B1 2LB is a residential postcode situated on Berkley Street, Birmingham, B1 with 47 addresses.
It ranks as the 878th largest and 762nd 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 47 properties: 47 flats.
B1 2LB is a residential postcode situated on Berkley Street, Birmingham, B1 with 47 addresses.
It ranks as the 878th largest and 762nd 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 47 properties: 47 flats.
Sale prices range from £157,882 for 2 bedroom leasehold flats with a balcony (505 ft2) to £237,917 for 3 bedroom leasehold flats with a balcony (1,194 ft2) .
Monthly rental prices range from £786 pcm for 2 bed flats to £1,165 pcm for 3 bed flats.
The gross rental yield is between 5.7% and 6.1%.
The average value per square foot is £253.
The last sale in B1 2LB sold for £232,000 on 6th June 2022. Since then prices are down an average of 16.8%.
The current average value in the postcode is £177,790.
The B1 2LB Sales Market has decreased by 3.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -9.5% | £177,790 |
| April 2025 | -0.5% | £196,412 |
| April 2024 | -5.4% | £197,357 |
| April 2023 | -1.8% | £208,610 |
| April 2022 | 2.1% | £212,360 |
| April 2021 | 2.1% | £208,042 |
| April 2020 | -1.5% | £203,796 |
| April 2019 | 1.3% | £206,833 |
| April 2018 | 5.7% | £204,220 |
| April 2017 | 5.1% | £193,267 |
| April 2016 | 8.3% | £183,921 |
| April 2015 | 8.2% | £169,798 |
| April 2014 | 1.4% | £156,873 |
| April 2013 | 2.4% | £154,741 |
| April 2012 | -3.6% | £151,179 |
| April 2011 | 0.4% | £156,896 |
| April 2010 | 5.7% | £156,308 |
| April 2009 | -15.9% | £147,823 |
| April 2008 | -5.9% | £175,806 |
| April 2007 | 0% | £186,765 |
The current average rental value in the postcode is £873.
The B1 2LB Rental Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £873pcm |
| April 2025 | -1.2% | £875pcm |
| April 2024 | 6.6% | £886pcm |
| April 2023 | 10.4% | £831pcm |
| April 2022 | 8.2% | £753pcm |
| April 2021 | -1.2% | £696pcm |
| April 2020 | 2% | £705pcm |
| April 2019 | -0.5% | £691pcm |
| April 2018 | 0.2% | £694pcm |
| April 2017 | -1.9% | £693pcm |
| April 2016 | 5.4% | £707pcm |
| April 2015 | 3.5% | £670pcm |
| April 2014 | 2% | £648pcm |
| April 2013 | 0.9% | £635pcm |
| April 2012 | -0.6% | £629pcm |
| April 2011 | 2.3% | £632pcm |
| April 2010 | 0.3% | £618pcm |
| April 2009 | -4.6% | £616pcm |
| April 2008 | 0.9% | £646pcm |
| April 2007 | 0% | £640pcm |
The last sale was on 6th June 2022 for £232,000 and since then the market in the area has decreased by 16.8%. The postcode has had a total of 111 sales since 1995.
B1 2LB has seen no sales in the last three years and no sales in the last twelve months.
B1 2LB is the 878th largest and the 762nd most expensive postcode out of the 1,070 postcodes in the B1 area.
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The closest station to B1 2LB is Five Ways station which is 600 metres away.
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