B31 3PL is a residential postcode located on Westminster Place, Birmingham, B31. It is the 1109th largest postcode in the B31 area.
It contains 67 residential addresses consisting of 31 houses and 36 flats and the most common type of property is a modern flat built after 1980.
The average house value is £170,320. Sales values have increased in the last 12 months by 4.8% and Rental values have increased by 3.6%.
Property sale values range from £108,908 for a leasehold flat, with 1 bedrooms split across 344 square feet of gross internal area and has no outside space to £367,585 for a freehold house, with 4 bedrooms split across 1,298 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 3PL is £264/ft2.
Properties achieve a rental yield of between 4.3% and 7.2%, and rental values range from £650 to £1,329 per month.
The last sale was 08 Mar 2024 for £94,500 and since then the market in the area has increased by 3.4%. The postcode has had a total of 4 sales since 1995.
B31 3PL has seen 4 sales in the last three years and 3 sales in the last twelve months.
B31 3PL is the 1109th largest and the 245th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 3PL is the 1109th largest and the 245th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 3PL is a residential postcode located on Westminster Place, Birmingham, B31 with 31 houses and 36 flats within its bounds.
The most common property type in B31 3PL is a modern flat 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 3PL is Longbridge station which is 1.4 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 3PL, 35.7% of property is privately owned with a mortgage and 34.8% is privately owned outright.
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 3PL, 20.7% of residents are recorded as possessing school level qualifications and 27.1% 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 3PL, the average age was 40.4 and the most common age was 32.
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 3PL, 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 3PL, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.