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The Parade is a residential street with 60 addresses.
It ranks as the 530th largest and 636th most expensive of the 673 streets in the B71 area. The dominant property type is a modern house built after 1980.
The street contains a total of 60 properties: 60 houses.
The Parade is a residential street with 60 addresses.
It ranks as the 530th largest and 636th most expensive of the 673 streets in the B71 area. The dominant property type is a modern house built after 1980.
The street contains a total of 60 properties: 60 houses.
Sale prices range from £299,979 for 3 bedroom freehold houses with a garden (850 ft2) to £373,286 for 4 bedroom freehold houses with a garden (1,248 ft2) .
Monthly rental prices range from £1,398 pcm for 3 bed houses to £1,569 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 5.7%.
The average value per square foot is £330.
The last sale on The Parade sold for £319,995 on 28th February 2025. Since then prices are up an average of 1.9%.
The current average value in the street is £328,504.
The The Parade Sales Market has increased by 66.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £328,504 |
| May 2025 | 2.5% | £327,625 |
| May 2024 | 2.2% | £319,491 |
| May 2023 | 4% | £312,741 |
| May 2022 | 11.8% | £300,674 |
| May 2021 | 9% | £269,045 |
| May 2020 | 4.2% | £246,812 |
| May 2019 | 5.6% | £236,789 |
| May 2018 | 6.9% | £224,209 |
| May 2017 | 6.4% | £209,700 |
| May 2016 | 6.4% | £197,166 |
| May 2015 | 5.2% | £185,314 |
| May 2014 | 1.6% | £176,169 |
| May 2013 | 1.6% | £173,392 |
| May 2012 | 0.6% | £170,728 |
| May 2011 | -2% | £169,758 |
| May 2010 | 3.4% | £173,241 |
| May 2009 | -10.9% | £167,520 |
| May 2008 | -0.6% | £188,034 |
| May 2007 | 0% | £189,130 |
The current average rental value in the street is £1,491.
The The Parade Rental Market has increased by 70.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.6% | £1,491pcm |
| May 2025 | 4.9% | £1,468pcm |
| May 2024 | 12.2% | £1,400pcm |
| May 2023 | 10.1% | £1,247pcm |
| May 2022 | 6.1% | £1,133pcm |
| May 2021 | 8.5% | £1,067pcm |
| May 2020 | 2.1% | £983pcm |
| May 2019 | 2.8% | £963pcm |
| May 2018 | 2.5% | £937pcm |
| May 2017 | 4.5% | £914pcm |
| May 2016 | 2.8% | £874pcm |
| May 2015 | 2.7% | £851pcm |
| May 2014 | 1.8% | £828pcm |
| May 2013 | 0.4% | £814pcm |
| May 2012 | 1.4% | £811pcm |
| May 2011 | 2.9% | £800pcm |
| May 2010 | 2.2% | £777pcm |
| May 2009 | -2.3% | £760pcm |
| May 2008 | 3.4% | £778pcm |
| May 2007 | 0% | £753pcm |
The last sale was on 28th February 2025 for £319,995 and since then the market in the area has increased by 1.9%. The street has had a total of 59 sales since 1995.
The Parade, West Bromwich, B71 has seen 46 sales in the last three years and no sales in the last twelve months.
The Parade, West Bromwich, B71 is the 530th largest and the 636th most expensive street in the B71 area.
There is 1 postcode on The Parade, West Bromwich, B71.
The closest station to The Parade, West Bromwich, B71 is Tame Bridge Parkway station which is 900 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 The Parade, West Bromwich, B71, 34.3% of property is privately rented and 33.7% is socially rented.
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 The Parade, West Bromwich, B71, 20.5% of residents are recorded as possessing school level qualifications and 23.8% 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 The Parade, West Bromwich, B71, the average age was 37.5 and the most common age was 12.
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 The Parade, West Bromwich, B71, 0.8% 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 The Parade, West Bromwich, B71, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.