Postcode District:
B34
Postcode District Name:
Birmingham
Location:
The B34 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Birmingham, Buckland End, Hodge Hill, Kitts Green, Shard End.
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Amenities:
Notes:
If you have any comments about B34 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about B34" section.
A Mouseprice property guide for B34 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B34 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B34 is 8230 homes.
Property in this postcode district (B34) 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.
The average property in this postcode district was valued at £124462 over the last 3 months.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 8.8.
New transactions as a percentage of overall sales are 1.7%.
Housing stock:
The most commonly found type of housing in this area are Semi- Detached Houses, making up 39.1% of the housing stock.
Detached Houses account for the lowest percentage of the housing stock in this district, at only 6.5%.
A high proportion of property in this area is socially rented.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is £116100, significantly less then the national average of £187894.
Who lives here:
There are 8324 men and 9284 women in this postcode district.
The average age in this area is 40.
Single people make up 30.4% of the population in this postcode district.
Average working hours in this area for men are 41 and for women are 31.
This area has 37.7 people per square kilometre.
The largest source of work in this area is Health & Social Work (22.3% of workers), followed by Wholesale & Retail (17.7%).
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