Postcode District:
B28
Postcode District Name:
Birmingham
Location:
The B28 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Acocks Green, Billesley, Birmingham, Hall Green, Olton, Springfield, Yardley Wood.
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Amenities:
Notes:
If you have any comments about B28 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about B28" section.
A Mouseprice property guide for B28 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B28 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B28 is 11027 homes.
Property in this postcode district (B28) has been growing at a nominal annual rate of 12.4% over the last 5 years. This rate can be indicative ofa 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.
Over the last 3 months, the average property value for this postcode district has been £172487.
Price earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 7.8.
New transactions as a percentage of overall sales are 2.2%.
Housing stock:
Over half of the properties in the area are Semi- Detached Houses, at 59.1% of the total housing stock.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 10.1% are this type.
This is an area with a high proportion of property suitable for families with children.
Socially rented accommodation represents 10.2% of the total rented accommodation in the area.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is higher than the national average of £187894 at £204718.
Who lives here:
Total population in this area is 27492.
The average age in this area is 37.
This area has a high percentage of married people at 28.6%.
Average working hours in this area for men are 41 and for women are 32.
This is one of the most densely populated places in the country, with 47.1 people per square kilometre.
The largest source of work in this area is Health & Social Work (16.3% of workers), followed by Wholesale & Retail (16.1%).
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