B1 3RJ is a residential postcode situated on Sand Pits, Birmingham, B1 with 116 addresses.
It ranks as the 1060th largest and 1013th 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 116 properties: 91 flats and 25 other properties.
B1 3RJ is a residential postcode situated on Sand Pits, Birmingham, B1 with 116 addresses.
It ranks as the 1060th largest and 1013th 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 116 properties: 91 flats and 25 other properties.
Sale prices range from £166,327 for 2 bedroom leasehold flats with a balcony (559 ft2) to £302,002 for 2 bedroom leasehold flats with a balcony (925 ft2) .
Monthly rental prices range from £680 pcm for 2 bed flats to £1,189 pcm for 2 bed flats.
The gross rental yield is between 4.7% and 4.9%.
The average value per square foot is £412.
The last sale in B1 3RJ sold for £100,000 on 24th March 2025. Since then prices are down an average of 14.3%.
The current average value in the postcode is £249,312.
The B1 3RJ Sales Market has decreased by 2.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -9.8% | £249,312 |
| April 2025 | -0.8% | £276,531 |
| April 2024 | -3.2% | £278,793 |
| April 2023 | -2.6% | £288,083 |
| April 2022 | 3.5% | £295,914 |
| April 2021 | -1.7% | £285,822 |
| April 2020 | -0.4% | £290,868 |
| April 2019 | 2.2% | £292,020 |
| April 2018 | 5.8% | £285,865 |
| April 2017 | 5.8% | £270,156 |
| April 2016 | 10.8% | £255,347 |
| April 2015 | 6.4% | £230,518 |
| April 2014 | 6.8% | £216,571 |
| April 2013 | 2.2% | £202,718 |
| April 2012 | -6.3% | £198,297 |
| April 2011 | 0.8% | £211,609 |
| April 2010 | 10.7% | £209,984 |
| April 2009 | -23.9% | £189,607 |
| April 2008 | -7.1% | £249,091 |
| April 2007 | 0% | £268,100 |
The current average rental value in the postcode is £1,010.
The B1 3RJ Rental Market has increased by 16.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £1,010pcm |
| April 2025 | -1.3% | £1,013pcm |
| April 2024 | 3.5% | £1,027pcm |
| April 2023 | 10.5% | £992pcm |
| April 2022 | 10.7% | £897pcm |
| April 2021 | -4.6% | £810pcm |
| April 2020 | 0.9% | £850pcm |
| April 2019 | -1.9% | £842pcm |
| April 2018 | 1.3% | £858pcm |
| April 2017 | -2.2% | £847pcm |
| April 2016 | 5% | £866pcm |
| April 2015 | 5.2% | £825pcm |
| April 2014 | 2% | £784pcm |
| April 2013 | 0.6% | £769pcm |
| April 2012 | -0.3% | £764pcm |
| April 2011 | 0.5% | £766pcm |
| April 2010 | 0.2% | £762pcm |
| April 2009 | -5.3% | £761pcm |
| April 2008 | -0.1% | £804pcm |
| April 2007 | 0% | £804pcm |
The last sale was on 24th March 2025 for £100,000 and since then the market in the area has decreased by 14.3%. The postcode has had a total of 92 sales since 1995.
B1 3RJ has seen 1 sale in the last three years and no sales in the last twelve months.
B1 3RJ is the 1060th largest and the 1013th most expensive postcode out of the 1,070 postcodes in the B1 area.
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The closest station to B1 3RJ is Jewellery Quarter station which is 800 metres away.
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