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Postcode Overview
of B31 3XE
B31 3XE is a residential postcode located on Rea Valley Drive, Birmingham, B31. It is the 942nd largest postcode in the B31 area.
It contains 38 residential addresses consisting of 3 houses, 30 flats and 5 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in B31 3XE
The average house value is £125,972. 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 £63,399 for a studio leasehold flat of 258 square feet and has no outside space to £363,268 for a freehold house, with 5 bedrooms split across 1,668 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 3XE is £244/ft2.
Properties achieve a rental yield of between 4.2% and 8.5%, and rental values range from £447 to £1,276 per month.
Recent sales
within B31 3XE
The last sale was 21 Oct 2022 for £140,000 and since then the market in the area has increased by 6.5%. The postcode has had a total of 4 sales since 1995.
B31 3XE has seen 3 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to B31 3XE
B31 3XE is the 942nd largest and the 122nd most expensive postcode out of the 1,126 postcodes in the B31 area.
Nearby postcodes
to B31 3XE
B31 3XE is the 942nd largest and the 122nd most expensive postcode out of the 1,126 postcodes in the B31 area.
Property types
in B31 3XE
B31 3XE is a residential postcode located on Rea Valley Drive, Birmingham, B31 with 3 houses, 30 flats and 5 unknown within its bounds.
The most common property type in B31 3XE is a modern flat built after 1980.
Energy Efficiency
of properties within B31 3XE
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to B31 3XE
Public transport nearby
to B31 3XE
The closest station to B31 3XE is Northfield station which is 500 metres away.
