B23 7XG is a residential postcode situated on Faulkners Farm Drive, Birmingham, B23 with 48 addresses.
It ranks as the 1211th largest and 139th 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 48 properties: 48 flats.
B23 7XG is a residential postcode situated on Faulkners Farm Drive, Birmingham, B23 with 48 addresses.
It ranks as the 1211th largest and 139th 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 48 properties: 48 flats.
Sale prices range from £113,190 for 2 bedroom leasehold flats (710 ft2) to £113,190 for 2 bedroom leasehold flats (710 ft2) .
Monthly rental prices range from £762 pcm for 2 bed flats to £762 pcm for 2 bed flats.
The gross rental yield is between 8.1% and 8.1%.
The average value per square foot is £162.
The last sale in B23 7XG sold for £45,500 on 22nd July 2005. Since then prices are down an average of 0.0%.
The current average value in the postcode is £113,190.
The B23 7XG Sales Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £113,190 |
| April 2025 | 3% | £112,145 |
| April 2024 | 1.2% | £108,870 |
| April 2023 | 0.5% | £107,562 |
| April 2022 | 9% | £107,065 |
| April 2021 | 4.3% | £98,268 |
| April 2020 | 3.4% | £94,215 |
| April 2019 | 2.9% | £91,105 |
| April 2018 | 3.7% | £88,511 |
| April 2017 | 6.9% | £85,368 |
| April 2016 | 4.8% | £79,862 |
| April 2015 | 4.6% | £76,237 |
| April 2014 | 4.3% | £72,913 |
| April 2013 | -0.7% | £69,879 |
| April 2012 | -1.5% | £70,347 |
| April 2011 | -4.7% | £71,449 |
| April 2010 | 4.4% | £74,936 |
| April 2009 | -16.2% | £71,746 |
| April 2008 | -0.2% | £85,639 |
| April 2007 | 0% | £85,781 |
The current average rental value in the postcode is £762.
The B23 7XG Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £762pcm |
| April 2025 | 3.6% | £745pcm |
| April 2024 | 11.7% | £719pcm |
| April 2023 | 9.5% | £644pcm |
| April 2022 | 4.6% | £589pcm |
| April 2021 | 2.7% | £563pcm |
| April 2020 | 3.5% | £548pcm |
| April 2019 | 0.5% | £529pcm |
| April 2018 | -0.8% | £526pcm |
| April 2017 | 2.7% | £530pcm |
| April 2016 | 2.5% | £517pcm |
| April 2015 | 2.4% | £504pcm |
| April 2014 | 0.1% | £492pcm |
| April 2013 | 0.3% | £492pcm |
| April 2012 | 1.4% | £490pcm |
| April 2011 | 0.8% | £484pcm |
| April 2010 | -0.2% | £480pcm |
| April 2009 | -5.6% | £481pcm |
| April 2008 | 2.7% | £509pcm |
| April 2007 | 0% | £496pcm |
The last sale was on 22nd July 2005 for £45,500 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
B23 7XG has seen no sales in the last three years and no sales in the last twelve months.
B23 7XG is the 1211th largest and the 139th most expensive postcode out of the 1,327 postcodes in the B23 area.
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The closest station to B23 7XG is Witton (West Midlands) station which is 2.2 kilometres away.
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