8g Melrose Avenue

    8G, MELROSE AVENUE, WEST BROMWICH, B71 2LW

    This terraced freehold property on Melrose Avenue last sold in September 2021 for £170,000. Based on price growth in the B71 district since then, its estimated current value is £201,946 — placing it in the 25th percentile nationally and the 38th percentile within B71. The property covers 64 m² (689 sq ft), giving an estimated value of £3,155 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £170,000

    Sept 2021

    Estimated Valuation

    £201,946

    Est. £/m²

    £3,155/m²

    £293/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area64 m² (689 sq ft)
    EPC dateJul 2021
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Sept 2021

    £170,000

    Key Metrics

    Estimated valuation£201,946
    Value per m² / sq ft£3,155/m² (£293/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile38th percentile
    National percentile25th 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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