Property investment stats for West Bromwich, West Midlands

• Rental yields are attractive, with the average at 6.1% and the top performing district offering 5.9%.
• Capital growth over three years is notable at 16.7%, with annualised growth of 5.3%, signalling upward momentum in the area.
• The current median asking rent for a 3-bedroom house is £1,200, which, combined with affordable purchase prices, supports positive cash flow potential.

• The unemployment rate sits in the 96th percentile, which is unusually high and could impact tenant reliability and local spending power.
• The proportion of degree-educated residents and professionals is low (13th and 8th percentiles), which may limit long-term growth if the local economy does not diversify.
• Social rented housing is high (89th percentile), so investors should be aware of the local market's reliance on public sector tenants and potential policy changes.

Looking ahead over the next year, West Bromwich is likely to remain attractive to value-focused investors. The combination of strong rental yields of 6.1% and a median price per square foot of £252 per sq ft keeps the area competitive.

Liquidity is healthy, with 695 properties changing hands annually and a brisk average of 40 days on the market. While the high unemployment rate poses some risk, the consistent demand from families and students should underpin rental stability. Provided the local economy remains steady, I expect modest capital growth to continue, building on the one-year figure of 1.2% and the three-year trend of 16.7%.