B16 8LP is a residential postcode situated on Ladywood Middleway, Birmingham, B16 with 8 addresses.
It ranks as the 252nd largest and 129th most expensive of the 1,223 postcodes in the B16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
B16 8LP is a residential postcode situated on Ladywood Middleway, Birmingham, B16 with 8 addresses.
It ranks as the 252nd largest and 129th most expensive of the 1,223 postcodes in the B16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £93,499 for 1 bedroom Leasehold flats (409 ft2) to £158,269 for 2 bedroom leasehold flats with a balcony (721 ft2) .
Monthly rental prices range from £608 pcm for 1 bed flats to £877 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 7.8%.
The average value per square foot is £214.
The last sale in B16 8LP sold for £63,000 on 26th May 2011. Since then prices are up an average of 22.4%.
The current average value in the postcode is £123,691.
The B16 8LP Sales Market has increased by 7.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -8.7% | £123,691 |
| April 2025 | 0.6% | £135,474 |
| April 2024 | -3% | £134,701 |
| April 2023 | -1% | £138,861 |
| April 2022 | 5.9% | £140,288 |
| April 2021 | 4.3% | £132,417 |
| April 2020 | -2.7% | £126,943 |
| April 2019 | 1.8% | £130,488 |
| April 2018 | 5.2% | £128,141 |
| April 2017 | 5.7% | £121,808 |
| April 2016 | 7.9% | £115,254 |
| April 2015 | 5% | £106,807 |
| April 2014 | 2.7% | £101,733 |
| April 2013 | 1.1% | £99,096 |
| April 2012 | -2.7% | £97,999 |
| April 2011 | 1.6% | £100,764 |
| April 2010 | 4.7% | £99,152 |
| April 2009 | -17.8% | £94,736 |
| April 2008 | -5% | £115,253 |
| April 2007 | 0% | £121,336 |
The current average rental value in the postcode is £743.
The B16 8LP Rental Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £743pcm |
| April 2025 | -0.6% | £739pcm |
| April 2024 | 8.7% | £743pcm |
| April 2023 | 9.4% | £683pcm |
| April 2022 | 8.4% | £624pcm |
| April 2021 | -0.7% | £576pcm |
| April 2020 | 1.8% | £580pcm |
| April 2019 | -0.4% | £570pcm |
| April 2018 | -1.1% | £572pcm |
| April 2017 | -1% | £579pcm |
| April 2016 | 7.5% | £584pcm |
| April 2015 | 3.1% | £543pcm |
| April 2014 | 1.1% | £527pcm |
| April 2013 | 0.4% | £521pcm |
| April 2012 | -0.1% | £519pcm |
| April 2011 | 2.2% | £520pcm |
| April 2010 | -0.6% | £508pcm |
| April 2009 | -7.3% | £512pcm |
| April 2008 | 0.4% | £552pcm |
| April 2007 | 0% | £550pcm |
The last sale was on 26th May 2011 for £63,000 and since then the market in the area has increased by 22.4%. The postcode has had a total of 10 sales since 1995.
B16 8LP has seen no sales in the last three years and no sales in the last twelve months.
B16 8LP is the 252nd largest and the 129th most expensive postcode out of the 1,223 postcodes in the B16 area.
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The closest station to B16 8LP is Five Ways station which is 600 metres away.
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