B98 7BU is a residential postcode situated on Millsbro Road, Redditch, B98 with 41 addresses.
It ranks as the 510th largest and 350th most expensive of the 750 postcodes in the B98 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 41 properties: 39 houses and 2 flats.
B98 7BU is a residential postcode situated on Millsbro Road, Redditch, B98 with 41 addresses.
It ranks as the 510th largest and 350th most expensive of the 750 postcodes in the B98 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 41 properties: 39 houses and 2 flats.
Sale prices range from £112,376 for 2 bedroom leasehold flats (581 ft2) to £292,094 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £697 pcm for 2 bed flats to £1,242 pcm for 4 bed houses.
The gross rental yield is between 5.1% and 7.4%.
The average value per square foot is £230.
The last sale in B98 7BU sold for £217,500 on 6th June 2024. Since then prices are up an average of 4.5%.
The current average value in the postcode is £217,302.
The B98 7BU Sales Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £217,302 |
| April 2025 | 2.1% | £214,106 |
| April 2024 | -0.6% | £209,626 |
| April 2023 | 3.1% | £210,922 |
| April 2022 | 8.3% | £204,586 |
| April 2021 | 5% | £188,888 |
| April 2020 | 3% | £179,923 |
| April 2019 | 1.8% | £174,681 |
| April 2018 | 5.2% | £171,665 |
| April 2017 | 4.3% | £163,242 |
| April 2016 | 5.9% | £156,551 |
| April 2015 | 5.5% | £147,802 |
| April 2014 | 6.4% | £140,088 |
| April 2013 | 3.8% | £131,706 |
| April 2012 | -3.2% | £126,889 |
| April 2011 | 0% | £131,091 |
| April 2010 | 2.8% | £131,052 |
| April 2009 | -12.5% | £127,521 |
| April 2008 | -0.7% | £145,756 |
| April 2007 | 0% | £146,759 |
The current average rental value in the postcode is £995.
The B98 7BU Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £995pcm |
| April 2025 | 7.7% | £961pcm |
| April 2024 | 8.4% | £892pcm |
| April 2023 | 7.3% | £823pcm |
| April 2022 | 6.9% | £767pcm |
| April 2021 | 1.6% | £717pcm |
| April 2020 | 2% | £706pcm |
| April 2019 | 0.2% | £692pcm |
| April 2018 | 1.1% | £690pcm |
| April 2017 | 1.3% | £683pcm |
| April 2016 | 3.5% | £674pcm |
| April 2015 | 1.9% | £652pcm |
| April 2014 | 3.8% | £639pcm |
| April 2013 | 2.6% | £616pcm |
| April 2012 | 1.4% | £600pcm |
| April 2011 | 0.6% | £592pcm |
| April 2010 | 0.8% | £589pcm |
| April 2009 | -6% | £584pcm |
| April 2008 | 2.3% | £621pcm |
| April 2007 | 0% | £607pcm |
The last sale was on 6th June 2024 for £217,500 and since then the market in the area has increased by 4.5%. The postcode has had a total of 8 sales since 1995.
B98 7BU has seen 2 sales in the last three years and no sales in the last twelve months.
B98 7BU is the 510th largest and the 350th most expensive postcode out of the 750 postcodes in the B98 area.
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The closest station to B98 7BU is Redditch station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around B98 7BU, % of property is and % is .
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around B98 7BU, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around B98 7BU, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around B98 7BU, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.