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According to the public record, 14, The Flats, Bromsgrove is a modern Leasehold apartment with 1,019 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, The Flats, Bromsgrove is £521,556 and the estimated rental value is £2,318 per month.
The Flats, Bromsgrove, B61 is located in the borough of Bromsgrove within the B61 postal district.
14, The Flats, Bromsgrove has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 14, The Flats, Bromsgrove is in very good condition we estimate a sale value of £547,633 and a rental value of £2,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,047 and a rental value of £2,156 per month.
Over the last 12 months the sale value of 14 The Flats Bromsgrove has increased by an estimated £4,682 (0.9%) and its rental value has increased by an estimated £58 per month (2.5%), giving an expected gross yield of 5.3%.
14, The Flats, Bromsgrove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 14, The Flats, Bromsgrove was last sold on 14th December 2012 for £172,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has dropped 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, The Flats, Bromsgrove within a radius of 540 metres over the last 2 years.
The most recent example is 43, The Flats, Bromsgrove, B61 8LB, a leasehold flat which sold for £275,000 on the 27th November 2020.
Read more about house prices in B61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Flats, Bromsgrove, B61 has a total of 77 addresses. According to our analysis of all the public data, 14, The Flats, Bromsgrove is the 34th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in B61.
The closest station to 14, The Flats, Bromsgrove is Bromsgrove station which is 2.2 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 14, The Flats, Bromsgrove, 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 14, The Flats, Bromsgrove, 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 14, The Flats, Bromsgrove, 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 14, The Flats, Bromsgrove, 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 14, The Flats, Bromsgrove, 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.
