The Steps, Bromsgrove
The Steps, Bromsgrove
Description & Estimates
The Steps, Bromsgrove is recorded publicly as a period freehold house across 904 ft2 of internal area, sitting on a 1,023 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of The Steps, Bromsgrove is £515,413 and its rental estimate is £1,962 per month, given the available information and assuming reasonable condition.
Cockshutt Lane, Dodford, Bromsgrove, B61 falls within the B61 postal district, in the borough of Bromsgrove.
Our Data Sources
The Steps, Bromsgrove has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated September 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.
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 The Steps, Bromsgrove, we estimate a market value of £541,183 and a rental value of £2,060 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £479,334 and £1,824 per month respectively.
Recent Market Change
Over the last year, The Steps, Bromsgrove has seen its estimated sale value rise by £9,093 (1.8%) and its estimated rental value move up by £103 per month (5.3%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for The Steps, Bromsgrove as measuring 1,023 m2.
That makes it the 6th largest plot in the postcode, where 7 of the 8 other houses have recorded plot data.
Energy Efficiency
The Steps, Bromsgrove has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
The most recent sale of The Steps, Bromsgrove completed on 15th January 2021 at £395,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.8% over the period since January 2021.
- Sold Jan 2021£395,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Steps, Bromsgrove have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th July 2023, was 21, Fairfield Road, Bromsgrove, B61 9JW, a freehold house which sold for £412,500.
Read more about house prices in B61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Cockshutt Lane, Dodford, Bromsgrove, B61, The Steps, Bromsgrove comes out as the 8th largest and the 6th most expensive in our analysis of the public data.
It is also £193k more expensive than the average property across the B61 district.
More reading links
Schools Nearby
- 1.2kmThe Orchards School
- 1.4kmDodford First School
- 1.9kmCatshill First School
- 2.6kmNorth Bromsgrove High School
- 3.3kmSouth Bromsgrove High
- 5.4kmWaseley Hills High School
More reading links
Public Transport Nearby
From The Steps, Bromsgrove, the nearest station is Bromsgrove, 4.0 kilometres away.
- 4.0kmBromsgrove
- 6.1kmBarnt Green
- 7.7kmAlvechurch
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.
