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House Prices in B60 House Prices in B60 (Bromsgrove)

The average house price in B60 (Bromsgrove) is £278,750 using HM Land Registry data.

The average property price increased by £50,720 (36.89%) over the last 5 years and increased by £10,162 (5.18%) over the last 12 months.

Over the last year, there were 269 residential property sales – a decrease of 113 transactions (-42.01%) relative to the previous year. The majority of house sales (61) were in the £228,000 - £306,000 range. Then came properties in the £306,000 - £384,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,749 (-2%).

In Dec 24, there were 20 new estate agency instructions, 42 agreed home sales and 14 property price reductions.

Nearby Postcodes: , B31, B32, B38, B45, B47, B48, B49, B61, B62, B80, B94, B96, B97, B98, DY10, DY11, DY13, DY9, WR2, WR3, WR4, WR5, WR6, WR7, WR9, WR99

5-Year Average Property Prices in B60 (Bromsgrove)

36.89%

Property prices in Bromsgrove increased by 36.89% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B60 (Bromsgrove) Over the Last Year

5.18%

Property prices in Bromsgrove increased by 5.18% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for B60 (Bromsgrove) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B60 (Bromsgrove)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B60 (Bromsgrove)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B60 (Bromsgrove)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B60 (Bromsgrove) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B60 postcode area since 1995.

Recent Sales in B60 (Bromsgrove)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Tutnall Grange, Tutnall, Bromsgrove, Worcestershire, B60 1NN£800,000£790,000-£10,00004 Mar 202418 Nov 2024259 Days
53 Royal Worcester Crescent, Bromsgrove, Worcestershire, B60 2TJ£330,000£330,000£0027 Jun 202408 Nov 2024134 Days
46 Housman Park, Bromsgrove, Worcestershire, B60 1AZ£80,000£80,000£0025 May 202401 Nov 2024160 Days
11 Penshurst Road, Bromsgrove, Worcestershire, B60 2SL£435,000£430,000-£5,00030 Jan 202431 Oct 2024275 Days
6 Connaught Road, Bromsgrove, Worcestershire, B60 2SH£475,000£455,000-£20,00020 Jun 202429 Oct 2024131 Days
24 Braces Lane, Marlbrook, Bromsgrove, Worcestershire, B60 1DY£450,000£445,000-£5,00014 Apr 202429 Oct 2024198 Days
114 Scaife Road, Aston Fields, Bromsgrove, Worcestershire, B60 3SB£285,000£282,500-£2,50007 May 202425 Oct 2024171 Days
44 Long Meadow Road, Lickey End, Bromsgrove, Worcestershire, B60 1GD£230,000£223,000-£7,00020 Jun 202425 Oct 2024127 Days
79 Stratford Road, Bromsgrove, Worcestershire, B60 1AS£600,000£575,000-£25,00009 Jul 202422 Oct 2024105 Days
31 Marlbrook Lane, Marlbrook, Bromsgrove, Worcestershire, B60 1HP£460,000£452,000-£8,00026 Apr 202421 Oct 2024178 Days
Flat 11, Brook Court, Burcot Lane, Bromsgrove, Worcestershire, B60 1AD£120,000£113,000-£7,00016 Jun 202317 Oct 2024489 Days
51 New Road, Bromsgrove, Worcestershire, B60 2JU£570,000£565,000-£5,00014 May 202411 Oct 2024150 Days
2 Orchard Crescent, Stoke Prior, Bromsgrove, Worcestershire, B60 4DR£390,000£360,000-£30,00011 Jun 202411 Oct 2024122 Days
24 Belvoir Road, Bromsgrove, Worcestershire, B60 2SJ£260,000£258,000-£2,00021 Jun 202411 Oct 2024112 Days
51 Meadowvale Road, Lickey End, Bromsgrove, Worcestershire, B60 1JY£475,000£475,000£0021 Jun 202411 Oct 2024112 Days
7 Astley Road, Bromsgrove, Worcestershire, B60 2RS£325,000£324,000-£1,00006 Nov 202313 Aug 2024281 Days
10 Fircroft Close, Stoke Heath, Bromsgrove, Worcestershire, B60 4NQ£495,000£490,000-£5,00016 Jan 202412 Aug 2024209 Days
41 Manor Court Road, Bromsgrove, Worcestershire, B60 3NW£450,000£430,000-£20,00028 Mar 202409 Aug 2024134 Days
11 Catherine Close, Bromsgrove, Worcestershire, B60 3HU£246,000£240,000-£6,00019 Feb 202409 Aug 2024172 Days
16 Burcot Avenue, Bromsgrove, Worcestershire, B60 1AG£280,000£270,000-£10,00009 Jan 202405 Aug 2024209 Days

Most Expensive Streets in B60 (Bromsgrove)

PostcodeStreetAreaAverageNo. of Sales
B60 1GYFerndale Gate, BlackwellBromsgrove£924,1663
B60 1BPLinthurst Newtown, BlackwellBromsgrove£784,1005
B60 1BNSt Catherines Road, BlackwellBromsgrove£749,0009
B60 1NXOld Birmingham RoadBromsgrove£748,3333
B60 1RBLord Austin Drive, MarlbrookBromsgrove£730,62512
B60 4HGWoodgate Road, Stoke PriorBromsgrove£700,0003
B60 2NFCollege RoadBromsgrove£688,7504
B60 3SNPlatform RoadBromsgrove£655,96113
B60 1NUOld Birmingham Road, MarlbrookBromsgrove£614,1663
B60 2RPCeleste RoadBromsgrove£613,3333

Least Expensive Streets in B60 (Bromsgrove)

PostcodeStreetAreaAverageNo. of Sales
B60 1AQBurcot House, Burcot LaneBromsgrove£83,0003
B60 3JZGilbert RoadBromsgrove£85,7504
B60 2DANailers Court, Ednall LaneBromsgrove£97,60424
B60 2JDNew RoadBromsgrove£100,7504
B60 1AZHousman ParkBromsgrove£103,52927
B60 2LXElms Court, New RoadBromsgrove£107,4874
B60 2DBElgar Mews, Ednall LaneBromsgrove£108,6059
B60 3GYField View House, Railway WalkBromsgrove£133,9005
B60 3GSGarden Court, Design CloseBromsgrove£133,94512
B60 4ESCoriander Close, Stoke PriorBromsgrove£134,1833

Explore B60 (Bromsgrove) using map

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