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House Prices in B98

The average house price in B98 (Redditch) is £249,261 using HM Land Registry data.

The average property price increased by £38,379 (43.78%) over the last 5 years and increased by £7,690 (5.9%) over the last 12 months.

Over the last year, there were 473 residential property sales – a decrease of 71 transactions (-15.01%) relative to the previous year. The majority of house sales (124) were in the £150,000 - £198,000 range. Then came properties in the £198,000 - £246,000 range, where 100 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 192 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,298 (-1%).

In March 2025, there were 79 new estate agency instructions, 63 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in B98 (Redditch)

43.78%

Property prices in B98 (Redditch) increased by 43.78% 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 B98 (Redditch) Over the Last Year

5.9%

Property prices in B98 (Redditch) increased by 5.9% 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.

Property Market Heat Gauge for B98 (Redditch) - March 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 B98 (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 B98 (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 B98 (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 B98 (Redditch) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B98 postcode area since 1995.

Recent Sales in B98 (Redditch)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
36 Donnington Close, Church Hill, Redditch, Worcestershire, B98 8QD	£190,000	£184,820	-£5,180	14 Sep 2024	21 Feb 2025	160 Days
1 Collinson Close, Redditch, Worcestershire, B98 7LW	£270,000	£250,000	-£20,000	26 Jul 2024	07 Feb 2025	196 Days
35 Britannia Close, Redditch, Worcestershire, B98 7BN	£130,000	£130,000	£0	19 Jul 2024	27 Jan 2025	192 Days
63 Otter Close, Redditch, Worcestershire, B98 0SJ	£375,000	£375,000	£0	05 Nov 2024	16 Jan 2025	72 Days
31 Oldbury Close, Church Hill, Redditch, Worcestershire, B98 8RE	£190,000	£185,000	-£5,000	21 Sep 2024	07 Jan 2025	108 Days
5 Parkfield Close, Redditch, Worcestershire, B98 8TA	£160,000	£160,000	£0	23 Sep 2024	03 Jan 2025	102 Days
68 Oakham Close, Redditch, Worcestershire, B98 7YQ	£400,000	£400,000	£0	06 Oct 2024	19 Dec 2024	74 Days
41 Crabtree Close, Redditch, Worcestershire, B98 7JT	£210,000	£205,000	-£5,000	10 May 2024	17 Dec 2024	221 Days
57 Oakham Close, Redditch, Worcestershire, B98 7YQ	£355,000	£351,000	-£4,000	22 May 2024	16 Dec 2024	208 Days
10 Ettingley Close, Redditch, Worcestershire, B98 7UF	£420,000	£410,000	-£10,000	21 Sep 2023	16 Dec 2024	452 Days
7 The Glebe, Beoley, Redditch, Worcestershire, B98 9AW	£150,000	£147,500	-£2,500	15 Apr 2024	13 Dec 2024	242 Days
18 Cleeve Close, Church Hill, Redditch, Worcestershire, B98 9HR	£220,000	£220,000	£0	02 Aug 2024	13 Dec 2024	133 Days
14 Avenbury Close, Redditch, Worcestershire, B98 0AY	£350,000	£345,000	-£5,000	25 Sep 2024	06 Dec 2024	72 Days
71 Longdon Close, Redditch, Worcestershire, B98 7UZ	£170,000	£165,000	-£5,000	26 Jul 2024	05 Dec 2024	132 Days
Ashmartin, Cherrypit Lane, Beoley, Redditch, Worcestershire, B98 9DH	£1,200,000	£1,175,000	-£25,000	31 May 2024	05 Dec 2024	188 Days
30 Polesworth Close, Redditch, Worcestershire, B98 0EE	£240,000	£230,000	-£10,000	05 Mar 2024	28 Nov 2024	268 Days
38 Ryton Close, Matchborough, Redditch, Worcestershire, B98 0EW	£115,000	£115,000	£0	20 Nov 2023	21 Nov 2024	367 Days
80 Edgeworth Close, Church Hill, Redditch, Worcestershire, B98 8QQ	£115,000	£112,500	-£2,500	22 May 2024	15 Nov 2024	177 Days
135 Hither Green Lane, Redditch, Worcestershire, B98 9AZ	£800,000	£780,000	-£20,000	30 Aug 2024	15 Nov 2024	77 Days
Field Farm, Ipsley Lane, Redditch, Worcestershire, B98 0AP	£685,000	£682,000	-£3,000	03 Oct 2024	15 Nov 2024	43 Days

Most Expensive Streets in B98 (Redditch)

Postcode	Street	Area	Average	No. of Sales
B98 9AZ	Hither Green Lane	Redditch	£726,250	4
B98 9AD	Icknield Street, Church Hill North	Redditch	£616,600	5
B98 9BN	Hither Green Lane	Redditch	£613,916	12
B98 9BW	Hither Green Lane	Redditch	£612,142	7
B98 9ES	Ullenhall Lane, Beoley	Redditch	£583,333	3
B98 8RW	Marshfield Close	Redditch	£468,333	3
B98 8PX	Brooklands Lane	Redditch	£449,300	5
B98 9AU	Moss Lane Close, Beoley	Redditch	£441,666	3
B98 0SJ	Otter Close	Redditch	£428,583	9
B98 7YU	Lineholt Close	Redditch	£426,875	8

Least Expensive Streets in B98 (Redditch)

Postcode	Street	Area	Average	No. of Sales
B98 9NS	Woodgate Close	Redditch	£108,250	4
B98 0LA	Fownhope Close	Redditch	£108,500	4
B98 9JR	Hawkesbury Close	Redditch	£109,333	6
B98 7BJ	Dingleside, Glover Street, Redditch	Redditch	£110,333	6
B98 7AY	Marsden Road	Redditch	£118,416	3
B98 7XL	High Trees Close	Redditch	£120,400	5
B98 8QQ	Edgeworth Close, Church Hill	Redditch	£122,750	4
B98 0PP	Mainstone Close	Redditch	£123,583	6
B98 0JX	Winforton Close, Winyates	Redditch	£124,625	4
B98 8JL	Lygon Close, Abbeydale	Redditch	£130,375	4