B23 7PJ is a residential postcode situated on Gravelly Hill, Birmingham, B23 with 42 addresses.
It ranks as the 1133rd largest and 33rd most expensive of the 1,327 postcodes in the B23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 42 properties: 42 flats.
B23 7PJ is a residential postcode situated on Gravelly Hill, Birmingham, B23 with 42 addresses.
It ranks as the 1133rd largest and 33rd most expensive of the 1,327 postcodes in the B23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 42 properties: 42 flats.
Sale prices range from £68,384 for studio leasehold flats (279 ft2) to £94,279 for 2 bedroom leasehold flats (527 ft2) .
Monthly rental prices range from £538 pcm for studio flats to £721 pcm for 2 bed flats.
The gross rental yield is between 9.2% and 9.5%.
The average value per square foot is £185.
The last sale in B23 7PJ sold for £68,500 on 8th October 2018. Since then prices are up an average of 22.3%.
The current average value in the postcode is £88,906.
The B23 7PJ Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £88,906 |
| April 2025 | 3.5% | £88,524 |
| April 2024 | 1.9% | £85,571 |
| April 2023 | 0% | £83,987 |
| April 2022 | 9.1% | £84,017 |
| April 2021 | 2.4% | £76,987 |
| April 2020 | 1.5% | £75,149 |
| April 2019 | 2.8% | £74,062 |
| April 2018 | 4.3% | £72,039 |
| April 2017 | 6.1% | £69,040 |
| April 2016 | 5.9% | £65,047 |
| April 2015 | 3.9% | £61,440 |
| April 2014 | 3.6% | £59,128 |
| April 2013 | -0.3% | £57,077 |
| April 2012 | -1.9% | £57,226 |
| April 2011 | -4.5% | £58,306 |
| April 2010 | 3.9% | £61,065 |
| April 2009 | -16.9% | £58,758 |
| April 2008 | -1.6% | £70,724 |
| April 2007 | 0% | £71,904 |
The current average rental value in the postcode is £694.
The B23 7PJ Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £694pcm |
| April 2025 | 3.7% | £678pcm |
| April 2024 | 11.7% | £654pcm |
| April 2023 | 9.3% | £586pcm |
| April 2022 | 4.5% | £536pcm |
| April 2021 | 2.8% | £513pcm |
| April 2020 | 3.6% | £498pcm |
| April 2019 | 0.6% | £481pcm |
| April 2018 | -0.7% | £479pcm |
| April 2017 | 2.6% | £482pcm |
| April 2016 | 2.4% | £470pcm |
| April 2015 | 2.4% | £459pcm |
| April 2014 | 0.1% | £448pcm |
| April 2013 | 0.3% | £447pcm |
| April 2012 | 1.3% | £446pcm |
| April 2011 | 0.8% | £440pcm |
| April 2010 | -0.2% | £436pcm |
| April 2009 | -5.4% | £438pcm |
| April 2008 | 2.6% | £463pcm |
| April 2007 | 0% | £451pcm |
The last sale was on 8th October 2018 for £68,500 and since then the market in the area has increased by 22.3%. The postcode has had a total of 10 sales since 1995.
B23 7PJ has seen no sales in the last three years and no sales in the last twelve months.
B23 7PJ is the 1133rd largest and the 33rd most expensive postcode out of the 1,327 postcodes in the B23 area.
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The closest station to B23 7PJ is Gravelly Hill station which is 400 metres away.
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