B18 5RD is a residential postcode situated on Coveley Grove, Birmingham, B18 with 20 addresses.
It ranks as the 580th largest and 243rd most expensive of the 1,070 postcodes in the B18 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 flats.
B18 5RD is a residential postcode situated on Coveley Grove, Birmingham, B18 with 20 addresses.
It ranks as the 580th largest and 243rd most expensive of the 1,070 postcodes in the B18 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 flats.
Sale prices range from £131,179 for 2 bedroom leasehold flats (592 ft2) to £146,062 for 2 bedroom leasehold flats with a garden (495 ft2) .
Monthly rental prices range from £650 pcm for 2 bed flats to £765 pcm for 2 bed flats.
The gross rental yield is between 5.9% and 6.3%.
The average value per square foot is £245.
The last sale in B18 5RD sold for £97,000 on 5th May 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £134,274.
The B18 5RD Sales Market has increased by 18.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -5.5% | £134,274 |
| May 2025 | 1.2% | £142,015 |
| May 2024 | 0.5% | £140,398 |
| May 2023 | -1% | £139,735 |
| May 2022 | 6.5% | £141,178 |
| May 2021 | 4.2% | £132,547 |
| May 2020 | -2% | £127,243 |
| May 2019 | 3.8% | £129,782 |
| May 2018 | 4.8% | £125,075 |
| May 2017 | 5.6% | £119,393 |
| May 2016 | 8.5% | £113,093 |
| May 2015 | 3.7% | £104,261 |
| May 2014 | 3.5% | £100,521 |
| May 2013 | 2.3% | £97,125 |
| May 2012 | -4.7% | £94,934 |
| May 2011 | -2.9% | £99,665 |
| May 2010 | 6.6% | £102,593 |
| May 2009 | -18.8% | £96,275 |
| May 2008 | -5% | £118,613 |
| May 2007 | 0% | £124,793 |
The current average rental value in the postcode is £697.
The B18 5RD Rental Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.8% | £697pcm |
| May 2025 | 1.6% | £692pcm |
| May 2024 | 8% | £681pcm |
| May 2023 | 9.9% | £631pcm |
| May 2022 | 8.9% | £574pcm |
| May 2021 | -0.2% | £527pcm |
| May 2020 | 1.8% | £528pcm |
| May 2019 | -0.3% | £519pcm |
| May 2018 | -0.4% | £520pcm |
| May 2017 | 0.1% | £522pcm |
| May 2016 | 5.6% | £522pcm |
| May 2015 | 3.5% | £494pcm |
| May 2014 | 1.2% | £478pcm |
| May 2013 | 0.5% | £472pcm |
| May 2012 | 0% | £469pcm |
| May 2011 | 0.7% | £469pcm |
| May 2010 | 0.6% | £466pcm |
| May 2009 | -7.2% | £463pcm |
| May 2008 | 0.4% | £499pcm |
| May 2007 | 0% | £497pcm |
The last sale was on 5th May 2023 for £97,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
B18 5RD has seen 1 sale in the last three years and no sales in the last twelve months.
B18 5RD is the 580th largest and the 243rd most expensive postcode out of the 1,070 postcodes in the B18 area.
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