Pennyhill Lane - B71 3RN
Key Postcode Insights
B71 3RN is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 6 addresses.
It ranks as the 241st largest and 1314th most expensive of the 1,372 postcodes in the B71 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £331,348
- 10 Year change
- up 65.7%
- Ave. Rental Price
- £1,561pcm
- 10 Year change
- up 68.2%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
B71 3RN is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 6 addresses.
It ranks as the 241st largest and 1314th most expensive of the 1,372 postcodes in the B71 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £331,348
- 10 Year change
- up 65.7%
- Ave. Rental Price
- £1,561pcm
- 10 Year change
- up 68.2%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin B71 3RN
- 1A Pennyhill Lane
Unknown
- 1 Pennyhill Lane
4 Bed Mid-century House
- 3 Pennyhill Lane
3 Bed Mid-century House
- 5 Pennyhill Lane
3 Bed Mid-century House
- 7 Pennyhill Lane
Unknown
Sales Market Trends
The last sale in B71 3RN sold for £290,000 on 30th June 2021. Since then prices are up an average of 19.5%.
The current average value in the postcode is £331,348.
The B71 3RN Sales Market has increased by 65.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £331,348 |
| June 2025 | 1.9% | £331,896 |
| June 2024 | 2.5% | £325,709 |
| June 2023 | 2.6% | £317,654 |
| June 2022 | 12.4% | £309,561 |
| June 2021 | 8.9% | £275,368 |
| June 2020 | 4.4% | £252,833 |
| June 2019 | 5.8% | £242,098 |
| June 2018 | 7.3% | £228,794 |
| June 2017 | 6.7% | £213,323 |
| June 2016 | 5.7% | £199,911 |
| June 2015 | 7% | £189,130 |
| June 2014 | 0.6% | £176,782 |
| June 2013 | 2.1% | £175,701 |
| June 2012 | -0.2% | £172,013 |
| June 2011 | -1.5% | £172,305 |
| June 2010 | 3.3% | £174,981 |
| June 2009 | -9.2% | £169,468 |
| June 2008 | -2.5% | £186,592 |
| June 2007 | 0% | £191,457 |
Rental Market Trends
The current average rental value in the postcode is £1,561.
The B71 3RN Rental Market has increased by 68.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £1,561pcm |
| June 2025 | 4.3% | £1,549pcm |
| June 2024 | 11.8% | £1,485pcm |
| June 2023 | 10.3% | £1,328pcm |
| June 2022 | 6.4% | £1,204pcm |
| June 2021 | 8.7% | £1,132pcm |
| June 2020 | 2% | £1,042pcm |
| June 2019 | 2.8% | £1,021pcm |
| June 2018 | 2.4% | £993pcm |
| June 2017 | 4.6% | £970pcm |
| June 2016 | 3.1% | £928pcm |
| June 2015 | 2.1% | £900pcm |
| June 2014 | 2.3% | £881pcm |
| June 2013 | 0.6% | £861pcm |
| June 2012 | 0.9% | £856pcm |
| June 2011 | 2.6% | £848pcm |
| June 2010 | 3% | £826pcm |
| June 2009 | -2.1% | £802pcm |
| June 2008 | 2.9% | £820pcm |
| June 2007 | 0% | £797pcm |
Sales History
The last sale was on 30th June 2021 for £290,000 and since then the market in the area has increased by 19.5%. The postcode has had a total of 5 sales since 1995.
B71 3RN has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2021£290,000 | 4 Bed House1, Pennyhill Lane, West Bromwich, B71 3RN1, Pennyhill Lane, West Bromwich, B71 3RN
- Sold Jun 2016£236,950 | 3 Bed House5, Pennyhill Lane, West Bromwich, B71 3RN5, Pennyhill Lane, West Bromwich, B71 3RN
- Sold Jul 2014£159,950 | 3 Bed House3, Pennyhill Lane, West Bromwich, B71 3RN3, Pennyhill Lane, West Bromwich, B71 3RN
- Sold Jul 2005£250,000 | 4 Bed House9, Pennyhill Lane, West Bromwich, B71 3RN9, Pennyhill Lane, West Bromwich, B71 3RN
- Sold Sep 1997£95,000 | 4 Bed House9, Pennyhill Lane, West Bromwich, B71 3RN9, Pennyhill Lane, West Bromwich, B71 3RN
Nearby Postcodes
B71 3RN is the 241st largest and the 1314th most expensive postcode out of the 1,372 postcodes in the B71 area.
- B71 3RW, Pennyhill Lane, West Bromwich, B71B71 3RW20 Addresses|74 m away
- B71 3RR, Hopkins Drive, West Bromwich, B71B71 3RR15 Addresses|84 m away
- B71 3BS, Hollyhedge Road, West Bromwich, B71B71 3BS17 Addresses|99 m away
- B71 3AE, Hollyhedge Road, West Bromwich, B71B71 3AE8 Addresses|108 m away
- B71 3BT, Hollyhedge Road, West Bromwich, B71B71 3BT12 Addresses|118 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jan 2023£385,000 | 4 Bed House8, Pennyhill Lane, West Bromwich, B71 3RW8, Pennyhill Lane, West Bromwich, B71 3RW
- Sold Mar 2022£370,000 | 4 Bed House37, Pennyhill Lane, West Bromwich, B71 3RP37, Pennyhill Lane, West Bromwich, B71 3RP
- Sold Sep 2019£350,000 | 4 Bed House37, Pennyhill Lane, West Bromwich, B71 3RP37, Pennyhill Lane, West Bromwich, B71 3RP
Schools Nearby
- Pennyhill Primary School400 m away
- St Mary Magdalene CofE Voluntary Controlled Primary School700 m away
- Hall Green Primary School1.1 km away
- The Phoenix Collegiate1.0 km away
- Wodensborough Ormiston Academy1.8 km away
- Shireland CBSO Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to B71 3RN is Tame Bridge Parkway station, which is 1.7 kilometres away.
- Tame Bridge Parkway|1.7 km away
- Bescot Stadium|2.8 km away
- Hamstead (Birmingham)|3.6 km away
- The Hawthorns|3.8 km away
