Pennyhill Lane - B71 3RX
Key Postcode Insights
B71 3RX is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 2 addresses.
It ranks as the 90th largest and 1332nd 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 2 properties: 2 houses.
- Ave. Sale Price
- £349,813
- 10 Year change
- up 56.1%
- Ave. Rental Price
- £1,553pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
B71 3RX is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 2 addresses.
It ranks as the 90th largest and 1332nd 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 2 properties: 2 houses.
- Ave. Sale Price
- £349,813
- 10 Year change
- up 56.1%
- Ave. Rental Price
- £1,553pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin B71 3RX
Sales Market Trends
The last sale in B71 3RX sold for £255,000 on 31st May 2018. Since then prices are up an average of 37.6%.
The current average value in the postcode is £349,813.
The B71 3RX Sales Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £349,813 |
| June 2025 | 0.9% | £358,520 |
| June 2024 | 2.5% | £355,437 |
| June 2023 | 1.9% | £346,901 |
| June 2022 | 11.5% | £340,595 |
| June 2021 | 8.5% | £305,369 |
| June 2020 | 4.8% | £281,509 |
| June 2019 | 5.1% | £268,578 |
| June 2018 | 6.8% | £255,508 |
| June 2017 | 6.7% | £239,149 |
| June 2016 | 5.4% | £224,116 |
| June 2015 | 6.1% | £212,555 |
| June 2014 | 1.5% | £200,424 |
| June 2013 | 2.1% | £197,497 |
| June 2012 | 0.3% | £193,482 |
| June 2011 | -1.6% | £192,908 |
| June 2010 | 4.9% | £196,008 |
| June 2009 | -9.6% | £186,885 |
| June 2008 | -2.4% | £206,688 |
| June 2007 | 0% | £211,776 |
Rental Market Trends
The current average rental value in the postcode is £1,553.
The B71 3RX Rental Market has increased by 59.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £1,553pcm |
| June 2025 | 3.1% | £1,575pcm |
| June 2024 | 11.6% | £1,528pcm |
| June 2023 | 9.7% | £1,368pcm |
| June 2022 | 6.1% | £1,247pcm |
| June 2021 | 8.2% | £1,175pcm |
| June 2020 | 2.1% | £1,086pcm |
| June 2019 | 2.4% | £1,064pcm |
| June 2018 | 2.2% | £1,039pcm |
| June 2017 | 4.5% | £1,016pcm |
| June 2016 | 3.2% | £972pcm |
| June 2015 | 2.3% | £942pcm |
| June 2014 | 2.2% | £921pcm |
| June 2013 | 0.5% | £901pcm |
| June 2012 | 1% | £897pcm |
| June 2011 | 3.4% | £888pcm |
| June 2010 | 3.8% | £858pcm |
| June 2009 | -2.2% | £827pcm |
| June 2008 | 2.7% | £845pcm |
| June 2007 | 0% | £823pcm |
Sales History
The last sale was on 31st May 2018 for £255,000 and since then the market in the area has increased by 37.6%. The postcode has had a total of 2 sales since 1995.
B71 3RX has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
B71 3RX is the 90th largest and the 1332nd most expensive postcode out of the 1,372 postcodes in the B71 area.
- B71 3RY, Pennyhill Lane, West Bromwich, B71B71 3RY21 Addresses|46 m away
- B71 3RH, David Harman Drive, West Bromwich, B71B71 3RH27 Addresses|94 m away
- B71 3RT, Hopkins Drive, West Bromwich, B71B71 3RT34 Addresses|101 m away
- B71 3RS, Haypits Close, West Bromwich, B71B71 3RS14 Addresses|106 m away
- B71 3RP, Pennyhill Lane, West Bromwich, B71B71 3RP13 Addresses|114 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (1)
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 School900 m away
- Eaton Valley Primary School1.2 km away
- The Phoenix Collegiate1.2 km away
- Shireland CBSO Academy2.0 km away
- Wodensborough Ormiston Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to B71 3RX 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)|3.4 km away
- The Hawthorns|3.7 km away
