West Bromwich

Area Guide For West Bromwich

West Bromwich is a town inside the Metropolitan Borough of Sandwell, in the West Midlands province of England. Verifiably in Staffordshire, it is arranged 5 miles (8 km) northwest of Birmingham on the A41 London-to-Birkenhead street, and is a piece of the Black Country. West Bromwich is the biggest town in Sandwell, with a populace of 75,405 at the 2011 census; the more extensive West Bromwich Urban Sub-Area was recorded as having a populace of 136,940 at the time of the 2001 registration. For streets, the M5 motorway between the West Midlands and the West Country and its intersection with the M6 motorway passes through the town, making West Bromwich at the center point of Britain's motorway system. Upgrades are in progress at A41 intersection by West Bromwich town focus after a £25 million venture gift was honored to the zone to cut clogging for suburbanites. The intersection, which is the place The Expressway meets All holy persons way, presently extends 60,000 vehicles a day, and is near to Junction 1 of the M5 The venture includes the production of a double carriageway underpass, underneath an enhanced circuitous. This work started in June 2010 and ought to ideally be finished in Autumn 2012. West Bromwich has its own transport station in the town focus, with associations with Birmingham and other real towns in the West Midlands region.


West Bromwich Map

Estimated Price: £128,268
Average Asking Price: £147,079
Price change in last one year: £1,902
Average Price Paid: £116,051
Average Rent Rates: £825


Property Prices Breakdown in West Bromwich

Average Price for property in West Bromwich is around £128,268 which varies based on type of property you are interested in and ranges from £219,639 for detached house to around £129,451 for semi-detached. Similarly terraced house is around £111,231 and a flat is worth £82,286. Values have been changing and have risen £1,973 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,839 in last 6 months, £1,902 in last 1 year, £7,994 in last 2 years, £12,413 in last 3 years, £8,449 in last 4 years and £4,199 in last 5 years.

Currently average asking price of a property in West Bromwich is around £147,079 based on approximately 388 properties for sale. Same is the case with rental options based on 133 properties up for rent, average asking rent is around £825 per month.

Estimated property value in West Bromwich is £128,268. Average asking price is £147,079 while average price paid is £118,548 which is up by £1,902 and Avg. asking rent £825.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in West Bromwich area. In last 1 year alone average price buyer paid is around £118,548 based on approximately 388 sales in West Bromwich area alone. If you compare it to last 3 years sales of 1,200 properties where buyers paid around £116,914. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £116,051 for 1,991 and average amount paid for purchase of approx. 2,853 properties sold in last 7 years comes to about £116,678 per sale.


Properties For Sale in West Bromwich


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £103,998, £112,657 for a 2 bedroom house, £142,368 for a 3 bedroom house, £218,685 for a 4 bedroom house and £252,245 for a 5 bedroom house. For a flat similarly the prices varies from £70,073 for a single bedroom to £93,388 for a 2 bedroom Flat. To sum up the asking prices for properties in West Bromwich it comes to around average £74,920 for 1 bedroom property, £105,935 for 2 bedroom, £142,368 for 3 bedroom, £218,685 for 4 bedroom and £252,245 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £324 for 1 bedroom to £540 for 2 bedroom, £604 for 3 bedroom and £691 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £394. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £510, £611 for 3 bedroom, £610 for 4 bedroom and around £282 for 5 bedroom flat. You should be generally be expecting around average £349 rent per month for single bedroom property, £520 for 2 bedroom, £605 for 3 bedroom, £664 for 4 bedroom and approximately £282 for a 5 bedroom property in West Bromwich area.

Popular Houses in West Bromwich

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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