Postcode District:
B4
Postcode District Name:
Birmingham
Location:
The B4 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aston, Birmingham, Ladywood, Nechells.
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Amenities:
Notes:
If you have any comments about B4 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about B4" section.
A Mouseprice property guide for B4 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B4 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B4 is 254 homes.
Property in this postcode district (B4) 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 £161343 over the last 3 months.
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 10.
New transactions as a percentage of overall sales are 8.9%.
Housing stock:
Over half of the properties in the area are Flats, at 65.7% of the total housing stock.
The least common type of property in this area is Detached Houses (5.5% of the total housing stock).
The property in this area caters well for retirees and young couples who do not have large families.
There is a high proportion of temporary housing in this area at 2%.
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.
Who lives here:
The population of this postcode district is 3014.
This is one of the youngest places in the country, with an average age of 21.
Single people make up 94.3% of the population in this postcode district.
Average working hours in this area for men are 29 and for women are 22.
This area has 15.1 people per square kilometre.
Job prospects in this area are good with low unemployment (1.9%). Most jobs are found in the Wholesale & Retail and Construction sectors.
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