1 The Parade

    1, THE PARADE, WEST BROMWICH, B71 3NY

    This detached freehold property on The Parade last sold in November 2022 for £304,995. Based on price growth in the B71 district since then, its estimated current value is £355,588 — placing it in the 60th percentile nationally and the 89th percentile within B71. The property covers 91 m² (980 sq ft), giving an estimated value of £3,908 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £304,995

    Nov 2022

    Estimated Valuation

    £355,588

    Est. £/m²

    £3,908/m²

    £363/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area91 m² (980 sq ft)
    EPC dateOct 2022
    WallsAverage thermal transmittance 0.23 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2022

    New build

    £304,995

    Key Metrics

    Estimated valuation£355,588
    Value per m² / sq ft£3,908/m² (£363/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile89th percentile
    National percentile60th 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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