	£123,500	First Sale
101 MERCOT CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	19 Jan 2018	£216,000	37.62%
	28 Oct 2005	£156,950	First Sale
69 MERCOT CLOSEDetached, LeaseholdArea: 57 Sq.mtrAge: 1983-1990	20 Jul 2017	£250,000	First Sale
117 MERCOT CLOSEDetached, FreeholdArea: 147 Sq.mtrAge: 1983-1990	07 Oct 2016	£320,000	17.24%
	20 Jul 2007	£272,950	134.29%
	23 Jun 1997	£116,500	First Sale
97 MERCOT CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1983-1990	31 Mar 2016	£214,000	20.56%
	01 Jul 2013	£177,500	4.41%
	30 Jun 2008	£170,000	First Sale
63 MERCOT CLOSEDetached, FreeholdArea: 56 Sq.mtrAge: 1976-1982	04 Feb 2016	£210,000	223.08%
	07 Apr 1995	£65,000	First Sale
122 MERCOT CLOSESemi-Detached, LeaseholdArea: 68 Sq.mtrAge: 1983-1990	23 Oct 2015	£202,500	32.35%
	07 Jul 2006	£153,000	First Sale
75 MERCOT CLOSESemi-Detached, LeaseholdArea: 70 Sq.mtrAge: 1983-1990	30 Jun 2015	£184,805	First Sale
77 MERCOT CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1983-1990	27 Jun 2014	£165,000	First Sale
99 MERCOT CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1983-1990	14 Feb 2014	£181,000	3.43%
	25 Oct 2007	£175,000	148.23%
	07 Dec 1998	£70,500	First Sale
100 MERCOT CLOSESemi-Detached, LeaseholdArea: 69 Sq.mtrAge: 1983-1990	24 Jan 2014	£189,500	48.05%
	19 Mar 2003	£128,000	39.13%
	26 Jan 2001	£92,000	53.46%
	22 Dec 1995	£59,950	First Sale
65 MERCOT CLOSEDetached, FreeholdArea: 56 Sq.mtrAge: 1983-1990	11 Oct 2013	£190,000	11.76%
	10 Feb 2006	£170,000	First Sale
62 MERCOT CLOSEDetached, FreeholdArea: 55.52 Sq.mtrAge: 1983-1990	14 Aug 2013	£175,000	First Sale
110 MERCOT CLOSEDetached, FreeholdArea: 74.04 Sq.mtrAge: 1983-1990	11 Apr 2012	£160,000	First Sale
83 MERCOT CLOSESemi-Detached, Leasehold	24 Aug 2009	£155,000	First Sale
112 MERCOT CLOSESemi-Detached, LeaseholdArea: 67 Sq.mtrAge: 1983-1990	15 Sep 2006	£157,000	0.0
	15 Sep 2006	£157,000	141.72%
	09 Jun 1997	£64,950	First Sale
113 MERCOT CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1983-1990	17 Aug 2006	£169,950	17.25%
	22 Aug 2003	£144,950	158.84%
	29 Feb 1996	£56,000	First Sale
81 MERCOT CLOSEDetached, Freehold	27 Jan 2006	£197,000	First Sale
91 MERCOT CLOSESemi-Detached, Freehold	02 Sep 2005	£162,000	159.20%
91 MERCOT CLOSESemi-Detached, Freehold	16 Dec 1996	£62,500	First Sale
92 MERCOT CLOSESemi-Detached, LeaseholdArea: 102 Sq.mtrAge: 1976-1982	24 Jun 2005	£184,000	15.72%
	28 Nov 2003	£159,000	69.24%
	10 Mar 2000	£93,950	First Sale
118 MERCOT CLOSEDetached, Leasehold	03 Mar 2003	£150,000	100.00%
118 MERCOT CLOSEDetached, Leasehold	27 Oct 1995	£75,000	First Sale
57 MERCOT CLOSESemi-Detached, Leasehold	30 Aug 2002	£114,250	74.43%
	27 Mar 1998	£65,500	9.26%
	17 May 1996	£59,950	First Sale
109 MERCOT CLOSESemi-Detached, Leasehold	26 Jul 2002	£119,950	First Sale
103 MERCOT CLOSESemi-Detached, Freehold	02 Jul 2002	£99,950	38.92%
103 MERCOT CLOSESemi-Detached, Freehold	23 Jul 1999	£71,950	First Sale
87 MERCOT CLOSESemi-Detached, Freehold	11 Jan 2002	£95,500	15.13%
	25 Sep 2000	£82,950	0.0
	25 Sep 2000	£82,950	First Sale
67 MERCOT CLOSEDetached, LeaseholdArea: 73 Sq.mtrAge: 1983-1990	07 Dec 2001	£129,950	First Sale
94 MERCOT CLOSESemi-Detached, Freehold	26 Nov 2001	£118,000	55.16%
	13 Mar 1998	£76,050	0.0
	13 Mar 1998	£76,050	First Sale
95 MERCOT CLOSESemi-Detached, Leasehold	26 Oct 2001	£92,500	First Sale
114 MERCOT CLOSESemi-Detached, Leasehold	24 Aug 2001	£84,000	0.0
114 MERCOT CLOSESemi-Detached, Leasehold	24 Aug 2001	£84,000	First Sale
105 MERCOT CLOSESemi-Detached, Leasehold	27 Nov 1998	£67,950	First Sale
119 MERCOT CLOSESemi-Detached, Leasehold	06 Nov 1998	£71,000	0.0
119 MERCOT CLOSESemi-Detached, Leasehold	06 Nov 1998	£71,000	First Sale
70 MERCOT CLOSEDetached, Freehold	30 Oct 1998	£95,000	First Sale
116 MERCOT CLOSESemi-Detached, Leasehold	21 Jul 1997	£64,000	First Sale
123 MERCOT CLOSESemi-Detached, Freehold	30 Aug 1996	£62,500	First Sale

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

MERCOT CLOSE, B98 7YY Near By properties

Interactive Map

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

Detached
- The average price is around £190,845 median price is £187,500 Standard Deviation is £89,878 with Total Sold: 783
- The Last 5 Year average price is £333,211 with Total Sold: 106
- 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 £88,457 median price is £85,250 Standard Deviation is £35,679 with Total Sold: 60
- The Last 5 Year average price is £132,250 with Total Sold: 10
- 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)
Semi-Detached
- The average price is around £130,791 median price is £130,975 Standard Deviation is £63,839 with Total Sold: 352
- The Last 5 Year average price is £226,050 with Total Sold: 40
- 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 £387,207 median price is £54,000 Standard Deviation is £713,739 with Total Sold: 12
- The Last 5 Year average price is £160,067 with Total Sold: 5
- 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)
Terraced
- The average price is around £107,016 median price is £104,950 Standard Deviation is £49,774 with Total Sold: 239
- The Last 5 Year average price is £176,258 with Total Sold: 33
- The most recent sale happened at this postcode is , 67 PERRYFIELDS CLOSE: £200,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 47 PERRYFIELDS CLOSE: £49,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£375,875	£3,260	8
2023	£375,889	£3,645	9
2022	£366,775	£3,872	20
2021	£333,438	£3,342	24
2020	£322,922	£3,174	20
2019	£285,356	£3,021	25
2018	£287,480	£2,943	28
2017	£259,381	£3,343	21
2016	£268,080	£3,009	23
2015	£239,282	£2,542	25
2014	£225,700	£2,243	31
2013	£218,352	£2,214	31
2012	£198,545	£2,256	11
2011	£209,117	£2,074	21
2010	£212,342	£2,110	13
2009	£189,876	£1,894	17
2008	£221,306	£2,126	8
2007	£223,175	£2,265	22
2006	£200,945	£2,283	28
2005	£234,223	£2,086	13
2004	£209,945	£2,107	28
2003	£179,621	£1,687	36
2002	£147,565	£1,564	42
2001	£126,141	£1,255	37
2000	£108,905	£1,105	41
1999	£111,644	£1,042	52
1998	£98,135	£915	45
1997	£94,934	£1,145	49
1996	£77,274	£839	29
1995	£76,804	£808	26

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	£113,000	£2,854	1
2018	£113,250	£2,576	2
2017	£110,000	£2,892	3
2016	£104,333	£2,075	3
2015	£100,090	£1,967	5
2014	£114,000	£2,235	1
2013	£90,250	£1,926	2
2011	£84,950	£1,976	1
2009	£80,000	£1,710	2
2008	£114,000	£2,235	1
2007	£117,500	£2,136	1
2006	£102,250	£2,413	2
2005	£109,950	£2,156	1
2004	£77,998	£1,635	3
2003	£73,975	£1,601	2
2002	£87,832	£1,274	3
2001	£52,750	£1,066	4
2000	£67,500	£1,077	3
1999	£41,750	£949	2
1998	£38,750	£820	2
1997	£40,162	£697	4
1996	£70,500	£881	1
1995	£39,250	£744	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£261,667		3
2023	£248,250	£3,542	8
2022	£249,143	£3,882	7
2021	£196,600	£3,457	5
2020	£227,750	£3,055	6
2019	£197,954	£2,854	11
2018	£196,175	£3,130	14
2017	£177,111	£2,673	9
2016	£208,158	£2,572	6
2015	£184,094	£2,676	8
2014	£162,846	£2,370	13
2013	£161,400	£2,252	5
2012	£156,550	£2,151	10
2011	£155,833	£1,955	6
2010	£162,167	£1,941	3
2009	£166,871	£1,786	7
2008	£144,225	£2,326	8
2007	£171,650	£2,448	11
2006	£157,732	£2,060	25
2005	£158,715	£2,061	13
2004	£141,103	£2,004	15
2003	£116,169	£1,841	13
2002	£100,481	£1,480	21
2001	£79,560	£1,174	21
2000	£72,536	£1,021	15
1999	£70,031	£1,024	18
1998	£66,400	£982	19
1997	£57,623	£859	15
1996	£51,415	£758	26
1995	£53,427	£780	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£416,000		1
2021	£156,312	£1,491	2
2020	£35,855		2
2018	£91,738	£1,298	4
2017	£5,200		1
2016	£864,000	£11,676	1
2014	£2,610,000	£37,286	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,250	£3,816	4
2023	£180,000	£2,528	3
2022	£174,722	£2,461	9
2021	£198,200	£2,475	5
2020	£169,400	£2,507	5
2019	£152,143	£2,088	7
2018	£179,000	£2,572	10
2017	£148,921	£2,173	7
2016	£132,500	£1,814	6
2015	£128,962	£1,884	8
2014	£128,889	£1,815	9
2013	£111,429	£1,814	7
2012	£123,500	£1,310	2
2011	£122,421	£1,952	7
2010	£117,875	£1,586	8
2009	£91,000	£1,317	3
2008	£117,750	£1,363	4
2007	£131,286	£1,885	7
2006	£114,453	£1,663	15
2005	£113,619	£1,597	8
2004	£106,810	£1,342	10
2003	£100,783	£1,418	12
2002	£73,253	£1,111	19
2001	£59,040	£1,295	5
2000	£56,908	£780	12
1999	£55,129	£780	7
1998	£49,269	£656	13
1997	£42,633	£627	9
1996	£41,850	£676	10
1995	£43,688	£647	8

House Type in B98 7YY area

The most common house types in the B98 7YY postcode area are Detached (74), Semi-detached (49), and Terraced (1).

Total	125
Detached	74
Semi-detached	49
Terraced	1
Shared house	1
Flat	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 (62), and Owned: Owns outright (56).

Owned: Owns with a mortgage or loan	62
Owned: Owns outright	56
Private rented: Private landlord or letting agency	5
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	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 7YY have 2 people in household (52), and 3 people in household (28).

2 people in household	52
3 people in household	28
1 person in household	25
4 people in household	17
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0