|
|
B42 (Birmingham) area guide
Have your say - click here to share your opinions on b42
|
 |
Postcode District:
B42
Postcode District Name:
Birmingham
Location:
The B42 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aston, Birmingham, Great Barr, Hampstead Industrial Estate, Handsworth Wood, Newton, Oscott, Perry Barr.
|
|
History:
|
|
Present Day:
|
|
Amenities:
Notes:
If you have any comments about B42 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about B42" section.
A Mouseprice property guide for B42 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B42 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B42 is 9608 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.
During the last 3 months, property in this postcode district has averaged a value of £126840.
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 7.2.
New transactions as a percentage of overall sales are 2.7%.
Housing stock:
Over half of the properties in the area are Semi- Detached Houses, at 64.5% of the total housing stock.
The least common type of property in this area is Detached Houses (4.7% of the total housing stock).
This is an area with a high proportion of property suitable for families with children.
Socially rented accommodation represents 8.5% 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 less that the national average of £187894 at £135843.
Who lives here:
Total population in this area is 23456.
The average age in this area is 35.
This area has a high percentage of married people at 33.2%.
Average working hours in this area for men are 41 and for women are 31.
This area has 29.9 people per square kilometre.
The largest source of work in this area is Health & Social Work (20.6% of workers), followed by Wholesale & Retail (16.3%).
|