B29 7LU is a residential postcode located on Southbourne Close, Selly Park, Birmingham, B29. It is the 210th largest postcode in the B29 area.
It contains 8 houses and 2 unknown and the most common type of property is a modern house built after 1980.
The average house value is £749,459. Sales values have increased in the last 12 months by 3.3% and Rental values have increased by 0.2%.
Property sale values range from £700,723 for a freehold house, with 4 bedrooms split across 1,399 square feet of gross internal area and has a garden to £836,028 for a freehold house, with 5 bedrooms split across 1,848 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B29 7LU is £490/ft2.
Properties achieve a rental yield of between 2.8% and 2.8%, and rental values range from £1,657 to £1,953 per month.
The last sale was 19 Jul 2019 for £685,000 and since then the market in the area has increased by 16.9%. The postcode has had a total of 4 sales since 1995.
B29 7LU has seen no sales in the last three years and no sales in the last twelve months.
B29 7LU is the 210th largest and the 757th most expensive postcode out of the 781 postcodes in the B29 area.
B29 7LU is the 210th largest and the 757th most expensive postcode out of the 781 postcodes in the B29 area.
B29 7LU is a residential postcode located on Southbourne Close, Selly Park, Birmingham, B29 with 8 houses and 2 unknown within its bounds.
The most common property type in B29 7LU is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to B29 7LU is Selly Oak station which is 1.0 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 B29 7LU, 65.1% of property is privately owned outright and 27.4% is privately owned with a mortgage.
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 B29 7LU, 17.8% of residents are recorded as possessing school level qualifications and 69.2% 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 B29 7LU, the average age was 37.7 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 B29 7LU, 3.4% 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 B29 7LU, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.