Postcode District:
B9
Postcode District Name:
Birmingham
Location:
The B9 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Birmingham, Bordesley, Bordesley Green, Nechells, Small Heath.
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Amenities:
Notes:
If you have any comments about B9 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about B9" section.
A Mouseprice property guide for B9 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B9 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B9 is 7823 homes.
The postcode district B9 has been experiencing annual growth of 12.4% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea 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 £105102 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 6.9.
New transactions as a percentage of overall sales are 1.6%.
Housing stock:
The most commonly found type of housing in this area are Terraced Houses, making up 46.9% of the housing stock.
Detached Houses account for the lowest percentage of the housing stock in this district, at only 6%.
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.
A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.
The average price of a two bed property in this area is £104183, significantly less then the national average of £187894.
Who lives here:
Total population in this area is 21637.
This is one of the youngest places in the country, with an average age of 27.
This area has a high percentage of married people at 35%.
Average working hours in this area for men are 39 and for women are 32.
This area has 44 people per square kilometre.
This area has high unemployment at 8%. Those in work tend to find jobs in the Health & Social Work or Wholesale & Retail sectors.
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