Banners Lane - B97 5LS
Key Postcode Insights
B97 5LS is a residential postcode situated on Banners Lane, Redditch, B97 with 44 addresses.
It ranks as the 786th largest and 215th most expensive of the 886 postcodes in the B97 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 36 houses and 8 flats.
- Ave. Sale Price
- £202,018
- 10 Year change
- up 35.4%
- Ave. Rental Price
- £1,012pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
B97 5LS is a residential postcode situated on Banners Lane, Redditch, B97 with 44 addresses.
It ranks as the 786th largest and 215th most expensive of the 886 postcodes in the B97 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 44 properties: 36 houses and 8 flats.
- Ave. Sale Price
- £202,018
- 10 Year change
- up 35.4%
- Ave. Rental Price
- £1,012pcm
- 10 Year change
- up 47.2%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin B97 5LS
- 1 Banners Lane
3 Bed Mid-century House
- 2 Banners Lane
3 Bed Mid-century House
- 3 Banners Lane
3 Bed Mid-century House
- 4 Banners Lane
3 Bed Mid-century House
- 5 Banners Lane
Unknown
Sales Market Trends
The last sale in B97 5LS sold for £210,000 on 29th August 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £202,018.
The B97 5LS Sales Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £202,018 |
| June 2025 | 2% | £200,064 |
| June 2024 | -0.4% | £196,095 |
| June 2023 | 1.6% | £196,811 |
| June 2022 | 8.4% | £193,655 |
| June 2021 | 7% | £178,665 |
| June 2020 | 2.4% | £166,928 |
| June 2019 | 1.7% | £163,037 |
| June 2018 | 4.1% | £160,243 |
| June 2017 | 3.2% | £153,909 |
| June 2016 | 4.9% | £149,203 |
| June 2015 | 6.8% | £142,166 |
| June 2014 | 5.5% | £133,107 |
| June 2013 | 2.7% | £126,130 |
| June 2012 | -0.8% | £122,798 |
| June 2011 | -0.6% | £123,824 |
| June 2010 | 4% | £124,516 |
| June 2009 | -12.1% | £119,741 |
| June 2008 | -1.8% | £136,157 |
| June 2007 | 0% | £138,629 |
Rental Market Trends
The current average rental value in the postcode is £1,012.
The B97 5LS Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,012pcm |
| June 2025 | 7.2% | £979pcm |
| June 2024 | 8.9% | £913pcm |
| June 2023 | 6.6% | £839pcm |
| June 2022 | 7.9% | £786pcm |
| June 2021 | 1.9% | £729pcm |
| June 2020 | 2% | £715pcm |
| June 2019 | 0.3% | £701pcm |
| June 2018 | 1.4% | £699pcm |
| June 2017 | 0.4% | £690pcm |
| June 2016 | 3.7% | £687pcm |
| June 2015 | 1.7% | £663pcm |
| June 2014 | 3.7% | £652pcm |
| June 2013 | 2.2% | £629pcm |
| June 2012 | 2% | £615pcm |
| June 2011 | 0.4% | £603pcm |
| June 2010 | 2% | £601pcm |
| June 2009 | -6.4% | £589pcm |
| June 2008 | 1.8% | £630pcm |
| June 2007 | 0% | £618pcm |
Sales History
The last sale was on 29th August 2025 for £210,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 40 sales since 1995.
B97 5LS has seen 9 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£210,000 | 3 Bed House15, Banners Lane, Redditch, B97 5LS15, Banners Lane, Redditch, B97 5LS
- Sold Jun 2025£175,000 | 3 Bed House19, Banners Lane, Redditch, B97 5LS19, Banners Lane, Redditch, B97 5LS
- Sold May 2025£220,000 | 3 Bed House47, Banners Lane, Redditch, B97 5LS47, Banners Lane, Redditch, B97 5LS
- Sold Nov 2024£240,000 | 3 Bed House11, Banners Lane, Redditch, B97 5LS11, Banners Lane, Redditch, B97 5LS
- Sold Aug 2024£242,500 | 3 Bed House59, Banners Lane, Redditch, B97 5LS59, Banners Lane, Redditch, B97 5LS
Nearby Postcodes
B97 5LS is the 786th largest and the 215th most expensive postcode out of the 886 postcodes in the B97 area.
- B97 5LJ, Evesham Road, Redditch, B97B97 5LJ20 Addresses|142 m away
- B97 5NA, Banners Lane, Redditch, B97B97 5NA68 Addresses|150 m away
- B97 5GW, Kerry Croft Close, Redditch, B97B97 5GW25 Addresses|163 m away
- B97 5GL, Glendale Terrace, Redditch, B97B97 5GL20 Addresses|183 m away
- B97 5LU, Well Close, Redditch, B97B97 5LU68 Addresses|216 m away
Property Types
- 2 modern houses built after 1980
- 20 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 16 other addresses of unknown type
- modern house (2)
- mid-century house (20)
- mid-century flat (6)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (20)
- G (0)
- D (7)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Aug 2024£242,500 | 3 Bed House59, Banners Lane, Redditch, B97 5LS59, Banners Lane, Redditch, B97 5LS
- Sold Nov 2024£240,000 | 3 Bed House11, Banners Lane, Redditch, B97 5LS11, Banners Lane, Redditch, B97 5LS
- Sold Jun 2023£225,000 | 3 Bed House12, Banners Lane, Redditch, B97 5LS12, Banners Lane, Redditch, B97 5LS
Schools Nearby
- Crabbs Cross Academy800 m away
- Astwood Bank Primary School1.1 km away
- The Vaynor First School1.8 km away
- St Augustine's Catholic High School300 m away
- Tudor Grange Academy Redditch2.2 km away
- Ridgeway Secondary School2.3 km away
More reading links
Public Transport Nearby
The closest station to B97 5LS is Redditch station, which is 3.6 kilometres away.
- Redditch|3.6 km away
- Alvechurch|8.2 km away
- Bromsgrove|9.1 km away
- Danzey|9.8 km away