B15 2GJ is a residential postcode situated on Springmeadow Road, Birmingham, B15 with 45 addresses.
It ranks as the 420th largest and 86th most expensive of the 534 postcodes in the B15 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 45 properties: 45 flats.
B15 2GJ is a residential postcode situated on Springmeadow Road, Birmingham, B15 with 45 addresses.
It ranks as the 420th largest and 86th most expensive of the 534 postcodes in the B15 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 £143,135 for 2 bedroom leasehold flats with a balcony (505 ft2) to £191,773 for 2 bedroom leasehold flats with a balcony (914 ft2) .
Monthly rental prices range from £857 pcm for 2 bed flats to £1,090 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 7.2%.
The average value per square foot is £250.
The last sale in B15 2GJ sold for £198,000 on 23rd January 2025. Since then prices are down an average of 9.4%.
The current average value in the postcode is £164,996.
The B15 2GJ Sales Market has decreased by 4.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -8.8% | £164,996 |
| April 2025 | -0.5% | £180,966 |
| April 2024 | -6.5% | £181,788 |
| April 2023 | -1.5% | £194,383 |
| April 2022 | 1.1% | £197,288 |
| April 2021 | 2.3% | £195,218 |
| April 2020 | -1.7% | £190,884 |
| April 2019 | 1.4% | £194,175 |
| April 2018 | 4.6% | £191,577 |
| April 2017 | 5.5% | £183,085 |
| April 2016 | 8.6% | £173,473 |
| April 2015 | 8.8% | £159,732 |
| April 2014 | 0.2% | £146,803 |
| April 2013 | 2.6% | £146,516 |
| April 2012 | -3.2% | £142,860 |
| April 2011 | -0.2% | £147,617 |
| April 2010 | 4.8% | £147,843 |
| April 2009 | -14.7% | £141,061 |
| April 2008 | -5.7% | £165,301 |
| April 2007 | 0% | £175,290 |
The current average rental value in the postcode is £966.
The B15 2GJ Rental Market has increased by 26.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £966pcm |
| April 2025 | -1.1% | £962pcm |
| April 2024 | 6.7% | £972pcm |
| April 2023 | 11% | £912pcm |
| April 2022 | 8.1% | £821pcm |
| April 2021 | -0.6% | £760pcm |
| April 2020 | 1.8% | £764pcm |
| April 2019 | 0.2% | £751pcm |
| April 2018 | -0.7% | £750pcm |
| April 2017 | -1.4% | £755pcm |
| April 2016 | 5.4% | £766pcm |
| April 2015 | 2.6% | £726pcm |
| April 2014 | 2.5% | £708pcm |
| April 2013 | 1% | £691pcm |
| April 2012 | -0.5% | £684pcm |
| April 2011 | 2.6% | £688pcm |
| April 2010 | 0.2% | £670pcm |
| April 2009 | -4.6% | £669pcm |
| April 2008 | 1.4% | £701pcm |
| April 2007 | 0% | £691pcm |
The last sale was on 23rd January 2025 for £198,000 and since then the market in the area has decreased by 9.4%. The postcode has had a total of 57 sales since 1995.
B15 2GJ has seen 3 sales in the last three years and no sales in the last twelve months.
B15 2GJ is the 420th largest and the 86th most expensive postcode out of the 534 postcodes in the B15 area.
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The closest station to B15 2GJ is Five Ways station which is 700 metres away.
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