The Steps, Market Place - B98 8AA
Key Building Insights
The Steps, Market Place is a residential building situated on Market Place, Redditch, B98 with 7 addresses.
It ranks as the 189th largest and 137th most expensive of the 222 buildings in the B98 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 7 properties: 6 flats and 1 other property.
- Ave. Sale Price
- £122,949
- 10 Year change
- up 25.8%
- Ave. Rental Price
- £721pcm
- 10 Year change
- up 35.1%
- Ave. £ per ft²
- £186/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Building Insights
The Steps, Market Place is a residential building situated on Market Place, Redditch, B98 with 7 addresses.
It ranks as the 189th largest and 137th most expensive of the 222 buildings in the B98 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 7 properties: 6 flats and 1 other property.
- Ave. Sale Price
- £122,949
- 10 Year change
- up 25.8%
- Ave. Rental Price
- £721pcm
- 10 Year change
- up 35.1%
- Ave. £ per ft²
- £186/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Properties on Market Place, Redditch, B98
- 1 The Steps Market Place
2 Bed Early-century Flat
- 2 The Steps Market Place
2 Bed Early-century Flat
- 3 The Steps Market Place
3 Bed Early-century Flat
- 4 The Steps Market Place
2 Bed Early-century Flat
- 5 The Steps Market Place
3 Bed Early-century Flat
Sales Market Trends
The last sale in The Steps, Market Place sold for £152,500 on 25th August 2020. Since then prices are down an average of 0.0%.
The current average value in the building is £122,949.
The The Steps, Market Place Sales Market has increased by 25.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £122,949 |
| June 2025 | 0.8% | £123,099 |
| June 2024 | 0.6% | £122,136 |
| June 2023 | 0.2% | £121,447 |
| June 2022 | 6.4% | £121,176 |
| June 2021 | 4.8% | £113,842 |
| June 2020 | 3.5% | £108,630 |
| June 2019 | 0.5% | £104,941 |
| June 2018 | 3.8% | £104,368 |
| June 2017 | 2.9% | £100,552 |
| June 2016 | 4.2% | £97,753 |
| June 2015 | 4.9% | £93,843 |
| June 2014 | 5.9% | £89,444 |
| June 2013 | 2.7% | £84,473 |
| June 2012 | -1.8% | £82,283 |
| June 2011 | -0.7% | £83,777 |
| June 2010 | 3.5% | £84,354 |
| June 2009 | -11.4% | £81,468 |
| June 2008 | -3.8% | £91,972 |
| June 2007 | 0% | £95,566 |
Rental Market Trends
The current average rental value in the building is £721.
The The Steps, Market Place Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £721pcm |
| June 2025 | 6.1% | £705pcm |
| June 2024 | 9.6% | £665pcm |
| June 2023 | 5.7% | £606pcm |
| June 2022 | 5.9% | £574pcm |
| June 2021 | 0.4% | £542pcm |
| June 2020 | 2.3% | £539pcm |
| June 2019 | -0.7% | £527pcm |
| June 2018 | 0.6% | £531pcm |
| June 2017 | -1.1% | £528pcm |
| June 2016 | 2.4% | £533pcm |
| June 2015 | 1.5% | £521pcm |
| June 2014 | 3.3% | £513pcm |
| June 2013 | 1.3% | £497pcm |
| June 2012 | 1.5% | £490pcm |
| June 2011 | 0.3% | £483pcm |
| June 2010 | 2.3% | £481pcm |
| June 2009 | -6.5% | £470pcm |
| June 2008 | 0.7% | £503pcm |
| June 2007 | 0% | £499pcm |
Sales History
The last recorded sale was on 25th August 2020 for £152,500 and since then the market in the area has remained stable.
The Steps, Market Place, Redditch, B98 8AA has had 1 sale since 1995, none of them in the last three years.
- Sold Aug 2020£152,500 | 3 Bed Flat6 The Steps, Market Place, Redditch, B98 8AA6 The Steps, Market Place, Redditch, B98 8AA
Property Types
- 6 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- early-century flat (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (1)
- No EPC (1)
Most Expensive Sales
- Sold Aug 2020£152,500 | 3 Bed Flat6 The Steps, Market Place, Redditch, B98 8AA6 The Steps, Market Place, Redditch, B98 8AA
- Sold Mar 2021£128,562 | 1 Bed Flat11, Market Place, Redditch, B98 8AA11, Market Place, Redditch, B98 8AA
Schools Nearby
- Holyoakes Field First School500 m away
- St George's CofE First School and Nursery800 m away
- St Stephen's CofE First School900 m away
- Trinity High School and Sixth Form Centre400 m away
- Arrow Vale High School3.1 km away
- Tudor Grange Academy Redditch3.4 km away
More reading links
Public Transport Nearby
The closest station to The Steps, Market Place, Redditch, B98 8AA is Redditch station, which is 300 metres away.
- Redditch|300 m away
- Alvechurch|4.7 km away
- Barnt Green|7.0 km away
- Bromsgrove|7.5 km away