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Redditch House Prices Redditch House Prices

The average house price in Redditch is £251,741 using HM Land Registry data.

The average property price increased by £31,691 (13.37%) over the last 5 years and increased by £6,348 (2.42%) over the last 12 months.

Over the last year, there were 814 residential property sales – a decrease of 186 transactions (-22.85%) relative to the previous year. The majority of house sales (188) were in the £202,000 - £254,000 range. Then came properties in the £150,000 - £202,000 range, where 184 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 139 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,037 (-1%).

In January 2025, there were 166 new estate agency instructions, 125 agreed home sales and 32 property price reductions.

Neighbouring Areas: Studley

Postcodes Covered: B80, B96, B97, B98

5-Year Average Property Prices in Redditch

13.37%

Property prices in Redditch increased by 13.37% 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 Redditch Over the Last Year

2.42%

Property prices in Redditch increased by 2.42% 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 Redditch - January 2025

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 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 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 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 Redditch since 1995

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

Recent Property Sales in Redditch

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Avenbury Close, Redditch, Worcestershire, B98 0AY£350,000£345,000-£5,00025 Sep 202406 Dec 202472 Days
71 Longdon Close, Redditch, Worcestershire, B98 7UZ£170,000£165,000-£5,00026 Jul 202405 Dec 2024132 Days
1 Ash Tree Road, Redditch, Worcestershire, B97 6JL£165,000£160,000-£5,00004 Jul 202429 Nov 2024148 Days
14 Brookfield Close, Hunt End, Redditch, Worcestershire, B97 5LL£470,000£460,000-£10,00012 Jun 202428 Nov 2024169 Days
30 Polesworth Close, Redditch, Worcestershire, B98 0EE£240,000£230,000-£10,00005 Mar 202428 Nov 2024268 Days
147 Bromsgrove Road, Redditch, Worcestershire, B97 4SG£349,950£345,000-£4,95008 May 202422 Nov 2024198 Days
38 Ryton Close, Matchborough, Redditch, Worcestershire, B98 0EW£115,000£115,000£020 Nov 202321 Nov 2024367 Days
8 Shireland Lane, Redditch, Worcestershire, B97 6UB£375,000£375,000£013 Aug 202420 Nov 202499 Days
72 Southcrest Gardens, Redditch, Worcestershire, B97 4JW£120,000£118,500-£1,50028 Jun 202415 Nov 2024140 Days
80 Edgeworth Close, Church Hill, Redditch, Worcestershire, B98 8QQ£115,000£112,500-£2,50022 May 202415 Nov 2024177 Days
Field Farm, Ipsley Lane, Redditch, Worcestershire, B98 0AP£685,000£682,000-£3,00003 Oct 202415 Nov 202443 Days
9 Upton Close, Redditch, Worcestershire, B98 0PD£225,000£225,000£029 Jun 202411 Nov 2024135 Days
34 Eyton Close, Redditch, Worcestershire, B98 0JY£250,000£240,000-£10,00021 May 202408 Nov 2024171 Days
133 Maisemore Close, Church Hill, Redditch, Worcestershire, B98 9LP£295,000£285,000-£10,00001 Nov 202308 Nov 2024373 Days
27 Winstone Close, Redditch, Worcestershire, B98 8JS£200,000£192,000-£8,00011 Jan 202408 Nov 2024302 Days
177 Loxley Close, Redditch, Worcestershire, B98 9JJ£195,000£191,000-£4,00008 Aug 202404 Nov 202488 Days
96 Donnington Close, Church Hill, Redditch, Worcestershire, B98 8QE£190,000£189,000-£1,00001 Jul 202401 Nov 2024123 Days
311 Salters Lane, Redditch, Worcestershire, B97 6LD£150,000£148,000-£2,00029 Jun 202431 Oct 2024124 Days
28 Ettingley Close, Redditch, Worcestershire, B98 7UF£450,000£450,000£004 Apr 202429 Oct 2024208 Days
2 Vowchurch Close, Redditch, Worcestershire, B97 6UH£220,000£218,500-£1,50006 Aug 202428 Oct 202483 Days

Most Expensive Streets in Redditch

PostcodeStreetAreaAverageNo. of Sales
B80 7DPCommon LaneMappleborough Green£798,3333
B80 7DNLapwing CourtMappleborough Green£698,0003
B97 5PNCrumpfields LaneRedditch£588,1878
B97 5QPFeckenham RoadHunt End£559,5004
B97 5YWThorncliffe CloseCallow Hill£531,1663
B97 5XSChesterton CloseRedditch£524,2857
B97 5QGFeckenham RoadHunt End£513,3333
B97 5XBFenwick CloseRedditch£499,7504
B97 5XYClaverdon CloseHunt End£486,5003
B98 8RWMarshfield CloseRedditch£468,3333

Least Expensive Streets in Redditch

PostcodeStreetAreaAverageNo. of Sales
B98 8BLOak HouseHerbert Street, Redditch£77,0003
B97 4AWUnicorn HouseUnicorn Hill£82,5836
B97 4JEMount PleasantRedditch£91,7504
B97 4JWSouthcrest GardensRedditch£94,3336
B97 4JNSouthcrest GardensRedditch£102,47319
B98 9NSWoodgate CloseRedditch£108,2504
B98 0LAFownhope CloseRedditch£108,5004
B98 9JRHawksbury CloseRedditch£109,3336
B98 7BJDinglesideGlover Street, Redditch£110,3336
B97 5GLGlendale TerraceRedditch£111,9005

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