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Banners Lane, B97 Property Prices - Latest Sales & Trends
Take a closer peek at Banners Lane in Redditch, and explore how it stands against the wider district and the full Redditch area.
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Associated Postcodes:
B97 5LS, B97 5NA
What’s the average price for properties on Banners Lane?
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House Prices > Redditch > B97 > Banners Lane
Property Activity On This Street
Quick Look at Property Prices in Banners Lane
- 21 properties have been sold on Banners Lane since 2021, with an average price of £169,800. The homes typically measure 868 square feet, equating to £217 per square foot.
- Across Banners Lane, homes have commanded figures ranging from £105,000 to £242,500, while square foot values have shifted from £156 to £363.
- The last set of moving boxes made their way onto Banners Lane in August 2024.
Street Homes vs Area Markets
Banners Lane Property Prices vs Surrounding Areas
By Locality
Crabbs Cross
In Crabbs Cross, you’re looking at 1% more for a home than on Banners Lane. (£170,700 vs £169,800) Taking this into account, Banners Lane could cut your final bill by around £900.
By Sector
B97 5
Choosing Banners Lane could lighten your financial load by around 71% compared to the sector norm. (£290,600 vs £169,800). If you're considering both locations, purchasing a similar property on Banners Lane rather than elsewhere in the same sector could save you around £120,800.
By District
i.e. B97
Property averages suggest Banners Lane homes cost 56% less compared to the wider B97 district. (£169,800 vs £265,400). From a cost-efficiency angle, homes on Banners Lane could deliver a saving of around £95,600.
By City or Town
i.e. Redditch
The average property price on Banners Lane is 71% lower than in Redditch. (£169,800 vs £290,000). In real terms, this means that a property on Banners Lane could cost you £119,900 less than a similar one in Redditch.
Street Perks and Particulars
Must-Know Useful Facts About Banners Lane
- This road comprises 120 properties, with 4 postcodes associated with it.
- Every property on Banners Lane is an existing home, with no new-builds.
- Right now, Banners Lane homes average a rating of 65 (D), which might be pushed to 83 (B).
- Homes on Banners Lane measure an average of 868 square feet, placing them approximately 8% above the average size found across Redditch.
- If you’re after movement, this street delivers – homes sell every 4 months, well ahead of the average 6.85 months seen in B97.
Tips for Local Buyers
Quick Guides to Redditch Property Trends
Every city has its curveballs, and these articles don’t shy away from them. Whether you’re after value, pace or peace, you’ll find the right road faster.
For a wider market view, the House Prices in Redditch page gives you the numbers broken down by type, year, and location.
District Delights Await
A Closer Look at B97
Like peering beneath the surface, B97 unearths insights for those curious enough to pause. It sheds light on a framework of transformative community projects, a vibrant mingling of residential life and commerce that suits historical Redditch residents. This fantastic district constantly renews interest with its layered offerings.
346
No. of Roads
4,343
No. of Transactions
£300K
Avg. Property Price
989
per sq/ft
Avg. Property Size
£272
per sq/ft
Avg. Cost Per Sq/Ft
Hidden Roads Around Here
Roads in the Vicinity to Know
Popular Roads in B97
B97 Roads with Similar Prices
- Melen Street
- Tidbury Close
- Stonehouse Close
- Ash Tree Road
- Byron Road
- Fir Tree Close
Roads Near Banners Lane
- Angel Street
- Banks Green
- Bentley Lane
- Black Lake Lane
- Curr Lane
- Hewell Close
