# 7 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY

## Property details

- Slug: `e1029e9` (address key hash: `e1029e9082456fc3d0a1b6aaf3dcb1dcef53aa19`)
- Postcode: B38 9EY
- Transactions on record: 2

- 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: 103 incidents within 1 mile (Apr 2026)

## Latest sale

- Price: £360,000
- Date: 2026-01-22
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 05/09/2034
- **Current heating cost:** £1,725/year
- **Est. upgrade cost to C:** £34,725

### Recommendations
- A (£100 - £350)
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)
- V2 (£15,000 - £25,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7220-0016-0515-6100-1413)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-22 | £360,000 | Detached | +403.5% | £354,945 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-9db8-591c-e063-4704a8c00c31) |
| Sold | 1999-02-05 | £71,500 | Detached | — | £268,261 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/bf548000-0db4-4904-ad08-9aaadd7a5734) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY | £360,000 | 22/01/2026 | Detached |
| 7 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY | £71,500 | 05/02/1999 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

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

**Area average:** £750,000 (1 sale)

## Capital growth trend

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

- **5y growth:** 14.3%
- **10y growth:** 33.7%

## House Price Index (HM Land Registry)

*Official index for Bromsgrove; Detached series; as of March 2026.*

- **1y growth (index):** -0.9%
- **5y growth (index):** 15.9%
- **10y growth (index):** 41.4%

## Rental Range

*ONS Price Index of Private Rents (Bromsgrove). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £881/mo
- **Realistic:** £979/mo
- **Optimistic:** £1,077/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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 |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Primrose Hill, B38 | £1,300/mo | 3 | 0.65 miles | OpenRent |
| 1 Bed Flat, Glenavon House, B38 | £825/mo | 1 | 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: £1,204/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £162,250
- **Target investor price (1%):** £129,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,298/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.1×
- **Monthly cashflow:** £-275/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 49 |
| Criminal damage and arson | 14 |
| Vehicle crime | 8 |
| Anti-social behaviour | 6 |
| Public order | 6 |
| Other theft | 5 |
| Burglary | 3 |
| Drugs | 3 |
| Possession of weapons | 3 |
| Theft from the person | 3 |
| Robbery | 2 |
| Other crime | 1 |
| **Total incidents** | **103** |

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

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| 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 |