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Bank Street, B71 Property Price Report
Access key property insights about Bank Street in the B71 district in West Bromwich, and see how prices align across West Bromwich.
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Associated Postcodes:
B71 1AP, B71 1AT, B71 1HF, ... + 1 more
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House Prices > West Bromwich > B71 > Bank Street
Market Beat of This Road
Essential Market Data for Bank Street
- Since 2021, Bank Street has seen 30 homes sold for an average of £155,800. These homes generally offer 803 square feet, costing around £183 per square foot.
- The purchase price of properties on Bank Street has ranged from £78,000 to £300,000, while the price per square foot has differed from £123 to £310.
- The last step on the sold staircase for Bank Street was in September 2024.
Property Values vs the Vicinity
Bank Street Costs vs Surrounding Areas Markets
By Sector
B71 1
Affordability tilts toward Bank Street, where homes command about 5% less than sector standards. (£163,500 vs £155,800). Thus, picking Bank Street might keep £7,700 safely tucked in your wallet versus buying elsewhere in B71 1.
By District
i.e. B71
The price of postcode pride? Around 20% more in the B71 district than on Bank Street. (£186,800 vs £155,800). Choosing Bank Street over another location in the district could offer savings of about £31,000.
By City or Town
i.e. West Bromwich
Bank Street homes represent a saving of around 25% compared to West Bromwich. (£155,800 vs £194,000). In other words, buying in Bank Street over West Bromwich could result in savings of approximately £38,400.
Road Insights Unpacked
Interesting Useful Facts About Bank Street
- This street forms part of a network containing 140 properties, segmented over 4 postcode sections.
- Bank Street is composed solely of pre-existing homes, with no newly built dwellings included.
- EPC assessments for Bank Street indicate a current average rating of 78 (C), with future gains of up to 85 (B).
- Properties on Bank Street measure 803 square feet on average, 2% more substantial than West Bromwich’s norm.
- The movement is more frequent here, with homeowners reselling in 3 months while others in B71 wait 10.01 months.
Area Deals Decoded
The Pace, Prices and Patterns in West Bromwich
Speed of sale can say a lot about a place. These reads explore how West Bromwich performs when homes hit the market – and how it looks beside the rest of the UK.
To go deeper, the House Prices in West Bromwich page on our site combines all key figures from 2018 onwards in a single, easy-to-read summary.
Area Adventures Made Easy
B71 at a Glance
Reflectively, B71 captures the essence of transition in West Bromwich. It invites contemplation on the relationship between its industrial roots and modern ambitions. A walk through its streets can evoke a sense of introspection about time and change, revealing how these influences shape community dynamics. Such contemplations often accompany the discovery of its charming blend of old and new.
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
Streets Worth Noting
Other Roads You Might Like
Popular Roads in B71
B71 Roads with Similar Prices
- Radnor Green
- Westmorland Road
- Brindley Road
- Crabtree Close
- Peel Street
- Clifton Lane
