Parkwood Road - B61 8UA
Key Postcode Insights
B61 8UA is a residential postcode situated on Parkwood Road, Bromsgrove, B61 with 44 addresses.
It ranks as the 659th largest and 226th most expensive of the 700 postcodes in the B61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £264,044
- 10 Year change
- up 50.2%
- Ave. Rental Price
- £1,242pcm
- 10 Year change
- up 60.6%
- Ave. £ per ft²
- £370/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
B61 8UA is a residential postcode situated on Parkwood Road, Bromsgrove, B61 with 44 addresses.
It ranks as the 659th largest and 226th most expensive of the 700 postcodes in the B61 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 44 properties: 44 houses.
- Ave. Sale Price
- £264,044
- 10 Year change
- up 50.2%
- Ave. Rental Price
- £1,242pcm
- 10 Year change
- up 60.6%
- Ave. £ per ft²
- £370/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin B61 8UA
- 1A Parkwood Road
3 Bed Modern House
- 1 Parkwood Road
3 Bed House
- 2 Parkwood Road
Unknown
- 3 Parkwood Road
Unknown
- 4 Parkwood Road
3 Bed Modern House
Sales Market Trends
The last sale in B61 8UA sold for £305,000 on 1st November 2023. Since then prices are up an average of 6.3%.
The current average value in the postcode is £264,044.
The B61 8UA Sales Market has increased by 50.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £264,044 |
| June 2025 | 4.9% | £259,919 |
| June 2024 | -1.6% | £247,676 |
| June 2023 | 1.8% | £251,800 |
| June 2022 | 9.2% | £247,326 |
| June 2021 | 6.5% | £226,491 |
| June 2020 | 3.5% | £212,689 |
| June 2019 | 3.3% | £205,559 |
| June 2018 | 4.6% | £198,920 |
| June 2017 | 8.2% | £190,202 |
| June 2016 | 6.7% | £175,781 |
| June 2015 | 5.3% | £164,776 |
| June 2014 | 6.6% | £156,517 |
| June 2013 | 1.3% | £146,836 |
| June 2012 | 1.3% | £144,887 |
| June 2011 | -0.6% | £143,059 |
| June 2010 | 3.5% | £143,862 |
| June 2009 | -7.4% | £138,993 |
| June 2008 | -2.2% | £150,144 |
| June 2007 | 0% | £153,529 |
Rental Market Trends
The current average rental value in the postcode is £1,242.
The B61 8UA Rental Market has increased by 60.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,242pcm |
| June 2025 | 6.7% | £1,192pcm |
| June 2024 | 6.4% | £1,117pcm |
| June 2023 | 8.2% | £1,050pcm |
| June 2022 | 8.5% | £970pcm |
| June 2021 | 6.7% | £894pcm |
| June 2020 | 1.8% | £838pcm |
| June 2019 | 1.4% | £823pcm |
| June 2018 | 2.2% | £811pcm |
| June 2017 | 2.7% | £794pcm |
| June 2016 | 3.7% | £773pcm |
| June 2015 | 3.2% | £746pcm |
| June 2014 | 3.7% | £723pcm |
| June 2013 | -0.5% | £697pcm |
| June 2012 | 1.9% | £701pcm |
| June 2011 | 2.1% | £688pcm |
| June 2010 | 4.1% | £674pcm |
| June 2009 | -4.9% | £647pcm |
| June 2008 | 2.5% | £680pcm |
| June 2007 | 0% | £664pcm |
Sales History
The last sale was on 1st November 2023 for £305,000 and since then the market in the area has increased by 6.3%. The postcode has had a total of 43 sales since 1995.
B61 8UA has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2023£305,000 | 3 Bed House45, Parkwood Road, Bromsgrove, B61 8UA45, Parkwood Road, Bromsgrove, B61 8UA
- Sold Oct 2023£240,000 | 2 Bed House26, Parkwood Road, Bromsgrove, B61 8UA26, Parkwood Road, Bromsgrove, B61 8UA
- Sold Oct 2022£265,000 | 3 Bed House32, Parkwood Road, Bromsgrove, B61 8UA32, Parkwood Road, Bromsgrove, B61 8UA
- Sold Apr 2019£232,000 | 3 Bed House1A, Parkwood Road, Bromsgrove, B61 8UA1A, Parkwood Road, Bromsgrove, B61 8UA
- Sold Jun 2018£200,000 | 3 Bed House46, Parkwood Road, Bromsgrove, B61 8UA46, Parkwood Road, Bromsgrove, B61 8UA
Nearby Postcodes
B61 8UA is the 659th largest and the 226th most expensive postcode out of the 700 postcodes in the B61 area.
- B61 8QJ, Greenacres Road, Bromsgrove, B61B61 8QJ13 Addresses|47 m away
- B61 8UG, Parkwood Road, Bromsgrove, B61B61 8UG35 Addresses|49 m away
- B61 8PJ, Crabtree Lane, Bromsgrove, B61B61 8PJ3 Addresses|97 m away
- B61 8PR, Malcolm Avenue, Bromsgrove, B61B61 8PR7 Addresses|111 m away
- B61 8UB, Fallowfields Close, Bromsgrove, B61B61 8UB36 Addresses|116 m away
Property Types
- 27 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 12 other addresses of unknown type
- modern house (27)
- mid-century house (3)
- house (2)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (11)
- G (0)
- D (19)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Nov 2023£305,000 | 3 Bed House45, Parkwood Road, Bromsgrove, B61 8UA45, Parkwood Road, Bromsgrove, B61 8UA
- Sold Oct 2022£265,000 | 3 Bed House32, Parkwood Road, Bromsgrove, B61 8UA32, Parkwood Road, Bromsgrove, B61 8UA
- Sold Oct 2023£240,000 | 2 Bed House26, Parkwood Road, Bromsgrove, B61 8UA26, Parkwood Road, Bromsgrove, B61 8UA
Schools Nearby
- The Orchards School300 m away
- Meadows First School900 m away
- Millfields First School1.4 km away
- North Bromsgrove High School1.4 km away
- South Bromsgrove High1.7 km away
- Waseley Hills High School6.3 km away
More reading links
Public Transport Nearby
The closest station to B61 8UA is Bromsgrove station, which is 2.5 kilometres away.
- Bromsgrove|2.5 km away
- Barnt Green|5.9 km away
- Alvechurch|7.1 km away
- Longbridge|8.8 km away