B1 3LW is a residential postcode situated on Legge Lane, Birmingham, B1 with 16 addresses.
It ranks as the 512th largest and 1000th 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 16 properties: 16 flats.
B1 3LW is a residential postcode situated on Legge Lane, Birmingham, B1 with 16 addresses.
It ranks as the 512th largest and 1000th 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 16 properties: 16 flats.
Sale prices range from £223,657 for 2 bedroom leasehold flats (516 ft2) to £281,120 for 2 bedroom leasehold flats (807 ft2) .
Monthly rental prices range from £848 pcm for 2 bed flats to £1,034 pcm for 2 bed flats.
The gross rental yield is between 4.4% and 4.5%.
The average value per square foot is £420.
The last sale in B1 3LW sold for £222,500 on 28th March 2025. Since then prices are down an average of 9.6%.
The current average value in the postcode is £243,296.
The B1 3LW Sales Market has decreased by 1.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -9.9% | £243,296 |
| April 2025 | -0.1% | £270,174 |
| April 2024 | -2.3% | £270,373 |
| April 2023 | -2.7% | £276,803 |
| April 2022 | 3.4% | £284,546 |
| April 2021 | -1.1% | £275,257 |
| April 2020 | -1.1% | £278,335 |
| April 2019 | 2% | £281,377 |
| April 2018 | 5.5% | £275,923 |
| April 2017 | 6.2% | £261,650 |
| April 2016 | 12.1% | £246,315 |
| April 2015 | 6.2% | £219,750 |
| April 2014 | 6.8% | £206,982 |
| April 2013 | 2.2% | £193,720 |
| April 2012 | -6.2% | £189,553 |
| April 2011 | 0.7% | £202,059 |
| April 2010 | 10.5% | £200,706 |
| April 2009 | -24% | £181,716 |
| April 2008 | -7% | £239,127 |
| April 2007 | 0% | £257,250 |
The current average rental value in the postcode is £912.
The B1 3LW Rental Market has increased by 18.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £912pcm |
| April 2025 | -0.6% | £916pcm |
| April 2024 | 4.5% | £921pcm |
| April 2023 | 10.4% | £882pcm |
| April 2022 | 10.6% | £798pcm |
| April 2021 | -4% | £722pcm |
| April 2020 | 0.2% | £752pcm |
| April 2019 | -2.1% | £750pcm |
| April 2018 | 1% | £766pcm |
| April 2017 | -1.8% | £759pcm |
| April 2016 | 6.2% | £773pcm |
| April 2015 | 4.9% | £727pcm |
| April 2014 | 2% | £693pcm |
| April 2013 | 0.6% | £680pcm |
| April 2012 | -0.2% | £676pcm |
| April 2011 | 0.4% | £677pcm |
| April 2010 | 0% | £674pcm |
| April 2009 | -5.5% | £675pcm |
| April 2008 | 0% | £714pcm |
| April 2007 | 0% | £714pcm |
The last sale was on 28th March 2025 for £222,500 and since then the market in the area has decreased by 9.6%. The postcode has had a total of 12 sales since 1995.
B1 3LW has seen 12 sales in the last three years and no sales in the last twelve months.
B1 3LW is the 512th largest and the 1000th most expensive postcode out of the 1,070 postcodes in the B1 area.
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The closest station to B1 3LW is Jewellery Quarter station which is 600 metres away.
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