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Property Prices on Grazing Lane, B97 - Full Market Breakdown
Access a snapshot of sales activity for Grazing Lane in the B97 district in Redditch and how it compares more widely.
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Associated Postcodes:
B97 5PE
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House Prices > Redditch > B97 > Grazing Lane
Market Beat of This Road
Snapshot Stats of Property Prices in Grazing Lane
- Since 2021, Grazing Lane has logged 6 transactions, with homes achieving an average price of £385,100. These properties typically cover 1,288 square feet, giving a cost of £289 per square foot.
- The real estate prices on Grazing Lane have varied from £352,000 to £425,000, with per-square-foot costs ranging between £250 and £349.
- The last real estate handshake on Grazing Lane took place in December 2022.
Housing Costs vs Nearby Areas
Property Costs: Grazing Lane vs Surrounding Areas
By Sector
B97 5
The typical home in the B97 5 sector is 32% less expensive than in Grazing Lane. (£262,500 vs £385,100) In terms of value, a similar property elsewhere in the sector could cost around £122,600 less than on Grazing Lane.
By District
i.e. B97
Property prices in the B97 district trail Grazing Lane by about 39%. (£234,000 vs £385,100). Therefore, securing a home on Grazing Lane could require approximately £151,100 more than elsewhere in the B97 district.
By City or Town
i.e. Redditch
Compared to Grazing Lane, the average sale price of a home in Redditch is 42% less. (£224,000 vs £385,100). So, unless you're after street name bragging rights, you could save around £161,000 by looking elsewhere in Redditch.
Road Info You’ll Want to Know
Beyond Property Prices: More Facts About Grazing Lane
- Across its whole length, this calm little street houses 19 properties, all part of one postcode.
- Grazing Lane contains zero homes classified as newly built under recent development criteria.
- Grazing Lane homes show average efficiency at 65 (D), with a projected rise to 80 (C).
- Residential properties on Grazing Lane tend to offer 27% more space than the local average, with homes reaching 1,288 square feet on average.
- A faster-moving market lives here: expect a sale every 14 months, faster than the 6.4 months across B97.
Local Market Must-Knows
Buying in Redditch? These Reads Make It Easier
Thinking about buying in Redditch? These wonderfully sharp and deeply specific articles uncover smart spots, surprising market shifts and where to strike gold (even on a modest budget).
Also worth checking, the Redditch House Prices page lays out how different property types have performed over the last several years.
Nearby Places to Roam
B97 Area Overview
These figures give shape to the quiet stirrings in B97’s local property market.
348
No. of Roads
4,677
No. of Transactions
£300K
Avg. Property Price
990
per sq/ft
Avg. Property Size
£253
per sq/ft
Avg. Cost Per Sq/Ft
More Paths to Discover
Other Roads You May Be Interested In
Popular Roads in B97
B97 Roads with Similar Prices
- Oakengates Close
- Coleford Close
- Parklands Close
- Aldermans Lane
- Shirehampton Close
- Holly Gardens
Roads Near Grazing Lane
- Angel Street
- Banks Green
- Bentley Lane
- Black Lake Lane
- Curr Lane
- Hewell Close
