Chestnut Road - B61 8LY
Key Postcode Insights
B61 8LY is a residential postcode situated on Chestnut Road, Bromsgrove, B61 with 13 addresses.
It ranks as the 356th largest of the 700 postcodes in the B61 area.
The postcode contains a total of 13 properties: 7 houses and 6 other properties.
- Ave. Sale Price
- £226,636
- 10 Year change
- up 56.1%
- Ave. Rental Price
- £1,239pcm
- 10 Year change
- up 66.7%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
B61 8LY is a residential postcode situated on Chestnut Road, Bromsgrove, B61 with 13 addresses.
It ranks as the 356th largest of the 700 postcodes in the B61 area.
The postcode contains a total of 13 properties: 7 houses and 6 other properties.
- Ave. Sale Price
- £226,636
- 10 Year change
- up 56.1%
- Ave. Rental Price
- £1,239pcm
- 10 Year change
- up 66.7%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Properties in B61 8LY
- 9 Chestnut Road
House
- 10 Chestnut Road
3 Bed Mid-century House
- 11 Chestnut Road
House
- 12 Chestnut Road
3 Bed Mid-century House
- 13 Chestnut Road
3 Bed Mid-century House
Sales Market Trends
The last sale in B61 8LY sold for £225,000 on 13th October 2023. Since then prices are up an average of 21.4%.
The current average value in the postcode is £226,636.
The B61 8LY Sales Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £226,636 |
| June 2025 | 5.7% | £221,817 |
| June 2024 | -1.4% | £209,866 |
| June 2023 | 1.7% | £212,923 |
| June 2022 | 9.8% | £209,320 |
| June 2021 | 6.4% | £190,613 |
| June 2020 | 3.8% | £179,077 |
| June 2019 | 4.3% | £172,528 |
| June 2018 | 4.9% | £165,362 |
| June 2017 | 8.6% | £157,661 |
| June 2016 | 6.1% | £145,175 |
| June 2015 | 4.9% | £136,818 |
| June 2014 | 7% | £130,382 |
| June 2013 | 1.9% | £121,837 |
| June 2012 | 1.5% | £119,532 |
| June 2011 | -1.7% | £117,775 |
| June 2010 | 1.2% | £119,841 |
| June 2009 | -7.9% | £118,439 |
| June 2008 | -2.1% | £128,553 |
| June 2007 | 0% | £131,271 |
Rental Market Trends
The current average rental value in the postcode is £1,239.
The B61 8LY Rental Market has increased by 66.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,239pcm |
| June 2025 | 6.9% | £1,183pcm |
| June 2024 | 6.2% | £1,107pcm |
| June 2023 | 8.5% | £1,042pcm |
| June 2022 | 9.3% | £961pcm |
| June 2021 | 7.9% | £879pcm |
| June 2020 | 1.8% | £815pcm |
| June 2019 | 2.5% | £800pcm |
| June 2018 | 2.1% | £780pcm |
| June 2017 | 2.8% | £764pcm |
| June 2016 | 3.4% | £743pcm |
| June 2015 | 3.4% | £719pcm |
| June 2014 | 3.8% | £696pcm |
| June 2013 | -0.6% | £670pcm |
| June 2012 | 1.5% | £674pcm |
| June 2011 | 1.4% | £664pcm |
| June 2010 | 2.4% | £655pcm |
| June 2009 | -5.8% | £639pcm |
| June 2008 | 2.9% | £678pcm |
| June 2007 | 0% | £659pcm |
Sales History
The last recorded sale was on 13th October 2023 for £225,000 and since then the market in the area has increased by 21.4%.
B61 8LY has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Oct 2023£225,000 | 3 Bed House25, Chestnut Road, Bromsgrove, B61 8LY25, Chestnut Road, Bromsgrove, B61 8LY
- Sold Mar 2021£223,500 | 3 Bed House13, Chestnut Road, Bromsgrove, B61 8LY13, Chestnut Road, Bromsgrove, B61 8LY
- Sold Jan 2020£177,500 | 3 Bed House25, Chestnut Road, Bromsgrove, B61 8LY25, Chestnut Road, Bromsgrove, B61 8LY
Nearby Postcodes
B61 8LY is the 356th largest and the 133rd most expensive postcode out of the 700 postcodes in the B61 area.
- B61 8LT, Chestnut Road, Bromsgrove, B61B61 8LT8 Addresses|67 m away
- B61 8LZ, Chestnut Road, Bromsgrove, B61B61 8LZ17 Addresses|86 m away
- B61 8LU, Laurel Grove, Bromsgrove, B61B61 8LU20 Addresses|91 m away
- B61 8NG, Broad Street, Bromsgrove, B61B61 8NG45 Addresses|93 m away
- B61 8HY, Bewell Head, Bromsgrove, B61B61 8HY51 Addresses|105 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold May 2024£270,000 | 3 Bed House22, Chestnut Road, Bromsgrove, B61 8LZ22, Chestnut Road, Bromsgrove, B61 8LZ
- Sold Sep 2018£225,000 | 3 Bed House8, Chestnut Road, Bromsgrove, B61 8LT8, Chestnut Road, Bromsgrove, B61 8LT
- Sold Oct 2023£225,000 | 3 Bed House25, Chestnut Road, Bromsgrove, B61 8LY25, Chestnut Road, Bromsgrove, B61 8LY
Schools Nearby
- Meadows First School500 m away
- The Orchards School900 m away
- Lickey End First School1.5 km away
- North Bromsgrove High School1.0 km away
- South Bromsgrove High2.1 km away
- Waseley Hills High School5.7 km away
More reading links
Public Transport Nearby
The closest station to B61 8LY is Bromsgrove station, which is 2.6 kilometres away.
- Bromsgrove|2.6 km away
- Barnt Green|5.2 km away
- Alvechurch|6.5 km away
- Longbridge|8.0 km away