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The Elms Bromsgrove Road is a residential building situated on Bromsgrove Road, Redditch, B97 with 4 addresses.
It ranks as the 292nd largest and 265th most expensive of the 407 buildings in the B97 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
The Elms Bromsgrove Road is a residential building situated on Bromsgrove Road, Redditch, B97 with 4 addresses.
It ranks as the 292nd largest and 265th most expensive of the 407 buildings in the B97 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £123,054 for 2 bedroom Leasehold flats with a garden (495 ft2) to £132,735 for 2 bedroom Leasehold flats (613 ft2) .
Monthly rental prices range from £729 pcm for 2 bed flats to £731 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 7.1%.
The average value per square foot is £255.
The current average value in the building is £130,314.
The The Elms Bromsgrove Road Sales Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.8% | £130,314 |
| May 2025 | 1.3% | £129,292 |
| May 2024 | 0.9% | £127,670 |
| May 2023 | 1.3% | £126,545 |
| May 2022 | 6.5% | £124,874 |
| May 2021 | 4.2% | £117,232 |
| May 2020 | 2.3% | £112,531 |
| May 2019 | 0.6% | £109,984 |
| May 2018 | 4.4% | £109,313 |
| May 2017 | 2.5% | £104,677 |
| May 2016 | 5.9% | £102,157 |
| May 2015 | 4.3% | £96,496 |
| May 2014 | 4.8% | £92,494 |
| May 2013 | 2.1% | £88,271 |
| May 2012 | -2.5% | £86,414 |
| May 2011 | 0.3% | £88,621 |
| May 2010 | 1.9% | £88,352 |
| May 2009 | -12.1% | £86,740 |
| May 2008 | -2.9% | £98,691 |
| May 2007 | 0% | £101,610 |
The current average rental value in the building is £729.
The The Elms Bromsgrove Road Rental Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £729pcm |
| May 2025 | 6.7% | £707pcm |
| May 2024 | 9.8% | £663pcm |
| May 2023 | 6.4% | £604pcm |
| May 2022 | 5.5% | £567pcm |
| May 2021 | 0.3% | £538pcm |
| May 2020 | 2% | £536pcm |
| May 2019 | -0.4% | £525pcm |
| May 2018 | -0.2% | £527pcm |
| May 2017 | -0.4% | £528pcm |
| May 2016 | 2.9% | £530pcm |
| May 2015 | 1.4% | £516pcm |
| May 2014 | 2.6% | £508pcm |
| May 2013 | 1.7% | £496pcm |
| May 2012 | 1.2% | £487pcm |
| May 2011 | 0.3% | £482pcm |
| May 2010 | 1.4% | £480pcm |
| May 2009 | -7.7% | £473pcm |
| May 2008 | 1.9% | £513pcm |
| May 2007 | 0% | £503pcm |
The closest station to The Elms, Bromsgrove Road, Redditch, B97 4RJ is Redditch station which is 300 metres away.
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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 The Elms, Bromsgrove Road, Redditch, B97 4RJ, 55.2% of property is privately rented and 20.0% is privately owned outright.
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 The Elms, Bromsgrove Road, Redditch, B97 4RJ, 13.3% of residents are recorded as possessing school level qualifications and 22.6% 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 The Elms, Bromsgrove Road, Redditch, B97 4RJ, the average age was 39.8 and the most common age was 37.
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 The Elms, Bromsgrove Road, Redditch, B97 4RJ, 0.0% 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 The Elms, Bromsgrove Road, Redditch, B97 4RJ, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.