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Property Prices on Redwood Road, DY7 - Full Market Breakdown
Get an in-depth perspective on Redwood Road in Stourbridge, with comparisons to the wider neighborhood and the Stourbridge of Stourbridge overall.
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Associated Postcodes:
DY7 6JF, DY7 6JP, DY7 6JR
How much are properties worth today on Redwood Road?
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House Prices > Stourbridge > DY7 > Redwood Road
Housing Activity on This Street
Easy Essentials about Property Prices in Redwood Road
- Since 2021, Redwood Road has seen 15 homes sold for an average of £292,000. These homes generally offer 881 square feet, costing around £337 per square foot.
- Prices on Redwood Road have swung between £131,000 and £503,000, while square foot rates have strolled from £243 to £481.
- The final house sale on Redwood Road took place in August 2024.
Street Prices vs Nearby Markets
Redwood Road’s Market vs Surrounding Areas
By Locality
Kinver
The typical home in Kinver is 15% costlier than one on Redwood Road. (£337,200 vs £292,000) This indicates that a similar property in Kinver could cost you an additional £45,200 compared to Redwood Road.
By Sector
DY7 6
Market averages show that Redwood Road offers a saving of around 27% over the sector. (£371,900 vs £292,000). This information reveals that opting for Redwood Road could reduce your budget by approximately £79,900 compared to other sector areas.
By District
i.e. DY7
Homes in the DY7 district cost on average 33% more than similar properties on Redwood Road. (£389,400 vs £292,000). All signs point to a potential saving of £97,400 if you choose Redwood Road.
By City or Town
i.e. Stourbridge
With Redwood Road, you could have your cake and afford to eat it too - homes cost 1% less than Stourbridge. (£292,000 vs £295,000). From a financial perspective, Redwood Road offers a potential saving of £2,900 compared to Stourbridge.
More Street-Level Scoop
Beyond Property Prices: More Facts About Redwood Road
- This road is dotted with 73 properties, spread across 3 distinct postcodes.
- From the transaction history, it’s clear that no brand-new properties exist on Redwood Road.
- On Redwood Road, the average EPC rating is 62 (D), with the potential to reach up to 82 (B).
- At 881 square feet on average, properties on Redwood Road are comfortably 14% larger than those in Stourbridge.
- Ownership changes more often here – about every 6 months, noticeably faster than the 13.22 month pace across DY7.
City Market Bites
The Pace, Prices and Patterns in Stourbridge
Local market data can be thin, especially in Stourbridge. These two pieces help you understand what homes are worth – and how fast they’re going.
Additionally, the House Prices in Stourbridge page gives you clarity on how values compare across homes and neighbouring towns.
Quick Escapes in the District
Unpacking DY7: Insights & Info
For those always assessing values and costs, DY7 presents a lucrative option. Its housing market exhibits steady growth, making it an attractive investment with potential returns. Families and savvy investors alike find DY7’s combination of culture and commerce promising. It’s an area with benefits worth considering.
111
No. of Roads
722
No. of Transactions
£400K
Avg. Property Price
1,302
per sq/ft
Avg. Property Size
£310
per sq/ft
Avg. Cost Per Sq/Ft
Roads in the Area to Explore
Other Roads to Discover
Popular Roads in DY7
DY7 Roads with Similar Prices
- Meddins Close
- Wicket Lane
- Maple Close
- Compton Close
- Mill Brook Meadow
- Comber Grove
Roads Near Redwood Road
- Church Hill
- Dark Lane
- Kidderminster Road
- Spring Close
- Laburnum Close
- Dunsley Drive
