61, Braces Lane
61, Braces Lane
Description & Estimates
61, Braces Lane, Bromsgrove is recorded publicly as an early-century freehold house across 1,087 ft2 of internal area, sitting on a 383 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 61, Braces Lane, Bromsgrove is £330,214 and its rental estimate is £1,547 per month, given the available information and assuming reasonable condition.
Braces Lane, Marlbrook, Bromsgrove, B60 falls within the B60 postal district, in the borough of Bromsgrove.
Our Data Sources
61, Braces Lane, Bromsgrove has 2 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated January 2016.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 61, Braces Lane, Bromsgrove, we estimate a market value of £346,725 and a rental value of £1,625 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £307,099 and £1,439 per month respectively.
Recent Market Change
Over the last year, 61, Braces Lane, Bromsgrove has seen its estimated sale value move up by £5,839 (1.8%) and its estimated rental value increase by £80 per month (5.2%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 61, Braces Lane, Bromsgrove as measuring 383 m2.
That makes it the 12th largest plot in the postcode, where 13 of the 15 other houses have recorded plot data.
Energy Efficiency
61, Braces Lane, Bromsgrove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 61, Braces Lane, Bromsgrove completed on 4th July 2014 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 63.2% over the period since July 2014.
- Sold Jul 2014£185,000
- Sold Aug 2010£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, Braces Lane, Bromsgrove have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 14, Redland Close, Bromsgrove, B60 1DZ, a freehold house which sold for £315,000.
Read more about house prices in B60.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 70 addresses on Braces Lane, Marlbrook, Bromsgrove, B60, 61, Braces Lane, Bromsgrove comes out as the 36th largest and the 62nd most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the B60 district.
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Schools Nearby
- 1.2kmCatshill First School
- 1.6kmLickey End First School
- 1.8kmLickey Hills Primary School and Nursery
- 2.9kmWaseley Hills High School
- 3.3kmNorth Bromsgrove High School
- 4.2kmColmers School and Sixth Form College
More reading links
Public Transport Nearby
From 61, Braces Lane, Bromsgrove, the nearest station is Barnt Green, 3.3 kilometres away.
- 3.3kmBarnt Green
- 4.8kmBromsgrove
- 5.2kmLongbridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
