Payne Drive - B49 5RQ
Key Postcode Insights
B49 5RQ is a residential postcode situated on Payne Drive, Alcester, B49 with 79 addresses.
It ranks as the 371st largest and 117th most expensive of the 371 postcodes in the B49 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 79 properties: 73 houses and 6 flats.
- Ave. Sale Price
- £325,042
- 10 Year change
- up 33.3%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 38.3%
- Ave. £ per ft²
- £414/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
B49 5RQ is a residential postcode situated on Payne Drive, Alcester, B49 with 79 addresses.
It ranks as the 371st largest and 117th most expensive of the 371 postcodes in the B49 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 79 properties: 73 houses and 6 flats.
- Ave. Sale Price
- £325,042
- 10 Year change
- up 33.3%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 38.3%
- Ave. £ per ft²
- £414/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin B49 5RQ
- 1 Payne Drive
3 Bed Modern House
- 2 Payne Drive
3 Bed Modern House
- 3 Payne Drive
3 Bed Modern House
- 4 Payne Drive
3 Bed Modern House
- 5 Payne Drive
3 Bed Modern House
Sales Market Trends
The last sale in B49 5RQ sold for £470,000 on 6th February 2026. Since then prices are up an average of 0.7%.
The current average value in the postcode is £325,042.
The B49 5RQ Sales Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £325,042 |
| June 2025 | 7.2% | £321,294 |
| June 2024 | -5.6% | £299,800 |
| June 2023 | 4.9% | £317,444 |
| June 2022 | 5.5% | £302,756 |
| June 2021 | 6.3% | £287,009 |
| June 2020 | 3.4% | £270,030 |
| June 2019 | -0.3% | £261,136 |
| June 2018 | 4.2% | £261,880 |
| June 2017 | 3.1% | £251,313 |
| June 2016 | 5.9% | £243,757 |
| June 2015 | 1.5% | £230,119 |
| June 2014 | 3.6% | £226,809 |
| June 2013 | 2.1% | £218,981 |
| June 2012 | 8.1% | £214,535 |
| June 2011 | -2.2% | £198,486 |
| June 2010 | -1.2% | £202,916 |
| June 2009 | -6.4% | £205,409 |
| June 2008 | -0.7% | £219,567 |
| June 2007 | 0% | £221,193 |
Rental Market Trends
The current average rental value in the postcode is £1,380.
The B49 5RQ Rental Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,380pcm |
| June 2025 | 4.5% | £1,335pcm |
| June 2024 | 4.2% | £1,277pcm |
| June 2023 | 9.2% | £1,226pcm |
| June 2022 | 5.2% | £1,123pcm |
| June 2021 | 5.3% | £1,067pcm |
| June 2020 | -1% | £1,014pcm |
| June 2019 | 0.3% | £1,024pcm |
| June 2018 | 3.1% | £1,021pcm |
| June 2017 | -0.7% | £991pcm |
| June 2016 | 3% | £998pcm |
| June 2015 | 2.1% | £968pcm |
| June 2014 | 4% | £948pcm |
| June 2013 | 0.6% | £912pcm |
| June 2012 | -0.2% | £907pcm |
| June 2011 | 6.4% | £909pcm |
| June 2010 | 4.5% | £854pcm |
| June 2009 | -7.5% | £818pcm |
| June 2008 | 4.8% | £884pcm |
| June 2007 | 0% | £844pcm |
Sales History
The last sale was on 6th February 2026 for £470,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 43 sales since 1995.
B49 5RQ has seen 27 sales in the last three years and 3 sales in the last twelve months.
- Sold Feb 2026£470,000 | 3 Bed House17, Payne Drive, Alcester, B49 5RQ17, Payne Drive, Alcester, B49 5RQ
- Sold Sep 2025£545,000 | 4 Bed House10, Payne Drive, Alcester, B49 5RQ10, Payne Drive, Alcester, B49 5RQ
- Sold Aug 2025£285,000 | 2 Bed House37, Payne Drive, Alcester, B49 5RQ37, Payne Drive, Alcester, B49 5RQ
- Sold Jul 2025£275,000 | 3 Bed House15, Payne Drive, Alcester, B49 5RQ15, Payne Drive, Alcester, B49 5RQ
- Sold Jun 2025£287,000 | 3 Bed House33, Payne Drive, Alcester, B49 5RQ33, Payne Drive, Alcester, B49 5RQ
Nearby Postcodes
B49 5RQ is the 371st largest and the 117th most expensive postcode out of the 371 postcodes in the B49 area.
- B49 5FP, Barker Close, Alcester, B49B49 5FP7 Addresses|35 m away
- B49 5FQ, Ward Avenue, Alcester, B49B49 5FQ28 Addresses|79 m away
- B49 5FH, Calvert Close, Alcester, B49B49 5FH7 Addresses|85 m away
- B49 5FN, Palmer Gardens, Alcester, B49B49 5FN6 Addresses|102 m away
- B49 5FF, Payne Drive, Alcester, B49B49 5FF39 Addresses|131 m away
Property Types
- 4 period houses built between 1800 and 1911
- 69 modern houses built after 1980
- 6 modern flats built after 1980
- period house (4)
- modern house (69)
- modern flat (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 79 properties.
- The most common rating is B.
- A (3)
- E (0)
- B (76)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2023£555,000 | 4 Bed House156, Payne Drive, Alcester, B49 5FF156, Payne Drive, Alcester, B49 5FF
- Sold Sep 2025£545,000 | 4 Bed House10, Payne Drive, Alcester, B49 5RQ10, Payne Drive, Alcester, B49 5RQ
- Sold Jun 2023£535,000 | 4 Bed House158, Payne Drive, Alcester, B49 5FF158, Payne Drive, Alcester, B49 5FF
Schools Nearby
- Our Lady's Catholic Primary School900 m away
- St Nicholas CofE Primary900 m away
- Coughton CofE Primary School2.5 km away
- Alcester Grammar School500 m away
- St Benedict's Catholic High School1.1 km away
- Alcester Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to B49 5RQ is Wootton Wawen station, which is 8.5 kilometres away.
- Wootton Wawen|8.5 km away
- Wilmcote|8.6 km away
- Bearley|9.4 km away
- Stratford-upon-Avon Parkway|10.2 km away
