B71 3HP is a residential postcode situated on Walsall Road, West Bromwich, B71 with 17 addresses.
It ranks as the 715th largest and 166th most expensive of the 1,372 postcodes in the B71 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 17 flats.
B71 3HP is a residential postcode situated on Walsall Road, West Bromwich, B71 with 17 addresses.
It ranks as the 715th largest and 166th most expensive of the 1,372 postcodes in the B71 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 17 flats.
Sale prices range from £84,282 for 1 bedroom leasehold flats (398 ft2) to £130,493 for 3 bedroom leasehold flats (796 ft2) .
Monthly rental prices range from £520 pcm for 1 bed flats to £688 pcm for 3 bed flats.
The gross rental yield is between 6.3% and 7.4%.
The average value per square foot is £165.
The last sale in B71 3HP sold for £175,000 on 3rd November 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £97,519.
The B71 3HP Sales Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £97,519 |
| April 2025 | 3.1% | £97,972 |
| April 2024 | 2.5% | £95,057 |
| April 2023 | 2.6% | £92,710 |
| April 2022 | 9.3% | £90,340 |
| April 2021 | 6.3% | £82,643 |
| April 2020 | 5.6% | £77,762 |
| April 2019 | 3% | £73,649 |
| April 2018 | 5.8% | £71,529 |
| April 2017 | 2.7% | £67,599 |
| April 2016 | 5% | £65,803 |
| April 2015 | 4.3% | £62,666 |
| April 2014 | 1.3% | £60,068 |
| April 2013 | 0.9% | £59,323 |
| April 2012 | -0.4% | £58,820 |
| April 2011 | -4.5% | £59,071 |
| April 2010 | 1% | £61,884 |
| April 2009 | -13.3% | £61,266 |
| April 2008 | -0.6% | £70,635 |
| April 2007 | 0% | £71,027 |
The current average rental value in the postcode is £586.
The B71 3HP Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £586pcm |
| April 2025 | 6.2% | £578pcm |
| April 2024 | 12.7% | £544pcm |
| April 2023 | 7.6% | £483pcm |
| April 2022 | 3.6% | £449pcm |
| April 2021 | 6.1% | £433pcm |
| April 2020 | 3.3% | £408pcm |
| April 2019 | 0.4% | £395pcm |
| April 2018 | 1.3% | £394pcm |
| April 2017 | 0.8% | £388pcm |
| April 2016 | 1.4% | £385pcm |
| April 2015 | 2.5% | £380pcm |
| April 2014 | 1.1% | £371pcm |
| April 2013 | -0.4% | £367pcm |
| April 2012 | 0.3% | £368pcm |
| April 2011 | 1.4% | £367pcm |
| April 2010 | -0.6% | £362pcm |
| April 2009 | -4.5% | £364pcm |
| April 2008 | 2.1% | £382pcm |
| April 2007 | 0% | £374pcm |
The last sale was on 3rd November 2021 for £175,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
B71 3HP has seen no sales in the last three years and no sales in the last twelve months.
B71 3HP is the 715th largest and the 166th most expensive postcode out of the 1,372 postcodes in the B71 area.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around B71 3HP, 48.2% of property is privately owned outright and 27.4% 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 3HP, 17.1% of residents are recorded as possessing school level qualifications and 26.6% 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 3HP, the average age was 41.2 and the most common age was 47.
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 3HP, 0.6% 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 3HP, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.