15, DESIGN CLOSE, BROMSGROVE, B60 3GU - £163,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 DESIGN CLOSE is a very large flat of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £204,941. It was last sold for £163,000 in March 2016, which was around 36% above the average March 2016 flat price in the Bromsgrove local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

15 DESIGN CLOSE Sold Prices

Land registry data shows two sales for 15 DESIGN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 15 DESIGN CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 16 MAR	£163,000	£120,048	36% above HPI
2007 4 MAY	£149,995	£121,145	24% above HPI

What might 15 DESIGN CLOSE be worth now?

15 DESIGN CLOSE might now be worth an estimated £204,941.

This is based on house price inflation of 25.7%, between March 2016 and May 2026, for flats, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.7% inflationary increase is applied to the most recent sale price for 15 DESIGN CLOSE of £163,000 on 16th March 2016. For the value to have increased from £163,000 to £204,941 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 15 DESIGN CLOSE has moved in line with the HPI for flats in the Bromsgrove local authority area.
• The March 2016 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 15 DESIGN CLOSE has not materially changed since March 2016.

How Large is 15 DESIGN CLOSE?

15 DESIGN CLOSE is 67m² according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of flats in Bromsgrove, based on EPC data. 80% of flats are smaller than 15 DESIGN CLOSE, and 18% of flats are larger. Note that EPC data is not available for all properties in Bromsgrove.

15 DESIGN CLOSE: Plot

15 DESIGN CLOSE sits on a plot of roughly 0.028 of an acre, or 113m².

Where is 15 DESIGN CLOSE?

15 DESIGN CLOSE is located in BROMSGROVE, in the B60 postcode district.