Property Prices on Parkwood Road, B61 - Full Market Breakdown

Discover how sales volume and prices compare for Parkwood Road in the B61 district in Bromsgrove and nearby areas.

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Associated Postcodes:

B61 8UA, B61 8UG

What are fair prices for homes on Parkwood Road?

Estimated Property Value
£1,010,305
7.5/10
↗ 5.2%
2,763 sq/ft
Select a property type to see average size for this road
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Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
📍
This District
£690,000
🏙️
All of Coventry
View the city-wide average
£485,000
📊
Select a comparison above to see how Leaf Lane performs

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House Prices   >   Bromsgrove  >   B61  >  Parkwood Road

Market Beat of This Road

The Pricing Breakdown for Parkwood Road

  • Since 2021, Parkwood Road has seen 6 transactions, with properties fetching an average of £241,000. The average size stands at 589 square feet, resulting in £282 per square foot.
  • Parkwood Road houses have sold for amounts ranging from £200,000 to £305,000, with square footage pricing fluctuating between £227 and £378.
  • The latest house story on Parkwood Road was written in November 2023.
Property Values vs the Vicinity

Parkwood Road Property Prices vs Surrounding Areas

By Sector

B61 8

Price-conscious buyers love B61 8: 8% cheaper than Parkwood Road on average. (£221,600 vs £241,000) From a cost perspective, choosing Parkwood Road may mean paying around £19,400 more for an equivalent home.

By District

i.e. B61

Want to call B61 home? Great - if you don't mind paying 7% more than you would on Parkwood Road. (£256,700 vs £241,000). The price gap indicates that an equivalent property on Parkwood Road could come with a lower cost of around £15,800 compared to homes elsewhere in the same district.

By City or Town

i.e. Bromsgrove

Compared to Parkwood Road, Bromsgrove's average property prices are 13% greater. (£271,000 vs £241,000). As a result, purchasing in Bromsgrove rather than Parkwood Road might require an additional investment of £30,300.

Quick Notes on the Road

More Relevant Information on Parkwood Road

  • With 82 registered properties, this road spans 2 postal boundaries.
  • There are currently no new-build homes available on Parkwood Road.
  • As things stand, Parkwood Road properties average 71 (C), with room to grow to 81 (B).
  • Property size averages show that homes on Parkwood Road are more generously proportioned than those across Bromsgrove, with an average of 589 square feet.
  • Homes on this street sell around every 14 months, making it a faster-moving market than most roads in B61, which average 8.59 months.
Street and Sector Snapshots

What Buyers Should Know About Bromsgrove

How fast is too fast when it comes to selling in Bromsgrove? Where is too much still not enough? These reads tackle tricky questions without overcomplicating things.
Also, our property prices page and local blog complement each other—facts and figures in one, analysis and advice in the other.
Local Gems Worth a Visit

B61 at a Glance

If B61 has piqued your interest, the fresh figures below may reinforce that instinct.
295
No. of Roads
2,955
No. of Transactions
£300K
Avg. Property Price
1,037
per sq/ft
Avg. Property Size
£265
per sq/ft
Avg. Cost Per Sq/Ft
Roads to Look Into

Roads You Might Fancy

Popular Roads in B61

B61 Roads with Similar Prices

Roads Near Parkwood Road

Parkwood Road, B61, Bromsgrove

Data You Can Trust

Our data isn’t just collected, it’s cleansed. We filter and refine until each figure reflects local nuance and actual market shifts. Discover the engine behind the numbers

  1. Bromsgrove District Council
  2. ONS (Bromsgrove)
  3. UK Government EPC Register (Parkwood Road Bromsgrove)
  4. CheckMyPostcode.uk B61 8UA
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