50, The Parade
50, The Parade
Description & Estimates
50, The Parade, West Bromwich is recorded publicly as a modern freehold house across 1,065 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 50, The Parade, West Bromwich is £344,012 and its rental estimate is £1,550 per month, given the available information and assuming reasonable condition.
The Parade, West Bromwich, B71 falls within the B71 postal district, in the borough of Sandwell.
Our Data Sources
50, The Parade, West Bromwich has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated February 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 50, The Parade, West Bromwich, we estimate a market value of £361,213 and a rental value of £1,627 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £319,931 and £1,441 per month respectively.
Recent Market Change
Over the last year, 50, The Parade, West Bromwich has seen its estimated sale value grow by £1,929 (0.6%) and its estimated rental value climb by £30 per month (1.9%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
50, The Parade, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 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
The most recent sale of 50, The Parade, West Bromwich completed on 29th February 2024 at £346,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.9% over the period since February 2024.
- Sold Feb 2024£346,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, The Parade, West Bromwich have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was 37, The Parade, West Bromwich, B71 3NY, a freehold house which sold for £354,995.
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
Of the 60 addresses on The Parade, West Bromwich, B71, 50, The Parade, West Bromwich comes out as the 16th largest and the 13th most expensive in our analysis of the public data.
It is also £132k more expensive than the average property across the B71 district.
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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
More reading links
Public Transport Nearby
From 50, The Parade, West Bromwich, the nearest station is Tame Bridge Parkway, 900 metres away.
- 900mTame Bridge Parkway
- 1.7kmBescot Stadium
- 4.1kmWalsall
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
