Redditch Road - B48 7TR
Key Postcode Insights
B48 7TR is a residential postcode situated on Redditch Road, Hopwood, Alvechurch, Birmingham, B48 with 14 addresses.
It ranks as the 332nd largest and 523rd most expensive of the 886 postcodes in the B48 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 10 houses, 2 flats and 2 other properties.
- Ave. Sale Price
- £386,038
- 10 Year change
- up 41.8%
- Ave. Rental Price
- £1,553pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
B48 7TR is a residential postcode situated on Redditch Road, Hopwood, Alvechurch, Birmingham, B48 with 14 addresses.
It ranks as the 332nd largest and 523rd most expensive of the 886 postcodes in the B48 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 10 houses, 2 flats and 2 other properties.
- Ave. Sale Price
- £386,038
- 10 Year change
- up 41.8%
- Ave. Rental Price
- £1,553pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Sales Market Trends
The last sale in B48 7TR sold for £305,000 on 24th October 2024. Since then prices are up an average of 0.2%.
The current average value in the postcode is £386,038.
The B48 7TR Sales Market has increased by 41.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £386,038 |
| June 2025 | 0% | £385,764 |
| June 2024 | 0.6% | £385,736 |
| June 2023 | 3.1% | £383,317 |
| June 2022 | 9.8% | £371,965 |
| June 2021 | 7.1% | £338,767 |
| June 2020 | 2.6% | £316,299 |
| June 2019 | 2% | £308,224 |
| June 2018 | 5.1% | £302,234 |
| June 2017 | 5.6% | £287,437 |
| June 2016 | 6.8% | £272,216 |
| June 2015 | 4.2% | £254,987 |
| June 2014 | 6.2% | £244,659 |
| June 2013 | 2.8% | £230,390 |
| June 2012 | -0.2% | £224,094 |
| June 2011 | -0.5% | £224,599 |
| June 2010 | 8.5% | £225,788 |
| June 2009 | -10.9% | £208,117 |
| June 2008 | -4.3% | £233,463 |
| June 2007 | 0% | £244,012 |
Rental Market Trends
The current average rental value in the postcode is £1,553.
The B48 7TR Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,553pcm |
| June 2025 | 3.9% | £1,510pcm |
| June 2024 | 8.6% | £1,452pcm |
| June 2023 | 9.7% | £1,338pcm |
| June 2022 | 8.4% | £1,219pcm |
| June 2021 | 4.5% | £1,125pcm |
| June 2020 | 2.6% | £1,077pcm |
| June 2019 | 0.3% | £1,049pcm |
| June 2018 | 2.2% | £1,046pcm |
| June 2017 | 2.4% | £1,023pcm |
| June 2016 | 4.2% | £1,000pcm |
| June 2015 | 3% | £959pcm |
| June 2014 | 3.3% | £931pcm |
| June 2013 | 0.9% | £901pcm |
| June 2012 | 1.8% | £893pcm |
| June 2011 | 1.5% | £877pcm |
| June 2010 | 6.5% | £864pcm |
| June 2009 | -3.8% | £812pcm |
| June 2008 | -0.9% | £844pcm |
| June 2007 | 0% | £852pcm |
Sales History
The last sale was on 24th October 2024 for £305,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 21 sales since 1995.
B48 7TR has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£305,000 | 4 Bed House2 Wharf Cottage, Redditch Road, Birmingham, B48 7TR2 Wharf Cottage, Redditch Road, Birmingham, B48 7TR
- Sold Feb 2024£375,000 | 4 Bed House24, Redditch Road, Birmingham, B48 7TR24, Redditch Road, Birmingham, B48 7TR
- Sold Jul 2023£303,000 | 3 Bed HouseOaklea, Redditch Road, Birmingham, B48 7TROaklea, Redditch Road, Birmingham, B48 7TR
- Sold Jun 2021£448,000 | 4 Bed HouseBanff, Redditch Road, Birmingham, B48 7TRBanff, Redditch Road, Birmingham, B48 7TR
- Sold Mar 2021£525,000 | 5 Bed HousePennygon, Redditch Road, Birmingham, B48 7TRPennygon, Redditch Road, Birmingham, B48 7TR
Nearby Postcodes
B48 7TR is the 332nd largest and the 523rd most expensive postcode out of the 886 postcodes in the B48 area.
- B48 7AF, Bittell Farm Road, Hopwood, Alvechurch, Birmingham, B48B48 7AF3 Addresses|139 m away
- B48 7TS, Ash Lane, Hopwood, Alvechurch, Birmingham, B48B48 7TS20 Addresses|172 m away
- B48 7TP, Smedley Crooke Place, Hopwood, Alvechurch, Birmingham, B48B48 7TP12 Addresses|247 m away
- B48 7SW, Woodpecker Close, Alvechurch, Birmingham, B48B48 7SW20 Addresses|251 m away
- B48 7AA, Canalside, Hopwood, Alvechurch, Birmingham, B48B48 7AA5 Addresses|259 m away
Property Types
- 3 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- modern house (3)
- mid-century house (1)
- mid-century flat (2)
- house (1)
- early-century house (4)
- early-century flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (0)
- G (0)
- D (6)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jun 2007£800,000 | 5 Bed HouseArrowtop, Redditch Road, Birmingham, B48 7TLArrowtop, Redditch Road, Birmingham, B48 7TL
- Sold May 2021£765,000 | 5 Bed HouseGrey Cottage, Redditch Road, Birmingham, B48 7TLGrey Cottage, Redditch Road, Birmingham, B48 7TL
- Sold Sep 2020£745,000 | 5 Bed HouseFailte, Redditch Road, Birmingham, B48 7TLFailte, Redditch Road, Birmingham, B48 7TL
Schools Nearby
- Crown Meadow First School & Nursery1.9 km away
- Cofton Primary School2.2 km away
- St John Fisher Catholic Primary School2.5 km away
- Turves Green Boys' School3.2 km away
- King Edward VI Northfield School for Girls3.4 km away
- Colmers School and Sixth Form College4.3 km away
More reading links
Public Transport Nearby
The closest station to B48 7TR is Barnt Green station, which is 2.8 kilometres away.
- Barnt Green|2.8 km away
- Alvechurch|3.0 km away
- Longbridge|3.3 km away
- Northfield|4.1 km away
