Elwell House, Shropshire Way - B71 1BJ
Key Building Insights
Elwell House, Shropshire Way is a residential building situated on Shropshire Way, West Bromwich, B71 with 2 addresses.
It ranks as the 171st largest and 262nd most expensive of the 382 buildings in the B71 area. The most common property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £121,057
- 10 Year change
- up 53.1%
- Ave. Rental Price
- £676pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Building Insights
Elwell House, Shropshire Way is a residential building situated on Shropshire Way, West Bromwich, B71 with 2 addresses.
It ranks as the 171st largest and 262nd most expensive of the 382 buildings in the B71 area. The most common property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £121,057
- 10 Year change
- up 53.1%
- Ave. Rental Price
- £676pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertieson Shropshire Way, West Bromwich, B71
Sales Market Trends
The last sale in Elwell House, Shropshire Way sold for £116,000 on 30th June 2023. Since then prices are up an average of 6.1%.
The current average value in the building is £121,057.
The Elwell House, Shropshire Way Sales Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £121,057 |
| June 2025 | 2.1% | £121,043 |
| June 2024 | 4% | £118,599 |
| June 2023 | 1.4% | £114,049 |
| June 2022 | 11% | £112,526 |
| June 2021 | 7.1% | £101,349 |
| June 2020 | 5.1% | £94,640 |
| June 2019 | 4.2% | £90,021 |
| June 2018 | 5.3% | £86,401 |
| June 2017 | 3.8% | £82,067 |
| June 2016 | 4.4% | £79,059 |
| June 2015 | 6.1% | £75,755 |
| June 2014 | -0.8% | £71,408 |
| June 2013 | 1.5% | £72,003 |
| June 2012 | -1.4% | £70,909 |
| June 2011 | -3.3% | £71,909 |
| June 2010 | 0.8% | £74,375 |
| June 2009 | -12.9% | £73,797 |
| June 2008 | -3.8% | £84,772 |
| June 2007 | 0% | £88,134 |
Rental Market Trends
The current average rental value in the building is £676.
The Elwell House, Shropshire Way Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £676pcm |
| June 2025 | 4.5% | £670pcm |
| June 2024 | 13.4% | £641pcm |
| June 2023 | 8.9% | £565pcm |
| June 2022 | 5% | £519pcm |
| June 2021 | 6.8% | £494pcm |
| June 2020 | 2.7% | £463pcm |
| June 2019 | 1.3% | £450pcm |
| June 2018 | 0.5% | £445pcm |
| June 2017 | 1.7% | £442pcm |
| June 2016 | 1.8% | £435pcm |
| June 2015 | 1.3% | £427pcm |
| June 2014 | 0.9% | £422pcm |
| June 2013 | 0% | £418pcm |
| June 2012 | -0.3% | £418pcm |
| June 2011 | 0.8% | £420pcm |
| June 2010 | 0.5% | £416pcm |
| June 2009 | -6.2% | £414pcm |
| June 2008 | 1.6% | £442pcm |
| June 2007 | 0% | £435pcm |
Sales History
The last sale was on 30th June 2023 for £116,000 and since then the market in the area has increased by 6.1%. The building has had a total of 4 sales since 1995.
Elwell House, Shropshire Way, West Bromwich, B71 1BJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£116,000 | 2 Bed FlatApartment 2, Elwell House, Shropshire Way, West Bromwich, B71 1BJApartment 2, Elwell House, Shropshire Way, West Bromwich, B71 1BJ
- Sold Jan 2020£68,000 | 2 Bed FlatApartment 1, Elwell House, Shropshire Way, West Bromwich, B71 1BJApartment 1, Elwell House, Shropshire Way, West Bromwich, B71 1BJ
- Sold Mar 2007£115,895 | 2 Bed FlatApartment 2, Elwell House, Shropshire Way, West Bromwich, B71 1BJApartment 2, Elwell House, Shropshire Way, West Bromwich, B71 1BJ
- Sold Jan 2007£98,600 | 2 Bed FlatApartment 1, Elwell House, Shropshire Way, West Bromwich, B71 1BJApartment 1, Elwell House, Shropshire Way, West Bromwich, B71 1BJ
Property Types
- 2 modern flats built after 1980
- modern flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2023£131,000 | 3 Bed FlatApartment 3, Ridgeacre House, Shropshire Way, West Bromwich, B71 1BZApartment 3, Ridgeacre House, Shropshire Way, West Bromwich, B71 1BZ
- Sold May 2024£125,000 | 2 Bed FlatApartment 1, Hobnail House, Shropshire Way, West Bromwich, B71 1BTApartment 1, Hobnail House, Shropshire Way, West Bromwich, B71 1BT
- Sold Mar 2007£124,995 | 2 Bed FlatApartment 4, Ridgeacre House, Shropshire Way, West Bromwich, B71 1BZApartment 4, Ridgeacre House, Shropshire Way, West Bromwich, B71 1BZ
Schools Nearby
- St John Bosco Catholic Primary School200 m away
- Hateley Heath Academy500 m away
- Moorlands Primary School600 m away
- The Phoenix Collegiate200 m away
- Wodensborough Ormiston Academy1.2 km away
- George Salter Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to Elwell House, Shropshire Way, West Bromwich, B71 1BJ is Tame Bridge Parkway station, which is 2.3 kilometres away.
- Tame Bridge Parkway|2.3 km away
- Bescot Stadium|2.8 km away
- Sandwell & Dudley|3.4 km away
- Dudley Port|3.7 km away