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House Prices in B70 House Prices in B70 (West Bromwich)

The average house price in B70 (West Bromwich) is £214,500 using HM Land Registry data.

The average property price increased by £33,407 (22.27%) over the last 5 years and increased by £6,693 (3.45%) over the last 12 months.

Over the last year, there were 113 residential property sales – a decrease of 80 transactions (-70.80%) relative to the previous year. The majority of house sales (29) were in the £168,000 - £202,000 range. Then came properties in the £202,000 - £236,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,187 (-7%).

In Oct 24, there were 27 new estate agency instructions, 20 agreed home sales and 27 property price reductions.

Nearby Postcodes: B16, B17, B18, B19, B20, B21, B43, B65, B66, B67, B68, B69, B71, DY1, DY2, DY4, WS1, WS10, WS2, WS5, WV13, WV14

5-Year Average Property Prices in B70 (West Bromwich)

22.27%

Property prices in West Bromwich increased by 22.27% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B70 (West Bromwich) Over the Last Year

3.45%

Property prices in West Bromwich increased by 3.45% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for B70 (West Bromwich) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B70 (West Bromwich)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B70 (West Bromwich)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B70 (West Bromwich)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B70 (West Bromwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B70 postcode area since 1995.

Recent Sales in B70 (West Bromwich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
41 Roebuck Lane, West Bromwich, West Midlands, B70 6QP£280,000£275,000-£5,00030 Sep 202222 Aug 2024692 Days
30 Whitgreave Street, West Bromwich, West Midlands, B70 9BA£290,000£283,000-£7,00018 Oct 202302 Aug 2024289 Days
6 Tasker Street, West Bromwich, West Midlands, B70 0AU£220,000£210,000-£10,00016 Oct 202319 Apr 2024186 Days
38 Whitgreave Street, West Bromwich, West Midlands, B70 9BA£230,000£230,000£0016 Jan 202417 Apr 202492 Days
18 Livingstone Road, West Bromwich, West Midlands, B70 7HZ£110,000£97,000-£13,00027 Sep 202305 Apr 2024191 Days
114 Wood Lane, West Bromwich, West Midlands, B70 9PX£215,000£205,000-£10,00006 Jan 202428 Mar 202482 Days
68 St Christopher Close, West Bromwich, West Midlands, B70 6TZ£330,000£330,000£0001 Sep 202325 Mar 2024206 Days
40 Barncroft Street, West Bromwich, West Midlands, B70 0QJ£130,000£128,000-£2,00024 Jan 202422 Mar 202458 Days
48 Turner Street, West Bromwich, West Midlands, B70 9HY£180,000£170,000-£10,00016 Jan 202422 Mar 202466 Days
125 Wolseley Road, West Bromwich, West Midlands, B70 0LS£190,000£190,000£0030 Nov 202329 Feb 202491 Days
4 Heronville Drive, West Bromwich, West Midlands, B70 0HS£90,000£87,000-£3,00015 Sep 202309 Feb 2024147 Days
61 Hawkins Street, West Bromwich, West Midlands, B70 0QS£235,000£230,000-£5,00021 Aug 202309 Feb 2024172 Days
41 Siddons Way, West Bromwich, West Midlands, B70 0RX£180,000£160,000-£20,00003 Jul 202309 Feb 2024221 Days
11 Thynne Street, West Bromwich, West Midlands, B70 6PH£180,000£170,000-£10,00008 Aug 202306 Feb 2024182 Days
8 Princes Gate, West Bromwich, West Midlands, B70 6HU£80,000£79,000-£1,00021 Dec 202231 Jan 2024406 Days
4 Hill Top, West Bromwich, West Midlands, B70 0PS£260,000£240,000-£20,00022 Jun 202329 Jan 2024221 Days
8 Brook Street, West Bromwich, West Midlands, B70 9HL£210,000£205,000-£5,00002 Aug 202326 Jan 2024177 Days
88 Dial Lane, West Bromwich, West Midlands, B70 0EG£300,000£275,000-£25,00015 Sep 202320 Jan 2024127 Days
2 Cordley Street, West Bromwich, West Midlands, B70 9NQ£200,000£200,000£0020 Jun 202319 Jan 2024213 Days
15 Skidmore Drive, West Bromwich, West Midlands, B70 9TP£80,000£80,000£0010 Nov 202312 Dec 202332 Days

Most Expensive Streets in B70 (West Bromwich)

PostcodeStreetAreaAverageNo. of Sales
B70 8AUAlba RoadWest Bromwich£371,6663
B70 0FJLaura Roberts CloseWest Bromwich£293,0836
B70 9TEMill StreetWest Bromwich£279,0003
B70 6QPRoebuck LaneWest Bromwich£271,6663
B70 6BAThe PavilionsWest Bromwich£259,0005
B70 8SSSummerfield AvenueWest Bromwich£257,6663
B70 6RJDe Marnham CloseWest Bromwich£252,0003
B70 0JHPemberton RoadWest Bromwich£239,3577
B70 6TUEuropa AvenueWest Bromwich£232,7005
B70 7DDNewhall StreetWest Bromwich£231,0005

Least Expensive Streets in B70 (West Bromwich)

PostcodeStreetAreaAverageNo. of Sales
B70 8RZSt Georges PlaceWest Bromwich£55,8333
B70 8GHGoldfield Court, Dartmouth Street, West BromwichWest Bromwich£64,09512
B70 7ADWest Gate Plaza, Moor Street, West BromwichWest Bromwich£82,0003
B70 9TPSkidmore DriveWest Bromwich£84,8333
B70 9JTCreed WayWest Bromwich£89,38413
B70 9AGPoets Court, Old Meeting Street, West BromwichWest Bromwich£89,70010
B70 6HUPrinces GateWest Bromwich£93,16612
B70 6LGFlorence RoadWest Bromwich£95,6663
B70 0BACarden CloseWest Bromwich£106,1653
B70 9NNMason StreetWest Bromwich£114,0003

Explore B70 (West Bromwich) using map

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