B1 2EL is a residential postcode situated on Edward Street, Birmingham, B1 with 45 addresses.
It ranks as the 860th largest and 637th most expensive of the 1,070 postcodes in the B1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 45 properties: 45 flats.
B1 2EL is a residential postcode situated on Edward Street, Birmingham, B1 with 45 addresses.
It ranks as the 860th largest and 637th most expensive of the 1,070 postcodes in the B1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 45 properties: 45 flats.
Sale prices range from £134,489 for 1 bedroom leasehold flats with a balcony (462 ft2) to £227,123 for 3 bedroom leasehold flats with a balcony (1,388 ft2) .
Monthly rental prices range from £693 pcm for 1 bed flats to £1,180 pcm for 3 bed flats.
The gross rental yield is between 6.1% and 6.3%.
The average value per square foot is £246.
The last sale in B1 2EL sold for £145,000 on 9th February 2024. Since then prices are down an average of 10.7%.
The current average value in the postcode is £163,871.
The B1 2EL Sales Market has decreased by 0.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -9.6% | £163,871 |
| April 2025 | -0.8% | £181,245 |
| April 2024 | -3% | £182,623 |
| April 2023 | -2.2% | £188,341 |
| April 2022 | 4% | £192,497 |
| April 2021 | -1.7% | £185,105 |
| April 2020 | -0.5% | £188,262 |
| April 2019 | 2.2% | £189,176 |
| April 2018 | 5.3% | £185,057 |
| April 2017 | 6.5% | £175,671 |
| April 2016 | 10.8% | £164,884 |
| April 2015 | 5.8% | £148,752 |
| April 2014 | 6.7% | £140,570 |
| April 2013 | 2.1% | £131,726 |
| April 2012 | -5.9% | £129,010 |
| April 2011 | 0.7% | £137,042 |
| April 2010 | 10% | £136,153 |
| April 2009 | -24% | £123,769 |
| April 2008 | -6.6% | £162,798 |
| April 2007 | 0% | £174,304 |
The current average rental value in the postcode is £852.
The B1 2EL Rental Market has increased by 18.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £852pcm |
| April 2025 | -1.3% | £853pcm |
| April 2024 | 3.9% | £864pcm |
| April 2023 | 10.9% | £831pcm |
| April 2022 | 10.9% | £750pcm |
| April 2021 | -4.6% | £676pcm |
| April 2020 | 1% | £709pcm |
| April 2019 | -1.8% | £702pcm |
| April 2018 | 0.7% | £714pcm |
| April 2017 | -1.4% | £709pcm |
| April 2016 | 5.3% | £719pcm |
| April 2015 | 4.6% | £683pcm |
| April 2014 | 1.9% | £653pcm |
| April 2013 | 0.6% | £640pcm |
| April 2012 | 0% | £637pcm |
| April 2011 | 0.4% | £637pcm |
| April 2010 | -0.2% | £634pcm |
| April 2009 | -5.8% | £635pcm |
| April 2008 | 0.3% | £675pcm |
| April 2007 | 0% | £672pcm |
The last sale was on 9th February 2024 for £145,000 and since then the market in the area has decreased by 10.7%. The postcode has had a total of 108 sales since 1995.
B1 2EL has seen 3 sales in the last three years and no sales in the last twelve months.
B1 2EL is the 860th largest and the 637th most expensive postcode out of the 1,070 postcodes in the B1 area.
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The closest station to B1 2EL is Birmingham Snow Hill station which is 900 metres away.
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