B23 5WJ is a residential postcode situated on Gravelly Gardens, Birmingham, B23 with 7 addresses.
It ranks as the 122nd largest and 1221st most expensive of the 1,327 postcodes in the B23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
B23 5WJ is a residential postcode situated on Gravelly Gardens, Birmingham, B23 with 7 addresses.
It ranks as the 122nd largest and 1221st most expensive of the 1,327 postcodes in the B23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £296,043 for 4 bedroom freehold houses with a garden (1,066 ft2) to £309,560 for 4 bedroom freehold houses with a garden (1,119 ft2) .
Monthly rental prices range from £1,465 pcm for 4 bed houses to £1,531 pcm for 4 bed houses.
The gross rental yield is between 5.9% and 5.9%.
The average value per square foot is £271.
The last sale in B23 5WJ sold for £293,000 on 28th November 2025. Since then prices are down an average of 1.4%.
The current average value in the postcode is £301,095.
The B23 5WJ Sales Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £301,095 |
| April 2025 | 2.4% | £301,128 |
| April 2024 | 0.6% | £293,967 |
| April 2023 | 1.5% | £292,154 |
| April 2022 | 11% | £287,909 |
| April 2021 | 4.9% | £259,329 |
| April 2020 | 1.4% | £247,308 |
| April 2019 | 4.5% | £243,997 |
| April 2018 | 6.4% | £233,467 |
| April 2017 | 8.8% | £219,450 |
| April 2016 | 6.3% | £201,623 |
| April 2015 | 5.4% | £189,649 |
| April 2014 | 5.1% | £179,998 |
| April 2013 | 3% | £171,321 |
| April 2012 | -0.5% | £166,326 |
| April 2011 | -1.6% | £167,142 |
| April 2010 | 6.4% | £169,938 |
| April 2009 | -13.3% | £159,715 |
| April 2008 | -1.2% | £184,140 |
| April 2007 | 0% | £186,423 |
The current average rental value in the postcode is £1,489.
The B23 5WJ Rental Market has increased by 59.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,489pcm |
| April 2025 | 2.7% | £1,467pcm |
| April 2024 | 10.8% | £1,429pcm |
| April 2023 | 10.6% | £1,290pcm |
| April 2022 | 5.9% | £1,167pcm |
| April 2021 | 5.1% | £1,102pcm |
| April 2020 | 2.6% | £1,048pcm |
| April 2019 | 2.6% | £1,021pcm |
| April 2018 | 1.5% | £995pcm |
| April 2017 | 5.2% | £981pcm |
| April 2016 | 3.2% | £933pcm |
| April 2015 | 3.6% | £904pcm |
| April 2014 | 0.8% | £873pcm |
| April 2013 | 4% | £866pcm |
| April 2012 | 2.3% | £833pcm |
| April 2011 | 3.7% | £814pcm |
| April 2010 | 1.8% | £784pcm |
| April 2009 | -2% | £771pcm |
| April 2008 | 3% | £787pcm |
| April 2007 | 0% | £764pcm |
The last sale was on 28th November 2025 for £293,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 11 sales since 1995.
B23 5WJ has seen 1 sale in the last three years and 1 sale in the last twelve months.
B23 5WJ is the 122nd largest and the 1221st most expensive postcode out of the 1,327 postcodes in the B23 area.
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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 B23 5WJ, 39.2% of property is privately owned with a mortgage and 32.7% is privately owned outright.
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 B23 5WJ, 13.5% of residents are recorded as possessing school level qualifications and 29.9% 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 B23 5WJ, the average age was 44.7 and the most common age was 57.
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 B23 5WJ, 0.8% 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 B23 5WJ, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.