B31 1GB is a residential postcode located on Bunford Close, Birmingham, B31. It is the 115th largest postcode in the B31 area.
It contains 5 houses and the most common type of property is a modern house built after 1980.
The average house value is £327,150. Sales values have increased in the last 12 months by 4.8% and Rental values have increased by 2.8%.
Property sale values range from £264,674 for a freehold house, with 3 bedrooms split across 850 square feet of gross internal area and has a garden to £360,684 for a freehold house, with 4 bedrooms split across 1,496 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 1GB is £267/ft2.
Properties achieve a rental yield of between 4.4% and 5.5%, and rental values range from £1,220 to £1,333 per month.
The last sale was 22 Feb 2021 for £320,000 and since then the market in the area has increased by 19.7%. The postcode has had a total of 4 sales since 1995.
B31 1GB has seen 2 sales in the last three years and no sales in the last twelve months.
B31 1GB is the 115th largest and the 1003rd most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 1GB is the 115th largest and the 1003rd most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 1GB is a residential postcode located on Bunford Close, Birmingham, B31 with 5 houses within its bounds.
The most common property type in B31 1GB 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 B.
The closest station to B31 1GB is Northfield station which is 3.1 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 B31 1GB, 33.6% of property is socially rented and 24.0% 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 B31 1GB, 23.7% of residents are recorded as possessing school level qualifications and 32.9% 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 B31 1GB, the average age was 35.9 and the most common age was 7.
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 B31 1GB, 0.0% 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 B31 1GB, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.