Detached 2 sales on record

7 GRIMPITS LANE

BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY

£360,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Longdales Rd / Edgewood Rd 0.2 miles
Shop Kasda Daily Store 0.5 miles
Train station Kings Norton 1.6 miles
University University of Birmingham School of Dentistry 4.1 miles
Hospital Bromsgove Private Hospital 5.3 miles

Property details

Tenure

Freehold

Property type

Detached

Floor area

117 m²

EPC rating

E

Year built

England and Wales: 1996-2002

Last sold

£360,000 Jan 2026

Price per m²

£3,077/m²

Local average

£416,667 (3 sales)

Street crime

116 incidents within 1 mile (Mar 2026)

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 06/09/2024

Current heating cost: £1,725/year

Potential heating cost: £1,495/year

Est. upgrade cost to C: £34,725

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)
  • Wind turbine (£15,000 - £25,000)

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 22/01/2026 £360,000 Detached +403.5% £353,559 to February 2026 View transaction
Sold 05/02/1999 £71,500 Detached £269,626 to February 2026 View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
1 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY £750,000 17/11/2023 Detached

Area average: £750,000 (1 sale)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 42%
10y growth -18.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Bromsgrove. Series: Detached. As of February 2026.

1y (index) -0.8%
5y (index) 14.6%
10y (index) 42%

Rental Range

Estimated market rent for Bromsgrove. Low = conservative, Realistic = average, Optimistic = best case.

Low £881/mo
Realistic £979/mo
Optimistic £1,077/mo

Based on Local Authority from postcode lookup → Bromsgrove.

LHA (30th percentile) floor for Birmingham: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
Studio Flat, Willmore Grove, B38 £690/mo 1 0.31 miles OpenRent
2 Bed Semi-Detached House, Reedmace Close, B38 £1,250/mo 2 0.37 miles OpenRent
3 Bed Semi-Detached House, Primrose Hill, B38 £1,300/mo 3 0.65 miles OpenRent
Studio Flat, Dornie Drive, B38 £130/mo 1 0.65 miles OpenRent
2 Bed Semi-Detached House, Green Lane, B38 £1,300/mo 2 0.7 miles OpenRent
2 Bed Semi-Detached House, Bicentennial Road, B38 £1,350/mo 2 0.71 miles OpenRent
2 Bed Terraced House, Halladale, B38 £860/mo 2 0.73 miles OpenRent
3 Bed Semi-Detached House, Centurion Road, B38 £1,500/mo 3 0.76 miles OpenRent
2 Bed Maisonette, Redditch Road, B38 £800/mo 2 1 miles OpenRent
1 Bed Flat, Glenavon House, B38 £825/mo 1 1.02 miles OpenRent
2 Bed Flat, Glenavon House, B38 £1,000/mo 2 1.02 miles OpenRent
3 Bed Semi-Detached House, Chelworth Road, B38 £1,395/mo 3 1.05 miles OpenRent
3 Bed Semi-Detached House, Grange Farm Drive, B38 £1,295/mo 3 1.09 miles OpenRent

Average rent: £1,053/mo (13 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.35%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 4.2%
Cost-to-rent ratio 24×
Monthly cashflow £-318/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 62
Public order 11
Criminal damage and arson 10
Anti-social behaviour 8
Other theft 7
Vehicle crime 5
Possession of weapons 4
Shoplifting 4
Other crime 3
Burglary 1
Robbery 1
Total incidents 116

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Ark Kings Academy Other 0.5 miles Good — 25 Apr 2024
Hawkesley Church Primary Academy Primary 0.6 miles Good — 18 Nov 2021
St Paul's Catholic Primary School Primary 0.6 miles Good — 13 Jan 2022
New Ways School Other 1.0 miles Outstanding — 15 May 2023
Kings Norton Junior and Infant School Primary 1.2 miles Inadequate — 2 Dec 2021

FENSA

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