Postcode District:
B48
Postcode District Name:
Alvechurch
Location:
The B48 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Alvechurch, Birmingham, Bromsgrove, Hillside, Hopwood, Longbridge, Portway, Rowney Green, Tanworth, Tardebigge, Warwickshire, Withybed Green, Worcestershire, Wythall South.
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Amenities:
Notes:
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A Mouseprice property guide for B48 Alvechurch is coming soon. In the meantime, please have a look at the raw data and statistics about B48 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B48 is 2206 homes.
Property in this postcode district (B48) 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.
Average property prices in this postcode district over the last three months have been approximately £235712.
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 8.7.
New transactions as a percentage of overall sales are 3.2%.
Housing stock:
Semi- Detached Houses make up the most significant portion of the housing stock, representing 41.3% of the total.
Flats account for the lowest percentage of the housing stock in this district, at only 6.2%.
This is an area with a high proportion of property suitable for families with children.
There is a high proportion of temporary housing in this area at 3.9%.
Socially rented accommodation represents 9.9% 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 £207798.
Who lives here:
The population of this postcode district is 5326.
The average age in this area is 42.
This area has a high percentage of married people at 22.7%.
Average working hours in this area for men are 43 and for women are 32.
This area has 2 people per square kilometre.
The largest source of work in this area is Health & Social Work (18% of workers), followed by Wholesale & Retail (15%).
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