Property Data OutlookRedditch
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Redditch
Key indicators for buyers
The Redditch market looks favourable for buyers. Affordability has improved from a peak of 8.9x in 2022 to 6.9x today.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Redditch costs 6.9x the local median salary — moderate, improving from a peak of 8.9x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Redditch is £896, up 0.3% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Redditch price of £242,099 with a 25% deposit (£61k), a 2-year fixed mortgage at 3.97% costs around £955 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£955) are £59 more than renting (£896). However, buying requires an upfront deposit of £61k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
3, BELBROUGHTON CLOSE, LODGE PARK B98 7NH | Terraced | £190,000 | 29 Jan 2026 |
3, FOXLYDIATE COTTAGES, FOXLYDIATE LANE B97 5PB | Terraced | £320,000 | 15 Jan 2026 |
8, CYPRUS AVENUE, ASTWOOD BANK B96 6HF | Semi-detached | £347,000 | 15 Jan 2026 |
28, HIGH STREET, ASTWOOD BANK B96 6AR | Semi-detached | £350,000 | 15 Jan 2026 |
LINDRIDGE, THE MAYFIELDS B98 7DU | Detached | £392,000 | 14 Jan 2026 |
3, COLERIDGE CLOSE B97 5BT | Flat/Maisonette | £90,000 | 14 Jan 2026 |
80, ILLSHAW CLOSE, WINYATES B98 0QZ |
Explore postcodes in Redditch
3postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.