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By comparing it to neighbours, we estimate that it is a mid-century house with 1,307 ft2 of internal area and sits on a 315 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Derwent Way, Bromsgrove is £405,342 and the estimated rental value is £1,710 per month.
Derwent Way, Bromsgrove, B60 is located in the borough of Bromsgrove within the B60 postal district.
8, Derwent Way, Bromsgrove has a single entry in the Land Registry from November 2024 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 3 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 8, Derwent Way, Bromsgrove is in very good condition we estimate a sale value of £425,609 and a rental value of £1,795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,968 and a rental value of £1,590 per month.
Over the last 12 months the sale value of 8 Derwent Way Bromsgrove has increased by an estimated £5,216 (1.3%) and its rental value has increased by an estimated £52 per month (3.0%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 8, Derwent Way, Bromsgrove sits on a plot of 315m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, Derwent Way, Bromsgrove sits on the 2nd largest plot.
According to HM Land Registry, 8, Derwent Way, Bromsgrove was last sold on 29th November 2024 for £377,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Derwent Way, Bromsgrove within a radius of 610 metres over the last 2 years.
The most recent example is 67, Fordhouse Road, Bromsgrove, B60 2LU, a freehold house which sold for £395,000 on the 30th May 2024.
Read more about house prices in B60.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Way, Bromsgrove, B60 has a total of 10 addresses. According to our analysis of all the public data, 8, Derwent Way, Bromsgrove is the largest and the most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in B60.
The closest station to 8, Derwent Way, Bromsgrove is Bromsgrove station which is 800 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Derwent Way, Bromsgrove, 64.1% of property is privately owned outright and 31.6% 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 8, Derwent Way, Bromsgrove, 16.2% of residents are recorded as possessing school level qualifications and 35.4% 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 8, Derwent Way, Bromsgrove, the average age was 41.7 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 8, Derwent Way, Bromsgrove, 0.7% 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 8, Derwent Way, 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.