B15 3LU is a residential postcode located on Niall Close, Birmingham, B15. It is the 289th largest postcode in the B15 area.
It contains 13 houses and 4 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £578,878. Sales values have increased in the last 12 months by 5.4% and Rental values have increased by 3.2%.
Property sale values range from £513,018 for a leasehold house, with 3 bedrooms split across 1,087 square feet of gross internal area and has a garden to £705,994 for a leasehold house, with 5 bedrooms split across 2,088 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B15 3LU is £481/ft2.
Properties achieve a rental yield of between 4.7% and 5.3%, and rental values range from £2,260 to £2,817 per month.
The last sale was 08 Jul 2022 for £552,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 4 sales since 1995.
B15 3LU has seen 2 sales in the last three years and no sales in the last twelve months.
B15 3LU is the 289th largest and the 334th most expensive postcode out of the 501 postcodes in the B15 area.
B15 3LU is the 289th largest and the 334th most expensive postcode out of the 501 postcodes in the B15 area.
B15 3LU is a residential postcode located on Niall Close, Birmingham, B15 with 13 houses and 4 unknown within its bounds.
The most common property type in B15 3LU is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to B15 3LU is Five Ways station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around B15 3LU, 39.1% of property is privately owned outright and 32.7% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around B15 3LU, 18.3% of residents are recorded as possessing school level qualifications and 67.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around B15 3LU, the average age was 37.5 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around B15 3LU, 0.8% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around B15 3LU, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.