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Postcode Overview
of B31 5EW
B31 5EW is a residential postcode located on Illey Close, Birmingham, B31. It is the 721st largest postcode in the B31 area.
It contains 17 houses and 9 unknown and the most common type of property is a modern house built after 1980.
Average property prices
in B31 5EW
The average house value is £275,808. Sales values have increased in the last 12 months by 3.6% and Rental values have increased by 2.3%.
Property sale values range from £248,218 for a freehold house, with 3 bedrooms split across 753 square feet of gross internal area and has a garden to £359,441 for a freehold house, with 4 bedrooms split across 1,454 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 5EW is £300/ft2.
Properties achieve a rental yield of between 4.5% and 5.7%, and rental values range from £1,189 to £1,354 per month.
Recent sales
within B31 5EW
The last sale was 07 Jul 2023 for £260,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 4 sales since 1995.
B31 5EW has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to B31 5EW
B31 5EW is the 721st largest and the 872nd most expensive postcode out of the 1,126 postcodes in the B31 area.
Nearby postcodes
to B31 5EW
B31 5EW is the 721st largest and the 872nd most expensive postcode out of the 1,126 postcodes in the B31 area.
Property types
in B31 5EW
B31 5EW is a residential postcode located on Illey Close, Birmingham, B31 with 17 houses and 9 unknown within its bounds.
The most common property type in B31 5EW is a modern house built after 1980.
Energy Efficiency
of properties within B31 5EW
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
Schools nearby
to B31 5EW
Public transport nearby
to B31 5EW
The closest station to B31 5EW is Longbridge station which is 1.6 kilometres away.
