B31 5LZ is a residential postcode located on Frankley Beeches Road, Birmingham, B31. It is the 821st largest postcode in the B31 area.
It contains 31 residential addresses consisting of 16 houses, 6 flats and 9 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £219,268. Sales values have increased in the last 12 months by 5.9% and Rental values have increased by 4.8%.
Property sale values range from £88,903 for a leasehold flat, with 2 bedrooms split across 527 square feet of gross internal area and has a garden to £242,165 for a freehold house, with 4 bedrooms split across 1,087 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 5LZ is £236/ft2.
Properties achieve a rental yield of between 6% and 8.5%, and rental values range from £631 to £1,214 per month.
The last sale was 14 Dec 2021 for £199,950 and since then the market in the area has increased by 15.8%. The postcode has had a total of 4 sales since 1995.
B31 5LZ has seen 2 sales in the last three years and no sales in the last twelve months.
B31 5LZ is the 821st largest and the 558th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 5LZ is the 821st largest and the 558th most expensive postcode out of the 1,126 postcodes in the B31 area.
B31 5LZ is a residential postcode located on Frankley Beeches Road, Birmingham, B31 with 16 houses, 6 flats and 9 unknown within its bounds.
The most common property type in B31 5LZ is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to B31 5LZ is Northfield station which is 1.6 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 5LZ, 38.3% of property is privately owned with a mortgage and 35.2% 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 5LZ, 27.2% of residents are recorded as possessing school level qualifications and 30.4% 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 5LZ, the average age was 35.4 and the most common age was 7.
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 5LZ, 0.0% 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 5LZ, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.