2 Malvern Close

    2, MALVERN CLOSE, WEST BROMWICH, B71 1PP

    This detached freehold property on Malvern Close last sold in July 2015 for £205,000. Based on price growth in the B71 district since then, its estimated current value is £360,878 — placing it in the 61st percentile nationally and the 90th percentile within B71. The property covers 114 m² (1,227 sq ft), giving an estimated value of £3,166 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    114 m²

    (1,227 sq ft)

    Last Sale Price

    £205,000

    Jul 2015

    Estimated Valuation

    £360,878

    Est. £/m²

    £3,166/m²

    £294/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area114 m² (1,227 sq ft)
    EPC dateJun 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jul 2015

    £205,000

    Key Metrics

    Estimated valuation£360,878
    Value per m² / sq ft£3,166/m² (£294/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile90th percentile
    National percentile61st 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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