Be the first Estate
Agent here!
5 Florence Street is a residential building situated on Florence Street, Birmingham, B1 with 34 addresses.
It ranks as the 648th largest and 674th most expensive of the 775 buildings in the B1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 34 properties: 34 flats.
5 Florence Street is a residential building situated on Florence Street, Birmingham, B1 with 34 addresses.
It ranks as the 648th largest and 674th most expensive of the 775 buildings in the B1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 34 properties: 34 flats.
Sale prices range from £197,162 for 2 bedroom leasehold flats (527 ft2) to £237,814 for 2 bedroom leasehold flats (775 ft2) .
Monthly rental prices range from £860 pcm for 2 bed flats to £1,016 pcm for 2 bed flats.
The gross rental yield is between 5.1% and 5.2%.
The average value per square foot is £326.
The last sale in 5 Florence Street sold for £360,608 on 6th October 2023. Since then prices are down an average of 11.8%.
The current average value in the building is £227,361.
The 5 Florence Street Sales Market has decreased by 2.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -9.2% | £227,361 |
| May 2025 | -1.3% | £250,290 |
| May 2024 | -3.2% | £253,652 |
| May 2023 | -1.2% | £262,168 |
| May 2022 | 1.7% | £265,470 |
| May 2021 | -0.4% | £261,086 |
| May 2020 | 2.4% | £262,169 |
| May 2019 | -1.8% | £256,024 |
| May 2018 | 4.3% | £260,736 |
| May 2017 | 7% | £249,936 |
| May 2016 | 9.3% | £233,490 |
| May 2015 | 6.8% | £213,586 |
| May 2014 | 2.3% | £199,904 |
| May 2013 | 2.4% | £195,402 |
| May 2012 | -4.2% | £190,854 |
| May 2011 | 0.2% | £199,302 |
| May 2010 | 8.3% | £198,819 |
| May 2009 | -19.8% | £183,540 |
| May 2008 | -8.7% | £228,727 |
| May 2007 | 0% | £250,543 |
The current average rental value in the building is £976.
The 5 Florence Street Rental Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £976pcm |
| May 2025 | 0% | £979pcm |
| May 2024 | 6.5% | £979pcm |
| May 2023 | 10% | £919pcm |
| May 2022 | 9.9% | £836pcm |
| May 2021 | -1% | £760pcm |
| May 2020 | -0.4% | £768pcm |
| May 2019 | -0.5% | £771pcm |
| May 2018 | -1.8% | £775pcm |
| May 2017 | 0.4% | £789pcm |
| May 2016 | 6.1% | £786pcm |
| May 2015 | 2.6% | £741pcm |
| May 2014 | 2.6% | £722pcm |
| May 2013 | 0.9% | £703pcm |
| May 2012 | 0.3% | £697pcm |
| May 2011 | 2.1% | £695pcm |
| May 2010 | 0.3% | £681pcm |
| May 2009 | -5.9% | £679pcm |
| May 2008 | 0.9% | £722pcm |
| May 2007 | 0% | £715pcm |
The last sale was on 6th October 2023 for £360,608 and since then the market in the area has decreased by 11.8%. The building has had a total of 31 sales since 1995.
5, Florence Street, Birmingham, B1 1NX has seen 29 sales in the last three years and no sales in the last twelve months.
The closest station to 5, Florence Street, Birmingham, B1 1NX is Birmingham New Street station which is 600 metres away.
Be the first Estate
Agent here!
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Florence Street, Birmingham, B1 1NX, 52.4% of property is privately rented and 25.7% is socially rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Florence Street, Birmingham, B1 1NX, 37.5% of residents are recorded as possessing school level qualifications and 59.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Florence Street, Birmingham, B1 1NX, the average age was 31.7 and the most common age was 27.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Florence Street, Birmingham, B1 1NX, 0.6% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Florence Street, Birmingham, B1 1NX, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.