Housing Market Analysis for OLDBURY CLOSE, B98 8RE

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

Overview of Sold House prices

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

Terraced
- The average price is around £110,153 median price is £112,500 Standard Deviation is £45,798 with Total Sold: 53
- The Last 5 Year average price is £184,333 with Total Sold: 6
- The most recent sale happened at this postcode is 26 OLDBURY CLOSE: £220,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is 20 OLDBURY CLOSE: £42,750 (Sold on 02 May 1997)
Semi-Detached
- The average price is around £113,285 median price is £110,000 Standard Deviation is £58,797 with Total Sold: 17
- The Last 5 Year average price is £204,333 with Total Sold: 3
- The most recent sale happened at this postcode is 34 OLDBURY CLOSE: £198,000 (Sold on 30 Jan 2023)
- The first recorded sale happened at this postcode is 41 OLDBURY CLOSE: £44,500 (Sold on 19 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 8RE 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£220,000	£3,385	1
2022	£177,500	£2,782	2
2021	£186,000	£3,263	1
2020	£155,000	£2,500	1
2019	£190,000	£2,836	1
2018	£166,750	£2,408	4
2017	£147,000	£2,371	1
2016	£143,000	£2,424	1
2015	£138,750	£2,225	4
2014	£127,812	£1,986	4
2012	£115,000	£1,949	1
2011	£114,250	£1,776	2
2008	£127,750	£1,963	2
2007	£125,000	£1,923	1
2006	£88,750	£977	2
2005	£107,500	£1,706	1
2004	£106,580	£1,713	5
2003	£95,000	£1,596	2
2002	£70,200	£1,156	6
2001	£64,475	£970	2
2000	£55,300	£826	2
1999	£50,650	£830	3
1998	£40,500	£636	3
1997	£42,750	£690	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£198,000	£3,246	1
2022	£245,000	£3,224	1
2020	£170,000	£2,787	1
2018	£187,000	£2,865	1
2014	£135,000	£2,213	1
2010	£135,500	£2,076	1
2007	£140,000	£1,842	1
2005	£110,000	£1,864	1
2004	£96,950	£1,643	1
2003	£110,000	£1,685	1
2002	£88,000	£1,443	1
2000	£54,500	£924	1
1999	£45,950	£733	2
1998	£59,750	£851	2
1996	£44,500		1

All the Sales in the OLDBURY CLOSE, B98 8RE

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

Address	Sold Date	Price	% Change
26 OLDBURY CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 1976-1982	27 Oct 2023	£220,000	53.85%
	16 Oct 2015	£143,000	14.40%
	30 Nov 2007	£125,000	First Sale
34 OLDBURY CLOSESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1976-1982	30 Jan 2023	£198,000	16.47%
	26 Jun 2020	£170,000	First Sale
12 OLDBURY CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1976-1982	19 Dec 2022	£245,000	75.00%
	31 Oct 2007	£140,000	135.29%
	26 Jun 1998	£59,500	First Sale
8 OLDBURY CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	08 Apr 2022	£175,000	9.38%
	06 Aug 2018	£160,000	223.23%
	03 Sep 1999	£49,500	First Sale
24 OLDBURY CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1967-1975	31 Mar 2022	£180,000	30.91%
	20 Jun 2008	£137,500	58.05%
	29 Nov 2002	£87,000	67.31%
	26 Jan 2000	£52,000	First Sale
5 OLDBURY CLOSETerraced, LeaseholdArea: 57 Sq.mtrAge: 1930-1949	12 Aug 2021	£186,000	First Sale
30 OLDBURY CLOSETerraced, FreeholdArea: 62 Sq.mtrAge: 1976-1982	03 Feb 2020	£155,000	31.36%
	18 Apr 2008	£118,000	84.38%
	25 Jun 2002	£64,000	First Sale
27 OLDBURY CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-1975	16 Aug 2019	£190,000	29.03%
	11 Jul 2014	£147,250	First Sale
1 OLDBURY CLOSESemi-Detached, FreeholdArea: 65.27 Sq.mtrAge: 1976-1982	15 Aug 2018	£187,000	38.01%
	19 Nov 2010	£135,500	23.18%
	21 May 2003	£110,000	83.33%
	25 Sep 1998	£60,000	First Sale
32 OLDBURY CLOSETerraced, LeaseholdArea: 101 Sq.mtrAge: 1976-1982	27 Jul 2018	£175,000	First Sale
31 OLDBURY CLOSETerraced, LeaseholdArea: 61 Sq.mtrAge: 1976-1982	22 Jun 2018	£162,000	47.34%
	23 Jul 2004	£109,950	0.0
	23 Jul 2004	£109,950	144.33%
	09 Apr 1998	£45,000	First Sale
3 OLDBURY CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	04 May 2018	£170,000	190.10%
	30 Jun 2000	£58,600	First Sale
20 OLDBURY CLOSETerraced, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	15 Nov 2017	£147,000	17.60%
	05 Sep 2014	£125,000	192.40%
	02 May 1997	£42,750	First Sale
15 OLDBURY CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 1976-1982	03 Aug 2016	£143,000	24.35%
	20 Jan 2012	£115,000	4.55%
	14 Oct 2005	£110,000	13.46%
	27 Feb 2004	£96,950	77.89%
	28 Jan 2000	£54,500	First Sale
21 OLDBURY CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 1976-1982	22 Dec 2015	£141,500	8.85%
	07 Mar 2014	£130,000	First Sale
9 OLDBURY CLOSETerraced, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	05 Oct 2015	£133,000	23.72%
	22 Aug 2005	£107,500	103.02%
	18 Nov 1999	£52,950	First Sale
13 OLDBURY CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1976-1982	02 Apr 2015	£137,500	30.95%
	06 Jun 2003	£105,000	First Sale
33 OLDBURY CLOSESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1967-1975	08 Aug 2014	£135,000	53.41%
	23 Dec 2002	£88,000	First Sale
36 OLDBURY CLOSETerraced, LeaseholdArea: 63 Sq.mtrAge: 1983-1990	28 Feb 2014	£109,000	3.81%
	10 Sep 2004	£105,000	23.53%
	06 Aug 2003	£85,000	First Sale
7 OLDBURY CLOSETerraced, FreeholdArea: 62.7 Sq.mtrAge: 1976-1982	17 Jun 2011	£112,500	144.83%
	18 Jan 1999	£45,950	0.0
	18 Jan 1999	£45,950	First Sale
6 OLDBURY CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1976-1982	10 Jun 2011	£116,000	0.87%
	01 Jul 2004	£115,000	79.69%
	04 May 2001	£64,000	24.27%
	30 Jun 1998	£51,500	First Sale
28 OLDBURY CLOSETerraced, LeaseholdArea: 64 Sq.mtrAge: 1976-1982	27 Jul 2006	£62,500	150.00%
	23 Jan 1998	£25,000	First Sale
14 OLDBURY CLOSETerraced, Freehold	12 May 2006	£115,000	81.82%
14 OLDBURY CLOSETerraced, Freehold	03 May 2002	£63,250	First Sale
38 OLDBURY CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1976-1982	26 Mar 2004	£93,000	First Sale
25 OLDBURY CLOSETerraced, Leasehold	13 Dec 2002	£86,950	First Sale
10 OLDBURY CLOSETerraced, Freehold	27 Mar 2002	£59,999	0.0
10 OLDBURY CLOSETerraced, Freehold	27 Mar 2002	£59,999	First Sale
19 OLDBURY CLOSETerraced, Freehold	26 Nov 2001	£64,950	First Sale
18 OLDBURY CLOSETerraced, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	23 Aug 1999	£49,500	First Sale
41 OLDBURY CLOSESemi-Detached, Freehold	19 Jul 1996	£44,500	First Sale

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

OLDBURY CLOSE, B98 8RE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £115,622 median price is £115,000 Standard Deviation is £59,831 with Total Sold: 719
- The Last 5 Year average price is £211,700 with Total Sold: 88
- The most recent sale happened at this postcode is , 135 DONNINGTON CLOSE: £240,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 104 REDSTONE CLOSE: £55,500 (Sold on 27 Jan 1995)
Flat
- The average price is around £76,593 median price is £77,250 Standard Deviation is £32,773 with Total Sold: 154
- The Last 5 Year average price is £117,604 with Total Sold: 24
- The most recent sale happened at this postcode is , 58 HERONFIELD CLOSE: £108,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 7 TENBURY CLOSE: £40,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £210,783 median price is £211,000 Standard Deviation is £94,895 with Total Sold: 426
- The Last 5 Year average price is £325,238 with Total Sold: 80
- The most recent sale happened at this postcode is , 24 PAXFORD CLOSE: £315,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 11 MARSHFIELD CLOSE: £112,250 (Sold on 03 Mar 1995)
Terraced
- The average price is around £115,011 median price is £114,475 Standard Deviation is £50,319 with Total Sold: 880
- The Last 5 Year average price is £179,121 with Total Sold: 138
- The most recent sale happened at this postcode is , 32 SANDHURST CLOSE: £162,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 140 SANDHURST CLOSE: £37,250 (Sold on 20 Jan 1995)
Other
- The average price is around £75,080 median price is £23,438 Standard Deviation is £72,291 with Total Sold: 12
- The Last 5 Year average price is £89,522 with Total Sold: 4
- The most recent sale happened at this postcode is , 40 TENBURY CLOSE: £6,750 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 19 PAXFORD CLOSE: £27,875 (Sold on 12 Oct 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,990	£3,776	5
2023	£244,105	£3,561	20
2022	£230,192	£3,154	13
2021	£204,143	£3,087	14
2020	£184,847	£2,785	18
2019	£186,378	£2,757	18
2018	£183,948	£2,450	22
2017	£167,029	£2,341	19
2016	£170,550	£2,479	17
2015	£157,543	£2,150	21
2014	£137,086	£2,080	22
2013	£130,609	£1,925	23
2012	£150,600	£1,967	10
2011	£128,390	£1,962	15
2010	£130,500	£1,827	19
2009	£118,312	£1,946	8
2008	£151,874	£1,989	17
2007	£135,748	£1,991	31
2006	£143,269	£1,979	27
2005	£123,195	£1,839	32
2004	£119,185	£1,774	27
2003	£106,474	£1,571	38
2002	£78,429	£1,158	33
2001	£70,522	£997	38
2000	£64,417	£905	33
1999	£53,132	£780	49
1998	£52,359	£787	27
1997	£50,074	£682	38
1996	£46,876	£695	43
1995	£45,570	£662	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£108,000		1
2023	£131,100	£2,278	5
2022	£122,667	£2,577	3
2021	£124,000	£2,104	5
2020	£105,000	£2,763	1
2019	£107,333	£2,006	9
2018	£99,625	£1,942	4
2017	£91,333	£1,715	3
2016	£100,250	£1,797	6
2015	£102,500	£1,977	5
2014	£80,483	£1,533	6
2013	£108,542	£1,713	2
2012	£79,875	£1,347	4
2011	£84,850	£1,588	4
2010	£91,000	£1,552	4
2009	£69,750	£1,391	4
2008	£93,250	£1,775	2
2007	£96,200	£1,867	5
2006	£75,031	£1,461	8
2005	£86,421	£1,684	7
2004	£82,536	£1,489	11
2003	£69,733	£1,460	6
2002	£56,279	£1,175	7
2001	£46,180	£882	5
2000	£41,970	£847	10
1999	£41,372	£761	9
1998	£31,750	£538	2
1997	£30,843	£602	7
1996	£29,675	£662	4
1995	£34,090	£711	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£336,800	£4,038	5
2023	£347,965	£3,485	12
2022	£340,271	£3,632	12
2021	£348,932	£3,609	22
2020	£298,188	£3,089	12
2019	£283,615	£3,004	17
2018	£297,512	£2,974	21
2017	£259,750	£3,221	13
2016	£223,525	£2,811	10
2015	£250,262	£2,410	21
2014	£218,394	£2,318	19
2013	£223,992	£2,234	18
2012	£208,711	£2,095	14
2011	£228,744	£1,939	8
2010	£205,403	£2,069	16
2009	£210,550	£2,053	10
2008	£187,136	£1,983	11
2007	£236,102	£2,270	24
2006	£218,340	£2,121	10
2005	£200,990	£1,969	5
2004	£196,675	£1,647	14
2003	£161,938	£1,872	8
2002	£156,992	£1,267	19
2001	£121,046	£1,125	24
2000	£125,554	£1,133	14
1999	£99,012	£959	12
1998	£88,918	£917	17
1997	£85,043	£926	14
1996	£78,967	£876	15
1995	£72,361	£789	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,786	£1,696	7
2023	£191,442	£2,281	26
2022	£186,107	£2,303	27
2021	£197,850	£2,582	20
2020	£171,762	£2,148	29
2019	£158,507	£1,922	29
2018	£150,188	£1,950	40
2017	£151,947	£1,777	32
2016	£150,577	£1,922	35
2015	£138,840	£1,738	35
2014	£129,854	£1,690	39
2013	£114,481	£1,325	26
2012	£111,917	£1,313	28
2011	£128,689	£1,540	18
2010	£121,212	£1,533	16
2009	£112,245	£1,396	19
2008	£128,772	£1,746	18
2007	£125,982	£1,593	49
2006	£115,615	£1,496	55
2005	£109,118	£1,388	31
2004	£96,089	£1,361	43
2003	£83,984	£1,116	43
2002	£76,276	£1,114	39
2001	£62,294	£807	40
2000	£55,012	£677	28
1999	£47,429	£608	31
1998	£42,887	£630	23
1997	£48,071	£688	24
1996	£48,586	£743	15
1995	£40,489	£555	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£6,750		1
2022	£180,000	£2,338	1
2021	£159,000	£1,963	1
2020	£12,340		1
2018	£73,571	£1,421	7
2017	£27,875	£348	1

House Type in B98 8RE area

The most common house types in the B98 8RE postcode area are Terraced (53), Detached (41), and Semi-detached (29).

Total	123
Terraced	53
Detached	41
Semi-detached	29
Flat	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 with a mortgage or loan (61), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan	61
Owned: Owns outright	40
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	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
Lives rent free	0

Number of People in a Household

The most houses in the B98 8RE have 1 person in household (44), and 2 people in household (40).

1 person in household	44
2 people in household	40
3 people in household	17
4 people in household	17
5 people in household	5
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0