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Mill Cottages Mill Lane is a residential building situated on Mill Lane, Broom, Alcester, B50 with 6 addresses.
It ranks as the 342nd largest and 364th most expensive of the 465 buildings in the B50 area. The dominant property type is a mid-century house built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
Mill Cottages Mill Lane is a residential building situated on Mill Lane, Broom, Alcester, B50 with 6 addresses.
It ranks as the 342nd largest and 364th most expensive of the 465 buildings in the B50 area. The dominant property type is a mid-century house built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £174,822 for 2 bedroom leasehold flats (505 ft2) to £377,021 for 3 bedroom freehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £855 pcm for 2 bed flats to £1,626 pcm for 3 bed houses.
The gross rental yield is between 5.2% and 5.9%.
The average value per square foot is £381.
The last sale in Mill Cottages Mill Lane sold for £340,000 on 24th October 2025. Since then prices are up an average of 1.8%.
The current average value in the building is £324,974.
The Mill Cottages Mill Lane Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £324,974 |
| May 2025 | 6.1% | £319,119 |
| May 2024 | -3.2% | £300,812 |
| May 2023 | 4.6% | £310,884 |
| May 2022 | 4.5% | £297,240 |
| May 2021 | 5.7% | £284,385 |
| May 2020 | 2% | £269,163 |
| May 2019 | 1.9% | £263,911 |
| May 2018 | 0.7% | £259,012 |
| May 2017 | 3.9% | £257,177 |
| May 2016 | 4.5% | £247,557 |
| May 2015 | 3.4% | £236,800 |
| May 2014 | 4% | £229,069 |
| May 2013 | 2.7% | £220,351 |
| May 2012 | 4.8% | £214,657 |
| May 2011 | -2.5% | £204,790 |
| May 2010 | 0.2% | £210,017 |
| May 2009 | -8.8% | £209,601 |
| May 2008 | 0.8% | £229,780 |
| May 2007 | 0% | £227,882 |
The current average rental value in the building is £1,434.
The Mill Cottages Mill Lane Rental Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £1,434pcm |
| May 2025 | 6.3% | £1,386pcm |
| May 2024 | 5.5% | £1,304pcm |
| May 2023 | 8.3% | £1,236pcm |
| May 2022 | 4.5% | £1,141pcm |
| May 2021 | 4.6% | £1,092pcm |
| May 2020 | -0.7% | £1,043pcm |
| May 2019 | 0.1% | £1,050pcm |
| May 2018 | 1.1% | £1,050pcm |
| May 2017 | -0.7% | £1,038pcm |
| May 2016 | 3.4% | £1,045pcm |
| May 2015 | 2.6% | £1,010pcm |
| May 2014 | 3.7% | £985pcm |
| May 2013 | 0.5% | £950pcm |
| May 2012 | 0% | £946pcm |
| May 2011 | 5.5% | £945pcm |
| May 2010 | 2.8% | £896pcm |
| May 2009 | -8.2% | £872pcm |
| May 2008 | 5.8% | £950pcm |
| May 2007 | 0% | £898pcm |
The last sale was on 24th October 2025 for £340,000 and since then the market in the area has increased by 1.8%. The building has had a total of 12 sales since 1995.
Mill Cottages, Mill Lane, Broom, Alcester, B50 4HR has seen 2 sales in the last three years and 2 sales in the last twelve months.
The closest station to Mill Cottages, Mill Lane, Broom, Alcester, B50 4HR is Honeybourne station which is 8.9 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Mill Cottages, Mill Lane, Broom, Alcester, B50 4HR, 42.0% of property is privately owned outright and 29.0% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Mill Cottages, Mill Lane, Broom, Alcester, B50 4HR, 9.6% of residents are recorded as possessing school level qualifications and 30.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mill Cottages, Mill Lane, Broom, Alcester, B50 4HR, the average age was 44.3 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Mill Cottages, Mill Lane, Broom, Alcester, B50 4HR, 0.7% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Mill Cottages, Mill Lane, Broom, Alcester, B50 4HR, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.