B78 3QD is a residential postcode located on Mill Lane, Fazeley, Tamworth, B78. It is the 600th largest postcode in the B78 area.
It contains 68 residential addresses consisting of 33 houses and 35 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £134,135. Sales values have decreased in the last 12 months by 0.5% and Rental values have increased by 2.2%.
Property sale values range from £107,398 for a leasehold flat, with 2 bedrooms split across 592 square feet of gross internal area and has no outside space to £340,475 for a freehold house, with 4 bedrooms split across 1,714 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B78 3QD is £198/ft2.
Properties achieve a rental yield of between 5.1% and 7.4%, and rental values range from £662 to £1,477 per month.
The last sale was 03 Jul 2020 for £185,000 and since then the market in the area as increased by 12.5%. The postcode has had a total of 4 sales since 1995.
B78 3QD has seen no sales in the last three years and no sales in the last twelve months.
B78 3QD is the 600th largest and the 23rd most expensive postcode out of the 601 postcodes in the B78 area.
B78 3QD is a residential postcode located on Mill Lane, Fazeley, Tamworth, B78 with 33 houses and 35 flats within its bounds.
The most common property type in B78 3QD is a mid-century flat built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to B78 3QD is Wilnecote (Staffs) station which is 1.6 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 3QD, 58.1% of property is socially rented and 25.0% 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 B78 3QD, 11.0% of residents are recorded as possessing school level qualifications and 17.1% 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 3QD, the average age was 41.5 and the most common age was 22.
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 3QD, 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 B78 3QD, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.