Apartment 2 Ridgeacre House Shropshire Way

    APARTMENT 2 RIDGEACRE HOUSE, SHROPSHIRE WAY, WEST BROMWICH, B71 1BZ

    This flat/maisonette leasehold property on Shropshire Way last sold in March 2016 for £91,000. Based on price growth in the B71 district since then, its estimated current value is £102,043 — placing it in the 4th percentile nationally and the 8th percentile within B71. The property covers 60 m² (646 sq ft), giving an estimated value of £1,701 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £91,000

    Mar 2016

    Estimated Valuation

    £102,043

    Est. £/m²

    £1,701/m²

    £158/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area60 m² (646 sq ft)
    EPC dateOct 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Mar 2016

    £91,000

    23 Mar 2007

    New build

    £118,745

    Key Metrics

    Estimated valuation£102,043
    Value per m² / sq ft£1,701/m² (£158/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile8th percentile
    National percentile4th percentile

    District Context — B71

    B71 covers Wednesbury and surrounding areas in the West Midlands, situated between Birmingham and Wolverhampton. It is a working-class neighbourhood with a mix of terraced housing, light industry, and local services.

    Average Property Price - B71

    £232,287

    22

    National percentile

    Average Net Household Income - B71

    £31,873

    13

    National percentile

    10-Year Annualised Price Growth - B71

    5.9%

    96

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B71

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