2, CHERRY CRESCENT, BROMSGROVE, B61 7JX - £350,000

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.

2 CHERRY CRESCENT is a small detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £411,474. It was last sold for £350,000 in August 2019, which was around 20% below the average August 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

2 CHERRY CRESCENT Sold Prices

Land registry data shows one sale for 2 CHERRY CRESCENT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 AUG	£350,000	£439,083	20% below HPI

What might 2 CHERRY CRESCENT be worth now?

2 CHERRY CRESCENT might now be worth an estimated £411,474.

This is based on house price inflation of 17.6%, between August 2019 and May 2026, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 2 CHERRY CRESCENT of £350,000 on 29th August 2019. For the value to have increased from £350,000 to £411,474 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 2 CHERRY CRESCENT has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The August 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY CRESCENT has not materially changed since August 2019.

How Large is 2 CHERRY CRESCENT?

2 CHERRY CRESCENT is 107m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 2 CHERRY CRESCENT lies on this distribution: 33% of detached houses are smaller than 2 CHERRY CRESCENT, and 66% of detached houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 CHERRY CRESCENT: Plot

2 CHERRY CRESCENT sits on a plot of roughly 0.136 of an acre, or 549m².

Where is 2 CHERRY CRESCENT?

2 CHERRY CRESCENT is located in BROMSGROVE, in the B61 postcode district.