Pennyhill Lane - B71 3RP
Key Postcode Insights
B71 3RP is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 13 addresses.
It ranks as the 525th largest and 1358th 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 13 properties: 13 houses.
- Ave. Sale Price
- £363,185
- 10 Year change
- up 65.7%
- Ave. Rental Price
- £1,622pcm
- 10 Year change
- up 68.2%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
B71 3RP is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 13 addresses.
It ranks as the 525th largest and 1358th 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 13 properties: 13 houses.
- Ave. Sale Price
- £363,185
- 10 Year change
- up 65.7%
- Ave. Rental Price
- £1,622pcm
- 10 Year change
- up 68.2%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin B71 3RP
- 11 Pennyhill Lane
3 Bed Mid-century House
- 15 Pennyhill Lane
3 Bed Mid-century House
- 17 Pennyhill Lane
House
- 19 Pennyhill Lane
3 Bed Mid-century House
- 21 Pennyhill Lane
House
Sales Market Trends
The last sale in B71 3RP sold for £330,000 on 6th August 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £363,185.
The B71 3RP Sales Market has increased by 65.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £363,185 |
| June 2025 | 1.9% | £363,785 |
| June 2024 | 2.5% | £357,004 |
| June 2023 | 2.6% | £348,175 |
| June 2022 | 12.4% | £339,304 |
| June 2021 | 8.9% | £301,826 |
| June 2020 | 4.4% | £277,126 |
| June 2019 | 5.8% | £265,359 |
| June 2018 | 7.3% | £250,777 |
| June 2017 | 6.7% | £233,820 |
| June 2016 | 5.7% | £219,119 |
| June 2015 | 7% | £207,302 |
| June 2014 | 0.6% | £193,767 |
| June 2013 | 2.1% | £192,583 |
| June 2012 | -0.2% | £188,540 |
| June 2011 | -1.5% | £188,860 |
| June 2010 | 3.3% | £191,793 |
| June 2009 | -9.2% | £185,750 |
| June 2008 | -2.5% | £204,520 |
| June 2007 | 0% | £209,852 |
Rental Market Trends
The current average rental value in the postcode is £1,622.
The B71 3RP Rental Market has increased by 68.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £1,622pcm |
| June 2025 | 4.3% | £1,610pcm |
| June 2024 | 11.8% | £1,543pcm |
| June 2023 | 10.3% | £1,380pcm |
| June 2022 | 6.4% | £1,251pcm |
| June 2021 | 8.7% | £1,176pcm |
| June 2020 | 2% | £1,083pcm |
| June 2019 | 2.8% | £1,061pcm |
| June 2018 | 2.4% | £1,032pcm |
| June 2017 | 4.6% | £1,008pcm |
| June 2016 | 3.1% | £964pcm |
| June 2015 | 2.1% | £935pcm |
| June 2014 | 2.3% | £915pcm |
| June 2013 | 0.6% | £894pcm |
| June 2012 | 0.9% | £889pcm |
| June 2011 | 2.6% | £881pcm |
| June 2010 | 3% | £859pcm |
| June 2009 | -2.1% | £834pcm |
| June 2008 | 2.9% | £852pcm |
| June 2007 | 0% | £828pcm |
Sales History
The last sale was on 6th August 2025 for £330,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 13 sales since 1995.
B71 3RP has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£330,000 | 3 Bed House15, Pennyhill Lane, West Bromwich, B71 3RP15, Pennyhill Lane, West Bromwich, B71 3RP
- Sold Sep 2024£306,249 | 3 Bed House11, Pennyhill Lane, West Bromwich, B71 3RP11, Pennyhill Lane, West Bromwich, B71 3RP
- Sold Mar 2022£370,000 | 4 Bed House37, Pennyhill Lane, West Bromwich, B71 3RP37, Pennyhill Lane, West Bromwich, B71 3RP
- Sold Nov 2021£350,000 | 4 Bed House33, Pennyhill Lane, West Bromwich, B71 3RP33, 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
Nearby Postcodes
B71 3RP is the 525th largest and the 1358th most expensive postcode out of the 1,372 postcodes in the B71 area.
- B71 3RS, Haypits Close, West Bromwich, B71B71 3RS14 Addresses|39 m away
- B71 3RW, Pennyhill Lane, West Bromwich, B71B71 3RW20 Addresses|73 m away
- B71 3RR, Hopkins Drive, West Bromwich, B71B71 3RR15 Addresses|91 m away
- B71 3RT, Hopkins Drive, West Bromwich, B71B71 3RT34 Addresses|111 m away
- B71 3RX, Pennyhill Lane, West Bromwich, B71B71 3RX2 Addresses|114 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- mid-century house (7)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (4)
- No EPC (6)
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 School500 m away
- St Mary Magdalene CofE Voluntary Controlled Primary School800 m away
- Eaton Valley Primary School1.2 km away
- The Phoenix Collegiate1.1 km away
- Wodensborough Ormiston Academy1.9 km away
- Shireland CBSO Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to B71 3RP is Tame Bridge Parkway station, which is 1.7 kilometres away.
- Tame Bridge Parkway|1.7 km away
- Bescot Stadium|2.9 km away
- Hamstead (Birmingham)|3.5 km away
- The Hawthorns|3.8 km away
