Housing Market Analysis for PRESTON CLOSE, B98 8RU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £237,911 median price is £248,500 Standard Deviation is £81,529 with Total Sold: 17
    • The Last 5 Year average price is £330,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 12 PRESTON CLOSE: £400,000 (Sold on 04 Mar 2022)
    • The first recorded sale happened at this postcode is 3 PRESTON CLOSE: £98,000 (Sold on 05 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 8RU 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
2022£400,000 £3,077 1
2021£351,000 £3,026 1
2020£270,000 £2,523 1
2019£300,000 £3,158 1
2018£310,000 £2,313 1
2016£250,000 £2,083 1
2015£235,000 £1,975 1
2014£249,995 £2,155 1
2013£253,500 £2,044 2
2009£248,500 £1,912 1
2007£230,000 £2,421 1
2005£222,500 £2,342 1
2002£175,000 £1,343 1
2001£102,500 £1,079 1
1998£95,000 £552 1
1997£98,000 £831 1

All the Sales in the PRESTON CLOSE, B98 8RU

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

AddressSold DatePrice% Change
12 PRESTON CLOSEDetached, FreeholdArea: 130 Sq.mtrAge: 1976-198204 Mar 2022£400,00049.81%
25 Oct 2013£267,0007.44%
11 Sep 2009£248,50042.00%
23 Aug 2002£175,000First Sale
10 PRESTON CLOSEDetached, FreeholdArea: 116 Sq.mtrAge: 1976-198225 Feb 2021£351,00040.40%
11 Aug 2014£249,995First Sale
2 PRESTON CLOSEDetached, LeaseholdArea: 107 Sq.mtrAge: 1983-199007 Oct 2020£270,000First Sale
1 PRESTON CLOSEDetached, FreeholdArea: 95 Sq.mtrAge: 1976-198227 Sep 2019£300,00030.43%
23 Feb 2007£230,0003.37%
11 Nov 2005£222,500117.07%
31 Aug 2001£102,500First Sale
4 PRESTON CLOSEDetached, LeaseholdArea: 134 Sq.mtrAge: 1976-198208 Oct 2018£310,000First Sale
11 PRESTON CLOSEDetached, LeaseholdArea: 120 Sq.mtrAge: 1976-198205 Oct 2016£250,000First Sale
6 PRESTON CLOSEDetached, LeaseholdArea: 119 Sq.mtrAge: 1976-198220 Apr 2015£235,000147.37%
07 Aug 1998£95,000First Sale
3 PRESTON CLOSEDetached, FreeholdArea: 118 Sq.mtrAge: 1983-199028 Jun 2013£240,000144.90%
05 Sep 1997£98,000First Sale

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

PRESTON CLOSE, B98 8RU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £130,067 median price is £128,000 Standard Deviation is £68,536 with Total Sold: 287
    • The Last 5 Year average price is £240,647 with Total Sold: 36
    • The most recent sale happened at this postcode is , 104 REDSTONE CLOSE: £259,950 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 104 REDSTONE CLOSE: £55,500 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £226,041 median price is £229,950 Standard Deviation is £107,567 with Total Sold: 545
    • The Last 5 Year average price is £350,957 with Total Sold: 98
    • 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 , 19 ICKNIELD STREET: £200,000 (Sold on 09 Jan 1995)
  • Terraced
    • The average price is around £122,897 median price is £120,000 Standard Deviation is £53,916 with Total Sold: 336
    • The Last 5 Year average price is £182,744 with Total Sold: 60
    • The most recent sale happened at this postcode is , 212 UPPER FIELD CLOSE: £185,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 36 OFFENHAM CLOSE: £59,000 (Sold on 10 Apr 1995)
  • Flat
    • The average price is around £74,187 median price is £82,500 Standard Deviation is £35,962 with Total Sold: 15
    • The Last 5 Year average price is £92,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 62 NORTHLEACH CLOSE: £105,000 (Sold on 11 Apr 2023)
    • The first recorded sale happened at this postcode is , 59 OLDBURY CLOSE: £46,000 (Sold on 25 Apr 1997)
  • Other
    • The average price is around £20,108 median price is £20,108 Standard Deviation is £7,768 with Total Sold: 2
    • The Last 5 Year average price is £12,340 with Total Sold: 1
    • The most recent sale happened at this postcode is , 62 REDSTONE CLOSE: £12,340 (Sold on 17 Feb 2020)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,4752
2023£285,956 £4,133 9
2022£246,000 £3,048 3
2021£240,333 £3,241 6
2020£219,469 £2,941 8
2019£205,625 £2,928 8
2018£195,019 £2,773 8
2017£178,010 £2,889 5
2016£177,245 £2,541 10
2015£184,938 £2,238 8
2014£157,658 £1,938 6
2013£154,857 £2,210 7
2012£170,667 £1,985 6
2011£146,908 £2,229 6
2010£135,882 £1,948 11
2009£165,000 £1,850 3
2008£176,986 £2,070 7
2007£152,357 £1,974 7
2006£157,593 £2,174 14
2005£143,441 £1,938 11
2004£146,123 £1,891 11
2003£122,047 £1,730 15
2002£91,792 £1,207 12
2001£83,165 £1,177 13
2000£71,250 £1,013 19
1999£58,962 £870 19
1998£57,723 £842 13
1997£55,747 £705 15
1996£51,219 £787 13
1995£50,154 £684 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£392,800 £4,038 5
2023£385,048 £3,585 12
2022£340,271 £3,632 12
2021£349,573 £3,553 23
2020£304,518 £3,103 14
2019£356,953 £2,949 32
2018£319,152 £3,010 28
2017£284,153 £3,064 18
2016£275,942 £2,836 13
2015£254,278 £2,446 25
2014£233,644 £2,342 24
2013£235,854 £2,261 25
2012£236,775 £2,057 18
2011£235,905 £1,957 11
2010£227,498 £2,035 20
2009£215,708 £2,095 12
2008£215,500 £2,073 14
2007£237,953 £2,244 33
2006£227,909 £2,145 11
2005£224,750 £2,141 6
2004£216,839 £1,747 19
2003£184,923 £1,891 15
2002£157,265 £1,327 20
2001£128,771 £1,187 26
2000£130,460 £1,168 20
1999£106,150 £960 13
1998£99,607 £1,036 23
1997£99,524 £900 23
1996£83,794 £876 17
1995£92,212 £844 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£148,750 £1,293 2
2023£193,071 £2,386 14
2022£164,350 £2,198 13
2021£209,792 £2,904 12
2020£180,964 £2,509 11
2019£164,938 £2,260 8
2018£158,806 £2,211 18
2017£162,100 £2,149 10
2016£147,781 £2,121 16
2015£147,908 £2,077 12
2014£137,026 £2,033 17
2013£117,722 £1,495 9
2012£119,519 £1,548 10
2011£146,612 £1,905 4
2010£128,090 £1,656 5
2009£127,683 £1,767 9
2008£129,364 £1,806 11
2007£129,521 £1,732 17
2006£122,956 £1,735 24
2005£129,250 £2,057 4
2004£103,857 £1,688 15
2003£86,212 £1,283 16
2002£77,450 £1,272 16
2001£72,997 £1,004 17
2000£60,172 £813 9
1999£44,500 £668 9
1998£43,772 £799 9
1997£48,490 £816 10
1996£49,740 £868 5
1995£42,475 £755 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£105,000 £2,561 1
2019£85,500 £2,039 2
2015£125,000 £1,533 1
2011£113,400 £1,391 1
2007£108,000 £2,098 2
2004£106,000 £1,300 1
2003£68,950 £1,682 1
2001£39,000 £951 1
1999£32,9501
1998£31,750 £538 2
1997£36,0002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£12,3401
2017£27,875 £348 1

House Type in B98 8RU area

The most common house types in the B98 8RU postcode area are Detached (102), Terraced (9), and Semi-detached (2).

Total114
Detached102
Terraced9
Semi-detached2
Flat1
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 outright (73), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright73
Owned: Owns with a mortgage or loan39
Social rented: Rents from council or Local Authority3
Private rented: Private landlord or letting agency1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B98 8RU have 2 people in household (51), and 1 person in household (24).

2 people in household51
1 person in household24
4 people in household18
3 people in household15
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0