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Postcode Overview
of B5 7LR
B5 7LR is a residential postcode located on Varden Croft, Birmingham, B5. It is the 643rd largest postcode in the B5 area.
It contains 33 houses and 7 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in B5 7LR
The average house value is £274,895. Sales values have increased in the last 12 months by 4.7% and Rental values have increased by 3.5%.
Property sale values range from £206,629 for a freehold house, with 2 bedrooms split across 518 square feet of gross internal area and has a garden to £327,704 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 B5 7LR is £295/ft2.
Properties achieve a rental yield of between 4.6% and 4.8%, and rental values range from £832 to £1,290 per month.
Recent sales
within B5 7LR
The last sale was 27 Sep 2023 for £304,250 and since then the market in the area has increased by 4.3%. The postcode has had a total of 4 sales since 1995.
B5 7LR has seen 1 sale in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to B5 7LR
B5 7LR is the 643rd largest and the 658th most expensive postcode out of the 766 postcodes in the B5 area.
Nearby postcodes
to B5 7LR
B5 7LR is the 643rd largest and the 658th most expensive postcode out of the 766 postcodes in the B5 area.
Property types
in B5 7LR
B5 7LR is a residential postcode located on Varden Croft, Birmingham, B5 with 33 houses and 7 unknown within its bounds.
The most common property type in B5 7LR is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within B5 7LR
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to B5 7LR
Public transport nearby
to B5 7LR
The closest station to B5 7LR is Five Ways station which is 1.3 kilometres away.
