marketcodeAsking rent
£949 a month 12 months to Jul 2026
307 lets
Postcode district
B97 rental market
Asking rent £949 a month · Gross yield 3.7% · 12 months, listings to Aug 2026
What is B97?
- Buildings
- 12,189
- Mixed-use buildings
- 1.2%
- HMO-shaped units
- 37%
What does B97 earn?
B97: asking rent £949 a month (12 months to Jul 2026, 307 lets).
Gross yield, asking basis
3.7% 12 months to Aug 2026
535 lets
+4.1% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
120 on 20 Sep 2026
How does B97 vary by home size?
Asking rent in B97 runs from £791 a month for 1 bedroom to £1,313 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £791 a month | 12 months to Aug 2026 | +6.2% on the previous 12 months | 257 |
| 2 bedrooms | £1,028 a month | 12 months to Aug 2026 | +9.3% on the previous 12 months | 161 |
| 3 bedrooms | £1,313 a month | 12 months to Aug 2026 | +5.3% on the previous 12 months | 94 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns B97?
Corporate landlords hold 74% of the 704 units in B97 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords74% of classified · 519 units
- Housing associations18% of classified · 126 units
- Individuals (not traceable in bulk)7.5% of classified · 53 units
- RMC0.9% of classified · 6 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does B97 rank?
B97 ranks 2nd of 2 postcode districts in Redditch for asking rent, at £949 a month.
Asking rent · postcode districts in Redditch
B97 ranks 2nd of 2 postcode districts in Redditch for asking rent, at £949 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | B98 | £999 a month | 342 | measured |
| 2 | B97 | £949 a month | 307 | measured |
Gross yield, asking basis · postcode districts in Redditch
B97 ranks 2nd of 3 postcode districts in Redditch for gross yield, asking basis, at 3.7%.
Where next from B97?
- RedditchThe wider market this area sits in.
- B96Neighbouring postcode district · £5,225/m²
- B98Neighbouring postcode district · £3,017/m²
- B48Next door, in another authority · £7,017/m²
- B60Next door, in another authority · £4,211/m²
- B80Next door, in another authority · £3,532/m²
- Homes for sale in B97Live sale listings, the same place and cohort.
- Homes to rent in B97Live lettings, the same place.
- Completed sales in B97Registered completions, newest first.
- Planning applications in B97Applications and decisions on record.
- Buildings in B97Every building with its units, parcel and freeholder.
- Land in B97Parcels, titles and adjacent ownership.
- Properties in B97Every addressable home with its floor area, tenure and last sale.
- Estate agents in B97Who actually lists here, ranked by volume over 12 months.
Questions about B97
- What is the average rent in B97?
- Homes to let in B97 asked a median £949 a month over the 12 months to Jul 2026, 307 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in B97?
- 3.7% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 535 lets. +4.1% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 307 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 535 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |