THE NUMBER of residential properties sold in Redditch dropped by 60 per cent compared to the same time last year, the latest figures have shown.
This year, 111 houses or flats changed hands in the borough between April and June.
During the same period last year, 285 were successfully sold.
The figures relate to flats and a variety of house types, including terraced, semi-detached and detached.
Although the Redditch area residential property market has slowed in the past year, certain postal districts and certain property types have slowed more than others.
Despite the slowdown, property values remained mostly stable in the last year.
The forecast for the year ahead, to the second quarter of 2026, is for modest property values to rise from around one to three per cent.
Transaction volumes in Redditch fell for all property types
The fall in residential property transactions in the last year varied quite a lot by property type.
Sales of semi-detached properties fell the most in percentage terms, down 70 per cent.
The number of terraced properties sold decreased b y 62 per cent, while flat transactions were down 53 per cent.
Detached property transactions showed the most resilience – they were down by 51 per cent.
Postcode differences
The market slowdown affected all Redditch postal districts, but it affected some more than others.
The biggest drop in house sales happened in the B96 area – they fell by 71 per cent. The number of homes sold in B98 was down by 67 per cent, and in B97 there was a decrease of 53 per cent.
These differences partly reflect postal district desirability and resilience, but also the type of property – there were a higher share of flats in some districts than others.
Redditch compared to the UK average
Redditch slowed more than regional and national property markets
The property market slowed more in Redditch than it did in the West Midlands and in England and Wales.
Between the second quarter of 2024 and the same period in 2025, the number of sales in Redditch were down 61 per cent, compared to down 54 percent in the West Midlands and down 54 percent in England and Wales.
Redditch property values on the up
The estimated value of residential properties generally increased in Redditch in the four quarters to 2025, but with one exception, flats.
The estimated value of the typical flat decreased by around £4,000 in absolute terms, or by about 2.1 per cent.
Terraced, semi-detached, and detached properties all increased in value by between 0.1 and 2.9 per cent respectively.
Next year’s forecast
Looking forward, all property types are forecast to grow in value from April to June 2025 to the second quarter in 2026, albeit at different rates.
Detached properties are forecast to appreciate the most, by 3.0 per cent, followed by semi-detached properties (2.4 per cent) and terraced properties (1.7 per cent).
The data used to prepare this report come from Land Registry records on residential property transactions for England and Wales, and from other public data sources.
The report was prepared by Big Picture Property – click here for more. People can check out how their own individual property will increase or decrease in value over the next year, three years or five years.
The data are used is under Open Government Licence v3.0.
People with any questions or commons can email them to: author, Dr David Grover, at [email protected].
‘People with any questions or comments can email the author, Dr David Grover, at [email protected]. People can see how the value of their own property in Redditch or Bromsgrove is expected to change over the next 1,3 and 5 years by visiting http://bigpicture.property/.’
People with any questions or commons can email them to: author, Dr David Grover, at [email protected].
