The average house value is £247,551. Sales values have increased in the last 12 months by 5.1% and Rental values have increased by 3.6%.

Property sale values range from £149,873 for a leasehold flat, with 3 bedrooms split across 860 square feet of gross internal area and has no outside space to £287,708 for a freehold house, with 3 bedrooms split across 1,119 square feet of gross internal area and has a garden.

Average £/ft² for properties in B45 9LU is £290/ft².

Properties achieve a rental yield of between 5.3% and 6.3%, and rental values range from £791 to £1,259 per month.

The last sale was 24 Aug 2023 for £200,000 and since then the market in the area has increased by 5.1%. The postcode has had a total of 4 sales since 1995.

B45 9LU has seen 4 sales in the last three years and no sales in the last twelve months.

B45 9LU is the 404th largest and the 330th most expensive postcode out of the 688 postcodes in the B45 area.

B45 9LU is the 404th largest and the 330th most expensive postcode out of the 688 postcodes in the B45 area.

B45 9LU is a residential postcode located on Newman Way, Rednal, Birmingham, B45 with 18 houses, 1 flat and 3 unknown within its bounds.

The most common property type in B45 9LU is a modern house built after 1980.

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.