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Mill Lane, B96 Property Price Report
Discover how house prices along Mill Lane in the B96 district in Redditch have shifted against the wider market.
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Associated Postcodes:
B96 6HY
What are fair prices for homes on Mill Lane?
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House Prices > Redditch > B96 > Mill Lane
Street’s Market Snapshot
What’s Happening with House Prices on Mill Lane?
- Mill Lane has seen 3 sales since 2021, with an average sale price of £520,800. These homes typically span 1,107 square feet, resulting in £443 per square foot.
- On Mill Lane, homes have travelled across a price path from £425,000 to £695,000, while square footage rates drifted between £329 and £569.
- September 2023 marks the last known house sale on Mill Lane.
Road Costs in the Region
Mill Lane Costs vs Surrounding Areas Markets
By Locality
Feckenham
House values in Feckenham are on average 22% behind those on Mill Lane. (£406,000 vs £520,800) Given the numbers, opting for Feckenham could help you avoid spending an extra £114,800 compared to Mill Lane.
By Sector
B96 6
On Mill Lane, properties carry a 34% premium over the B96 6 sector average. (£520,800 vs £342,600). According to this data, securing a like-for-like home on Mill Lane could cost you an extra £178,200 compared to other streets in the sector.
By District
i.e. B96
Recent figures reveal that properties on Mill Lane are priced, on average, 34% above those in the B96 district. (£520,800 vs £342,600). Accordingly, a property on Mill Lane could carry a premium of £178,200 over those in the B96 district.
By City or Town
i.e. Redditch
Redditch might not have Mill Lane’s postcode, but it’ll save you 57%. (£520,800 vs £224,000). The cost difference suggests that a property elsewhere in Redditch could be purchased for £296,700 less than an equivalent one on Mill Lane.
Road Features You Might Miss
Handy Useful Facts for Mill Lane
- The road has a total of 35 properties and 3 postcodes.
- There are no newly built homes on Mill Lane.
- The average EPC rating for properties on Mill Lane is now 62 (D), with an achievable rating of 79 (C).
- Floor plans on Mill Lane tend to average 1,107 square feet, offering 15% more space than homes across Redditch.
- With a brisk resale interval of 29 months, this street sees more activity than typical B96 roads, where the cycle sits at 9.52 months.
Local Market Must-Knows
Which Redditch Postcodes Stand Out – and Which Don’t
In Redditch, useful property advice is pretty thin. These articles aim to be the exception – short, specific and incredibly relevant.
Additionally, the House Prices in Redditch page provides a straightforward breakdown of pricing by year, district, and property style.
District Hotspots to Hit
A Closer Look at B96
B96 might not be one of those postcodes that people shout about at brunch, but it’s quietly doing its thing – and if you’d like to know what that ‘thing’ is (without being bombarded with clichés), the section below is worth your time.
65
No. of Roads
587
No. of Transactions
£400K
Avg. Property Price
1,295
per sq/ft
Avg. Property Size
£298
per sq/ft
Avg. Cost Per Sq/Ft
Local Roads Unpacked
Roads to Spotlight Next
Popular Roads in B96
B96 Roads with Similar Prices
- Wood Lane
- Orchard Grove
- Salt Way
- Stockwood Lane
- Bouts Lane
- Astwood Lane
Roads Near Mill Lane
- Astwood Lane
- Avenue Road
- Berrowhill Lane
- Beverley Close
- Blaze Lane
- Butler Street
