15, The Parade
15, The Parade
Description & Estimates
Public records show 15, The Parade, West Bromwich to be a modern freehold house with 1,205 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
15, The Parade, West Bromwich has an estimated sale value of £366,322 and an estimated rental value of £1,566 per month, assuming reasonable condition and based on the information available.
The Parade, West Bromwich, B71 lies in the borough of Sandwell, within the B71 postal district.
Our Data Sources
15, The Parade, West Bromwich has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, The Parade, West Bromwich would be worth £384,639, with a potential rental value of £1,644 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £340,680, with a rental value of £1,456 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, The Parade, West Bromwich has increased by £2,054 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £30 (1.9%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
15, The Parade, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, The Parade, West Bromwich last changed hands on 5th December 2024, selling for £394,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 18.4% since December 2024.
- Sold Dec 2024£394,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 15, The Parade, West Bromwich across the last 2 years.
Most recently, 28, The Parade, West Bromwich, B71 3NY, a freehold house, sold at £404,995 on the 20th December 2024.
Read more about house prices in B71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, The Parade, West Bromwich as the 5th largest and the 6th most expensive of the 60 addresses on The Parade, West Bromwich, B71.
Against the B71 postcode district average, it is £154k more expensive than the typical property.
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Schools Nearby
- 300mThe Priory Primary School
- 400mHall Green Primary School
- 800mPennyhill Primary School
- 1.1kmWodensborough Ormiston Academy
- 1.2kmThe Phoenix Collegiate
- 1.9kmJoseph Leckie Academy
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Public Transport Nearby
Tame Bridge Parkway station is the nearest stop to 15, The Parade, West Bromwich at 900 metres away.
- 900mTame Bridge Parkway
- 1.7kmBescot Stadium
- 4.1kmWalsall
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
