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Property Price Trends
Aston Close, Redditch, Worcestershire
B98 7GA
What are the historical property price trends?
Explore the yearly trends in property prices for the B98 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
B98
Most Expensive Property
£855,000
Dunaegus Alderhanger Lane, B98 9ED
Sold: 10 November 2023
Cheapest Property
£70,000
Pippins, 43a Oakham Close, B98 7YG
Sold: 17 August 2020
£264,000
The average house price in Redditch was £264,000 in November 2024 (provisional), up 2.6% from November 2023. This was lower than the rise in the West Midlands (3.7%) over the same period.
£889
Private rents rose to an average of £889 in December 2024, an annual increase of 9.5% from £812 in December 2023. This was higher than the rise in the West Midlands (8.7%) over the year.
£221,000
The average price paid by first-time buyers was £221,000 in November 2024 (provisional). This was 3.2% higher than the average of £214,000 in November 2023 (revised).
£265,000
For homes bought with a mortgage, the average house price was £265,000 in November 2024 (provisional). This was 2.6% higher than the average of £258,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Redditch, E07000236). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in B98 7GA?
The graph below shows the five-year capital growth figures for properties for the B98 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in B98 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Worcestershire?
Homebuyers
Homebuyers in Worcestershire can expect to see a steady increase in house prices over the past year. According to the latest data, the average house price in the county is around £270,000, with areas such as Worcester (WR1, WR5) and Bromsgrove (B60, B61) seeing particularly high demand. Despite the ongoing pandemic, the property market in Worcestershire remains strong, with new developments and housing projects popping up across the county. However, availability can be limited in certain areas, so buyers should act quickly when a suitable property becomes available. Overall, Worcestershire continues to be a popular choice for homebuyers looking for a mix of urban and rural living.
Renters
Rent prices in Worcestershire have remained relatively stable over the past year, with the average monthly rent for a two-bedroom property standing at around £800. Areas such as Kidderminster (DY10, DY11) and Redditch (B97, B98) are popular among renters, offering a range of properties to suit different budgets and preferences. Availability can vary depending on the area, with some parts of Worcestershire experiencing high demand for rental properties. Overall, Worcestershire offers a good mix of rental options for tenants, from modern apartments to traditional cottages.
Investors
Investors looking to enter the property market in Worcestershire will find a range of opportunities across the county. With house prices steadily increasing and rental demand remaining strong, Worcestershire offers a promising investment environment. Areas such as Malvern (WR13, WR14) and Evesham (WR11) are popular among investors, with potential for good rental yields and capital growth. However, it's important for investors to carefully research the market and seek professional advice before making any investment decisions. Overall, Worcestershire presents a solid investment opportunity for those looking to expand their property portfolio.
Homebuyers
Homebuyers in Worcestershire can expect to see a steady increase in house prices over the past year. According to the latest data, the average house price in the county is around £270,000, with areas such as Worcester (WR1, WR5) and Bromsgrove (B60, B61) seeing particularly high demand. Despite the ongoing pandemic, the property market in Worcestershire remains strong, with new developments and housing projects popping up across the county. However, availability can be limited in certain areas, so buyers should act quickly when a suitable property becomes available. Overall, Worcestershire continues to be a popular choice for homebuyers looking for a mix of urban and rural living.
Renters
Rent prices in Worcestershire have remained relatively stable over the past year, with the average monthly rent for a two-bedroom property standing at around £800. Areas such as Kidderminster (DY10, DY11) and Redditch (B97, B98) are popular among renters, offering a range of properties to suit different budgets and preferences. Availability can vary depending on the area, with some parts of Worcestershire experiencing high demand for rental properties. Overall, Worcestershire offers a good mix of rental options for tenants, from modern apartments to traditional cottages.
Investors
Investors looking to enter the property market in Worcestershire will find a range of opportunities across the county. With house prices steadily increasing and rental demand remaining strong, Worcestershire offers a promising investment environment. Areas such as Malvern (WR13, WR14) and Evesham (WR11) are popular among investors, with potential for good rental yields and capital growth. However, it's important for investors to carefully research the market and seek professional advice before making any investment decisions. Overall, Worcestershire presents a solid investment opportunity for those looking to expand their property portfolio.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for B98 7GA
Estimated yield for property investors
%
Yield
The estimated yield for the B98 7GA postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in B98 7GA?
The recently sold properties table lists homes around B98 7GA that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 01 December 2023 | £152,000 | Coupe Court 6 The Mayfields, Redditch, B98 7FW | Flat/Maisonette | Leasehold |
| 15 March 2024 | £210,000 | 7 Kemble Street, Redditch, B98 7GF | Terraced | Freehold |
| 01 August 2023 | £88,000 | Birch House, 27 Flat 4 Alder Carr Close, Redditch, B98 7PF | Flat/Maisonette | Leasehold |
| 12 March 2024 | £105,000 | 8 Bushley Close, Redditch, B98 7TU | Terraced | Freehold |
| 23 February 2024 | £190,000 | 108 Bushley Close, Redditch, B98 7TX | Terraced | Freehold |
| 09 February 2024 | £290,000 | 111 Salford Close, Redditch, B98 7UL | Terraced | Freehold |
| 20 February 2024 | £128,000 | 60 Rushock Close, Redditch, B98 7UQ | Terraced | Freehold |
| 30 November 2023 | £290,000 | 18 Tredington Close, Redditch, B98 7UR | Detached | Freehold |
| 28 June 2021 | £350,000 | Pippins, 43a Oakham Close, Redditch, B98 7YG | Detached | Freehold |
| 17 August 2020 | £70,000 | Pippins, 43a Oakham Close, Redditch, B98 7YG | Other | Freehold |
Nearby sold properties | ||||
| 20 October 2023 | £535,000 | Ipsley Mill Barn Ipsley Church Lane, Redditch, B98 0AJ | Detached | Freehold |
| 02 June 2023 | £300,000 | 23 Allensmore Close, Redditch, B98 0AS | Detached | Leasehold |
| 02 June 2023 | £300,000 | 23 Allensmore Close, Redditch, B98 0AS | Detached | Freehold |
| 30 November 2023 | £283,000 | 4 Avenbury Close, Redditch, B98 0AY | Semi-Detached | Freehold |
| 19 December 2023 | £170,000 | 11 Farnborough Close, Redditch, B98 0BQ | Terraced | Freehold |
| 01 March 2024 | £180,000 | 34 Sutton Close, Redditch, B98 0JR | Semi-Detached | Freehold |
| 21 September 2023 | £230,000 | 20 Tillington Close, Redditch, B98 0NG | Terraced | Freehold |
| 12 May 2023 | £253,000 | 11 Petton Close, Redditch, B98 0PA | Detached | Freehold |
| 02 November 2023 | £309,000 | 103 Hollyberry Close, Winyates Green, Redditch, B98 0QU | Terraced | Freehold |
| 29 June 2023 | £290,000 | 80 Illshaw Close, Winyates, Redditch, B98 0QZ | Detached | Leasehold |
| 23 February 2024 | £70,000 | Oak House 9 Herbert Street, Redditch, B98 8BL | Flat/Maisonette | Leasehold |
| 11 December 2023 | £203,000 | 89 Easemore Road, Redditch, B98 8EY | Terraced | Freehold |
| 23 February 2024 | £290,000 | 34 Meadowhill Crescent, Redditch, B98 8HT | Semi-Detached | Freehold |
| 04 July 2023 | £245,000 | 327 Beoley Road East, Redditch, B98 8PH | Semi-Detached | Freehold |
| 28 February 2023 | £165,000 | 93 Edgeworth Close, Church Hill, Redditch, B98 8QQ | Terraced | Freehold |
| 22 June 2023 | £152,500 | 2 Parkfield Close, Redditch, B98 8TA | Terraced | Freehold |
| 10 November 2023 | £855,000 | Dunaegus Alderhanger Lane, Beoley, Redditch, B98 9ED | Detached | Freehold |
| 20 September 2022 | £188,000 | 249 Exhall Close, Church Hill, Redditch, B98 9JB | Terraced | Freehold |
| 30 March 2023 | £266,500 | 40 Kingscote Close, Church Hill, Redditch, B98 9LJ | Semi-Detached | Leasehold |
| 03 March 2023 | £130,000 | 35 Home Meadow Lane, Redditch, B98 9NE | Terraced | Freehold |
| 01 March 2024 | £379,000 | 11 Latchford Close, Redditch, B98 9NQ | Detached | Leasehold |
Please note that house prices for properties sold in and around B98 7GA during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
