Property profile

5 Lancaster Way Cofton Hackett

Map showing 5, Lancaster Way, Cofton Hackett, Birmingham

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£360,000

Detached sold in Cofton

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold23 Oct 2020
£309,995Change since last sale: +£51,000 (+16%)
Annualised change
+2.6% per yearBromsgrove annualised change (detached) since 2020: +3.3% per yearThis property's value grew slower than the market
Price per sq ftLocal median £370 per sq ft
£349 per sq ftEstimate vs local median: −£21 per sq ft (−5.5%)
Local sold pricesMedian for detached in Cofton
£496,000Estimate vs local median: −£135,000 (−27%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Detached
TenureFreehold
Floor area96 m² / 1,033 sq ft
EPC ratingB
EPC inspection08 Sept 2020

Sales history

DatePriceChange
23 Oct 2020£309,995-

Local market

Property prices in Cofton

Median price£405,000
Price per sq ft£351
Sales (last 12 months)65
Typical range (middle 50%)£325K – £500K

Based on 65 recent sales, the median property price is £405,000 (about £351 per square foot) in Cofton area, with individual transactions ranging from £126,500 up to £780,500.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Cofton over the last year.
TypeSalesMedian£/sq ft
Detached29£496,000£370
Semi-Detached25£365,000£329
Terraced11£282,000£298

10-year price trendmedian sale price in Cofton

Sale price

Ten year median sale price trend for each property type in Cofton.
YearDetachedSemi-DetachedTerraced
2016£375,995£315,995£231,000
2017£445,498£279,950£202,500
2018£435,995£307,498£247,495
2019£395,000£299,975£249,995
2020£464,000£338,995£357,155
2021£492,500£349,750£250,998
2022£504,995£346,995£350,000
2023£480,000£385,000£272,500
2024£487,500£380,000£370,000
2025£525,000£357,500£286,000
2026£480,500£402,000£278,000
Ten year median sale price trend for each property type in Cofton.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Cofton.
YearDetachedSemi-DetachedTerraced
2016£273£238£243
2017£260£268£254
2018£292£268£259
2019£305£292£292
2020£300£280£273
2021£352£301£307
2022£374£375£330
2023£373£353£355
2024£362£332£331
2025£358£358£301
2026£375£310£312
Ten year median sale price per square foot trend for each property type in Cofton.

Price distribution by property typelast 12 months

Price distribution by property type for Cofton in the last year.

Recent sales

There were 45 recent sold properties in the last 18 months near B45 8FZ.

Recent sold properties in the last 18 months near B45 8FZ
DateAddressTypeTenurePriceMap
22 Aug 20259, Lancaster Way, Birmingham, B45 8FZSemi-DetachedLeasehold£130,000
18 Aug 202515, Lancaster Way, Birmingham, B45 8FZDetachedFreehold£390,000
06 Jun 20251, Lancaster Way, Birmingham, B45 8FZSemi-DetachedFreehold£357,500
03 Feb 20262, Newman Drive, Birmingham, B45 8FYDetachedFreehold£375,000
22 Sept 202516, Newman Drive, Birmingham, B45 8FYDetachedFreehold£390,000

Other properties at this postcode

Area insights for B45 8FZ

Full area profile →

Overview

Postcode B45 8FZ is located in a major urban area, within the Cofton ward of Bromsgrove in the West Midlands region, and forms part of the Barnt Green & Lickey Hills area. It has very low deprivation and very low crime levels, with around 24.6 crimes per 1,000 residents per year, about 75% below the West Midlands average of 97 per 1,000. The average income per household in Barnt Green & Lickey Hills is £77,356 per year. The nearest station is Longbridge, about 1.2 miles away.

Crime rate
2/10
Crimes per 1k residents
25
Deprivation level
2/10
Income level
10/10
Social housing
40.5%
Connectivity
N/A
Flood Risk
No risk
Noise Level
High

Deprivation level

2/10

Barnt Green & Lickey Hills has a very low level of deprivation, ranked at position 29,031 out of 32,844 areas in the United Kingdom, placing it within the bottom 12% least deprived areas in England.

Crime level

2/10

Barnt Green & Lickey Hills has a very low crime rate, with approximately 24.6 reported incidents per 1,000 population each year.

Social housing

40.5%

Approximately 40.5% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 3.0% of dwellings are socially rented.

Income level

10/10

The average income per household in Barnt Green & Lickey Hills is £77,356 per year.

Noise Level

High

High noise level (70.0-74.9 dB) from rail, approximately 269 ft away from B45 8FZ.

Flood risk

No risk

Barnt Green & Lickey Hills near B45 8FZ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Longbridge located about 1.2 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
201
Population density
956.9 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
11.5(-70%)
Anti-social behaviour
8.21(-24%)
Burglary
4.93(+21%)
Vehicle crime
3.7(-43%)
Criminal damage and arson
1.23(-83%)
West Midlands average

Demographics

Ethnic groups

British
145
72.86%
White and Black Caribbean (mixed)
12
6.03%
Caribbean
11
5.53%
Indian
9
4.52%
African
7
3.52%
Total population: 199

Economics

Education (age 16+)

Level 4+ (Degree)
55
44.35%
Level 3 (A level)
21
16.94%
No qualifications
16
12.9%
Level 2 (GCSEs 9-4)
15
12.1%
Level 1 (GCSEs 3-1)
13
10.48%
Total 16+ residents: 124

Housing

Housing tenure

Other social rented
23
31.08%
Owns with a mortgage
22
29.73%
Shared ownership
10
13.51%
Social rents from council
7
9.46%
Owns outright
6
8.11%
Total households: 74

Schools

In the B45 8FZ postcode area, located within Barnt Green & Lickey Hills, there are no schools in close proximity.

Local amenities

1 nearby supermarkets & convenience stores within mi of B45 8FZ

Nearby supermarkets & convenience stores for B45 8FZ
DistanceNameAddressDirections
0.3 miLifestyle ExpressParsonage Drive, Bromsgrove, B45 8ASWalking directions to Lifestyle Express