House prices in Bromsgrove have gone down by an average of over £7,000 in the month of April, according to figures from the Land Registry.
The latest data from the government department reveals that in April 2022 average house prices in Bromsgrove reached £331,255.
This was down from £339,123 in March, representing a 2.3 per cent decrease. In the last 12 months it has risen by 8.1 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Bromsgrove here.
How much have house prices decreased in Bromsgrove?
Breaking it down for specific types of housing, all prices saw a decrease.
- Detached houses - Down to £500,581 from £512,058 in March
- Semi-detached houses - Down to £300,364 from £307,750 in March
- Terraced houses - Down to £245,709 from £251,209 in March
- Flats - Down to £148,693 from £152,944 in March
How do Bromsgrove house prices compare to the UK average?
Despite the fall in prices this month, Bromsgrove is still above the UK average with a typical property value in the nations reaching £281,161 in April.
In cash terms, the average house price in April was £31,575 higher than a year earlier with house price growth accelerating to 12.4 per cent in April 2022. Prices were up by 1.1 per cent month on month.
How much could your house be worth?
We have created this map for the West Midlands so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Bromsgrove are the most expensive for average house prices.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here