B16 9LJ is a residential postcode situated on Gillott Road, Birmingham, B16 with 137 addresses.
It ranks as the 1223rd largest and 804th 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 137 properties: 137 flats.
B16 9LJ is a residential postcode situated on Gillott Road, Birmingham, B16 with 137 addresses.
It ranks as the 1223rd largest and 804th 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 137 properties: 137 flats.
Sale prices range from £93,499 for 1 bedroom leasehold flats (419 ft2) to £430,851 for 3 bedroom leasehold flats with a garden (1,184 ft2) .
Monthly rental prices range from £608 pcm for 1 bed flats to £1,984 pcm for 3 bed flats.
The gross rental yield is between 5.5% and 8.0%.
The average value per square foot is £517.
The last sale in B16 9LJ sold for £90,000 on 25th August 2021. Since then prices are down an average of 1.1%.
The current average value in the postcode is £198,714.
The B16 9LJ Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.1% | £198,714 |
| April 2025 | 0.9% | £211,568 |
| April 2024 | -0.2% | £209,750 |
| April 2023 | 0.4% | £210,184 |
| April 2022 | 6.2% | £209,334 |
| April 2021 | 5.1% | £197,159 |
| April 2020 | 1.8% | £187,600 |
| April 2019 | 0.9% | £184,357 |
| April 2018 | 5.3% | £182,780 |
| April 2017 | 3.6% | £173,599 |
| April 2016 | 6.8% | £167,577 |
| April 2015 | 6.2% | £156,879 |
| April 2014 | 3.1% | £147,685 |
| April 2013 | 0.5% | £143,228 |
| April 2012 | -2.6% | £142,446 |
| April 2011 | -0.5% | £146,261 |
| April 2010 | 4.5% | £146,962 |
| April 2009 | -11.5% | £140,572 |
| April 2008 | -4.2% | £158,895 |
| April 2007 | 0% | £165,805 |
The current average rental value in the postcode is £1,036.
The B16 9LJ Rental Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £1,036pcm |
| April 2025 | 1.7% | £1,025pcm |
| April 2024 | 8.5% | £1,007pcm |
| April 2023 | 9.7% | £928pcm |
| April 2022 | 7.9% | £846pcm |
| April 2021 | 1.3% | £784pcm |
| April 2020 | 2.4% | £774pcm |
| April 2019 | 0.1% | £756pcm |
| April 2018 | 0.2% | £755pcm |
| April 2017 | -1.2% | £753pcm |
| April 2016 | 5.5% | £763pcm |
| April 2015 | 3.4% | £723pcm |
| April 2014 | 1.6% | £699pcm |
| April 2013 | 0.4% | £688pcm |
| April 2012 | -0.5% | £685pcm |
| April 2011 | 2.3% | £689pcm |
| April 2010 | 0% | £673pcm |
| April 2009 | -4.9% | £673pcm |
| April 2008 | 0.9% | £708pcm |
| April 2007 | 0% | £702pcm |
The last sale was on 25th August 2021 for £90,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 15 sales since 1995.
B16 9LJ has seen no sales in the last three years and no sales in the last twelve months.
B16 9LJ is the 1223rd largest and the 804th most expensive postcode out of the 1,223 postcodes in the B16 area.
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The closest station to B16 9LJ is Five Ways station which is 2.6 kilometres away.
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