2 Chestnut Road

    2, CHESTNUT ROAD, BROMSGROVE, B61 8LT

    This terraced freehold property on Chestnut Road last sold in May 2018 for £120,000. Based on price growth in the B61 district since then, its estimated current value is £152,072 — placing it in the 13th percentile nationally and the 6th percentile within B61. The property covers 105 m² (1,130 sq ft), giving an estimated value of £1,448 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    105 m²

    (1,130 sq ft)

    Last Sale Price

    £120,000

    May 2018

    Estimated Valuation

    £152,072

    Est. £/m²

    £1,448/m²

    £135/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area105 m² (1,130 sq ft)
    EPC dateApr 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2018

    £120,000

    8 Aug 2007

    £155,000

    Key Metrics

    Estimated valuation£152,072
    Value per m² / sq ft£1,448/m² (£135/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B61 district percentile6th percentile
    National percentile13th 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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