Melbourne Road - B61 8PE
Key Postcode Insights
B61 8PE is a residential postcode situated on Melbourne Road, Bromsgrove, B61 with 33 addresses.
It ranks as the 606th largest and 114th 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 33 properties: 28 houses and 5 other properties.
- Ave. Sale Price
- £245,329
- 10 Year change
- up 44.7%
- Ave. Rental Price
- £1,123pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
B61 8PE is a residential postcode situated on Melbourne Road, Bromsgrove, B61 with 33 addresses.
It ranks as the 606th largest and 114th 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 33 properties: 28 houses and 5 other properties.
- Ave. Sale Price
- £245,329
- 10 Year change
- up 44.7%
- Ave. Rental Price
- £1,123pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Properties in B61 8PE
- 1A Melbourne Road
2 Bed Mid-century House
- 1 Melbourne Road
2 Bed Mid-century House
- 2A Melbourne Road
3 Bed Mid-century House
- 2 Melbourne Road
3 Bed Mid-century House
- 3 Melbourne Road
Building  |  2 Flats
Sales Market Trends
The last sale in B61 8PE sold for £260,000 on 4th November 2024. Since then prices are up an average of 4.9%.
The current average value in the postcode is £245,329.
The B61 8PE Sales Market has increased by 44.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £245,329 |
| June 2025 | 4.8% | £242,819 |
| June 2024 | -1.3% | £231,722 |
| June 2023 | 1.2% | £234,710 |
| June 2022 | 8.1% | £231,842 |
| June 2021 | 5.6% | £214,468 |
| June 2020 | 3.6% | £203,114 |
| June 2019 | 3% | £195,976 |
| June 2018 | 4.3% | £190,185 |
| June 2017 | 7.6% | £182,409 |
| June 2016 | 5.9% | £169,594 |
| June 2015 | 4.9% | £160,163 |
| June 2014 | 6.3% | £152,736 |
| June 2013 | 1.3% | £143,694 |
| June 2012 | 0.8% | £141,876 |
| June 2011 | -1.1% | £140,768 |
| June 2010 | 2.6% | £142,332 |
| June 2009 | -7.5% | £138,692 |
| June 2008 | -2.7% | £149,898 |
| June 2007 | 0% | £154,045 |
Rental Market Trends
The current average rental value in the postcode is £1,123.
The B61 8PE Rental Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,123pcm |
| June 2025 | 6.1% | £1,085pcm |
| June 2024 | 6.5% | £1,023pcm |
| June 2023 | 7.9% | £960pcm |
| June 2022 | 7.5% | £890pcm |
| June 2021 | 6.8% | £828pcm |
| June 2020 | 1.7% | £775pcm |
| June 2019 | 1.2% | £762pcm |
| June 2018 | 1.6% | £753pcm |
| June 2017 | 1.9% | £741pcm |
| June 2016 | 3.1% | £727pcm |
| June 2015 | 3.2% | £705pcm |
| June 2014 | 3.2% | £684pcm |
| June 2013 | -1.1% | £663pcm |
| June 2012 | 1% | £670pcm |
| June 2011 | 1.9% | £663pcm |
| June 2010 | 3.7% | £651pcm |
| June 2009 | -5.3% | £628pcm |
| June 2008 | 2.2% | £662pcm |
| June 2007 | 0% | £648pcm |
Sales History
The last recorded sale was on 4th November 2024 for £260,000 and since then the market in the area has increased by 4.9%.
B61 8PE has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Nov 2024£260,000 | 3 Bed House4A, Melbourne Road, Bromsgrove, B61 8PE4A, Melbourne Road, Bromsgrove, B61 8PE
- Sold Jan 2024£525,000 | 4 Bed House20, Melbourne Road, Bromsgrove, B61 8PE20, Melbourne Road, Bromsgrove, B61 8PE
- Sold Nov 2023£285,000 | 3 Bed House2, Melbourne Road, Bromsgrove, B61 8PE2, Melbourne Road, Bromsgrove, B61 8PE
Nearby Postcodes
B61 8PE is the 606th largest and the 114th most expensive postcode out of the 700 postcodes in the B61 area.
- B61 8PB, Sydney Road, Bromsgrove, B61B61 8PB20 Addresses|54 m away
- B61 8NP, Melbourne Close, Bromsgrove, B61B61 8NP3 Addresses|59 m away
- B61 8RX, York Close, Bromsgrove, B61B61 8RX17 Addresses|89 m away
- B61 8BE, Canberra Close, Bromsgrove, B61B61 8BE10 Addresses|106 m away
- B61 8PG, Junction Road, Bromsgrove, B61B61 8PG12 Addresses|124 m away
Property Types
- 1 period house built between 1800 and 1911
- 25 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 5 other addresses of unknown type
- period house (1)
- mid-century house (25)
- house (1)
- early-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 20 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (10)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Jan 2024£525,000 | 4 Bed House20, Melbourne Road, Bromsgrove, B61 8PE20, Melbourne Road, Bromsgrove, B61 8PE
- Sold May 2024£300,000 | 3 Bed House36, Melbourne Road, Bromsgrove, B61 8PF36, Melbourne Road, Bromsgrove, B61 8PF
- Sold Jun 2021£285,000 | 3 Bed House49, Melbourne Road, Bromsgrove, B61 8PF49, Melbourne Road, Bromsgrove, B61 8PF
Schools Nearby
- The Orchards School500 m away
- Meadows First School700 m away
- Millfields First School1.5 km away
- North Bromsgrove High School1.1 km away
- South Bromsgrove High1.8 km away
- Waseley Hills High School6.2 km away
More reading links
Public Transport Nearby
The closest station to B61 8PE is Bromsgrove station, which is 2.4 kilometres away.
- Bromsgrove|2.4 km away
- Barnt Green|5.6 km away
- Alvechurch|6.9 km away
- Longbridge|8.6 km away