House prices in B61 8 (Bromsgrove)

This article reveals price per square metre data and various charts to help you understand current housing market in Bromsgrove (B61 8).


Defining 'B61 8'

This analysis is limited to properties whose postcode starts with "B61 8", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Bromsgrove.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Bromsgrove is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 51, York Road, Bromsgrove, sold for £350,000 on Feb-2024. Given the internal area of 99 square metres, the price per sqm is £3,535.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 128 sales in Bromsgrove (B61 8) that took place in the last two years.

Distribution of £ per sqm for Bromsgrove
Distribution of £ per sqm house prices in Bromsgrove

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Bromsgrove (B61 8). Of the 128 transactions, half were sold for between £2,620 and £3,510 per square metre. The median, or 'middle', price per square metre in 'B61 8' is £3,140. Notably, only 25% of properties that sold recently were valued at more than £3,510 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bromsgrove

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Bromsgrove. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Bromsgrove
House price heatmap for Bromsgrove

Comparison with neighbouring postcode sectors

The table below shows how 'B61 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B61 0 Catshill £2,660 sqm £3,200 sqm £3,660 sqm
B61 7 Bromsgrove £2,790 sqm £3,150 sqm £3,660 sqm
B61 8 Bromsgrove £2,620 sqm £3,140 sqm £3,510 sqm
B61 9 Catshill £3,050 sqm £3,570 sqm £4,300 sqm

Will Bromsgrove house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for B61 8 (Bromsgrove) compared with both the wider area B61 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Bromsgrove,Bromsgrove
House price trends for Bromsgrove

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent B61 8 sales
Recent trends for Bromsgrove

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Bromsgrove to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Bromsgrove and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Recreation Road, Bromsgrove, B61 8D 69 sqm £3,406 21
Willow Road, Bromsgrove, B61 8P 89 sqm £2,749 16
Broad Street, Bromsgrove, B61 8L 86 sqm £2,766 14
Bewell Head, Bromsgrove, B61 8H 62 sqm £3,337 13
Churchfields Close, Bromsgrove, B61 8E 79 sqm £2,972 12
Churchfields Road, Bromsgrove, B61 8E 80 sqm £2,996 12
King George Close, Bromsgrove, B61 8S 85 sqm £2,717 12
Santridge Lane, Bromsgrove, B61 8J 84 sqm £2,972 11

Search for your street here.

Raw data

Our analysis of Bromsgrove is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
51, York Rd, Bromsgrove £350,000
Feb-2024
99 3,535
15, Lynden Close, Bromsgrove £342,000
Jan-2024
114 3,000
3, Perryfields Crescent, Bromsgrove £250,000
Jan-2024
64 3,906

See the entire list of all sales in Bromsgrove (B61 8) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.