Parsons Road - B98 7EQ
Key Postcode Insights
B98 7EQ is a residential postcode situated on Parsons Road, Redditch, B98 with 42 addresses.
It ranks as the 518th largest and 284th most expensive of the 750 postcodes in the B98 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 27 houses and 15 flats.
- Ave. Sale Price
- £197,784
- 10 Year change
- up 34.9%
- Ave. Rental Price
- £972pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
B98 7EQ is a residential postcode situated on Parsons Road, Redditch, B98 with 42 addresses.
It ranks as the 518th largest and 284th most expensive of the 750 postcodes in the B98 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 27 houses and 15 flats.
- Ave. Sale Price
- £197,784
- 10 Year change
- up 34.9%
- Ave. Rental Price
- £972pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin B98 7EQ
- Mason House
Building  |  3 Flats
- 2 Parsons Road
Unknown
- 4 Parsons Road
2 Bed Modern Flat
- 5 Parsons Road
3 Bed House
- 6 Parsons Road
2 Bed Modern Flat
Sales Market Trends
The last sale in B98 7EQ sold for £227,500 on 5th September 2024. Since then prices are up an average of 2.3%.
The current average value in the postcode is £197,784.
The B98 7EQ Sales Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £197,784 |
| June 2025 | 1.6% | £196,601 |
| June 2024 | 0.1% | £193,492 |
| June 2023 | 1% | £193,253 |
| June 2022 | 8.2% | £191,403 |
| June 2021 | 5.9% | £176,816 |
| June 2020 | 2.8% | £166,912 |
| June 2019 | 1.2% | £162,338 |
| June 2018 | 5.1% | £160,457 |
| June 2017 | 4.1% | £152,612 |
| June 2016 | 5.9% | £146,620 |
| June 2015 | 5% | £138,434 |
| June 2014 | 6.1% | £131,885 |
| June 2013 | 2.8% | £124,352 |
| June 2012 | -1% | £121,011 |
| June 2011 | 0% | £122,240 |
| June 2010 | 3.9% | £122,253 |
| June 2009 | -10.5% | £117,714 |
| June 2008 | -3.8% | £131,531 |
| June 2007 | 0% | £136,680 |
Rental Market Trends
The current average rental value in the postcode is £972.
The B98 7EQ Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £972pcm |
| June 2025 | 6.8% | £944pcm |
| June 2024 | 8.9% | £884pcm |
| June 2023 | 6.6% | £812pcm |
| June 2022 | 7.8% | £762pcm |
| June 2021 | 1.7% | £706pcm |
| June 2020 | 2% | £695pcm |
| June 2019 | 0% | £681pcm |
| June 2018 | 1.3% | £681pcm |
| June 2017 | 0.6% | £672pcm |
| June 2016 | 3.7% | £669pcm |
| June 2015 | 1.7% | £645pcm |
| June 2014 | 3.7% | £634pcm |
| June 2013 | 1.7% | £611pcm |
| June 2012 | 2.4% | £601pcm |
| June 2011 | 0.6% | £587pcm |
| June 2010 | 3.4% | £584pcm |
| June 2009 | -6.4% | £565pcm |
| June 2008 | 1.4% | £603pcm |
| June 2007 | 0% | £595pcm |
Sales History
The last sale was on 5th September 2024 for £227,500 and since then the market in the area has increased by 2.3%. The postcode has had a total of 69 sales since 1995.
B98 7EQ has seen 3 sales in the last three years and no sales in the last twelve months.
- 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
- Sold Apr 2023£181,000 | 3 Bed House21, Parsons Road, Redditch, B98 7EQ21, Parsons Road, Redditch, B98 7EQ
- Sold May 2022£212,200 | 3 Bed House28, Parsons Road, Redditch, B98 7EQ28, Parsons Road, Redditch, B98 7EQ
- Sold Mar 2022£215,000 | 3 Bed House11, Parsons Road, Redditch, B98 7EQ11, Parsons Road, Redditch, B98 7EQ
Nearby Postcodes
B98 7EQ is the 518th largest and the 284th most expensive postcode out of the 750 postcodes in the B98 area.
- B98 7EP, Laurel Close, Redditch, B98B98 7EP38 Addresses|83 m away
- B98 7EG, Old Crest Avenue, Redditch, B98B98 7EG20 Addresses|96 m away
- B98 7DL, The Firs, Redditch, B98B98 7DL7 Addresses|145 m away
- B98 7EF, Sycamore Avenue, Redditch, B98B98 7EF35 Addresses|146 m away
- B98 7EA, Lilac Close, Redditch, B98B98 7EA16 Addresses|152 m away
Property Types
- 10 period houses built between 1800 and 1911
- 12 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 3 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- period house (10)
- modern flat (12)
- mid-century house (3)
- house (3)
- early-century house (3)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (1)
- F (0)
- C (9)
- G (0)
- D (13)
- No EPC (14)
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 School600 m away
- Holyoakes Field First School1.0 km away
- St George's CofE First School and Nursery1.0 km away
- Trinity High School and Sixth Form Centre1.0 km away
- St Augustine's Catholic High School2.8 km away
- Tudor Grange Academy Redditch3.0 km away
More reading links
Public Transport Nearby
The closest station to B98 7EQ is Redditch station, which is 700 metres away.
- Redditch|700 m away
- Alvechurch|5.3 km away
- Barnt Green|7.5 km away
- Bromsgrove|7.6 km away
