B71 1LU is a residential postcode situated on Ruskin Street, West Bromwich, B71 with 18 addresses.
It ranks as the 749th largest and 530th most expensive of the 1,372 postcodes in the B71 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
B71 1LU is a residential postcode situated on Ruskin Street, West Bromwich, B71 with 18 addresses.
It ranks as the 749th largest and 530th most expensive of the 1,372 postcodes in the B71 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
Sale prices range from £189,964 for 3 bedroom freehold houses with a garden (839 ft2) to £220,622 for 4 bedroom freehold houses with a garden (1,173 ft2) .
Monthly rental prices range from £1,180 pcm for 3 bed houses to £1,243 pcm for 4 bed houses.
The gross rental yield is between 6.8% and 7.5%.
The average value per square foot is £208.
The last sale in B71 1LU sold for £200,000 on 25th March 2022. Since then prices are up an average of 12.9%.
The current average value in the postcode is £204,405.
The B71 1LU Sales Market has increased by 69.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £204,405 |
| April 2025 | 2.6% | £203,694 |
| April 2024 | 2.1% | £198,560 |
| April 2023 | 4.9% | £194,383 |
| April 2022 | 12.1% | £185,254 |
| April 2021 | 8.4% | £165,270 |
| April 2020 | 4.4% | £152,494 |
| April 2019 | 5.7% | £146,109 |
| April 2018 | 7.5% | £138,205 |
| April 2017 | 6.5% | £128,565 |
| April 2016 | 6.8% | £120,769 |
| April 2015 | 5.5% | £113,040 |
| April 2014 | 1% | £107,157 |
| April 2013 | 2.8% | £106,072 |
| April 2012 | 1.1% | £103,145 |
| April 2011 | -3.6% | £102,063 |
| April 2010 | 1.3% | £105,845 |
| April 2009 | -10.8% | £104,461 |
| April 2008 | 0.7% | £117,130 |
| April 2007 | 0% | £116,316 |
The current average rental value in the postcode is £1,209.
The B71 1LU Rental Market has increased by 72.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,209pcm |
| April 2025 | 5.8% | £1,183pcm |
| April 2024 | 12.2% | £1,117pcm |
| April 2023 | 9.9% | £996pcm |
| April 2022 | 6.1% | £906pcm |
| April 2021 | 8.3% | £854pcm |
| April 2020 | 2.2% | £789pcm |
| April 2019 | 2.9% | £771pcm |
| April 2018 | 2.6% | £750pcm |
| April 2017 | 4.5% | £731pcm |
| April 2016 | 2.7% | £699pcm |
| April 2015 | 3% | £681pcm |
| April 2014 | 1.8% | £661pcm |
| April 2013 | 1.5% | £650pcm |
| April 2012 | 1.9% | £640pcm |
| April 2011 | 2% | £628pcm |
| April 2010 | 0.4% | £616pcm |
| April 2009 | -2.4% | £613pcm |
| April 2008 | 3.5% | £628pcm |
| April 2007 | 0% | £607pcm |
The last sale was on 25th March 2022 for £200,000 and since then the market in the area has increased by 12.9%. The postcode has had a total of 10 sales since 1995.
B71 1LU has seen no sales in the last three years and no sales in the last twelve months.
B71 1LU is the 749th largest and the 530th most expensive postcode out of the 1,372 postcodes in the B71 area.
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The closest station to B71 1LU is Sandwell & Dudley station which is 2.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around B71 1LU, 37.8% of property is socially rented and 28.4% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around B71 1LU, 29.7% of residents are recorded as possessing school level qualifications and 15.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around B71 1LU, the average age was 38.8 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around B71 1LU, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around B71 1LU, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.