Housing Market Analysis for MADELEY ROAD, B98 9NB

Are you looking to understand B98 9NB 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 9NB area, explore the B98 9NB Area information page.
For comprehensive crime statistics in the B98 9NB area, explore the B98 9NB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the B98 9NB postcode area, The average prices are as follows,

  • Other
    • The average price is around £378,000 median price is £378,000 Standard Deviation is £347,000 with Total Sold: 2
    • The Last 5 Year average price is £725,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 1 MADELEY ROAD: £725,000 (Sold on 02 Jun 2021)
    • The first recorded sale happened at this postcode is UNIT 13 MADELEY ROAD: £31,000 (Sold on 21 Dec 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average B98 9NB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£725,0001
2018£31,0001

All the Sales in the MADELEY ROAD, B98 9NB

See the table below for more details on the sold house prices in the B98 9NB, Redditch postcode.

AddressSold DatePrice% Change
UNIT 1 MADELEY ROADOther, Freehold02 Jun 2021£725,000First Sale
UNIT 13 MADELEY ROADOther, Leasehold21 Dec 2018£31,000First Sale

Check out the sold house prices near the B98 9NB postcode. Properties currently for saleProperties currently for rent

MADELEY ROAD, B98 9NB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the B98 9NB 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 9NB postcode.

  • Other
    • The average price is around £1,640,689 median price is £375,180 Standard Deviation is £3,868,854 with Total Sold: 55
    • The Last 5 Year average price is £1,035,530 with Total Sold: 25
    • The most recent sale happened at this postcode is , KETTLER (GB) LTD MERSE ROAD: £4,800,000 (Sold on 27 Feb 2024)
    • The first recorded sale happened at this postcode is UNIT 10, CENTECH PARK FRINGE MEADOW ROAD: £150,000 (Sold on 31 Jul 2014)
  • Terraced
    • The average price is around £198,000 median price is £198,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £198,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7, REGENTS COURT FAR MOOR LANE: £198,000 (Sold on 01 Feb 2021)
    • The first recorded sale happened at this postcode is 7, REGENTS COURT FAR MOOR LANE: £198,000 (Sold on 01 Feb 2021)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,800,0001
2023£938,6676
2022£1,000,0001
2021£1,050,0008
2020£826,2505
2019£481,2504
2018£2,281,97115
2017£3,454,8958
2016£303,5004
2015£558,4702
2014£150,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£198,0001

House Type in B98 9NB area

The most common house types in the B98 9NB postcode area are Detached (125), Terraced (2), and Semi-detached (1).

Total129
Detached125
Terraced2
Semi-detached1
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 (96), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright96
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency2
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the B98 9NB have 2 people in household (63), and 1 person in household (27).

2 people in household63
1 person in household27
3 people in household22
4 people in household11
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0