5, MILL CLOSE, BROMSGROVE, B60 3PF - £167,000

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.

5 MILL CLOSE is a detached house, which could now be worth an estimated £285,161. It was last sold for £167,000 in October 2006, which was around 45% below the average October 2006 detached price in the Bromsgrove local authority area.

5 MILL CLOSE Sold Prices

Land registry data shows three sales for 5 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 5 MILL CLOSE sales were for below 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
2006 9 OCT	£167,000	£305,591	45% below HPI
2003 8 JUL	£135,000	£243,756	45% below HPI
2001 12 JAN	£87,000	£165,474	47% below HPI

What might 5 MILL CLOSE be worth now?

5 MILL CLOSE might now be worth an estimated £285,161.

This is based on house price inflation of 70.8%, between October 2006 and April 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 70.8% inflationary increase is applied to the most recent sale price for 5 MILL CLOSE of £167,000 on 9th October 2006. For the value to have increased from £167,000 to £285,161 over the twenty years and six months to April 2026, the following assumptions must hold true:

• The value of 5 MILL CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The October 2006 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL CLOSE has not materially changed since October 2006.

Where is 5 MILL CLOSE?

5 MILL CLOSE is located in BROMSGROVE, in the B60 postcode district.