B31 3XD is a residential postcode located on Old Bank Top, Birmingham, B31. It is the 837th largest postcode in the B31 area.
It contains 32 residential addresses consisting of 11 houses, 17 flats and 4 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £121,152. Sales values have increased in the last 12 months by 4.1% and Rental values have increased by 3.0%.
Property sale values range from £61,044 for a studio leasehold flat of 248 square feet and has no outside space to £253,478 for a leasehold house, with 3 bedrooms split across 840 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 3XD is £301/ft2.
Properties achieve a rental yield of between 5.6% and 8.5%, and rental values range from £431 to £1,183 per month.
The last sale was 01 Nov 2023 for £147,500 and since then the market in the area has increased by 4.3%. The postcode has had a total of 4 sales since 1995.
B31 3XD has seen 4 sales in the last three years and 1 sale in the last twelve months.
B31 3XD is the 837th largest and the 110th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 3XD is the 837th largest and the 110th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 3XD is a residential postcode located on Old Bank Top, Birmingham, B31 with 11 houses, 17 flats and 4 unknown within its bounds.
The most common property type in B31 3XD 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 C.
The closest station to B31 3XD is Northfield station which is 400 metres 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 3XD, 35.1% of property is privately owned with a mortgage and 33.8% 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 3XD, 19.0% of residents are recorded as possessing school level qualifications and 27.0% 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 3XD, the average age was 42.3 and the most common age was 57.
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 3XD, 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 3XD, 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.