B23 7XZ is a residential postcode situated on Park Approach, Birmingham, B23 with 18 addresses.
It ranks as the 491st largest and 79th 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 18 properties: 18 flats.
B23 7XZ is a residential postcode situated on Park Approach, Birmingham, B23 with 18 addresses.
It ranks as the 491st largest and 79th 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 18 properties: 18 flats.
Sale prices range from £95,116 for 2 bedroom leasehold flats (502 ft2) to £106,913 for 2 bedroom leasehold flats (645 ft2) .
Monthly rental prices range from £724 pcm for 2 bed flats to £740 pcm for 2 bed flats.
The gross rental yield is between 8.3% and 9.1%.
The average value per square foot is £170.
The last sale in B23 7XZ sold for £63,000 on 16th July 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £102,723.
The B23 7XZ Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £102,723 |
| April 2025 | 3.6% | £102,265 |
| April 2024 | 1.7% | £98,702 |
| April 2023 | -0.3% | £97,055 |
| April 2022 | 9.3% | £97,314 |
| April 2021 | 3.2% | £89,072 |
| April 2020 | 2% | £86,347 |
| April 2019 | 2.8% | £84,686 |
| April 2018 | 4.8% | £82,417 |
| April 2017 | 5.5% | £78,663 |
| April 2016 | 5.4% | £74,562 |
| April 2015 | 4.1% | £70,756 |
| April 2014 | 3.6% | £67,955 |
| April 2013 | -0.3% | £65,579 |
| April 2012 | -2.1% | £65,776 |
| April 2011 | -4.5% | £67,160 |
| April 2010 | 3.9% | £70,339 |
| April 2009 | -16.1% | £67,711 |
| April 2008 | -1.8% | £80,687 |
| April 2007 | 0% | £82,157 |
The current average rental value in the postcode is £737.
The B23 7XZ Rental Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £737pcm |
| April 2025 | 3.7% | £722pcm |
| April 2024 | 11.4% | £696pcm |
| April 2023 | 8.9% | £625pcm |
| April 2022 | 4.6% | £574pcm |
| April 2021 | 2.8% | £549pcm |
| April 2020 | 3.4% | £534pcm |
| April 2019 | 0.4% | £516pcm |
| April 2018 | -0.3% | £514pcm |
| April 2017 | 1.9% | £515pcm |
| April 2016 | 2.3% | £506pcm |
| April 2015 | 2.8% | £494pcm |
| April 2014 | 0.3% | £481pcm |
| April 2013 | 0.3% | £480pcm |
| April 2012 | 1% | £478pcm |
| April 2011 | 1% | £473pcm |
| April 2010 | -0.2% | £469pcm |
| April 2009 | -4.8% | £470pcm |
| April 2008 | 2.1% | £494pcm |
| April 2007 | 0% | £484pcm |
The last sale was on 16th July 2025 for £63,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 29 sales since 1995.
B23 7XZ has seen 4 sales in the last three years and 1 sale in the last twelve months.
B23 7XZ is the 491st largest and the 79th most expensive postcode out of the 1,327 postcodes in the B23 area.
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