8 Reed Mace Drive

    8, REED MACE DRIVE, BROMSGROVE, B61 0UJ

    This detached freehold property on Reed Mace Drive last sold in October 2016 for £475,000. Based on price growth in the B61 district since then, its estimated current value is £692,869 — placing it in the 90th percentile nationally and the 96th percentile within B61. The property covers 245 m² (2,637 sq ft), giving an estimated value of £2,828 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    245 m²

    (2,637 sq ft)

    Last Sale Price

    £475,000

    Oct 2016

    Estimated Valuation

    £692,869

    Est. £/m²

    £2,828/m²

    £263/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area245 m² (2,637 sq ft)
    EPC dateNov 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Oct 2016

    £475,000

    27 Sept 2002

    New build

    £318,500

    Key Metrics

    Estimated valuation£692,869
    Value per m² / sq ft£2,828/m² (£263/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B61 district percentile96th percentile
    National percentile90th 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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