Estate Agents active nearby!
Postcode Overview
of B38 8LB
B38 8LB is a residential postcode located on Nearhill Road, Birmingham, B38. It is the 79th largest postcode in the B38 area.
It contains 5 houses and 1 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in B38 8LB
The average house value is £224,861. Sales values have increased in the last 12 months by 5.4% and Rental values have increased by 4.0%.
Property sale values range from £206,614 for a freehold house, with 3 bedrooms split across 735 square feet of gross internal area and has a garden to £227,971 for a freehold house, with 3 bedrooms split across 915 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B38 8LB is £253/ft2.
Properties achieve a rental yield of between 6.1% and 6.5%, and rental values range from £1,123 to £1,164 per month.
Recent sales
within B38 8LB
The last sale was 31 Jan 2022 for £210,000 and since then the market in the area has increased by 10.7%. The postcode has had a total of 4 sales since 1995.
B38 8LB has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to B38 8LB
B38 8LB is the 79th largest and the 247th most expensive postcode out of the 462 postcodes in the B38 area.
Nearby postcodes
to B38 8LB
B38 8LB is the 79th largest and the 247th most expensive postcode out of the 462 postcodes in the B38 area.
Property types
in B38 8LB
B38 8LB is a residential postcode located on Nearhill Road, Birmingham, B38 with 5 houses and 1 unknown within its bounds.
The most common property type in B38 8LB is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within B38 8LB
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to B38 8LB
Public transport nearby
to B38 8LB
The closest station to B38 8LB is Northfield station which is 1.6 kilometres away.
