Parsons Road - B98 7EJ
Key Postcode Insights
B98 7EJ is a residential postcode situated on Parsons Road, Redditch, B98 with 12 addresses.
It ranks as the 212th largest and 399th most expensive of the 750 postcodes in the B98 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £247,779
- 10 Year change
- up 42.7%
- Ave. Rental Price
- £1,173pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
B98 7EJ is a residential postcode situated on Parsons Road, Redditch, B98 with 12 addresses.
It ranks as the 212th largest and 399th most expensive of the 750 postcodes in the B98 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £247,779
- 10 Year change
- up 42.7%
- Ave. Rental Price
- £1,173pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin B98 7EJ
- 64 Parsons Road
5 Bed Mid-century House
- 66 Parsons Road
Unknown
- 68 Parsons Road
Unknown
- 70 Parsons Road
3 Bed Mid-century House
- 72 Parsons Road
Unknown
Sales Market Trends
The last sale in B98 7EJ sold for £215,317 on 2nd September 2022. Since then prices are up an average of 3.6%.
The current average value in the postcode is £247,779.
The B98 7EJ Sales Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £247,779 |
| June 2025 | 1.6% | £244,919 |
| June 2024 | -0.3% | £241,015 |
| June 2023 | 1.6% | £241,828 |
| June 2022 | 9.7% | £238,009 |
| June 2021 | 7% | £217,051 |
| June 2020 | 2.8% | £202,878 |
| June 2019 | 1.4% | £197,428 |
| June 2018 | 6.4% | £194,728 |
| June 2017 | 5.3% | £182,954 |
| June 2016 | 6.6% | £173,690 |
| June 2015 | 5.5% | £162,992 |
| June 2014 | 6.7% | £154,564 |
| June 2013 | 2.5% | £144,843 |
| June 2012 | -0.3% | £141,279 |
| June 2011 | 1.2% | £141,714 |
| June 2010 | 5.9% | £140,083 |
| June 2009 | -9.4% | £132,264 |
| June 2008 | -3.7% | £146,026 |
| June 2007 | 0% | £151,645 |
Rental Market Trends
The current average rental value in the postcode is £1,173.
The B98 7EJ Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,173pcm |
| June 2025 | 6.8% | £1,134pcm |
| June 2024 | 8.4% | £1,061pcm |
| June 2023 | 7.3% | £979pcm |
| June 2022 | 9.2% | £912pcm |
| June 2021 | 2.7% | £836pcm |
| June 2020 | 1.9% | £814pcm |
| June 2019 | 0.2% | £798pcm |
| June 2018 | 2.6% | £796pcm |
| June 2017 | 1.8% | £777pcm |
| June 2016 | 4.3% | £763pcm |
| June 2015 | 2.2% | £732pcm |
| June 2014 | 4.3% | £716pcm |
| June 2013 | 1.4% | £686pcm |
| June 2012 | 3.1% | £676pcm |
| June 2011 | 1.8% | £656pcm |
| June 2010 | 5.4% | £644pcm |
| June 2009 | -5.3% | £611pcm |
| June 2008 | 1.4% | £645pcm |
| June 2007 | 0% | £636pcm |
Sales History
The last sale was on 2nd September 2022 for £215,317 and since then the market in the area has increased by 3.6%. The postcode has had a total of 14 sales since 1995.
B98 7EJ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£215,317 | 3 Bed House89, Parsons Road, Redditch, B98 7EJ89, Parsons Road, Redditch, B98 7EJ
- Sold Mar 2020£200,000 | 3 Bed House91, Parsons Road, Redditch, B98 7EJ91, Parsons Road, Redditch, B98 7EJ
- Sold Sep 2019£170,000 | 3 Bed House85, Parsons Road, Redditch, B98 7EJ85, Parsons Road, Redditch, B98 7EJ
- Sold Oct 2018£185,000 | 3 Bed House83, Parsons Road, Redditch, B98 7EJ83, Parsons Road, Redditch, B98 7EJ
- Sold Aug 2012£168,000 | 4 Bed House74, Parsons Road, Redditch, B98 7EJ74, Parsons Road, Redditch, B98 7EJ
Nearby Postcodes
B98 7EJ is the 212th largest and the 399th most expensive postcode out of the 750 postcodes in the B98 area.
- B98 7EL, Myrtle Avenue, Redditch, B98B98 7EL16 Addresses|83 m away
- B98 7EH, Greenfields, Redditch, B98B98 7EH8 Addresses|98 m away
- B98 7ED, The Mayfields, Redditch, B98B98 7ED26 Addresses|108 m away
- B98 7EE, Parsons Road, Redditch, B98B98 7EE31 Addresses|125 m away
- B98 7EF, Sycamore Avenue, Redditch, B98B98 7EF35 Addresses|137 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (7)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2020£230,000 | 4 Bed House59, Parsons Road, Redditch, B98 7EE59, Parsons Road, Redditch, B98 7EE
- Sold Sep 2024£227,500 | 3 Bed House28, Parsons Road, Redditch, B98 7EQ28, Parsons Road, Redditch, B98 7EQ
- Sold Aug 2024£225,000 | 3 Bed House17, Parsons Road, Redditch, B98 7EQ17, Parsons Road, Redditch, B98 7EQ
Schools Nearby
- St Luke's CofE First School700 m away
- St George's CofE First School and Nursery800 m away
- Oak Hill First School900 m away
- Trinity High School and Sixth Form Centre1.0 km away
- Tudor Grange Academy Redditch2.7 km away
- St Augustine's Catholic High School2.8 km away
More reading links
Public Transport Nearby
The closest station to B98 7EJ is Redditch station, which is 800 metres away.
- Redditch|800 m away
- Alvechurch|5.5 km away
- Barnt Green|7.7 km away
- Bromsgrove|7.9 km away
