The average house value is £129,355. 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 £63,680 for a studio leasehold flat of 258 square feet and has no outside space to £220,521 for a freehold house, with 3 bedrooms split across 850 square feet of gross internal area and has a garden.

Average £/ft² for properties in B45 9LZ is £246/ft².

Properties achieve a rental yield of between 6% and 7.9%, and rental values range from £420 to £1,113 per month.

The last sale was 15 Dec 2022 for £178,000 and since then the market in the area has increased by 6.1%. The postcode has had a total of 4 sales since 1995.

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

B45 9LZ is the 589th largest and the 49th most expensive postcode out of the 688 postcodes in the B45 area.

B45 9LZ is the 589th largest and the 49th most expensive postcode out of the 688 postcodes in the B45 area.

B45 9LZ is a residential postcode located on Newman Way, Rednal, Birmingham, B45 with 13 houses, 16 flats and 10 unknown within its bounds.

The most common property type in B45 9LZ is a mid-century flat built between 1936 and 1979.

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