11 Melbourne Road

    11, MELBOURNE ROAD, BROMSGROVE, B61 8PE

    This terraced freehold property on Melbourne Road last sold in May 2019 for £130,000. Based on price growth in the B61 district since then, its estimated current value is £161,855 — placing it in the 15th percentile nationally and the 7th percentile within B61. The property covers 50 m² (538 sq ft), giving an estimated value of £3,237 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    50 m²

    (538 sq ft)

    Last Sale Price

    £130,000

    May 2019

    Estimated Valuation

    £161,855

    Est. £/m²

    £3,237/m²

    £301/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area50 m² (538 sq ft)
    EPC dateJul 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 May 2019

    £130,000

    7 Oct 2004

    £125,000

    21 Dec 2000

    £59,000

    8 Jan 1999

    £54,000

    Key Metrics

    Estimated valuation£161,855
    Value per m² / sq ft£3,237/m² (£301/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B61 district percentile7th percentile
    National percentile15th 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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