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Pennyhill Lane, B71 Property Price Report
Get a closer look at Pennyhill Lane in West Bromwich, and see how it compares to the broader area and the West Bromwich of West Bromwich.
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Associated Postcodes:
B71 3RH, B71 3RJ, B71 3RN, ... + 5 more
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House Prices > West Bromwich > B71 > Pennyhill Lane
Price Trends Along the Road
Breaking Down House Prices on Pennyhill Lane
- Since 2021, Pennyhill Lane has kept busy with 51 transactions, each fetching around £207,200. The average home size stands at 953 square feet, costing £209 per square foot.
- Properties on Pennyhill Lane have commanded prices from £73,000 to £480,000, with the cost per square foot fluctuating between £98 and £351.
- The last real estate handshake on Pennyhill Lane took place in December 2024.
How This Street Stacks Up
Pennyhill Lane Homes vs Surrounding Areas Prices
By Sector
B71 3
Pennyhill Lane beats the sector average by shaving off roughly 1%. (£210,200 vs £207,200). Therefore, Pennyhill Lane might be the smart buy, cutting around £3,000 off what you'd pay elsewhere in B71 3.
By District
i.e. B71
Property costs on Pennyhill Lane surpass the B71 district by 10% typically. (£207,200 vs £186,800). In budget terms, homes on Pennyhill Lane typically command about £20,400 more than those in the B71 district.
By City or Town
i.e. West Bromwich
Pennyhill Lane's market value averages 6% above West Bromwich's benchmarks. (£207,200 vs £194,000) Hence, buying elsewhere in West Bromwich instead of Pennyhill Lane could leave you with around £13,000 in savings.
Street Perks and Particulars
Helpful Useful Facts for Pennyhill Lane
- This road includes 185 properties, sharing 6 postcodes.
- All homes on Pennyhill Lane are pre-existing, with no new-builds present.
- Average energy scores for Pennyhill Lane homes sit at 71 (C), with an expected improvement to 80 (C).
- Compared to town-wide figures, homes on Pennyhill Lane are 14% larger on average, reaching around 953 square feet.
- Sales are logged more frequently here, happening every 2 months instead of the 10.01 months rhythm common to B71.
Your Property Cheat Sheet
What’s Really Happening in West Bromwich
These sharp, super-readable articles make sense of West Bromwich’s pricing patterns, property pace, and where to invest if you’re thinking just a step ahead.
Also worth exploring, the House Prices in West Bromwich page rounds up everything from price bands to regional benchmarks.
Hidden Treasures Nearby
A Closer Look at B71
Once upon a time, B71 in West Bromwich was a bustling industrial hub. Now, it’s a district at the crossroads of tradition and progress. Picture the past mingling with the present, as residents weave their daily stories against a rich backdrop of heritage buildings and modern amenities. The local parks add a lush, almost magical, charm to this ever-evolving landscape.
267
No. of Roads
2,294
No. of Transactions
£200K
Avg. Property Price
901
per sq/ft
Avg. Property Size
£208
per sq/ft
Avg. Cost Per Sq/Ft
Similar Streets to Stroll
Other Roads You May Be Interested In
Popular Roads in B71
B71 Roads with Similar Prices
- Clive Street
- Lyndhurst Road
- Hydes Road
- Melrose Avenue
- Wills Avenue
- Edwin Phillips Drive
Roads Near Pennyhill Lane
- Alexandra Crescent
- Alton Grove
- Andrew Road
- Beaconview Road
- Bexley Grove
- Bird End
