B16 9LG is a residential postcode situated on Hagley Road, Birmingham, B16 with 20 addresses.
It ranks as the 594th largest and 908th most expensive of the 1,223 postcodes in the B16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 20 flats.
B16 9LG is a residential postcode situated on Hagley Road, Birmingham, B16 with 20 addresses.
It ranks as the 594th largest and 908th most expensive of the 1,223 postcodes in the B16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 20 flats.
Sale prices range from £163,421 for 2 bedroom leasehold flats (775 ft2) to £239,749 for 3 bedroom leasehold flats (1,442 ft2) .
Monthly rental prices range from £907 pcm for 2 bed flats to £1,272 pcm for 3 bed flats.
The gross rental yield is between 6.4% and 6.8%.
The average value per square foot is £202.
The last sale in B16 9LG sold for £228,000 on 28th February 2025. Since then prices are down an average of 6.5%.
The current average value in the postcode is £201,570.
The B16 9LG Sales Market has increased by 16.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.6% | £201,570 |
| April 2025 | 0.9% | £215,729 |
| April 2024 | -0.1% | £213,877 |
| April 2023 | 0% | £214,158 |
| April 2022 | 5.8% | £214,178 |
| April 2021 | 5.2% | £202,517 |
| April 2020 | 1.6% | £192,506 |
| April 2019 | 0.7% | £189,523 |
| April 2018 | 5.6% | £188,254 |
| April 2017 | 3.1% | £178,313 |
| April 2016 | 6.8% | £172,877 |
| April 2015 | 6.6% | £161,808 |
| April 2014 | 3.1% | £151,838 |
| April 2013 | 0.6% | £147,226 |
| April 2012 | -2.9% | £146,346 |
| April 2011 | -0.4% | £150,683 |
| April 2010 | 5% | £151,298 |
| April 2009 | -11% | £144,156 |
| April 2008 | -4.1% | £162,044 |
| April 2007 | 0% | £169,023 |
The current average rental value in the postcode is £1,086.
The B16 9LG Rental Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £1,086pcm |
| April 2025 | 1.7% | £1,079pcm |
| April 2024 | 8.6% | £1,061pcm |
| April 2023 | 9.3% | £977pcm |
| April 2022 | 7.5% | £894pcm |
| April 2021 | 1.4% | £832pcm |
| April 2020 | 2.2% | £820pcm |
| April 2019 | -0.1% | £803pcm |
| April 2018 | 0.5% | £803pcm |
| April 2017 | -1.7% | £799pcm |
| April 2016 | 5.6% | £813pcm |
| April 2015 | 3.7% | £770pcm |
| April 2014 | 1.6% | £742pcm |
| April 2013 | 0.5% | £731pcm |
| April 2012 | -0.8% | £727pcm |
| April 2011 | 2.3% | £733pcm |
| April 2010 | 0.4% | £716pcm |
| April 2009 | -4.4% | £713pcm |
| April 2008 | 1% | £746pcm |
| April 2007 | 0% | £739pcm |
The last sale was on 28th February 2025 for £228,000 and since then the market in the area has decreased by 6.5%. The postcode has had a total of 39 sales since 1995.
B16 9LG has seen 3 sales in the last three years and no sales in the last twelve months.
B16 9LG is the 594th largest and the 908th most expensive postcode out of the 1,223 postcodes in the B16 area.
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The closest station to B16 9LG is Five Ways station which is 2.5 kilometres away.
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