40 Parkes Street

    40, PARKES STREET, SMETHWICK, B67 6AZ

    This terraced freehold property on Parkes Street last sold in August 2021 for £92,500. Based on price growth in the B67 district since then, its estimated current value is £105,508 — placing it in the 5th percentile nationally and the 2nd percentile within B67. The property covers 77 m² (829 sq ft), giving an estimated value of £1,370 per m². The EPC rating is E, with a potential rating of C.

    See wider trends for Parkes Street

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £92,500

    Aug 2021

    Estimated Valuation

    £105,508

    Est. £/sq ft

    £127/sq ft

    £1,370/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateMay 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Aug 2021

    £92,500

    19 Oct 2011

    £75,000

    Key Metrics

    Estimated valuation£105,508
    Value per sq ft / m²£127/sq ft (£1,370/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B67 district percentile2nd percentile
    National percentile5th percentile

    District Context — B67

    See wider trends for B67

    B67 covers Wednesbury and surrounding areas in the West Midlands, located between Birmingham and Wolverhampton. It is a working-class neighbourhood with strong industrial heritage, offering affordable housing and genuine community roots.

    Average Property Price - B67

    £214,855

    17

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - B67

    £33,837

    24

    National percentile

    2023 census data

    10-Year Annualised Price Growth - B67

    4.2%

    82

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - B

    4.4%

    78

    National percentile

    Estimate at 31 Jul 2026

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