Housing Market Analysis for FARM ROAD, B98 8LB

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

Overview of Sold House prices

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

Other
- The average price is around £425,000 median price is £425,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £425,000 with Total Sold: 1
- The most recent sale happened at this postcode is 7A FARM ROAD: £425,000 (Sold on 06 Jan 2023)
- The first recorded sale happened at this postcode is 7A FARM ROAD: £425,000 (Sold on 06 Jan 2023)
Terraced
- The average price is around £122,597 median price is £113,000 Standard Deviation is £34,560 with Total Sold: 15
- The Last 5 Year average price is £165,000 with Total Sold: 4
- The most recent sale happened at this postcode is 43 FARM ROAD: £183,000 (Sold on 13 Dec 2022)
- The first recorded sale happened at this postcode is 32 FARM ROAD: £175,000 (Sold on 13 Feb 2023)
Semi-Detached
- The average price is around £84,714 median price is £96,000 Standard Deviation is £37,969 with Total Sold: 7
- The most recent sale happened at this postcode is 3 FARM ROAD: £123,500 (Sold on 24 Feb 2006)
- The first recorded sale happened at this postcode is 1 FARM ROAD: £41,500 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 8LB 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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£425,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£183,000	£2,413	1
2021	£160,000	£1,616	1
2019	£142,000	£1,872	1
2018	£152,000	£2,027	1
2016	£145,000	£1,986	1
2014	£109,000	£1,437	1
2013	£112,500	£1,541	1
2012	£112,000	£1,194	1
2009	£99,000	£1,338	1
2007	£115,000	£1,554	1
2005	£113,000		1
2004	£80,000		1
2002	£76,950		1
2001	£64,500		1
2023	£175,000	£2,303	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£123,500		1
2005	£123,250		2
2003	£96,000		1
1999	£47,500		1
1997	£38,000	£507	1
1996	£41,500		1

All the Sales in the FARM ROAD, B98 8LB

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

Address	Sold Date	Price	% Change
7A FARM ROADOther, Freehold	06 Jan 2023	£425,000	First Sale
43 FARM ROADTerraced, FreeholdArea: 75.85 Sq.mtrAge: 1930-1949	13 Dec 2022	£183,000	28.87%
	31 Jul 2019	£142,000	30.28%
	07 Mar 2014	£109,000	First Sale
47 FARM ROADTerraced, FreeholdArea: 99 Sq.mtrAge: 1930-1949	30 Apr 2021	£160,000	First Sale
19 FARM ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-1949	29 Jun 2018	£152,000	First Sale
22 FARM ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	01 Jul 2016	£145,000	28.89%
22 FARM ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	14 Jan 2013	£112,500	First Sale
6 FARM ROADTerraced, FreeholdArea: 93.81 Sq.mtrAge: 1900-1929	05 Mar 2012	£112,000	First Sale
25 FARM ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	15 Jul 2009	£99,000	First Sale
14 FARM ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	22 Jun 2007	£115,000	First Sale
3 FARM ROADSemi-Detached, Freehold	24 Feb 2006	£123,500	28.65%
	23 May 2003	£96,000	102.11%
	19 Mar 1999	£47,500	First Sale
1 FARM ROADSemi-Detached, Freehold	14 Oct 2005	£128,500	209.64%
1 FARM ROADSemi-Detached, Freehold	31 May 1996	£41,500	First Sale
4 FARM ROADSemi-Detached, Freehold	29 Sep 2005	£118,000	First Sale
18 FARM ROADTerraced, Freehold	03 Jun 2005	£113,000	46.85%
	19 Nov 2002	£76,950	19.30%
	25 Jul 2001	£64,500	First Sale
36 FARM ROADTerraced, Freehold	16 Apr 2004	£80,000	First Sale
9 FARM ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	25 Jul 1997	£38,000	First Sale
32 FARM ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	13 Feb 2023	£175,000	First Sale

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

FARM ROAD, B98 8LB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £127,328 median price is £125,000 Standard Deviation is £62,897 with Total Sold: 415
- The Last 5 Year average price is £212,314 with Total Sold: 70
- The most recent sale happened at this postcode is , 6 BRUETON DRIVE: £340,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 14 WINYATE HILL: £60,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £112,787 median price is £111,000 Standard Deviation is £47,895 with Total Sold: 471
- The Last 5 Year average price is £168,819 with Total Sold: 79
- The most recent sale happened at this postcode is , 55 ARROW ROAD NORTH: £180,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 7 WINSTONE CLOSE: £39,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £96,175 median price is £103,200 Standard Deviation is £32,644 with Total Sold: 263
- The Last 5 Year average price is £123,195 with Total Sold: 44
- The most recent sale happened at this postcode is , 61 PITCHCOMBE CLOSE: £141,000 (Sold on 10 May 2024)
- The first recorded sale happened at this postcode is , 94 SOUTHCREST ROAD: £39,000 (Sold on 20 Jan 1995)
Other
- The average price is around £566,283 median price is £287,500 Standard Deviation is £743,808 with Total Sold: 36
- The Last 5 Year average price is £627,234 with Total Sold: 25
- The most recent sale happened at this postcode is , UNIT 11 KINGFISHER BUSINESS PARK: £175,000 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is UNIT 8, TARGET PARK SHAWBANK ROAD: £600,000 (Sold on 18 Dec 2014)
Detached
- The average price is around £233,870 median price is £240,000 Standard Deviation is £77,802 with Total Sold: 200
- The Last 5 Year average price is £326,174 with Total Sold: 33
- The most recent sale happened at this postcode is , 78 PITCHCOMBE CLOSE: £385,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 50 BARLICH WAY: £70,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,429		7
2023	£232,885	£2,620	13
2022	£247,036	£2,463	14
2021	£199,744	£2,407	16
2020	£199,850	£2,275	6
2019	£178,143	£2,132	14
2018	£187,375	£1,967	8
2017	£178,576	£2,083	19
2016	£160,077	£1,989	13
2015	£142,752	£1,836	9
2014	£134,950	£1,599	10
2013	£138,461	£1,579	14
2012	£132,550	£1,570	9
2011	£107,658	£1,582	6
2010	£141,583	£1,593	12
2009	£109,792	£1,337	6
2008	£130,013	£1,543	13
2007	£154,062	£1,829	21
2006	£138,271	£1,579	19
2005	£132,389	£1,570	19
2004	£113,593	£1,363	15
2003	£115,040	£1,297	20
2002	£96,409	£1,254	20
2001	£71,136	£796	21
2000	£63,494	£687	16
1999	£61,453	£699	16
1998	£55,077	£705	13
1997	£45,440	£520	15
1996	£41,871	£553	17
1995	£45,254	£700	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£194,000	£2,188	5
2023	£165,308	£2,155	13
2022	£181,438	£2,238	8
2021	£176,648	£2,168	20
2020	£161,893	£1,856	14
2019	£156,145	£1,967	19
2018	£160,231	£2,010	18
2017	£162,293	£1,934	15
2016	£135,812	£1,796	16
2015	£129,056	£1,617	9
2014	£126,447	£1,693	19
2013	£125,286	£1,419	7
2012	£111,250	£1,346	10
2011	£111,214	£1,351	7
2010	£144,333	£1,632	6
2009	£101,250	£1,616	6
2008	£126,996	£1,607	12
2007	£123,680	£1,670	23
2006	£124,436	£1,530	38
2005	£101,479	£1,400	28
2004	£100,971	£1,326	33
2003	£85,108	£1,117	31
2002	£89,147	£1,243	29
2001	£59,300	£674	19
2000	£52,277	£701	15
1999	£42,157	£567	14
1998	£42,394	£534	10
1997	£40,000	£472	9
1996	£37,409	£503	11
1995	£42,607	£480	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,330		5
2023	£132,500	£2,391	8
2022	£128,000	£2,288	6
2021	£124,000	£2,166	6
2020	£118,369	£2,155	8
2019	£106,364	£1,793	11
2018	£115,000	£1,890	17
2017	£117,030	£1,967	15
2016	£116,077	£2,005	13
2015	£99,571	£1,691	14
2014	£92,821	£1,592	14
2013	£74,750	£1,137	6
2012	£91,750	£1,562	6
2011	£85,857	£1,422	7
2010	£88,200	£1,382	5
2008	£111,858	£1,864	5
2007	£109,062	£1,913	21
2006	£110,586	£1,891	14
2005	£103,427	£1,887	15
2004	£104,000	£1,883	4
2003	£92,488	£1,607	4
2002	£76,361	£1,434	24
2001	£47,690	£850	5
2000	£47,000	£765	3
1999	£36,062	£625	4
1998	£37,333	£700	3
1997	£37,031	£587	8
1996	£33,607	£550	7
1995	£36,890	£565	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,000		1
2023	£621,375		4
2022	£333,600	£3,465	5
2021	£971,809	£2,029	11
2020	£174,500		2
2019	£156,725	£5	2
2018	£1,280,000		2
2017	£228,572	£161	5
2016	£157,500		2
2015	£87,500		1
2014	£600,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,000		2
2023	£337,667	£3,136	6
2022	£333,595	£2,977	11
2021	£340,088	£2,549	8
2020	£220,000	£2,136	1
2019	£289,500	£2,384	5
2018	£300,400	£2,331	5
2017	£270,636	£2,498	7
2016	£252,071	£2,484	7
2015	£246,143	£1,862	7
2014	£227,783	£2,011	12
2013	£192,242	£1,856	6
2012	£204,495	£1,708	10
2011	£202,357	£1,910	7
2010	£166,083	£1,753	6
2009	£221,800	£1,668	5
2008	£249,000	£2,098	7
2007	£260,596	£1,997	22
2006	£254,041	£2,070	30
2005	£193,642	£2,200	6
2004	£165,650		3
2003	£155,994	£1,453	9
2002	£93,167	£1,400	3
2000	£96,000	£941	1
1999	£100,833	£1,250	3
1998	£85,000	£914	1
1997	£81,280	£731	5
1996	£71,333	£788	3
1995	£64,500	£750	2

House Type in B98 8LB area

The most common house types in the B98 8LB postcode area are Semi-detached (66), Terraced (55), and Detached (7).

Total	131
Semi-detached	66
Terraced	55
Detached	7
commercial building	2
Shared house	1
Flat	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (43), and Owned: Owns outright (28).

Social rented: Rents from council or Local Authority	43
Owned: Owns outright	28
Owned: Owns with a mortgage or loan	23
Social rented: Other social rented	16
Private rented: Private landlord or letting agency	14
Lives rent free	3
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0

Number of People in a Household

The most houses in the B98 8LB have 1 person in household (39), and 2 people in household (33).

1 person in household	39
2 people in household	33
3 people in household	26
4 people in household	12
5 people in household	7
6 people in household	5
7 people in household	5
8 or more people in household	1
0 people in household	0