Chestnut Road - B61 8LZ
Key Postcode Insights
B61 8LZ is a residential postcode situated on Chestnut Road, Bromsgrove, B61 with 17 addresses.
It ranks as the 430th largest and 198th most expensive of the 700 postcodes in the B61 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £268,884
- 10 Year change
- up 54.5%
- Ave. Rental Price
- £1,331pcm
- 10 Year change
- up 64.9%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
B61 8LZ is a residential postcode situated on Chestnut Road, Bromsgrove, B61 with 17 addresses.
It ranks as the 430th largest and 198th most expensive of the 700 postcodes in the B61 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £268,884
- 10 Year change
- up 54.5%
- Ave. Rental Price
- £1,331pcm
- 10 Year change
- up 64.9%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin B61 8LZ
- 18 Chestnut Road
3 Bed Mid-century House
- 20 Chestnut Road
3 Bed Mid-century House
- 22 Chestnut Road
3 Bed Mid-century House
- 24 Chestnut Road
3 Bed Mid-century House
- 26 Chestnut Road
3 Bed Mid-century House
Sales Market Trends
The last sale in B61 8LZ sold for £270,000 on 17th May 2024. Since then prices are up an average of 7.9%.
The current average value in the postcode is £268,884.
The B61 8LZ Sales Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £268,884 |
| June 2025 | 5.6% | £263,666 |
| June 2024 | -1.6% | £249,621 |
| June 2023 | 1.7% | £253,553 |
| June 2022 | 9.5% | £249,365 |
| June 2021 | 6.4% | £227,695 |
| June 2020 | 3.8% | £214,077 |
| June 2019 | 4% | £206,250 |
| June 2018 | 4.9% | £198,359 |
| June 2017 | 8.6% | £189,127 |
| June 2016 | 6.2% | £174,080 |
| June 2015 | 5% | £163,901 |
| June 2014 | 6.9% | £156,131 |
| June 2013 | 1.7% | £146,072 |
| June 2012 | 1.5% | £143,609 |
| June 2011 | -1.4% | £141,490 |
| June 2010 | 1.9% | £143,475 |
| June 2009 | -7.6% | £140,803 |
| June 2008 | -2.2% | £152,371 |
| June 2007 | 0% | £155,727 |
Rental Market Trends
The current average rental value in the postcode is £1,331.
The B61 8LZ Rental Market has increased by 64.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,331pcm |
| June 2025 | 6.8% | £1,274pcm |
| June 2024 | 6.1% | £1,193pcm |
| June 2023 | 8.4% | £1,124pcm |
| June 2022 | 9% | £1,037pcm |
| June 2021 | 7.9% | £951pcm |
| June 2020 | 1.8% | £882pcm |
| June 2019 | 2.2% | £866pcm |
| June 2018 | 2.1% | £848pcm |
| June 2017 | 2.9% | £830pcm |
| June 2016 | 3.5% | £807pcm |
| June 2015 | 3.4% | £780pcm |
| June 2014 | 3.7% | £754pcm |
| June 2013 | -0.8% | £728pcm |
| June 2012 | 1.5% | £734pcm |
| June 2011 | 1.7% | £722pcm |
| June 2010 | 3.1% | £710pcm |
| June 2009 | -5.5% | £689pcm |
| June 2008 | 2.9% | £728pcm |
| June 2007 | 0% | £708pcm |
Sales History
The last sale was on 17th May 2024 for £270,000 and since then the market in the area has increased by 7.9%. The postcode has had a total of 14 sales since 1995.
B61 8LZ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£270,000 | 3 Bed House22, Chestnut Road, Bromsgrove, B61 8LZ22, Chestnut Road, Bromsgrove, B61 8LZ
- Sold Apr 2024£180,000 | 4 Bed House43, Chestnut Road, Bromsgrove, B61 8LZ43, Chestnut Road, Bromsgrove, B61 8LZ
- Sold Feb 2020£3,000 | 3 Bed House30, Chestnut Road, Bromsgrove, B61 8LZ30, Chestnut Road, Bromsgrove, B61 8LZ
- Sold Jun 2019£200,000 | 3 Bed House22, Chestnut Road, Bromsgrove, B61 8LZ22, Chestnut Road, Bromsgrove, B61 8LZ
- Sold Jun 2016£160,000 | 3 Bed House22, Chestnut Road, Bromsgrove, B61 8LZ22, Chestnut Road, Bromsgrove, B61 8LZ
Nearby Postcodes
B61 8LZ is the 430th largest and the 198th most expensive postcode out of the 700 postcodes in the B61 area.
- B61 8NA, Beech Road, Bromsgrove, B61B61 8NA6 Addresses|64 m away
- B61 8LX, Lime Grove, Bromsgrove, B61B61 8LX27 Addresses|83 m away
- B61 8LY, Chestnut Road, Bromsgrove, B61B61 8LY13 Addresses|86 m away
- B61 8HY, Bewell Head, Bromsgrove, B61B61 8HY51 Addresses|97 m away
- B61 8HW, Bewell Gardens, Bromsgrove, B61B61 8HW3 Addresses|115 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 4 other addresses of unknown type
- mid-century house (11)
- house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (5)
- No EPC (6)
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 School400 m away
- The Orchards School1.0 km away
- Lickey End First School1.4 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 8LZ is Bromsgrove station, which is 2.5 kilometres away.
- Bromsgrove|2.5 km away
- Barnt Green|5.1 km away
- Alvechurch|6.4 km away
- Longbridge|8.0 km away
