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Penny Black Lane is a residential street with 3 addresses.
It ranks as the 10th largest and 435th most expensive of the 441 streets in the B73 area. The dominant property type is a modern house built after 1980.
The street contains a total of 3 properties: 3 houses.
Penny Black Lane is a residential street with 3 addresses.
It ranks as the 10th largest and 435th most expensive of the 441 streets in the B73 area. The dominant property type is a modern house built after 1980.
The street contains a total of 3 properties: 3 houses.
Sale prices range from £647,181 for 4 bedroom freehold houses with a garden (1,205 ft2) to £867,845 for 4 bedroom freehold houses with a garden (1,754 ft2) .
Monthly rental prices range from £2,960 pcm for 4 bed houses to £3,970 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 5.5%.
The average value per square foot is £494.
The last sale on Penny Black Lane sold for £599,950 on 23rd April 2015. Since then prices are up an average of 45.3%.
The current average value in the street is £794,290.
The Penny Black Lane Sales Market has increased by 35.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £794,290 |
| May 2025 | 0% | £804,486 |
| May 2024 | 0.2% | £804,138 |
| May 2023 | -0.4% | £802,450 |
| May 2022 | 9.7% | £805,603 |
| May 2021 | 6% | £734,421 |
| May 2020 | 1.3% | £693,096 |
| May 2019 | 4.4% | £684,056 |
| May 2018 | 5.4% | £655,435 |
| May 2017 | 6.5% | £622,123 |
| May 2016 | 6.6% | £584,350 |
| May 2015 | 8.2% | £547,989 |
| May 2014 | 7.1% | £506,575 |
| May 2013 | 1.1% | £473,155 |
| May 2012 | -1% | £467,789 |
| May 2011 | -0.1% | £472,649 |
| May 2010 | 8.4% | £473,278 |
| May 2009 | -8.6% | £436,646 |
| May 2008 | -0.1% | £477,850 |
| May 2007 | 0% | £478,171 |
The current average rental value in the street is £3,633.
The Penny Black Lane Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.4% | £3,633pcm |
| May 2025 | -0.2% | £3,582pcm |
| May 2024 | 9.7% | £3,589pcm |
| May 2023 | 10% | £3,271pcm |
| May 2022 | 9.1% | £2,975pcm |
| May 2021 | 3.1% | £2,728pcm |
| May 2020 | 1.6% | £2,645pcm |
| May 2019 | 1.8% | £2,604pcm |
| May 2018 | 1.1% | £2,557pcm |
| May 2017 | 2.5% | £2,529pcm |
| May 2016 | 7.1% | £2,469pcm |
| May 2015 | 4.3% | £2,305pcm |
| May 2014 | 1.1% | £2,209pcm |
| May 2013 | 0.6% | £2,185pcm |
| May 2012 | 0.7% | £2,172pcm |
| May 2011 | 3.7% | £2,157pcm |
| May 2010 | 4.2% | £2,080pcm |
| May 2009 | -2.8% | £1,996pcm |
| May 2008 | 0.6% | £2,054pcm |
| May 2007 | 0% | £2,041pcm |
The last sale was on 23rd April 2015 for £599,950 and since then the market in the area has increased by 45.3%. The street has had a total of 3 sales since 1995.
Penny Black Lane, Sutton Coldfield, B73 has seen no sales in the last three years and no sales in the last twelve months.
Penny Black Lane, Sutton Coldfield, B73 is the 10th largest and the 435th most expensive street in the B73 area.
There is 1 postcode on Penny Black Lane, Sutton Coldfield, B73.
The closest station to Penny Black Lane, Sutton Coldfield, B73 is Sutton Coldfield station which is 600 metres away.
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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 Penny Black Lane, Sutton Coldfield, B73, 46.3% of property is privately owned outright and 38.1% 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 Penny Black Lane, Sutton Coldfield, B73, 17.3% of residents are recorded as possessing school level qualifications and 49.5% 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 Penny Black Lane, Sutton Coldfield, B73, the average age was 46 and the most common age was 57.
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 Penny Black Lane, Sutton Coldfield, B73, 1.8% 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 Penny Black Lane, Sutton Coldfield, B73, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.