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According to the public record, 40, Forge Avenue, Bromsgrove is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Forge Avenue, Bromsgrove is £91,908 and the estimated rental value is £575 per month.
Forge Avenue, Bromsgrove, B60 is located in the borough of Bromsgrove within the B60 postal district.
40, Forge Avenue, Bromsgrove has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 40, Forge Avenue, Bromsgrove is in very good condition we estimate a sale value of £96,503 and a rental value of £604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,474 and a rental value of £535 per month.
Over the last 12 months the sale value of 40 Forge Avenue Bromsgrove has increased by an estimated £1,040 (1.1%) and its rental value has increased by an estimated £17 per month (2.9%), giving an expected gross yield of 7.5%.
40, Forge Avenue, Bromsgrove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Forge Avenue, Bromsgrove was last sold on 5th December 2016 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2016, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Forge Avenue, Bromsgrove within a radius of 700 metres over the last 2 years.
The most recent example is 44, Forge Avenue, Bromsgrove, B60 3GG, a leasehold flat which sold for £95,000 on the 23rd August 2024.
Read more about house prices in B60.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Avenue, Bromsgrove, B60 has a total of 48 addresses. According to our analysis of all the public data, 40, Forge Avenue, Bromsgrove is the 43rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in B60.
The closest station to 40, Forge Avenue, Bromsgrove is Bromsgrove station which is 300 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Forge Avenue, Bromsgrove, 37.0% of property is privately owned with a mortgage and 33.6% is privately rented.
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 40, Forge Avenue, Bromsgrove, 21.6% of residents are recorded as possessing school level qualifications and 34.8% 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 40, Forge Avenue, Bromsgrove, the average age was 38.3 and the most common age was 32.
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 40, Forge Avenue, Bromsgrove, 0.0% 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 40, Forge Avenue, Bromsgrove, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
