3 New Road

    3, NEW ROAD, WEST BROMWICH, B70 9BQ

    This terraced freehold property on New Road last sold in October 2022 for £260,000. Based on price growth in the B70 district since then, its estimated current value is £301,890 — placing it in the 50th percentile nationally and the 91st percentile within B70. The property covers 104 m² (1,119 sq ft), giving an estimated value of £2,903 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    104 m²

    (1,119 sq ft)

    Last Sale Price

    £260,000

    Oct 2022

    Estimated Valuation

    £301,890

    Est. £/m²

    £2,903/m²

    £270/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area104 m² (1,119 sq ft)
    EPC dateMay 2017
    WallsAverage thermal transmittance 0.31 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Oct 2022

    £260,000

    2 Jun 2017

    £176,000

    Key Metrics

    Estimated valuation£301,890
    Value per m² / sq ft£2,903/m² (£270/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B70 district percentile91st percentile
    National percentile50th 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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