B78 1LQ is a residential postcode located on Knight Close, Polesworth, Tamworth, B78. It is the 330th largest postcode in the B78 area.
It contains 18 houses and the most common type of property is a modern house built after 1980.
The average house value is £315,319. Sales values have decreased in the last 12 months by 0.6% and Rental values have increased by 3.3%.
Property sale values range from £271,708 for a freehold house, with 3 bedrooms split across 850 square feet of gross internal area and has a garden to £376,864 for a freehold house, with 4 bedrooms split across 1,539 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B78 1LQ is £279/ft2.
Properties achieve a rental yield of between 4.8% and 5.5%, and rental values range from £1,241 to £1,522 per month.
The last sale was 26 Apr 2024 for £248,000 and since then the market in the area as increased by 0%. The postcode has had a total of 4 sales since 1995.
B78 1LQ has seen 4 sales in the last three years and 2 sales in the last twelve months.
B78 1LQ is the 330th largest and the 396th most expensive postcode out of the 601 postcodes in the B78 area.
B78 1LQ is a residential postcode located on Knight Close, Polesworth, Tamworth, B78 with 18 houses within its bounds.
The most common property type in B78 1LQ is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to B78 1LQ is Polesworth station which is 1.4 km 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 B78 1LQ, 33.9% of property is privately owned outright and 31.5% is privately owned with a mortgage.
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 B78 1LQ, 22.4% of residents are recorded as possessing school level qualifications and 28.9% 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 B78 1LQ, the average age was 43.4 and the most common age was 57.
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 B78 1LQ, 0.3% 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 B78 1LQ, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.