B98 7YR is a residential postcode situated on Newton Close, Redditch, B98 with 28 addresses.
It ranks as the 387th largest and 668th most expensive of the 750 postcodes in the B98 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 28 properties: 28 houses.
B98 7YR is a residential postcode situated on Newton Close, Redditch, B98 with 28 addresses.
It ranks as the 387th largest and 668th most expensive of the 750 postcodes in the B98 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 28 properties: 28 houses.
Sale prices range from £216,942 for 2 bedroom freehold houses with a garden (365 ft2) to £442,595 for 4 bedroom freehold houses with a garden (1,334 ft2) .
Monthly rental prices range from £767 pcm for 2 bed houses to £1,550 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 4.3%.
The average value per square foot is £367.
The last sale in B98 7YR sold for £320,000 on 18th October 2024. Since then prices are up an average of 0.9%.
The current average value in the postcode is £371,543.
The B98 7YR Sales Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £371,543 |
| April 2025 | 2.3% | £367,378 |
| April 2024 | -1% | £359,258 |
| April 2023 | 4.1% | £362,916 |
| April 2022 | 9% | £348,653 |
| April 2021 | 6.8% | £319,815 |
| April 2020 | 2.4% | £299,501 |
| April 2019 | 2.2% | £292,562 |
| April 2018 | 5.6% | £286,215 |
| April 2017 | 5.6% | £270,952 |
| April 2016 | 5.2% | £256,665 |
| April 2015 | 7.5% | £243,895 |
| April 2014 | 6.4% | £226,962 |
| April 2013 | 4.9% | £213,215 |
| April 2012 | -1.4% | £203,340 |
| April 2011 | 0.4% | £206,127 |
| April 2010 | 5.4% | £205,342 |
| April 2009 | -13% | £194,755 |
| April 2008 | 0.1% | £223,853 |
| April 2007 | 0% | £223,635 |
The current average rental value in the postcode is £1,313.
The B98 7YR Rental Market has increased by 53.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,313pcm |
| April 2025 | 7.4% | £1,274pcm |
| April 2024 | 8.2% | £1,186pcm |
| April 2023 | 8% | £1,097pcm |
| April 2022 | 8% | £1,015pcm |
| April 2021 | 2.6% | £940pcm |
| April 2020 | 1.3% | £916pcm |
| April 2019 | 0.9% | £904pcm |
| April 2018 | 2.1% | £896pcm |
| April 2017 | 2.5% | £878pcm |
| April 2016 | 3.8% | £856pcm |
| April 2015 | 2.5% | £824pcm |
| April 2014 | 4.2% | £805pcm |
| April 2013 | 4.4% | £772pcm |
| April 2012 | 2.3% | £739pcm |
| April 2011 | 1.5% | £723pcm |
| April 2010 | 2.6% | £712pcm |
| April 2009 | -5.8% | £694pcm |
| April 2008 | 2.3% | £737pcm |
| April 2007 | 0% | £721pcm |
The last sale was on 18th October 2024 for £320,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 34 sales since 1995.
B98 7YR has seen 1 sale in the last three years and no sales in the last twelve months.
B98 7YR is the 387th largest and the 668th most expensive postcode out of the 750 postcodes in the B98 area.
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The closest station to B98 7YR is Redditch station which is 3.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around B98 7YR, 48.2% of property is privately owned outright and 35.3% is privately owned with a mortgage.
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 7YR, 9.5% of residents are recorded as possessing school level qualifications and 35.4% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around B98 7YR, the average age was 43.5 and the most common age was 57.
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 7YR, 1.5% 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 7YR, there are an average of 1.5 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.