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The Flats is a residential street with 78 addresses.
It ranks as the 325th largest and 91st most expensive of the 358 streets in the B61 area.
The street contains a total of 78 properties: 78 flats.
The Flats is a residential street with 78 addresses.
It ranks as the 325th largest and 91st most expensive of the 358 streets in the B61 area.
The street contains a total of 78 properties: 78 flats.
Sale prices range from £101,570 for 1 bedroom Leasehold flats (376 ft2) to £603,135 for 3 bedroom Leasehold flats with a garden (1,269 ft2) .
Monthly rental prices range from £617 pcm for 1 bed flats to £2,674 pcm for 3 bed flats.
The gross rental yield is between 5.2% and 7.3%.
The average value per square foot is £500.
The last sale on The Flats sold for £415,000 on 11th July 2023. Since then prices are up an average of 3.0%.
The current average value in the street is £291,830.
The The Flats Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £291,830 |
| May 2025 | 4.1% | £292,263 |
| May 2024 | -0.4% | £280,626 |
| May 2023 | 0.2% | £281,675 |
| May 2022 | 5.5% | £281,044 |
| May 2021 | 3.6% | £266,472 |
| May 2020 | 4% | £257,300 |
| May 2019 | 2.2% | £247,424 |
| May 2018 | 3.8% | £242,084 |
| May 2017 | 4.9% | £233,117 |
| May 2016 | 4.6% | £222,229 |
| May 2015 | 4.2% | £212,513 |
| May 2014 | 6% | £204,031 |
| May 2013 | 1% | £192,409 |
| May 2012 | -0.6% | £190,496 |
| May 2011 | -1.4% | £191,723 |
| May 2010 | 1.4% | £194,465 |
| May 2009 | -9.2% | £191,688 |
| May 2008 | -1.6% | £211,028 |
| May 2007 | 0% | £214,534 |
The current average rental value in the street is £1,379.
The The Flats Rental Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £1,379pcm |
| May 2025 | 6.2% | £1,336pcm |
| May 2024 | 7% | £1,257pcm |
| May 2023 | 6.5% | £1,175pcm |
| May 2022 | 4.9% | £1,103pcm |
| May 2021 | 5% | £1,051pcm |
| May 2020 | 2.3% | £1,002pcm |
| May 2019 | -0.1% | £979pcm |
| May 2018 | 0.7% | £980pcm |
| May 2017 | -0.6% | £973pcm |
| May 2016 | 1.8% | £979pcm |
| May 2015 | 3.1% | £961pcm |
| May 2014 | 2.6% | £932pcm |
| May 2013 | -1.9% | £909pcm |
| May 2012 | 0.1% | £926pcm |
| May 2011 | 1.7% | £925pcm |
| May 2010 | 2.4% | £910pcm |
| May 2009 | -5.4% | £889pcm |
| May 2008 | 1.8% | £940pcm |
| May 2007 | 0% | £923pcm |
The last sale was on 11th July 2023 for £415,000 and since then the market in the area has increased by 3.0%. The street has had a total of 57 sales since 1995.
The Flats, Bromsgrove, B61 has seen 1 sale in the last three years and no sales in the last twelve months.
The Flats, Bromsgrove, B61 is the 325th largest and the 91st most expensive street in the B61 area.
There are 3 postcodes on The Flats, Bromsgrove, B61.
The closest station to The Flats, Bromsgrove, B61 is Bromsgrove station which is 2.2 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Flats, Bromsgrove, B61, 42.5% of property is privately owned outright and 30.8% is privately owned with a mortgage.
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 Flats, Bromsgrove, B61, 12.9% of residents are recorded as possessing school level qualifications and 30.1% 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 Flats, Bromsgrove, B61, the average age was 41.1 and the most common age was 52.
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 Flats, Bromsgrove, B61, 0.8% 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 Flats, Bromsgrove, B61, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.