According to the public record, 2 Snakes Lake Cottage, Bromsgrove is a period freehold house and with 893 ft2 of internal area and sits on a 1,526 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fockbury Mill Lane, Dodford, Bromsgrove, B61 is located in the borough of Bromsgrove within the B61 postal district.
2 Snakes Lake Cottage, Bromsgrove has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Snakes Lake Cottage Bromsgrove as £445,380 and the rental value as £1,607 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Snakes Lake Cottage Bromsgrove has increased by £6,956 (1.6%) and its rental value has increased by £25 per month (1.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Snakes Lake Cottage, Bromsgrove is in very good condition we estimate a sale value of £467,649 and rental value of £1,687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,204 and a rental value of £1,494 per month.
If you were able to purchase this property for the estimated value of £445,380, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,189 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2 Snakes Lake Cottage, Bromsgrove sits on a plot of 1526m2.
According to HM Land Registry, 2 Snakes Lake Cottage, Bromsgrove was last sold on 25 Mar 2021 for £412,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Snakes Lake Cottage, Bromsgrove within a radius of 1.3km over the last 2 years.
The most recent example is Maltsers Cottage, Perryfields Road, Bromsgrove, B61 8QW, a Freehold house which sold for £457,500 in Jul 2023.
Read more about house prices in B61.
Fockbury Mill Lane, Dodford, Bromsgrove, B61 has a total of 11 addresses. According to our analysis of all the public data, 2 Snakes Lake Cottage, Bromsgrove is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in B61.
2 Snakes Lake Cottage, Bromsgrove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 2 Snakes Lake Cottage, Bromsgrove is Bromsgrove station which is 3.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Snakes Lake Cottage, Bromsgrove, 55.4% of property is privately owned outright and 36.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Snakes Lake Cottage, Bromsgrove, 16.9% of residents are recorded as possessing school level qualifications and 43.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Snakes Lake Cottage, Bromsgrove, the average age was 47.3 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Snakes Lake Cottage, Bromsgrove, 2.2% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Snakes Lake Cottage, Bromsgrove, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.