Housing Market Analysis for NEEDLE MILL LANE, B98 8HY

Are you looking to understand B98 8HY 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 8HY area, explore the B98 8HY Area information page.
For comprehensive crime statistics in the B98 8HY area, explore the B98 8HY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B98 8HY postcode area, The average prices are as follows,

  • Detached
    • The average price is around £289,500 median price is £292,500 Standard Deviation is £95,949 with Total Sold: 6
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FORGE MILL COTTAGE NEEDLE MILL LANE: £435,000 (Sold on 12 Mar 2021)
    • The first recorded sale happened at this postcode is FORGE MILL COTTAGE NEEDLE MILL LANE: £132,000 (Sold on 22 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 8HY 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
2021£435,000 £4,028 1
2017£360,000 £3,333 1
2006£300,000 £2,778 1
2003£285,000 £2,639 1
2002£225,000 £2,083 1
2001£132,000 £1,222 1

All the Sales in the NEEDLE MILL LANE, B98 8HY

See the table below for more details on the sold house prices in the B98 8HY, Redditch postcode.

AddressSold DatePrice% Change
FORGE MILL COTTAGE NEEDLE MILL LANEDetached, FreeholdArea: 108 Sq.mtrAge: before 190012 Mar 2021£435,00020.83%
12 May 2017£360,00020.00%
02 Nov 2006£300,0005.26%
15 Aug 2003£285,00026.67%
24 Jan 2002£225,00070.45%
22 Mar 2001£132,000First Sale

Check out the sold house prices near the B98 8HY postcode. Properties currently for saleProperties currently for rent

NEEDLE MILL LANE, B98 8HY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B98 8HY 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 8HY postcode.

  • Semi-Detached
    • The average price is around £137,755 median price is £135,000 Standard Deviation is £69,141 with Total Sold: 535
    • The Last 5 Year average price is £244,381 with Total Sold: 87
    • The most recent sale happened at this postcode is , 114 BIRMINGHAM ROAD: £320,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 219 EASEMORE ROAD: £50,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £243,662 median price is £213,500 Standard Deviation is £142,497 with Total Sold: 248
    • The Last 5 Year average price is £383,338 with Total Sold: 50
    • The most recent sale happened at this postcode is , 155 EASEMORE ROAD: £435,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 45 HITHER GREEN LANE: £157,000 (Sold on 24 Apr 1995)
  • Terraced
    • The average price is around £110,569 median price is £105,250 Standard Deviation is £57,254 with Total Sold: 270
    • The Last 5 Year average price is £195,279 with Total Sold: 39
    • The most recent sale happened at this postcode is , 8 NEVILLE CLOSE: £128,000 (Sold on 17 Jul 2024)
    • The first recorded sale happened at this postcode is , 67 TERRYS CLOSE: £62,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £135,553 median price is £132,500 Standard Deviation is £45,193 with Total Sold: 151
    • The Last 5 Year average price is £153,793 with Total Sold: 101
    • The most recent sale happened at this postcode is 9, BRITISH MILLS, 80 PROSPECT HILL: £75,000 (Sold on 25 Apr 2024)
    • The first recorded sale happened at this postcode is , 29 LYDHAM CLOSE: £54,000 (Sold on 29 Apr 1996)
  • Other
    • The average price is around £373,131 median price is £200,000 Standard Deviation is £312,870 with Total Sold: 9
    • The Last 5 Year average price is £499,330 with Total Sold: 6
    • The most recent sale happened at this postcode is , 1 ST STEPHENS GARDENS: £340,000 (Sold on 16 Dec 2021)
    • The first recorded sale happened at this postcode is 2, HAMBLING COURT EASEMORE ROAD: £200,000 (Sold on 12 Dec 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,143 £2,850 7
2023£261,900 £2,959 15
2022£272,857 £3,020 14
2021£239,574 £2,822 27
2020£236,542 £2,109 12
2019£191,723 £2,118 12
2018£186,833 £2,434 12
2017£193,692 £2,215 18
2016£168,561 £1,938 9
2015£179,389 £2,201 14
2014£162,719 £1,869 27
2013£162,171 £1,626 14
2012£140,341 £1,743 11
2011£147,042 £1,491 12
2010£147,000 £1,586 11
2009£119,250 £1,117 6
2008£180,400 £1,807 10
2007£163,990 £1,973 15
2006£145,107 £1,807 19
2005£153,262 £1,643 17
2004£144,585 £1,616 23
2003£119,664 £1,423 22
2002£100,077 £1,173 23
2001£83,615 £936 40
2000£75,900 £788 22
1999£68,015 £796 30
1998£65,110 £786 15
1997£59,060 £708 19
1996£55,361 £675 23
1995£57,307 £772 36
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£453,3173
2023£321,325 £2,681 8
2022£386,094 £3,521 16
2021£472,467 £3,306 12
2020£302,039 £2,476 7
2019£318,750 £2,917 4
2018£411,833 £3,016 6
2017£302,395 £2,637 10
2016£365,100 £2,604 5
2015£276,688 £2,225 8
2014£234,994 £2,081 8
2013£276,875 £2,358 4
2012£262,100 £2,188 5
2011£257,917 £2,039 6
2010£341,938 £2,039 8
2009£280,000 £1,901 2
2008£308,464 £1,801 4
2007£313,278 £2,244 9
2006£224,500 £2,078 4
2005£241,667 £1,702 9
2004£194,336 £1,839 7
2003£208,930 £1,673 15
2002£166,831 £1,379 13
2001£147,011 £1,198 9
2000£145,485 £993 10
1999£125,995 £1,045 11
1998£116,767 £750 9
1997£98,700 £755 5
1996£104,833 £680 9
1995£97,509 £776 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,3333
2023£230,786 £2,915 7
2022£220,833 £3,008 6
2021£201,944 £2,395 9
2020£178,222 £2,224 9
2019£161,176 £2,058 5
2018£166,225 £2,125 10
2017£168,833 £2,214 6
2016£137,778 £2,114 9
2015£147,000 £1,887 6
2014£142,286 £1,800 7
2013£129,278 £1,718 9
2012£87,875 £770 2
2011£106,825 £1,737 6
2010£126,000 £2,045 2
2009£127,500 £1,771 1
2008£132,500 £2,116 3
2007£126,857 £1,893 7
2006£149,250 £1,539 4
2005£132,093 £1,728 15
2004£117,321 £1,680 19
2003£98,785 £1,367 10
2002£80,214 £673 7
2001£69,410 £1,016 23
2000£69,150 £993 16
1999£61,475 £875 16
1998£58,433 £890 9
1997£53,145 £732 10
1996£47,496 £827 14
1995£51,685 £820 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,0002
2023£131,260 £2,628 7
2022£174,115 £2,743 14
2021£165,318 £2,241 16
2020£164,476 £3,272 14
2019£145,394 £2,741 48
2018£122,667 £2,408 3
2017£120,000 £1,967 1
2016£119,702 £1,456 3
2015£115,000 £2,482 1
2014£78,000 £1,322 1
2011£111,500 £2,185 2
2010£118,333 £2,003 3
2008£121,000 £2,521 1
2007£124,294 £2,065 16
2006£70,000 £1,250 1
2005£96,000 £2,059 2
2004£103,000 £2,239 1
2003£80,750 £1,596 2
2002£72,000 £1,458 2
2000£58,600 £1,095 4
1999£41,475 £1,041 2
1998£49,950 £996 1
1997£45,500 £1,008 2
1996£39,375 £805 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£670,000 £6,898 2
2019£413,995 £7,976 4
2018£122,2001
2017£40,0001
2016£200,0001

House Type in B98 8HY area

The most common house types in the B98 8HY postcode area are Detached (150), Terraced (8), and commercial building (1).

Total159
Detached150
Terraced8
commercial building1
Semi-detached0
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (118), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright118
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency5
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the B98 8HY have 2 people in household (96), and 1 person in household (31).

2 people in household96
1 person in household31
3 people in household17
4 people in household12
5 people in household3
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0