B78 3TR is a residential postcode situated on Drayton Lane, Drayton Bassett, Tamworth, B78 with 9 addresses.
It ranks as the 205th largest and 513th most expensive of the 600 postcodes in the B78 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
B78 3TR is a residential postcode situated on Drayton Lane, Drayton Bassett, Tamworth, B78 with 9 addresses.
It ranks as the 205th largest and 513th most expensive of the 600 postcodes in the B78 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
Sale prices range from £222,766 for 2 bedroom Leasehold flats (731 ft2) to £759,280 for 5 bedroom freehold houses with a garden (2,960 ft2) .
Monthly rental prices range from £1,088 pcm for 2 bed flats to £1,725 pcm for 5 bed houses.
The gross rental yield is between 2.7% and 5.9%.
The average value per square foot is £304.
The last sale in B78 3TR sold for £400,000 on 3rd February 2022. Since then prices are up an average of 4.3%.
The current average value in the postcode is £537,253.
The B78 3TR Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £537,253 |
| April 2025 | 1.6% | £546,357 |
| April 2024 | -0.3% | £537,612 |
| April 2023 | 3.1% | £539,188 |
| April 2022 | 8.5% | £523,189 |
| April 2021 | 5.7% | £482,380 |
| April 2020 | 1.2% | £456,435 |
| April 2019 | 2.3% | £451,044 |
| April 2018 | 6.4% | £441,027 |
| April 2017 | 4.5% | £414,319 |
| April 2016 | 7.6% | £396,375 |
| April 2015 | 5.8% | £368,503 |
| April 2014 | 6.1% | £348,456 |
| April 2013 | 4.5% | £328,545 |
| April 2012 | -1.9% | £314,372 |
| April 2011 | -1.2% | £320,624 |
| April 2010 | 4.8% | £324,431 |
| April 2009 | -11.3% | £309,527 |
| April 2008 | 0.5% | £348,906 |
| April 2007 | 0% | £347,077 |
The current average rental value in the postcode is £1,451.
The B78 3TR Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,451pcm |
| April 2025 | 2.4% | £1,419pcm |
| April 2024 | 9.6% | £1,386pcm |
| April 2023 | 8.9% | £1,265pcm |
| April 2022 | 7.3% | £1,161pcm |
| April 2021 | 3.2% | £1,082pcm |
| April 2020 | 2% | £1,048pcm |
| April 2019 | 0.5% | £1,027pcm |
| April 2018 | 1.5% | £1,022pcm |
| April 2017 | 0.9% | £1,007pcm |
| April 2016 | 6.5% | £998pcm |
| April 2015 | 4.5% | £937pcm |
| April 2014 | 0.8% | £897pcm |
| April 2013 | 2.6% | £890pcm |
| April 2012 | 1.9% | £867pcm |
| April 2011 | 3% | £852pcm |
| April 2010 | 1.1% | £827pcm |
| April 2009 | -4.8% | £818pcm |
| April 2008 | 0.8% | £859pcm |
| April 2007 | 0% | £853pcm |
The last sale was on 3rd February 2022 for £400,000 and since then the market in the area has increased by 4.3%. The postcode has had a total of 7 sales since 1995.
B78 3TR has seen no sales in the last three years and no sales in the last twelve months.
B78 3TR is the 205th largest and the 513th most expensive postcode out of the 600 postcodes in the B78 area.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around B78 3TR, 45.5% of property is privately owned outright and 31.8% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around B78 3TR, 15.5% of residents are recorded as possessing school level qualifications and 37.3% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around B78 3TR, the average age was 41.5 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around B78 3TR, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around B78 3TR, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.