B98 7DU is a residential postcode located on The Mayfields, Redditch, B98. It is the 667th largest postcode in the B98 area.
It contains 24 residential addresses consisting of 9 houses and 15 flats and the most common type of property is a modern flat built after 1980.
The average house value is £134,253. Sales values have increased in the last 12 months by 3.6% and Rental values have increased by 7.5%.
Property sale values range from £120,873 for a leasehold flat, with 2 bedrooms split across 452 square feet of gross internal area and has no outside space to £347,243 for a freehold house, with 4 bedrooms split across 1,475 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B98 7DU is £246/ft2.
Properties achieve a rental yield of between 4.6% and 7%, and rental values range from £702 to £1,329 per month.
The last sale was 26 Jan 2024 for £130,000 and since then the market in the area as increased by 1.9%. The postcode has had a total of 4 sales since 1995.
B98 7DU has seen 4 sales in the last three years and 1 sale in the last twelve months.
B98 7DU is the 667th largest and the 70th most expensive postcode out of the 1,095 postcodes in the B98 area.
B98 7DU is a residential postcode located on The Mayfields, Redditch, B98 with 9 houses and 15 flats within its bounds.
The most common property type in B98 7DU is a modern flat built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to B98 7DU is Redditch station which is 900 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around B98 7DU, 40.3% of property is privately rented and 28.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 7DU, 12.3% of residents are recorded as possessing school level qualifications and 25.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around B98 7DU, the average age was 39.8 and the most common age was 37.
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 7DU, 0.7% 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 7DU, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.