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Postcode Overview
of B31 5EG
B31 5EG is a residential postcode located on Tessall Lane, Birmingham, B31. It is the 521st largest postcode in the B31 area.
It contains 13 houses and 5 unknown and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in B31 5EG
The average house value is £240,645. Sales values have increased in the last 12 months by 4.0% and Rental values have increased by 3.1%.
Property sale values range from £179,043 for a leasehold house, with 3 bedrooms split across 743 square feet of gross internal area and has a garden to £302,849 for a freehold house, with 4 bedrooms split across 1,144 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 5EG is £330/ft2.
Properties achieve a rental yield of between 5.1% and 5.9%, and rental values range from £869 to £1,293 per month.
Recent sales
within B31 5EG
The last sale was 14 Feb 2024 for £220,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 4 sales since 1995.
B31 5EG has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to B31 5EG
B31 5EG is the 521st largest and the 694th most expensive postcode out of the 1,126 postcodes in the B31 area.
Nearby postcodes
to B31 5EG
B31 5EG is the 521st largest and the 694th most expensive postcode out of the 1,126 postcodes in the B31 area.
Property types
in B31 5EG
B31 5EG is a residential postcode located on Tessall Lane, Birmingham, B31 with 13 houses and 5 unknown within its bounds.
The most common property type in B31 5EG is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within B31 5EG
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to B31 5EG
Public transport nearby
to B31 5EG
The closest station to B31 5EG is Longbridge station which is 900 metres away.
