B6 (Birmingham) area guide

B6
Birmingham
The B6 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aston, Birmingham, Holford, Nechells, Oscott, Perry Barr, Witton.
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Notes:

A Mouseprice property guide for B6 Birmingham is coming soon. In the meantime, please have a look at the raw data and statistics about B6 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 B60 is 10225 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 propertyOver the last 3 months, the average property value for this postcode district has been £213264.

Birmingham propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 8.2.

Birmingham propertyNew transactions as a percentage of overall sales are 28.3%.

Housing stock:

Bromsgrove propertyDetached Houses make up the most significant portion of the housing stock, representing 39.7% of the total.

Bromsgrove propertyThe least common type of property in this area is Flats (12% of the total housing stock).

Bromsgrove propertyThis is an area with a high proportion of property suitable for families with children.

Bromsgrove propertySocially rented accommodation represents 13.3% of the total rented accommodation in the area.

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

Bromsgrove propertyThe average price of a two bed property in this area is less that the national average of £187894 at £179282.

Who lives here:

Bromsgrove propertyBromsgrove propertyThe average age in this area is 40.
Bromsgrove propertyThis area has a high percentage of married people at 23.1%.
Bromsgrove propertyAverage working hours in this area for men are 43 and for women are 31.
Bromsgrove propertyThis area has 5.6 people per square kilometre.
Bromsgrove propertyThe largest source of work in this area is Health & Social Work (19.3% of workers), followed by Wholesale & Retail (15.2%).