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69, Pennine Road, Bromsgrove is recorded publicly as a mid-century leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 69, Pennine Road, Bromsgrove is £98,685 and its rental estimate is £644 per month, given the available information and assuming reasonable condition.
Pennine Road, Bromsgrove, B61 falls within the B61 postal district, in the borough of Bromsgrove.
69, Pennine Road, Bromsgrove has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 69, Pennine Road, Bromsgrove, we estimate a market value of £103,620 and a rental value of £676 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £91,777 and £599 per month respectively.
Over the last year, 69, Pennine Road, Bromsgrove has seen its estimated sale value drop by £486 (0.5%) and its estimated rental value rise by £19 per month (2.9%). This results in an estimated gross rental yield of 7.8%.
69, Pennine Road, Bromsgrove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 69, Pennine Road, Bromsgrove completed on 11th August 2023 at £90,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.5% over the period since August 2023.
Over the past 2 years 3 properties similar to 69, Pennine Road, Bromsgrove have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2016, was 51, Pennine Road, Bromsgrove, B61 0TA, a leasehold flat which sold for £74,500.
Read more about house prices in B61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 194 addresses on Pennine Road, Bromsgrove, B61, 69, Pennine Road, Bromsgrove comes out as the 173rd largest and the 174th most expensive in our analysis of the public data.
It is also £224k less expensive than the average property across the B61 district.
From 69, Pennine Road, Bromsgrove, the nearest station is Bromsgrove, 2.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 69, Pennine Road, Bromsgrove, 41.6% of property is privately owned with a mortgage and 40.2% 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 69, Pennine Road, Bromsgrove, 14.6% of residents are recorded as possessing school level qualifications and 36.6% 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 69, Pennine 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 69, Pennine 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 69, Pennine Road, Bromsgrove, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.