2 Mill Cottages Mill Lane

    2 MILL COTTAGES, MILL LANE, BROOM, ALCESTER, B50 4HR

    This detached freehold property on Mill Lane last sold in May 2012 for £377,000. Based on price growth in the B50 district since then, its estimated current value is £655,511 — placing it in the 88th percentile nationally and the 95th percentile within B50. The property covers 93 m² (1,001 sq ft), giving an estimated value of £7,049 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    93 m²

    (1,001 sq ft)

    Last Sale Price

    £377,000

    May 2012

    Estimated Valuation

    £655,511

    Est. £/m²

    £7,049/m²

    £655/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area93 m² (1,001 sq ft)
    EPC dateSept 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2012

    £377,000

    9 Dec 1996

    £121,500

    31 Oct 1995

    £109,000

    Key Metrics

    Estimated valuation£655,511
    Value per m² / sq ft£7,049/m² (£655/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B50 district percentile95th percentile
    National percentile88th percentile

    District Context — B50

    B50 covers south Birmingham, including neighbourhoods in and around the city's outer southern suburbs. The area is characterised by suburban residential communities with a mix of family housing and established neighbourhoods.

    Average Property Price - B50

    £363,878

    59

    National percentile

    Average Net Household Income - B50

    £41,887

    65

    National percentile

    10-Year Annualised Price Growth - B50

    3.9%

    63

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B50

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