FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in B97

House Prices in B97 House Prices in B97 (Redditch)

The average house price in B97 (Redditch) is £307,710 using HM Land Registry data.

The average property price increased by £36,062 (10.91%) over the last 5 years and increased by £7,226 (1.83%) over the last 12 months.

Over the last year, there were 366 residential property sales – a decrease of 109 transactions (-29.78%) relative to the previous year. The majority of house sales (81) were in the £216,000 - £272,000 range. Then came properties in the £160,000 - £216,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,168 (-2%).

In Dec 24, there were 38 new estate agency instructions, 44 agreed home sales and 20 property price reductions.

Nearby Postcodes: B31, B38, B45, B47, B48, B49, B60, B61, B80, B94, B95, B96, B98, WR7, WR9

5-Year Average Property Prices in B97 (Redditch)

10.91%

Property prices in Redditch increased by 10.91% 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 B97 (Redditch) Over the Last Year

1.83%

Property prices in Redditch increased by 1.83% 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 B97 (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 B97 (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 B97 (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 B97 (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 B97 (Redditch) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B97 postcode area since 1995.

Recent Sales in B97 (Redditch)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
147 Bromsgrove Road, Redditch, Worcestershire, B97 4SG£349,950£345,000-£4,95008 May 202422 Nov 2024198 Days
311 Salters Lane, Redditch, Worcestershire, B97 6LD£150,000£148,000-£2,00029 Jun 202431 Oct 2024124 Days
2 Vowchurch Close, Redditch, Worcestershire, B97 6UH£220,000£218,500-£1,50006 Aug 202428 Oct 202483 Days
26 Erwood Close, Headless Cross, Redditch, Worcestershire, B97 5XD£340,000£330,000-£10,00004 Oct 202325 Oct 2024387 Days
22 Ash Tree Road, Redditch, Worcestershire, B97 6JL£209,950£205,000-£4,95025 Apr 202425 Oct 2024183 Days
16 Moorcroft Close, Redditch, Worcestershire, B97 5WB£385,000£370,000-£15,00004 May 202418 Oct 2024167 Days
96 The Meadway, Redditch, Worcestershire, B97 5AF£285,000£278,000-£7,00020 Apr 202418 Oct 2024181 Days
Apartment 24, Prospect View, Clive Road, Redditch, Worcestershire, B97 4BE£125,000£122,500-£2,50013 May 202417 Oct 2024157 Days
6 Lily Green Lane, Redditch, Worcestershire, B97 6TZ£305,000£295,000-£10,00016 Jan 202411 Oct 2024269 Days
1 Shelley Close, Redditch, Worcestershire, B97 5BE£385,000£380,000-£5,00016 May 202407 Oct 2024144 Days
31 Sheepcroft Close, Redditch, Worcestershire, B97 5RZ£180,000£175,000-£5,00021 May 202402 Oct 2024134 Days
36 Stonehouse Close, Redditch, Worcestershire, B97 4LF£185,000£185,000£0027 Mar 202420 Aug 2024146 Days
192 Walkwood Road, Redditch, Worcestershire, B97 5NX£259,950£235,000-£24,95021 Feb 202415 Aug 2024176 Days
33 Longfellow Close, Redditch, Worcestershire, B97 5HW£285,000£265,000-£20,00002 Jan 202408 Aug 2024219 Days
2 Lightoak Close, Redditch, Worcestershire, B97 5NQ£220,000£220,000£0020 Mar 202407 Aug 2024140 Days
375 Evesham Road, Redditch, Worcestershire, B97 5JA£200,000£198,800-£1,20019 Apr 202402 Aug 2024105 Days
24 Milford Close, Redditch, Worcestershire, B97 5PZ£400,000£375,000-£25,00001 Feb 202401 Aug 2024182 Days
313b, Evesham Road, Redditch, Worcestershire, B97 5HL£120,000£112,500-£7,50004 Jan 202430 Jul 2024208 Days
27 Ferney Hill Avenue, Redditch, Worcestershire, B97 4RU£250,000£248,000-£2,00026 Oct 202329 Jul 2024277 Days
6 Dunstall Close, Redditch, Worcestershire, B97 5UY£485,000£485,000£0023 Apr 202425 Jul 202493 Days

Most Expensive Streets in B97 (Redditch)

PostcodeStreetAreaAverageNo. of Sales
B97 6QHHewell LaneRedditch£603,2504
B97 5PNCrumpfields LaneRedditch£588,1878
B97 5QPFeckenham Road, Hunt EndRedditch£559,5004
B97 5YWThorncliffe Close, Callow HillRedditch£531,1663
B97 6RLBirmingham RoadRedditch£529,0624
B97 5XSChesterton CloseRedditch£524,2857
B97 5QGFeckenham Road, Hunt EndRedditch£513,3333
B97 5XBFenwick CloseRedditch£499,7504
B97 5XYClaverdon Close, Hunt EndRedditch£486,5003
B97 5YPPartridge Lane, Callow HillRedditch£465,0003

Least Expensive Streets in B97 (Redditch)

PostcodeStreetAreaAverageNo. of Sales
B97 4AWUnicorn House, Unicorn HillRedditch£82,5836
B97 4JEMount PleasantRedditch£89,8333
B97 4JWSouthcrest GardensRedditch£90,0004
B97 4JNSouthcrest GardensRedditch£101,68419
B97 5GLGlendale TerraceRedditch£111,9005
B97 6AERyland House, Hewell RoadRedditch£116,1037
B97 6AHGloucester CloseRedditch£123,72733
B97 6AJHollington House, Dixon CloseRedditch£124,09011
B97 4BYProspect HillRedditch£125,3577
B97 4BEProspect View, Clive RoadRedditch£126,65010

Explore B97 (Redditch) using map

Sell Your
House Fast
Property Auctions Redditch
Property Auctions Redditch
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark