B31 1JR is a residential postcode located on Ley Hill Farm Road, Birmingham, B31. It is the 881st largest postcode in the B31 area.
It contains 35 residential addresses consisting of 23 houses and 12 flats and the most common type of property is a modern house built after 1980.
The average house value is £201,342. Sales values have increased in the last 12 months by 5.1% and Rental values have increased by 3.7%.
Property sale values range from £119,276 for a leasehold flat, with 1 bedrooms split across 420 square feet of gross internal area and has no outside space to £277,705 for a leasehold house, with 4 bedrooms split across 1,163 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 1JR is £278/ft2.
Properties achieve a rental yield of between 5.4% and 7.3%, and rental values range from £724 to £1,268 per month.
The last sale was 12 Jan 2024 for £107,000 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 1JR has seen 4 sales in the last three years and 2 sales in the last twelve months.
B31 1JR is the 881st largest and the 451st most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 1JR is the 881st largest and the 451st most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 1JR is a residential postcode located on Ley Hill Farm Road, Birmingham, B31 with 23 houses and 12 flats within its bounds.
The most common property type in B31 1JR 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 C.
The closest station to B31 1JR is Northfield station which is 1.9 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 1JR, 46.3% of property is privately owned with a mortgage and 21.3% is socially 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 B31 1JR, 19.4% of residents are recorded as possessing school level qualifications and 44.0% 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 B31 1JR, 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 1JR, 0.5% 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 1JR, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.