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House Prices in B96 House Prices in B96 (Redditch)

The average house price in B96 (Redditch) is £541,666 using HM Land Registry data.

The average property price increased by £119,005 (23.15%) over the last 5 years and increased by £23,844 (3.56%) over the last 12 months.

Over the last year, there were 55 residential property sales – a decrease of 8 transactions (-14.55%) relative to the previous year. The majority of house sales (11) were in the £506,000 - £618,000 range. Then came properties in the £282,000 - £394,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,125 (-2%).

In Dec 24, there were 6 new estate agency instructions, 8 agreed home sales and 4 property price reductions.

Nearby Postcodes: , B45, B48, B49, B50, B60, B61, B80, B95, B97, B98, CV37, DY10, DY11, DY13, WR10, WR11, WR2, WR3, WR4, WR5, WR6, WR7, WR8, WR9, WR99

5-Year Average Property Prices in B96 (Redditch)

23.15%

Property prices in Redditch increased by 23.15% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B96 (Redditch) Over the Last Year

3.56%

Property prices in Redditch increased by 3.56% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for B96 (Redditch) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B96 (Redditch)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B96 (Redditch)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B96 (Redditch)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B96 (Redditch) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B96 postcode area since 1995.

Recent Sales in B96 (Redditch)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 High Street, Feckenham, Redditch, Worcestershire, B96 6HS£575,000£573,000-£2,00006 Jun 202425 Oct 2024141 Days
Mayfield, Oak Tree Lane, Sambourne, Redditch, Warwickshire, B96 6EY£575,000£570,000-£5,00019 Apr 202411 Oct 2024175 Days
23 Chapel Road, Astwood Bank, Redditch, Worcestershire, B96 6AL£340,000£340,000£0022 May 202404 Oct 2024135 Days
6 Turton Gardens, Feckenham, Redditch, Worcestershire, B96 6JB£700,000£700,000£0019 Oct 202303 Oct 2024350 Days
2 Chestnut Road, Astwood Bank, Redditch, Worcestershire, B96 6AF£475,000£469,000-£6,00001 Apr 202427 Sep 2024179 Days
8 Joseph Perkins Close, Astwood Bank, Redditch, Worcestershire, B96 6EQ£185,000£165,000-£20,00014 Feb 202406 Sep 2024205 Days
92 Avenue Road, Astwood Bank, Redditch, Worcestershire, B96 6AT£495,000£495,000£0013 May 202408 Aug 202487 Days
66a, The Ridgeway, Astwood Bank, Redditch, Worcestershire, B96 6LX£600,000£600,000£0020 Mar 202407 Aug 2024140 Days
4 Yeomans Close, Astwood Bank, Redditch, Worcestershire, B96 6ET£185,000£178,000-£7,00027 Jan 202428 Jun 2024153 Days
1318 Evesham Road, Astwood Bank, Redditch, Worcestershire, B96 6BD£285,000£285,000£0023 Mar 202419 Jun 202488 Days
Aldworth, Oak Tree Lane, Sambourne, Redditch, Warwickshire, B96 6EY£625,000£615,000-£10,00026 Dec 202317 Jun 2024174 Days
1130 Evesham Road, Astwood Bank, Redditch, Worcestershire, B96 6EA£529,000£525,000-£4,00024 Nov 202303 Apr 2024131 Days
25 Chestnut Road, Astwood Bank, Redditch, Worcestershire, B96 6AF£325,000£315,000-£10,00020 Oct 202328 Mar 2024160 Days
33 The Ridgeway, Astwood Bank, Redditch, Worcestershire, B96 6LS£550,000£525,000-£25,00014 Mar 202414 Mar 20240 Days
8 Chestnut Road, Astwood Bank, Redditch, Worcestershire, B96 6AF£435,000£397,000-£38,00020 Dec 202208 Mar 2024444 Days
1331 Evesham Road, Astwood Bank, Redditch, Worcestershire, B96 6AY£375,000£366,250-£8,75026 Dec 202304 Mar 202469 Days
15 Foregate Street, Astwood Bank, Redditch, Worcestershire, B96 6BW£560,000£540,000-£20,00007 Jul 202301 Mar 2024238 Days
6 Badger Brook Lane, Astwood Bank, Redditch, Worcestershire, B96 6EJ£650,000£632,500-£17,50008 Nov 202302 Feb 202486 Days
12 New Road, Astwood Bank, Redditch, Worcestershire, B96 6AW£410,000£377,000-£33,00019 Sep 202330 Jan 2024133 Days
11a, Feckenham Road, Astwood Bank, Redditch, Worcestershire, B96 6DS£130,000£125,000-£5,00028 Sep 202321 Dec 202384 Days

Most Expensive Streets in B96 (Redditch)

PostcodeStreetAreaAverageNo. of Sales
B96 6PASambourne Lane, SambourneRedditch£1,005,3333
B96 6BJManders Close, Astwood BankRedditch£748,3333
B96 6PJSambourne Lane Farm, Sambourne LaneRedditch£702,5004
B96 6BAEvesham Road, Astwood BankRedditch£675,0003
B96 6PDPerrymill Lane, SambourneRedditch£660,0003
B96 6PESt Josephs Court, Sambourne LaneRedditch£651,5004
B96 6QUDroitwich Road, Bradley GreenRedditch£644,7674
B96 6NWWood Lane, New EndRedditch£572,3333
B96 6JTSalt Way, Astwood BankRedditch£571,1666
B96 6NESalt Way, New EndRedditch£570,0003

Least Expensive Streets in B96 (Redditch)

PostcodeStreetAreaAverageNo. of Sales
B96 6AAEvesham Road, Astwood BankRedditch£184,1339
B96 6DSFeckenham Road, Astwood BankRedditch£186,6663
B96 6BWForegate Street, Astwood BankRedditch£193,92814
B96 6ALChapel Road, Astwood BankRedditch£213,0005
B96 6AJForegate Street, Astwood BankRedditch£246,2005
B96 6DYEvesham Road, Astwood BankRedditch£247,2229
B96 6BSButler Street, Astwood BankRedditch£247,5003
B96 6BHDewsbury Close, Astwood BankRedditch£248,5624
B96 6EQJoseph Perkins Close, Astwood BankRedditch£254,9005
B96 6AUAvenue Road, Astwood BankRedditch£258,3577

Explore B96 (Redditch) using map

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