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B37 (Birmingham) area guide
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Postcode District:
B37
Postcode District Name:
Birmingham
Location:
The B37 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bickenhill, Birmingham, Birmingham Business Park, Chelmsley Wood, Fordbridge, Kingshurst, Kingshurst and Fordbridge, Marston Green, Shard End, Smith's Wood, Solihull, Tyburn.
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History:
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Present Day:
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Amenities:
Notes:
If you have any comments about B37 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about B37" section.
A Mouseprice property guide for B37 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B37 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B37 is 15069 homes.
When compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 12.4%. This could well be because this is a 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 £134715 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 9.8.
New transactions as a percentage of overall sales are 14.1%.
Housing stock:
The most commonly found type of housing in this area are Terraced Houses, making up 33.3% of the housing stock.
For those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 7.8% are this type.
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.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is less that the national average of £187894 at £130127.
Who lives here:
 The average age in this area is 34.
Single people make up 33.3% 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 30.2 people per square kilometre.
The largest source of work in this area is Health & Social Work (19.9% of workers), followed by Wholesale & Retail (17.3%).
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