78 Pennyhill Lane

    78, PENNYHILL LANE, WEST BROMWICH, B71 3RY

    This terraced freehold property on Pennyhill Lane last sold in March 2016 for £222,000. Based on price growth in the B71 district since then, its estimated current value is £381,801 — placing it in the 65th percentile nationally and the 92nd percentile within B71. The property covers 107 m² (1,152 sq ft), giving an estimated value of £3,568 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    107 m²

    (1,152 sq ft)

    Last Sale Price

    £222,000

    Mar 2016

    Estimated Valuation

    £381,801

    Est. £/m²

    £3,568/m²

    £331/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area107 m² (1,152 sq ft)
    EPC dateSept 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2016

    £222,000

    27 Aug 2004

    £237,995

    Key Metrics

    Estimated valuation£381,801
    Value per m² / sq ft£3,568/m² (£331/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile92nd percentile
    National percentile65th 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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