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According to the public record, 5 The Beeches, Bromsgrove is a period leasehold apartment with 516 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 5 The Beeches, Bromsgrove is £145,080 and the estimated rental value is £755 per month.
The apartment is within The Beeches, Rectory Lane, Upton Warren, Bromsgrove, B61.
Rectory Lane, Upton Warren, Bromsgrove, B61 is located in the borough of Wychavon within the B61 postal district.
5 The Beeches, Bromsgrove has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5 The Beeches, Bromsgrove is in very good condition we estimate a sale value of £152,334 and a rental value of £793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,924 and a rental value of £702 per month.
Over the last 12 months the sale value of 5 The Beeches Bromsgrove has decreased by an estimated £714 (0.5%) and its rental value has increased by an estimated £22 per month (2.9%), giving an expected gross yield of 6.2%.
5 The Beeches, Bromsgrove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 5 The Beeches, Bromsgrove was last sold on 27th September 2021 for £153,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since September 2021, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5 The Beeches, Bromsgrove within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Flat 1, Oaklands Court 247, Worcester Road, Bromsgrove, B61 7JA, a leasehold flat which sold for £158,000 on the 18th June 2020.
Read more about house prices in B61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Lane, Upton Warren, Bromsgrove, B61 has a total of 23 addresses. According to our analysis of all the public data, 5 The Beeches, Bromsgrove is the 22nd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in B61.
The closest station to 5 The Beeches, Bromsgrove is Bromsgrove station which is 3.9 kilometres away.
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 5 The Beeches, Bromsgrove, 45.1% of property is privately owned outright and 40.9% 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 5 The Beeches, Bromsgrove, 15.1% of residents are recorded as possessing school level qualifications and 36.0% 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 5 The Beeches, Bromsgrove, the average age was 42.6 and the most common age was 57.
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 5 The Beeches, Bromsgrove, 2.2% 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 5 The Beeches, Bromsgrove, there are an average of 2.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.