B71 2PE is a residential postcode located on Chester Road, West Bromwich, B71. It is the 1391st largest postcode in the B71 area.
It contains 46 houses and the most common type of property is a modern house built after 1980.
The average house value is £203,846. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 5.0%.
Property sale values range from £191,217 for a freehold house, with 3 bedrooms split across 743 square feet of gross internal area and has a garden to £228,387 for a freehold house, with 4 bedrooms split across 1,084 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B71 2PE is £237/ft2.
Properties achieve a rental yield of between 6.1% and 6.4%, and rental values range from £1,024 to £1,159 per month.
The last sale was 09 Oct 2020 for £165,000 and since then the market in the area as increased by 28%. The postcode has had a total of 4 sales since 1995.
B71 2PE has seen no sales in the last three years and no sales in the last twelve months.
B71 2PE is the 1391st largest and the 907th most expensive postcode out of the 1,533 postcodes in the B71 area.
B71 2PE is a residential postcode located on Chester Road, West Bromwich, B71 with 46 houses within its bounds.
The most common property type in B71 2PE is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to B71 2PE is Tame Bridge Parkway station which is 2.0 km away.
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 B71 2PE, 54.7% of property is socially rented and 17.6% is privately rented.
The graph below shows how this compares to Greater London 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 B71 2PE, 21.4% of residents are recorded as possessing school level qualifications and 15.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around B71 2PE, the average age was 37.2 and the most common age was 32.
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 B71 2PE, 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 B71 2PE, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.