Water Lane - B71 3TA
Key Postcode Insights
B71 3TA is a residential postcode situated on Water Lane, West Bromwich, B71 with 5 addresses.
It ranks as the 196th largest of the 1,372 postcodes in the B71 area.
The postcode contains a total of 5 properties: 1 house and 4 other properties.
- Ave. Sale Price
- £392,902
- 10 Year change
- up 56.1%
- Ave. Rental Price
- £1,717pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £326/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
B71 3TA is a residential postcode situated on Water Lane, West Bromwich, B71 with 5 addresses.
It ranks as the 196th largest of the 1,372 postcodes in the B71 area.
The postcode contains a total of 5 properties: 1 house and 4 other properties.
- Ave. Sale Price
- £392,902
- 10 Year change
- up 56.1%
- Ave. Rental Price
- £1,717pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £326/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Properties in B71 3TA
- 156 Water Lane
4 Bed Mid-century House
- 158 Water Lane
House
- 160 Water Lane
House
- 162 Water Lane
House
- 164 Water Lane
House
Sales Market Trends
The last sale in B71 3TA sold for £400,000 on 3rd December 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £392,902.
The B71 3TA Sales Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £392,902 |
| June 2025 | 0.9% | £402,681 |
| June 2024 | 2.5% | £399,219 |
| June 2023 | 1.9% | £389,631 |
| June 2022 | 11.5% | £382,549 |
| June 2021 | 8.5% | £342,983 |
| June 2020 | 4.8% | £316,185 |
| June 2019 | 5.1% | £301,660 |
| June 2018 | 6.8% | £286,981 |
| June 2017 | 6.7% | £268,607 |
| June 2016 | 5.4% | £251,722 |
| June 2015 | 6.1% | £238,737 |
| June 2014 | 1.5% | £225,112 |
| June 2013 | 2.1% | £221,824 |
| June 2012 | 0.3% | £217,314 |
| June 2011 | -1.6% | £216,670 |
| June 2010 | 4.9% | £220,151 |
| June 2009 | -9.6% | £209,905 |
| June 2008 | -2.4% | £232,147 |
| June 2007 | 0% | £237,862 |
Rental Market Trends
The current average rental value in the postcode is £1,717.
The B71 3TA Rental Market has increased by 59.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £1,717pcm |
| June 2025 | 3.1% | £1,741pcm |
| June 2024 | 11.6% | £1,689pcm |
| June 2023 | 9.7% | £1,513pcm |
| June 2022 | 6.1% | £1,378pcm |
| June 2021 | 8.2% | £1,299pcm |
| June 2020 | 2.1% | £1,200pcm |
| June 2019 | 2.4% | £1,176pcm |
| June 2018 | 2.2% | £1,148pcm |
| June 2017 | 4.5% | £1,123pcm |
| June 2016 | 3.2% | £1,075pcm |
| June 2015 | 2.3% | £1,041pcm |
| June 2014 | 2.2% | £1,018pcm |
| June 2013 | 0.5% | £996pcm |
| June 2012 | 1% | £991pcm |
| June 2011 | 3.4% | £981pcm |
| June 2010 | 3.8% | £949pcm |
| June 2009 | -2.2% | £914pcm |
| June 2008 | 2.7% | £934pcm |
| June 2007 | 0% | £910pcm |
Sales History
The last recorded sale was on 3rd December 2025 for £400,000 and since then the market in the area has decreased by 1.2%.
B71 3TA has had 2 sales since 1995, 1 of them in the last twelve months.
- Sold Dec 2025£400,000 | 4 Bed House156, Water Lane, West Bromwich, B71 3TA156, Water Lane, West Bromwich, B71 3TA
- Sold Apr 1996£78,000 | 4 Bed House156, Water Lane, West Bromwich, B71 3TA156, Water Lane, West Bromwich, B71 3TA
Nearby Postcodes
B71 3TA is the 196th largest and the 1357th most expensive postcode out of the 1,372 postcodes in the B71 area.
- B71 3TD, Turners Croft, West Bromwich, B71B71 3TD11 Addresses|49 m away
- B71 3SD, Spencer Close, West Bromwich, B71B71 3SD15 Addresses|77 m away
- B71 3SN, Tompstone Road, West Bromwich, B71B71 3SN28 Addresses|78 m away
- B71 3TB, Tompstone Road, West Bromwich, B71B71 3TB15 Addresses|79 m away
- B71 3SW, Tompstone Road, West Bromwich, B71B71 3SW26 Addresses|135 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2021£482,000 | 5 Bed HouseOakwood, Water Lane, West Bromwich, B71 3SAOakwood, Water Lane, West Bromwich, B71 3SA
- Sold Mar 2026£415,000 | 5 Bed HouseGreen Acres, Water Lane, West Bromwich, B71 3SAGreen Acres, Water Lane, West Bromwich, B71 3SA
- Sold Dec 2025£400,000 | 4 Bed House156, Water Lane, West Bromwich, B71 3TA156, Water Lane, West Bromwich, B71 3TA
Schools Nearby
- Pennyhill Primary School700 m away
- St Mary Magdalene CofE Voluntary Controlled Primary School1.4 km away
- Hall Green Primary School1.5 km away
- The Phoenix Collegiate1.7 km away
- Q3 Academy Great Barr2.2 km away
- Hamstead Hall Academy2.3 km away
More reading links
Public Transport Nearby
The closest station to B71 3TA is Tame Bridge Parkway station, which is 1.4 kilometres away.
- Tame Bridge Parkway|1.4 km away
- Bescot Stadium|2.8 km away
- Hamstead (Birmingham)|3.0 km away
- The Hawthorns|3.9 km away