B16 8LB is a residential postcode situated on Hagley Road, Birmingham, B16 with 1 addresses.
It ranks as the 8th largest and 1001st most expensive of the 1,223 postcodes in the B16 area.
The postcode contains a total of 1 properties: 1 house.
B16 8LB is a residential postcode situated on Hagley Road, Birmingham, B16 with 1 addresses.
It ranks as the 8th largest and 1001st most expensive of the 1,223 postcodes in the B16 area.
The postcode contains a total of 1 properties: 1 house.
Sale prices range from £214,090 for 4 bedroom freehold houses with a garden (1,377 ft2) to £214,090 for 4 bedroom freehold houses with a garden (1,377 ft2) .
Monthly rental prices range from £948 pcm for 4 bed houses to £948 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 5.3%.
The average value per square foot is £155.
The last sale in B16 8LB sold for £675,000 on 14th May 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £214,090.
The B16 8LB Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -9.8% | £214,090 |
| April 2025 | 0.3% | £237,352 |
| April 2024 | -2.6% | £236,585 |
| April 2023 | 1.3% | £242,911 |
| April 2022 | 9.3% | £239,713 |
| April 2021 | 6.8% | £219,271 |
| April 2020 | -2.9% | £205,282 |
| April 2019 | 3.4% | £211,417 |
| April 2018 | 8.1% | £204,428 |
| April 2017 | 7.9% | £189,088 |
| April 2016 | 9% | £175,216 |
| April 2015 | 5.1% | £160,755 |
| April 2014 | 4.8% | £152,951 |
| April 2013 | 4.4% | £145,953 |
| April 2012 | -1.7% | £139,810 |
| April 2011 | 2.1% | £142,221 |
| April 2010 | 8.3% | £139,244 |
| April 2009 | -15.4% | £128,562 |
| April 2008 | -3.7% | £152,018 |
| April 2007 | 0% | £157,896 |
The current average rental value in the postcode is £948.
The B16 8LB Rental Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £948pcm |
| April 2025 | -0.8% | £953pcm |
| April 2024 | 8.3% | £961pcm |
| April 2023 | 11.4% | £888pcm |
| April 2022 | 10.6% | £797pcm |
| April 2021 | 1.4% | £720pcm |
| April 2020 | 0.9% | £710pcm |
| April 2019 | 1.4% | £704pcm |
| April 2018 | 1.4% | £694pcm |
| April 2017 | 1.4% | £685pcm |
| April 2016 | 9.4% | £675pcm |
| April 2015 | 4.3% | £617pcm |
| April 2014 | 1.9% | £592pcm |
| April 2013 | 4% | £581pcm |
| April 2012 | 0.9% | £558pcm |
| April 2011 | 2.3% | £554pcm |
| April 2010 | 2.5% | £541pcm |
| April 2009 | -4.6% | £528pcm |
| April 2008 | 1.4% | £553pcm |
| April 2007 | 0% | £545pcm |
The last sale was on 14th May 2021 for £675,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
B16 8LB has seen no sales in the last three years and no sales in the last twelve months.
B16 8LB is the 8th largest and the 1001st most expensive postcode out of the 1,223 postcodes in the B16 area.
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The closest station to B16 8LB is Five Ways station which is 900 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around B16 8LB, 41.3% of property is privately rented and 36.9% is socially rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around B16 8LB, 34.6% of residents are recorded as possessing school level qualifications and 36.1% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around B16 8LB, the average age was 31 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around B16 8LB, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around B16 8LB, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.