Postcode District:
B15
Postcode District Name:
Birmingham
Location:
The B15 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Birmingham, Edgbaston, Harborne, Ladywood.
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Amenities:
Notes:
If you have any comments about B15 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about B15" section.
A Mouseprice property guide for B15 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B15 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in B15 is 6079 homes.
The postcode district B15 has been experiencing annual growth of 12.4% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
The average property in this postcode district was valued at £262552 over the last 3 months.
When examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 8.2. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 11.3%.
Housing stock:
Over half of the properties in the area are Flats, at 60.1% of the total housing stock.
The least common type of property in this area is Semi- Detached Houses (6.5% of the total housing stock).
The property in this area caters well for retirees and young couples who do not have large families.
A high proportion of property in this area is socially rented.
A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.
The average price of a two bed property in this area is higher than the national average of £187894 at £196598.
Who lives here:
The population of this postcode district is 15129.
This is one of the youngest places in the country, with an average age of 28.
Single people make up 57.9% of the population in this postcode district.
Average working hours in this area for men are 41 and for women are 32.
This area has 23.3 people per square kilometre.
The largest source of work in this area is Real Estate (19.5% of workers), followed by Financial Intermediation (18.8%).
This area has one of the highest proportions of degree educated people in the country, at 34.5%.
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