B20 (Birmingham) area guide
B20
Birmingham
The B20 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aston, Birmingham, Handsworth, Handsworth Wood, Lozells and East Handsworth, Perry Barr.
Notes:
A Mouseprice property guide for B20 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B20 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B20 is 12184 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 £135845.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 7.
New transactions as a percentage of overall sales are 0.8%.
Housing stock:
If you are specifically looking to buy Semi- Detached Houses, this would be an excellent area for you to explore, with 31.1% of properties being this type.
The least common type of property in this area is Detached Houses (15% of the total housing stock).
Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 23.1%.
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 £144004.
Who lives here:
The average age in this area is 30.
Single people make up 39.2% of the population in this postcode district.
Average working hours in this area for men are 40 and for women are 33.
This area has 43 people per square kilometre.
This area has high unemployment at 6.8%. Those in work tend to find jobs in the Health & Social Work or Wholesale & Retail sectors.