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Cranham Close, B97 Property Market Overview
Discover valuable information about Cranham Close in Redditch on this page, and understand how it stacks up against the rest of the area and Redditch in general.
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Associated Postcodes:
B97 5AY, B97 5AZ
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House Prices > Redditch > B97 > Cranham Close
Housing Activity on This Street
Quick Look at Property Prices in Cranham Close
- Since 2021, Cranham Close has seen 35 property transactions, achieving an average sale price of £331,400. These homes usually span 1,027 square feet, costing £345 per square foot.
- On Cranham Close, property transaction prices have fluctuated from £8,300 to £465,000, while costs per square foot have spanned £13 to £542.
- On Cranham Close, the most recent house adventure started in July 2024.
Local Market Showdown
Cranham Close Real Estate vs Surrounding Areas
By Sector
B97 5
The average home on Cranham Close costs 12% more than in the B97 5 sector. (£331,400 vs £290,600). Market trends indicate that buyers choosing a home on Cranham Close may need to budget around £40,800 more than for a similar home in the same sector.
By District
i.e. B97
Investing in property on Cranham Close comes at a premium, with prices averaging 20% higher than in the B97 district. (£331,400 vs £265,400). Drawing a clear comparison, homes on Cranham Close tend to cost an additional £66,000 over those in B97.
By City or Town
i.e. Redditch
Redditch's average property prices are 13% lower than Cranham Close's. (£290,000 vs £331,400). Crunch the numbers, and Cranham Close could tack on £41,700 just for the location tag.
Street Highlights at a Glance
Bonus Useful Facts on Cranham Close
- This road is composed of 96 properties, tied across 2 postcodes.
- Cranham Close consists entirely of older, non-new-build properties.
- Current EPC results for Cranham Close homes show a mean of 65 (D), which could be improved to 82 (B).
- The typical home size on Cranham Close is 1,027 square feet, which is notably 9% larger than the townwide average in Redditch.
- Turnaround times are shorter on this street – about 2 months – making it speedier than the district norm of 6.85 months.
City Market Bites
Buying or Selling in Redditch? Read This First
Contemplating buying or investing in Redditch? Our expert analyses cover the best areas, property patterns, and market strategies for a solid deal.
Furthermore, you’ll find data on the House Prices in Redditch page, and real-world context over on our Redditch blog.
Standout Sites Nearby
B97 Area Overview
Located just a stone’s throw away from key amenities, B97 in Redditch is an ideal area for prospective investors intrigued by growth potential. Property developments are on the rise, adding value to both residential prospects and lifestyle enhancements, making this district a strategic choice for investors.
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
Streets That Stand Out
Roads Waiting to Impress
Popular Roads in B97
B97 Roads with Similar Prices
- Hennals Avenue
- Barston Street
- Valley Close
- Reynard Close
- Plumstead Close
- Ullapool Close
Roads Near Cranham Close
- Angel Street
- Banks Green
- Bentley Lane
- Black Lake Lane
- Curr Lane
- Hewell Close
