4 Reed Mace Drive

    4, REED MACE DRIVE, BROMSGROVE, B61 0UJ

    This detached freehold property on Reed Mace Drive last sold in July 2015 for £395,000. Based on price growth in the B61 district since then, its estimated current value is £557,771 — placing it in the 83rd percentile nationally and the 92nd percentile within B61. The property covers 117 m² (1,259 sq ft), giving an estimated value of £4,767 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    117 m²

    (1,259 sq ft)

    Last Sale Price

    £395,000

    Jul 2015

    Estimated Valuation

    £557,771

    Est. £/m²

    £4,767/m²

    £443/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area117 m² (1,259 sq ft)
    EPC dateJun 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2015

    £395,000

    6 Dec 2002

    New build

    £249,000

    Key Metrics

    Estimated valuation£557,771
    Value per m² / sq ft£4,767/m² (£443/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B61 district percentile92nd percentile
    National percentile83rd percentile

    District Context — B61

    B61 covers areas in the West Midlands, positioned between Birmingham and Worcestershire. It is a mixed suburban and semi-rural district with a balance of established residential communities and newer developments.

    Average Property Price - B61

    £319,831

    48

    National percentile

    Average Net Household Income - B61

    £39,272

    55

    National percentile

    10-Year Annualised Price Growth - B61

    4.0%

    66

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B61

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