8 Pennyhill Lane

    8, PENNYHILL LANE, WEST BROMWICH, B71 3RW

    This semi-detached freehold property on Pennyhill Lane last sold in January 2023 for £385,000. Based on price growth in the B71 district since then, its estimated current value is £393,338 — placing it in the 66th percentile nationally and the 93rd percentile within B71. The property covers 102 m² (1,098 sq ft), giving an estimated value of £3,856 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    102 m²

    (1,098 sq ft)

    Last Sale Price

    £385,000

    Jan 2023

    Estimated Valuation

    £393,338

    Est. £/m²

    £3,856/m²

    £358/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area102 m² (1,098 sq ft)
    EPC dateJul 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jan 2023

    £385,000

    24 Sept 2012

    £165,000

    Key Metrics

    Estimated valuation£393,338
    Value per m² / sq ft£3,856/m² (£358/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile93rd percentile
    National percentile66th 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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