B37 (Birmingham) area guide

B37
Birmingham
The B37 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bickenhill, Birmingham, Birmingham Business Park, Chelmsley Wood, Fordbridge, Kingshurst, Kingshurst and Fordbridge, Marston Green, Shard End, Smith's Wood, Solihull, Tyburn.
N/A
N/A


Notes:

A Mouseprice property guide for B37 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B37 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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:

Birmingham propertyThe size of the property market in B37 is 15069 homes.

Birmingham propertyWhen 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.

Birmingham propertyThe average property in this postcode district was valued at £134715 over the last 3 months.

Birmingham propertyWhen 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 9.8.

Birmingham propertyNew transactions as a percentage of overall sales are 14.1%.

Housing stock:

Birmingham propertyThe most commonly found type of housing in this area are Terraced Houses, making up 33.3% of the housing stock.

Birmingham propertyFor those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 7.8% are this type.

Birmingham propertyThe property in this area caters well for retirees and young couples who do not have large families.

Birmingham propertyA high proportion of property in this area is socially rented.

Birmingham propertyThe majority of property in this area is owner occupied.

Birmingham propertyThe average price of a two bed property in this area is less that the national average of £187894 at £130127.

Who lives here:

Birmingham propertyBirmingham propertyThe average age in this area is 34.
Birmingham propertySingle people make up 33.3% of the population in this postcode district.
Birmingham propertyAverage working hours in this area for men are 41 and for women are 31.
Birmingham propertyThis area has 30.2 people per square kilometre.
Birmingham propertyThe largest source of work in this area is Health & Social Work (19.9% of workers), followed by Wholesale & Retail (17.3%).