B16 8AL is a residential postcode situated on Essington Street, Birmingham, B16 with 30 addresses.
It ranks as the 800th largest and 438th most expensive of the 1,223 postcodes in the B16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 flats.
B16 8AL is a residential postcode situated on Essington Street, Birmingham, B16 with 30 addresses.
It ranks as the 800th largest and 438th most expensive of the 1,223 postcodes in the B16 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 flats.
Sale prices range from £109,241 for 2 bedroom leasehold flats (721 ft2) to £178,584 for 2 bedroom leasehold flats (753 ft2) .
Monthly rental prices range from £700 pcm for 2 bed flats to £866 pcm for 2 bed flats.
The gross rental yield is between 5.8% and 7.7%.
The average value per square foot is £200.
The last sale in B16 8AL sold for £195,000 on 15th January 2024. Since then prices are down an average of 11.6%.
The current average value in the postcode is £137,839.
The B16 8AL Sales Market has increased by 6.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -9.9% | £137,839 |
| April 2025 | 1% | £152,941 |
| April 2024 | -2.3% | £151,389 |
| April 2023 | -1.9% | £154,952 |
| April 2022 | 6.4% | £157,913 |
| April 2021 | 4.5% | £148,356 |
| April 2020 | -2.7% | £141,939 |
| April 2019 | 1.6% | £145,827 |
| April 2018 | 6.9% | £143,529 |
| April 2017 | 3.8% | £134,261 |
| April 2016 | 7.7% | £129,375 |
| April 2015 | 5.4% | £120,086 |
| April 2014 | 4% | £113,985 |
| April 2013 | 0.7% | £109,611 |
| April 2012 | -4.2% | £108,837 |
| April 2011 | 2% | £113,557 |
| April 2010 | 6% | £111,362 |
| April 2009 | -17.3% | £105,078 |
| April 2008 | -5.8% | £127,009 |
| April 2007 | 0% | £134,866 |
The current average rental value in the postcode is £784.
The B16 8AL Rental Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £784pcm |
| April 2025 | -0.1% | £789pcm |
| April 2024 | 8.6% | £789pcm |
| April 2023 | 8% | £727pcm |
| April 2022 | 8.2% | £673pcm |
| April 2021 | -0.8% | £622pcm |
| April 2020 | 1.5% | £627pcm |
| April 2019 | -0.8% | £618pcm |
| April 2018 | 0.3% | £623pcm |
| April 2017 | -2.7% | £621pcm |
| April 2016 | 7.7% | £639pcm |
| April 2015 | 4.7% | £593pcm |
| April 2014 | 1.1% | £566pcm |
| April 2013 | 0.2% | £560pcm |
| April 2012 | -1.2% | £559pcm |
| April 2011 | 2% | £566pcm |
| April 2010 | 0% | £555pcm |
| April 2009 | -5.6% | £555pcm |
| April 2008 | -0.7% | £588pcm |
| April 2007 | 0% | £592pcm |
The last sale was on 15th January 2024 for £195,000 and since then the market in the area has decreased by 11.6%. The postcode has had a total of 17 sales since 1995.
B16 8AL has seen 2 sales in the last three years and no sales in the last twelve months.
B16 8AL is the 800th largest and the 438th most expensive postcode out of the 1,223 postcodes in the B16 area.
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