16 Mercer Close

    16, MERCER CLOSE, BROMSGROVE, B61 7LQ

    This detached freehold property on Mercer Close last sold in December 2017 for £407,000. Based on price growth in the B61 district since then, its estimated current value is £526,377 — placing it in the 81st percentile nationally and the 89th percentile within B61. The property covers 146 m² (1,572 sq ft), giving an estimated value of £3,605 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    146 m²

    (1,572 sq ft)

    Last Sale Price

    £407,000

    Dec 2017

    Estimated Valuation

    £526,377

    Est. £/m²

    £3,605/m²

    £335/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area146 m² (1,572 sq ft)
    EPC dateJul 2017
    WallsAverage thermal transmittance 0.23 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2017

    New build

    £407,000

    Key Metrics

    Estimated valuation£526,377
    Value per m² / sq ft£3,605/m² (£335/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B61 district percentile89th percentile
    National percentile81st 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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