B5 7FS is a residential postcode located on Vere Street, Birmingham, B5. It is the 262nd largest postcode in the B5 area.
It contains 7 houses and the most common type of property is a modern house built after 1980.
The average house value is £104,029. Sales values have increased in the last 12 months by 2.9% and Rental values have increased by 2.1%.
Property sale values range from £78,335 for a freehold house, with 2 bedrooms split across 646 square feet of gross internal area and has a garden to £104,029 for a leasehold house, with 4 bedrooms split across 1,163 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B5 7FS is £89/ft2.
Properties achieve a rental yield of between 6.7% and 6.7%, and rental values range from £438 to £578 per month.
The last sale was 09 Feb 2024 for £97,500 and since then the market in the area has increased by 4.8%. The postcode has had a total of 1 sales since 1995.
B5 7FS has seen 1 sale in the last three years and 1 sale in the last twelve months.
B5 7FS is the 262nd largest and the 81st most expensive postcode out of the 766 postcodes in the B5 area.
B5 7FS is the 262nd largest and the 81st most expensive postcode out of the 766 postcodes in the B5 area.
B5 7FS is a residential postcode located on Vere Street, Birmingham, B5 with 7 houses within its bounds.
The most common property type in B5 7FS 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 B.
The closest station to B5 7FS is Five Ways station which is 1.0 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 B5 7FS, 58.7% of property is socially rented and 28.6% is privately 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 B5 7FS, 24.9% of residents are recorded as possessing school level qualifications and 46.8% 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 B5 7FS, the average age was 30.3 and the most common age was 27.
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 B5 7FS, 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 B5 7FS, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.