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Postcode Overview
of B31 1AX
B31 1AX is a residential postcode located on Cromwell Lane, Birmingham, B31. It is the 301st largest postcode in the B31 area.
It contains 8 houses and 4 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in B31 1AX
The average house value is £172,794. Sales values have increased in the last 12 months by 5.2% and Rental values have increased by 3.2%.
Property sale values range from £158,033 for a leasehold house, with 3 bedrooms split across 720 square feet of gross internal area and has a garden to £204,871 for a freehold house, with 4 bedrooms split across 1,206 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 1AX is £202/ft2.
Properties achieve a rental yield of between 6% and 7%, and rental values range from £924 to £1,040 per month.
Recent sales
within B31 1AX
The last sale was 12 Feb 2024 for £173,000 and since then the market in the area has increased by 4.8%. The postcode has had a total of 4 sales since 1995.
B31 1AX has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to B31 1AX
B31 1AX is the 301st largest and the 255th most expensive postcode out of the 1,126 postcodes in the B31 area.
Nearby postcodes
to B31 1AX
B31 1AX is the 301st largest and the 255th most expensive postcode out of the 1,126 postcodes in the B31 area.
Property types
in B31 1AX
B31 1AX is a residential postcode located on Cromwell Lane, Birmingham, B31 with 8 houses and 4 unknown within its bounds.
The most common property type in B31 1AX is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within B31 1AX
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to B31 1AX
Public transport nearby
to B31 1AX
The closest station to B31 1AX is Northfield station which is 3.3 kilometres away.
