House prices in Bromsgrove have soared by an average of over £9,000 in the month of September, according to figures from the Land Registry.
The latest data from the government department reveals that in September 2022 average house prices in Bromsgrove reached £359,932.
This was up from £350,902 in July, representing a 1.0 per cent increase. In the last 12 months it has risen by 12.2 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 increased in Bromsgrove?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £540,281 from £526,790 in July
- Semi-detached houses - Up to £328,226 from £319,291 in July
- Terraced houses - Up to £269,306 from £262,287 in July
- Flats - Up to £159,755 from £157,752 in July
How do Bromsgrove house prices compare to the UK average?
Even when comparing Bromsgrove to the picture across the UK, the area is above the UK average with a typical property value in the nations reaching £294,559 in September.
In cash terms, the average house price in September was £25,556 higher than a year earlier with house price growth accelerating to 9.5 per cent in September 2022. Prices were down by -0.0 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.
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