B45 8RA is a residential postcode located on Dowar Road, Rednal, Birmingham, B45. It is the 666th largest postcode in the B45 area.
It contains 37 houses and 15 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £241,655. Sales values have increased in the last 12 months by 5.0% and Rental values have increased by 3.5%.
Property sale values range from £174,078 for a leasehold house, with 3 bedrooms split across 827 square feet of gross internal area and has a garden to £294,473 for a freehold house, with 4 bedrooms split across 1,281 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B45 8RA is £272/ft2.
Properties achieve a rental yield of between 5.3% and 6.3%, and rental values range from £863 to £1,293 per month.
The last sale was 02 Feb 2024 for £241,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 4 sales since 1995.
B45 8RA has seen 4 sales in the last three years and 1 sale in the last twelve months.
B45 8RA is the 666th largest and the 319th most expensive postcode out of the 688 postcodes in the B45 area.
B45 8RA is the 666th largest and the 319th most expensive postcode out of the 688 postcodes in the B45 area.
B45 8RA is a residential postcode located on Dowar Road, Rednal, Birmingham, B45 with 37 houses and 15 unknown within its bounds.
The most common property type in B45 8RA 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 B45 8RA is Longbridge station which is 1.3 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 B45 8RA, 51.0% of property is privately owned with a mortgage and 27.1% is privately owned outright.
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 B45 8RA, 17.4% of residents are recorded as possessing school level qualifications and 26.9% 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 B45 8RA, the average age was 38.1 and the most common age was 32.
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 B45 8RA, 0.5% 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 B45 8RA, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.