B31 1RZ is a residential postcode located on Hoggs Lane, Birmingham, B31. It is the 6th largest postcode in the B31 area.
It contains 1 house and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £280,476. Sales values have increased in the last 12 months by 5.7% and Rental values have increased by 4.7%.
Property sale values range from £280,476 for a freehold house, with 3 bedrooms split across 990 square feet of gross internal area and has a garden to £280,476 for a freehold house, with 3 bedrooms split across 990 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 1RZ is £283/ft2.
Properties achieve a rental yield of between 5.3% and 5.3%, and rental values range from £1,238 to £1,238 per month.
The last sale was 17 Feb 2023 for £265,000 and since then the market in the area has increased by 8.6%. The postcode has had a total of 2 sales since 1995.
B31 1RZ has seen 1 sale in the last three years and no sales in the last twelve months.
B31 1RZ is the 6th largest and the 887th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 1RZ is the 6th largest and the 887th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 1RZ is a residential postcode located on Hoggs Lane, Birmingham, B31 with 1 house within its bounds.
The most common property type in B31 1RZ is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to B31 1RZ is Northfield station which is 1.3 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 1RZ, 34.9% of property is privately owned outright and 32.1% 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 1RZ, 20.8% of residents are recorded as possessing school level qualifications and 26.3% 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 1RZ, the average age was 35.4 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 1RZ, 0.4% 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 B31 1RZ, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.