47 Steel Avenue

    47, STEEL AVENUE, WEST BROMWICH, B70 0FN

    This flat/maisonette leasehold property on Steel Avenue last sold in December 2021 for £129,000. Based on price growth in the B70 district since then, its estimated current value is £95,930 — placing it in the 3rd percentile nationally and the 5th percentile within B70. The property covers 58 m² (624 sq ft), giving an estimated value of £1,654 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £129,000

    Dec 2021

    Estimated Valuation

    £95,930

    Est. £/m²

    £1,654/m²

    £154/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area58 m² (624 sq ft)
    EPC dateJan 2022
    WallsAverage thermal transmittance 0.26 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Dec 2021

    New build

    £129,000

    Key Metrics

    Estimated valuation£95,930
    Value per m² / sq ft£1,654/m² (£154/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B70 district percentile5th percentile
    National percentile3rd percentile

    District Context — B70

    B70 covers Oldbury and surrounding areas in the Black Country, in the industrial heart of the West Midlands. It is a traditionally working-class neighbourhood with strong manufacturing heritage and a mix of older residential stock.

    Average Property Price - B70

    £201,641

    13

    National percentile

    Average Net Household Income - B70

    £29,956

    7

    National percentile

    10-Year Annualised Price Growth - B70

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B70

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