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Postcode Overview
of B98 7FW
B98 7FW is a residential postcode located on The Mayfields, Redditch, B98. It is the 655th largest postcode in the B98 area.
It contains 23 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in B98 7FW
The average house value is £145,199. 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 £126,482 for a leasehold flat, with 2 bedrooms split across 484 square feet of gross internal area and has no outside space to £179,955 for a leasehold flat, with 3 bedrooms split across 980 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in B98 7FW is £225/ft2.
Properties achieve a rental yield of between 5.8% and 6.9%, and rental values range from £724 to £863 per month.
Recent sales
within B98 7FW
The last sale was 01 Dec 2023 for £152,000 and since then the market in the area as increased by 2.5%. The postcode has had a total of 4 sales since 1995.
B98 7FW has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to B98 7FW
B98 7FW is the 655th largest and the 92nd most expensive postcode out of the 1,095 postcodes in the B98 area.
Property types
in B98 7FW
B98 7FW is a residential postcode located on The Mayfields, Redditch, B98 with 23 flats within its bounds.
The most common property type in B98 7FW is a modern flat built after 1980.
Energy Efficiency
of properties within B98 7FW
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to B98 7FW
Public transport nearby
to B98 7FW
The closest station to B98 7FW is Redditch station which is 900 m away.
