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Postcode Overview
of B31 3LR
B31 3LR is a residential postcode located on The Fordrough, Northfield, Birmingham, B31. It is the 716th largest postcode in the B31 area.
It contains 26 residential addresses consisting of 7 houses, 10 flats and 9 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in B31 3LR
The average house value is £94,654. Sales values have increased in the last 12 months by 3.8% and Rental values have increased by 2.5%.
Property sale values range from £87,479 for a leasehold flat, with 1 bedrooms split across 474 square feet of gross internal area and has no outside space to £173,360 for a freehold house, with 3 bedrooms split across 1,022 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 3LR is £182/ft2.
Properties achieve a rental yield of between 6.3% and 8.5%, and rental values range from £614 to £912 per month.
Recent sales
within B31 3LR
The last sale was 29 Jul 2022 for £90,000 and since then the market in the area has increased by 7.2%. The postcode has had a total of 4 sales since 1995.
B31 3LR has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to B31 3LR
B31 3LR is the 716th largest and the 40th most expensive postcode out of the 1,126 postcodes in the B31 area.
Nearby postcodes
to B31 3LR
B31 3LR is the 716th largest and the 40th most expensive postcode out of the 1,126 postcodes in the B31 area.
Property types
in B31 3LR
B31 3LR is a residential postcode located on The Fordrough, Northfield, Birmingham, B31 with 7 houses, 10 flats and 9 unknown within its bounds.
The most common property type in B31 3LR is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within B31 3LR
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to B31 3LR
Public transport nearby
to B31 3LR
The closest station to B31 3LR is Northfield station which is 1.0 kilometres away.
