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According to the public record, 61, Oldfield Road, Bromsgrove is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 701 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 61, Oldfield Road, Bromsgrove is £119,750 and the estimated rental value is £686 per month.
Oldfield Road, Bromsgrove, B61 is located in the borough of Bromsgrove within the B61 postal district.
61, Oldfield Road, Bromsgrove has 2 entries in the Land Registry , most recently in June 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 61, Oldfield Road, Bromsgrove is in very good condition we estimate a sale value of £125,738 and a rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,368 and a rental value of £638 per month.
Over the last 12 months the sale value of 61 Oldfield Road Bromsgrove has increased by an estimated £2,949 (2.5%) and its rental value has increased by an estimated £25 per month (3.7%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 61, Oldfield Road, Bromsgrove was last sold on 18th June 2019 for £116,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since June 2019, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 61, Oldfield Road, Bromsgrove within a radius of 680 metres over the last 2 years.
The most recent example is 20, Arlingham Avenue, Bromsgrove, B61 8AP, a leasehold house which sold for £120,000 on the 26th March 2021.
Read more about house prices in B61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oldfield Road, Bromsgrove, B61 has a total of 111 addresses. According to our analysis of all the public data, 61, Oldfield Road, Bromsgrove is the 64th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in B61.
The closest station to 61, Oldfield Road, Bromsgrove is Bromsgrove station which is 3.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Oldfield Road, Bromsgrove, 30.3% of property is privately owned with a mortgage and 28.0% is privately owned outright.
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 61, Oldfield Road, Bromsgrove, 21.1% of residents are recorded as possessing school level qualifications and 32.4% 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 61, Oldfield Road, 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 61, Oldfield Road, 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 61, Oldfield Road, 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.