Housing Market Analysis for B98 8LU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average B98 8LU 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.

    All the Sales in the B98 8LU

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

    AddressSold DatePrice% Change

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

    B98 8LU Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £118,289 median price is £118,000 Standard Deviation is £60,935 with Total Sold: 473
      • The Last 5 Year average price is £204,702 with Total Sold: 81
      • 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 , 127 LODGE ROAD: £40,000 (Sold on 10 Jan 1995)
    • Terraced
      • The average price is around £105,149 median price is £109,000 Standard Deviation is £46,476 with Total Sold: 863
      • The Last 5 Year average price is £164,469 with Total Sold: 122
      • 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 £88,556 median price is £95,000 Standard Deviation is £33,443 with Total Sold: 153
      • The Last 5 Year average price is £121,542 with Total Sold: 24
      • The most recent sale happened at this postcode is FLAT 5, 73 ARROW ROAD NORTH: £143,500 (Sold on 30 Apr 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 £498,821 median price is £226,000 Standard Deviation is £731,061 with Total Sold: 39
      • The Last 5 Year average price is £571,592 with Total Sold: 26
      • 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 , 2 GROVE STREET: £1,780,000 (Sold on 18 Dec 2014)
    • Detached
      • The average price is around £205,007 median price is £226,750 Standard Deviation is £90,011 with Total Sold: 92
      • The Last 5 Year average price is £320,186 with Total Sold: 11
      • The most recent sale happened at this postcode is , 20 WINTERBOURNE CLOSE: £295,000 (Sold on 15 Jan 2024)
      • The first recorded sale happened at this postcode is , 84A ST GEORGES ROAD: £53,000 (Sold on 28 Jul 1995)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£237,4005
    2023£235,158 £2,549 15
    2022£236,382 £2,444 17
    2021£183,677 £2,312 22
    2020£174,645 £2,110 11
    2019£171,455 £2,043 11
    2018£170,995 £1,989 10
    2017£159,291 £1,910 17
    2016£150,250 £1,845 12
    2015£128,707 £1,543 9
    2014£123,458 £1,442 12
    2013£138,500 £1,535 13
    2012£122,045 £1,508 10
    2011£109,636 £1,581 7
    2010£141,727 £1,568 11
    2009£116,411 £1,264 9
    2008£115,302 £1,420 12
    2007£132,283 £1,688 18
    2006£119,069 £1,576 21
    2005£126,017 £1,471 23
    2004£117,028 £1,356 26
    2003£119,945 £1,373 21
    2002£86,889 £1,143 34
    2001£65,109 £721 22
    2000£60,336 £714 22
    1999£48,671 £543 15
    1998£51,729 £598 17
    1997£41,125 £480 16
    1996£40,189 £509 19
    1995£40,219 £558 16
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£194,438 £1,983 8
    2023£160,235 £1,973 17
    2022£179,225 £2,057 20
    2021£168,141 £2,025 28
    2020£154,012 £1,913 21
    2019£152,107 £1,833 28
    2018£152,632 £1,994 22
    2017£146,287 £1,755 26
    2016£130,640 £1,585 25
    2015£124,858 £1,427 25
    2014£125,687 £1,588 32
    2013£110,769 £1,267 13
    2012£109,947 £1,282 19
    2011£117,844 £1,353 16
    2010£125,091 £1,581 11
    2009£105,045 £1,492 11
    2008£129,831 £1,469 21
    2007£125,059 £1,575 41
    2006£119,517 £1,497 59
    2005£108,212 £1,446 42
    2004£111,331 £1,414 57
    2003£89,623 £1,111 67
    2002£83,178 £1,060 62
    2001£52,781 £585 34
    2000£48,161 £608 37
    1999£42,530 £503 32
    1998£40,061 £447 24
    1997£35,615 £380 22
    1996£35,046 £415 25
    1995£35,817 £391 18
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£145,7502
    2023£127,750 £2,322 6
    2022£112,750 £1,950 4
    2021£111,000 £1,976 3
    2020£118,500 £2,200 4
    2019£120,200 £1,992 5
    2018£114,556 £1,891 9
    2017£114,222 £1,913 9
    2016£119,167 £1,934 3
    2015£89,188 £1,429 8
    2014£91,444 £1,483 9
    2013£83,833 £1,208 3
    2012£95,000 £1,773 1
    2011£85,000 £1,518 1
    2010£88,750 £1,415 4
    2008£114,500 £1,788 3
    2007£110,262 £1,907 13
    2006£102,500 £1,389 2
    2005£84,125 £1,560 4
    2004£106,000 £2,009 3
    2003£82,625 £1,426 4
    2002£74,727 £1,393 25
    2001£46,862 £866 4
    2000£47,000 £765 3
    1999£32,812 £575 4
    1998£30,500 £559 2
    1997£36,258 £621 6
    1996£33,950 £539 5
    1995£37,362 £591 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£175,0001
    2023£537,5003
    2022£394,667 £3,465 6
    2021£847,619 £1,984 12
    2020£178,0003
    2019£450 £5 1
    2018£534,500 £821 2
    2017£228,572 £161 5
    2016£132,7643
    2015£101,2502
    2014£1,780,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£295,0001
    2023£356,100 £2,892 5
    2022£321,275 £3,073 2
    2021£267,000 £2,674 2
    2019£270,000 £2,109 1
    2018£277,500 £2,210 2
    2017£250,000 £2,180 2
    2016£243,167 £2,527 3
    2015£300,000 £2,517 3
    2014£247,075 £2,171 6
    2012£248,500 £1,850 2
    2011£221,000 £2,110 4
    2010£182,667 £1,816 3
    2009£217,250 £1,765 4
    2008£258,000 £2,135 6
    2007£251,190 £1,834 5
    2006£248,349 £2,064 8
    2005£133,5002
    2004£158,738 £1,533 4
    2003£158,244 £1,457 8
    2002£94,250 £1,042 4
    2000£45,0001
    1999£117,500 £1,286 2
    1998£59,000 £566 3
    1997£72,500 £1,167 3
    1996£62,100 £566 5
    1995£53,0001

    House Type in B98 8LU area

    The most common house types in the B98 8LU postcode area are Semi-detached (88), Terraced (43), and Detached (6).

    Total137
    Semi-detached88
    Terraced43
    Detached6
    Flat0
    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 with a mortgage or loan (37), and Social rented: Rents from council or Local Authority (34).

    Owned: Owns with a mortgage or loan37
    Social rented: Rents from council or Local Authority34
    Owned: Owns outright27
    Private rented: Private landlord or letting agency20
    Social rented: Other social rented17
    Shared ownership: Shared ownership2
    Private rented: Other private rented2
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the B98 8LU have 2 people in household (44), and 3 people in household (26).

    2 people in household44
    3 people in household26
    4 people in household25
    1 person in household17
    5 people in household16
    6 people in household6
    8 or more people in household2
    7 people in household1
    0 people in household0