Lakes Road - B23 7UL
Key Postcode Insights
B23 7UL is a residential postcode situated on Lakes Road, Birmingham, B23 with 18 addresses.
It ranks as the 490th largest and 485th most expensive of the 1,328 postcodes in the B23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 10 houses and 8 flats.
- Ave. Sale Price
- £155,589
- 10 Year change
- up 57.0%
- Ave. Rental Price
- £1,049pcm
- 10 Year change
- up 62.7%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Postcode Insights
B23 7UL is a residential postcode situated on Lakes Road, Birmingham, B23 with 18 addresses.
It ranks as the 490th largest and 485th most expensive of the 1,328 postcodes in the B23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 10 houses and 8 flats.
- Ave. Sale Price
- £155,589
- 10 Year change
- up 57.0%
- Ave. Rental Price
- £1,049pcm
- 10 Year change
- up 62.7%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Propertiesin B23 7UL
- 7 Lakes Road
2 Bed Mid-century Flat
- 9 Lakes Road
2 Bed Mid-century Flat
- 11 Lakes Road
2 Bed Mid-century Flat
- 15 Lakes Road
2 Bed Mid-century Flat
- 49 Lakes Road
3 Bed Modern House
Sales Market Trends
The last sale in B23 7UL sold for £95,000 on 20th February 2026. Since then prices are down an average of 0.0%.
The current average value in the postcode is £155,589.
The B23 7UL Sales Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £155,589 |
| June 2025 | 2.4% | £152,762 |
| June 2024 | 3.4% | £149,226 |
| June 2023 | -1.4% | £144,265 |
| June 2022 | 12.6% | £146,299 |
| June 2021 | 6.1% | £129,893 |
| June 2020 | 3.7% | £122,406 |
| June 2019 | 3.9% | £118,095 |
| June 2018 | 5.5% | £113,640 |
| June 2017 | 8.7% | £107,716 |
| June 2016 | 5.9% | £99,116 |
| June 2015 | 4.6% | £93,598 |
| June 2014 | 6% | £89,444 |
| June 2013 | 1% | £84,403 |
| June 2012 | -1.2% | £83,587 |
| June 2011 | -4.5% | £84,631 |
| June 2010 | 6.7% | £88,596 |
| June 2009 | -13.6% | £83,057 |
| June 2008 | -2.9% | £96,180 |
| June 2007 | 0% | £99,089 |
Rental Market Trends
The current average rental value in the postcode is £1,049.
The B23 7UL Rental Market has increased by 62.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,049pcm |
| June 2025 | 2.3% | £1,016pcm |
| June 2024 | 10.5% | £993pcm |
| June 2023 | 11.5% | £899pcm |
| June 2022 | 7.5% | £806pcm |
| June 2021 | 5.7% | £750pcm |
| June 2020 | 2.5% | £709pcm |
| June 2019 | 2.2% | £692pcm |
| June 2018 | 1.8% | £677pcm |
| June 2017 | 3.2% | £665pcm |
| June 2016 | 3.9% | £645pcm |
| June 2015 | 3.5% | £621pcm |
| June 2014 | 1.1% | £600pcm |
| June 2013 | 1.2% | £593pcm |
| June 2012 | 1.4% | £586pcm |
| June 2011 | 1.4% | £578pcm |
| June 2010 | 2.3% | £570pcm |
| June 2009 | -5.4% | £557pcm |
| June 2008 | 2.9% | £589pcm |
| June 2007 | 0% | £572pcm |
Sales History
The last sale was on 20th February 2026 for £95,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
B23 7UL has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby Postcodes
B23 7UL is the 490th largest and the 485th most expensive postcode out of the 1,328 postcodes in the B23 area.
- B23 7WA, Cygnet Grove, Birmingham, B23B23 7WA6 Addresses|19 m away
- B23 7UN, Wyrley Way, Birmingham, B23B23 7UN20 Addresses|88 m away
- B23 7UD, Suffield Grove, Birmingham, B23B23 7UD21 Addresses|93 m away
- B23 7UP, Lakes Road, Birmingham, B23B23 7UP27 Addresses|100 m away
- B23 7XG, Faulkners Farm Drive, Birmingham, B23B23 7XG48 Addresses|111 m away
Property Types
- 10 modern houses built after 1980
- 4 modern flats built after 1980
- 4 mid-century flats built between 1936 and 1979
- modern house (10)
- modern flat (4)
- mid-century flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (17)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Oct 2016£935,000 | 2 Bed FlatApartment 1, Emily House 191, Lakes Road, Birmingham, B23 7UHApartment 1, Emily House 191, Lakes Road, Birmingham, B23 7UH
- Sold Oct 2016£935,000 | 2 Bed FlatApartment 1, Emily House 191, Lakes Road, Birmingham, B23 7UHApartment 1, Emily House 191, Lakes Road, Birmingham, B23 7UH
- Sold Oct 2016£935,000 | 2 Bed FlatApartment 10, Emily House 191, Lakes Road, Birmingham, B23 7UHApartment 10, Emily House 191, Lakes Road, Birmingham, B23 7UH
Schools Nearby
- Hawthorn Primary School600 m away
- Marsh Hill Primary School800 m away
- St Margaret Mary RC Junior and Infant School800 m away
- E-ACT North Birmingham Academy400 m away
- Stockland Green School1.3 km away
- Prince Albert High School1.7 km away
More reading links
Public Transport Nearby
The closest station to B23 7UL is Witton (West Midlands) station, which is 2.1 kilometres away.
- Witton (West Midlands)|2.1 km away
- Gravelly Hill|2.3 km away
- Perry Barr|2.4 km away
- Erdington|2.5 km away
