B98 8RF is a residential postcode located on Oldbury Close, Redditch, B98. It is the 737th largest postcode in the B98 area.
It contains 30 residential addresses consisting of 29 houses and 1 flat and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £201,682. Sales values have increased in the last 12 months by 4.4% and Rental values have increased by 6.0%.
Property sale values range from £143,598 for a leasehold flat, with 2 bedrooms split across 745 square feet of gross internal area and has no outside space to £244,919 for a leasehold house, with 3 bedrooms split across 1,001 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B98 8RF is £284/ft2.
Properties achieve a rental yield of between 5.5% and 6.5%, and rental values range from £780 to £1,117 per month.
The last sale was 20 Dec 2023 for £240,000 and since then the market in the area as increased by 3.9%. The postcode has had a total of 4 sales since 1995.
B98 8RF has seen 4 sales in the last three years and 1 sale in the last twelve months.
B98 8RF is the 737th largest and the 343rd most expensive postcode out of the 1,095 postcodes in the B98 area.
B98 8RF is a residential postcode located on Oldbury Close, Redditch, B98 with 29 houses and 1 flat within its bounds.
The most common property type in B98 8RF is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to B98 8RF is Redditch station which is 2.3 km 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 8RF, 49.2% of property is privately owned with a mortgage and 32.3% is privately owned outright.
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 8RF, 14.4% of residents are recorded as possessing school level qualifications and 33.8% 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 8RF, the average age was 36.4 and the most common age was 32.
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 8RF, 0.0% 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 8RF, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.