Oak House, Herbert Street - B98 8BL
Key Building Insights
Oak House, Herbert Street is a residential building situated on Herbert Street, Redditch, B98 with 9 addresses.
It ranks as the 193rd largest and 11th most expensive of the 222 buildings in the B98 area. The most common property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £84,633
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £541pcm
- 10 Year change
- up 33.9%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Building Insights
Oak House, Herbert Street is a residential building situated on Herbert Street, Redditch, B98 with 9 addresses.
It ranks as the 193rd largest and 11th most expensive of the 222 buildings in the B98 area. The most common property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £84,633
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £541pcm
- 10 Year change
- up 33.9%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertieson Herbert Street, Redditch, B98
- 1 Oak House Herbert Street
1 Bed Modern Flat
- 2 Oak House Herbert Street
1 Bed Modern Flat
- 3 Oak House Herbert Street
1 Bed Modern Flat
- 4 Oak House Herbert Street
1 Bed Modern Flat
- 5 Oak House Herbert Street
1 Bed Modern Flat
Sales Market Trends
The last sale in Oak House, Herbert Street sold for £70,000 on 23rd February 2024. Since then prices are up an average of 1.8%.
The current average value in the building is £84,633.
The Oak House, Herbert Street Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £84,633 |
| June 2025 | 0.8% | £84,932 |
| June 2024 | 0.5% | £84,297 |
| June 2023 | 0.2% | £83,845 |
| June 2022 | 6.3% | £83,674 |
| June 2021 | 4.9% | £78,727 |
| June 2020 | 3.3% | £75,060 |
| June 2019 | 0.6% | £72,684 |
| June 2018 | 3.4% | £72,276 |
| June 2017 | 2.9% | £69,890 |
| June 2016 | 4.4% | £67,913 |
| June 2015 | 4.8% | £65,044 |
| June 2014 | 5.7% | £62,078 |
| June 2013 | 2.8% | £58,757 |
| June 2012 | -1.7% | £57,180 |
| June 2011 | -0.9% | £58,164 |
| June 2010 | 3.5% | £58,672 |
| June 2009 | -11.8% | £56,687 |
| June 2008 | -3.6% | £64,236 |
| June 2007 | 0% | £66,601 |
Rental Market Trends
The current average rental value in the building is £541.
The Oak House, Herbert Street Rental Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £541pcm |
| June 2025 | 6.1% | £531pcm |
| June 2024 | 9.6% | £500pcm |
| June 2023 | 5.7% | £456pcm |
| June 2022 | 5.8% | £432pcm |
| June 2021 | 0.5% | £408pcm |
| June 2020 | 2.1% | £406pcm |
| June 2019 | -0.7% | £398pcm |
| June 2018 | 0.2% | £401pcm |
| June 2017 | -1% | £400pcm |
| June 2016 | 2.6% | £404pcm |
| June 2015 | 1.4% | £394pcm |
| June 2014 | 3.1% | £388pcm |
| June 2013 | 1.4% | £377pcm |
| June 2012 | 1.6% | £371pcm |
| June 2011 | 0.1% | £365pcm |
| June 2010 | 2.3% | £365pcm |
| June 2009 | -6.9% | £357pcm |
| June 2008 | 1% | £383pcm |
| June 2007 | 0% | £379pcm |
Sales History
The last sale was on 23rd February 2024 for £70,000 and since then the market in the area has increased by 1.8%. The building has had a total of 15 sales since 1995.
Oak House, Herbert Street, Redditch, B98 8BL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£70,000 | 1 Bed Flat9 Oak House, Herbert Street, Redditch, B98 8BL9 Oak House, Herbert Street, Redditch, B98 8BL
- Sold Feb 2022£81,500 | 1 Bed Flat8 Oak House, Herbert Street, Redditch, B98 8BL8 Oak House, Herbert Street, Redditch, B98 8BL
- Sold Feb 2021£83,000 | 1 Bed Flat2 Oak House, Herbert Street, Redditch, B98 8BL2 Oak House, Herbert Street, Redditch, B98 8BL
- Sold Mar 2020£79,500 | 1 Bed Flat4 Oak House, Herbert Street, Redditch, B98 8BL4 Oak House, Herbert Street, Redditch, B98 8BL
- Sold Sep 2019£90,000 | 2 Bed Flat6 Oak House, Herbert Street, Redditch, B98 8BL6 Oak House, Herbert Street, Redditch, B98 8BL
Property Types
- 9 modern flats built after 1980
- modern flat (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2014£300,000 | 1 Bed Flat1 Oak House, Herbert Street, Redditch, B98 8BL1 Oak House, Herbert Street, Redditch, B98 8BL
- Sold Sep 2019£90,000 | 2 Bed Flat6 Oak House, Herbert Street, Redditch, B98 8BL6 Oak House, Herbert Street, Redditch, B98 8BL
- Sold Apr 2018£87,000 | 1 Bed Flat2 Oak House, Herbert Street, Redditch, B98 8BL2 Oak House, Herbert Street, Redditch, B98 8BL
Schools Nearby
- Holyoakes Field First School600 m away
- St Stephen's CofE First School800 m away
- St George's CofE First School and Nursery800 m away
- Trinity High School and Sixth Form Centre300 m away
- Arrow Vale High School3.1 km away
- Tudor Grange Academy Redditch3.5 km away
More reading links
Public Transport Nearby
The closest station to Oak House, Herbert Street, Redditch, B98 8BL is Redditch station, which is 400 metres away.
- Redditch|400 m away
- Alvechurch|4.7 km away
- Barnt Green|6.9 km away
- Bromsgrove|7.6 km away
