House prices in Redditch have gone up by an average of over £400 in the month of May, according to figures from the Land Registry.

The latest data from the government department reveals that in May 2022 average house prices in Redditch reached £259,075.

This was up from £258,650 in April, representing a 0.2 per cent increase. In the last 12 months it has risen by 11.9 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Redditch here.

How much have house prices increased in Redditch?

Breaking it down for specific types of housing, some prices saw a fall despite the general increase.

  • Detached houses - Down to £419,880 from £420,940 in April
  • Semi-detached houses - Up to £258,107 from £257,482 in April
  • Terraced houses - Up to £202,130 from £200,885 in April
  • Flats - Down to £125,270 from £125,332 in April

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How do Redditch house prices compare to the UK average?

Despite the rise in prices this month, Redditch is still below the UK average with typical property value in the nations reaching £283,496 in May.

In cash terms, the average house price in May was £32,210 higher than a year earlier with house price growth accelerating to 12.8 per cent in May 2022. Prices were up by 1.2 per cent month on month.

How much could your house be worth?

We have created this map for the West Midlands so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Redditch are the most expensive for average house prices.