Pennyhill Lane - B71 3RY
Key Postcode Insights
B71 3RY is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 21 addresses.
It ranks as the 866th largest and 1260th most expensive of the 1,372 postcodes in the B71 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £281,553
- 10 Year change
- up 63.3%
- Ave. Rental Price
- £1,408pcm
- 10 Year change
- up 65.8%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
B71 3RY is a residential postcode situated on Pennyhill Lane, West Bromwich, B71 with 21 addresses.
It ranks as the 866th largest and 1260th most expensive of the 1,372 postcodes in the B71 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £281,553
- 10 Year change
- up 63.3%
- Ave. Rental Price
- £1,408pcm
- 10 Year change
- up 65.8%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin B71 3RY
- 42 Pennyhill Lane
3 Bed Early-century House
- 44 Pennyhill Lane
Unknown
- 46 Pennyhill Lane
Unknown
- 48 Pennyhill Lane
Unknown
- 50 Pennyhill Lane
Unknown
Sales Market Trends
The last sale in B71 3RY sold for £275,000 on 10th September 2025. Since then prices are down an average of 1.5%.
The current average value in the postcode is £281,553.
The B71 3RY Sales Market has increased by 63.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £281,553 |
| June 2025 | 1.6% | £283,971 |
| June 2024 | 2.6% | £279,626 |
| June 2023 | 2.4% | £272,647 |
| June 2022 | 12.3% | £266,177 |
| June 2021 | 8.8% | £237,090 |
| June 2020 | 4.5% | £217,815 |
| June 2019 | 5.7% | £208,461 |
| June 2018 | 7.2% | £197,202 |
| June 2017 | 6.7% | £183,979 |
| June 2016 | 5.7% | £172,413 |
| June 2015 | 7% | £163,113 |
| June 2014 | 0.6% | £152,440 |
| June 2013 | 2.1% | £151,587 |
| June 2012 | -0.1% | £148,440 |
| June 2011 | -1.3% | £148,641 |
| June 2010 | 3.5% | £150,562 |
| June 2009 | -9.2% | £145,435 |
| June 2008 | -2.6% | £160,150 |
| June 2007 | 0% | £164,420 |
Rental Market Trends
The current average rental value in the postcode is £1,408.
The B71 3RY Rental Market has increased by 65.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £1,408pcm |
| June 2025 | 3.9% | £1,408pcm |
| June 2024 | 11.8% | £1,354pcm |
| June 2023 | 10.1% | £1,211pcm |
| June 2022 | 6.2% | £1,100pcm |
| June 2021 | 8.6% | £1,035pcm |
| June 2020 | 2.1% | £953pcm |
| June 2019 | 2.7% | £934pcm |
| June 2018 | 2.3% | £909pcm |
| June 2017 | 4.6% | £888pcm |
| June 2016 | 3.1% | £850pcm |
| June 2015 | 2.1% | £824pcm |
| June 2014 | 2.3% | £807pcm |
| June 2013 | 0.6% | £789pcm |
| June 2012 | 0.9% | £784pcm |
| June 2011 | 2.9% | £777pcm |
| June 2010 | 3.3% | £755pcm |
| June 2009 | -2.1% | £731pcm |
| June 2008 | 2.8% | £747pcm |
| June 2007 | 0% | £727pcm |
Sales History
The last sale was on 10th September 2025 for £275,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 22 sales since 1995.
B71 3RY has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£275,000 | 4 Bed House62, Pennyhill Lane, West Bromwich, B71 3RY62, Pennyhill Lane, West Bromwich, B71 3RY
- Sold Jun 2023£306,000 | 4 Bed House64, Pennyhill Lane, West Bromwich, B71 3RY64, Pennyhill Lane, West Bromwich, B71 3RY
- Sold Jul 2022£287,500 | 4 Bed House80, Pennyhill Lane, West Bromwich, B71 3RY80, Pennyhill Lane, West Bromwich, B71 3RY
- Sold Jul 2019£167,000 | 3 Bed House42, Pennyhill Lane, West Bromwich, B71 3RY42, Pennyhill Lane, West Bromwich, B71 3RY
- Sold Mar 2016£222,000 | 4 Bed House78, Pennyhill Lane, West Bromwich, B71 3RY78, Pennyhill Lane, West Bromwich, B71 3RY
Nearby Postcodes
B71 3RY is the 866th largest and the 1260th most expensive postcode out of the 1,372 postcodes in the B71 area.
- B71 3RX, Pennyhill Lane, West Bromwich, B71B71 3RX2 Addresses|46 m away
- B71 3RH, David Harman Drive, West Bromwich, B71B71 3RH27 Addresses|50 m away
- B71 3DH, Hartland Road, West Bromwich, B71B71 3DH20 Addresses|93 m away
- B71 3RZ, Hodder Grove, West Bromwich, B71B71 3RZ9 Addresses|95 m away
- B71 3RP, Pennyhill Lane, West Bromwich, B71B71 3RP13 Addresses|136 m away
Property Types
- 7 modern houses built after 1980
- 1 early-century house built between 1912 and 1935
- 13 other addresses of unknown type
- modern house (7)
- early-century house (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (6)
- G (0)
- D (1)
- No EPC (13)
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 Collegiate1.3 km away
- Wodensborough Ormiston Academy2.0 km away
- Shireland CBSO Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to B71 3RY 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|3.8 km away
