B31 3QT is a residential postcode located on Cofton Road, Birmingham, B31. It is the 991st largest postcode in the B31 area.
It contains 42 residential addresses consisting of 3 houses, 25 flats and 14 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £113,633. Sales values have increased in the last 12 months by 3.8% and Rental values have increased by 2.9%.
Property sale values range from £100,267 for a freehold house, with 3 bedrooms split across 753 square feet of gross internal area and has a garden to £152,310 for a freehold house, with 5 bedrooms split across 1,636 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 3QT is £151/ft2.
Properties achieve a rental yield of between 5.1% and 7.9%, and rental values range from £580 to £746 per month.
The last sale was 26 Apr 2019 for £110,000 and since then the market in the area has increased by 28.7%. The postcode has had a total of 4 sales since 1995.
B31 3QT has seen no sales in the last three years and no sales in the last twelve months.
B31 3QT is the 991st largest and the 75th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 3QT is the 991st largest and the 75th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 3QT is a residential postcode located on Cofton Road, Birmingham, B31 with 3 houses, 25 flats and 14 unknown within its bounds.
The most common property type in B31 3QT is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to B31 3QT is Longbridge station which is 1.2 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 3QT, 29.9% of property is privately owned outright and 29.9% 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 3QT, 17.8% of residents are recorded as possessing school level qualifications and 20.4% 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 3QT, the average age was 37 and the most common age was 12.
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 3QT, 0.7% 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 3QT, 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.