B24 0LQ is a residential postcode situated on Spencer Close, Birmingham, B24 with 11 addresses.
It ranks as the 267th largest and 169th most expensive of the 1,327 postcodes in the B24 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
B24 0LQ is a residential postcode situated on Spencer Close, Birmingham, B24 with 11 addresses.
It ranks as the 267th largest and 169th most expensive of the 1,327 postcodes in the B24 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
Sale prices range from £115,471 for 2 bedroom leasehold flats (613 ft2) to £273,087 for 4 bedroom leasehold houses with a garden (1,227 ft2) .
Monthly rental prices range from £770 pcm for 2 bed flats to £1,587 pcm for 4 bed houses.
The gross rental yield is between 7.0% and 8.0%.
The average value per square foot is £183.
The last sale in B24 0LQ sold for £230,000 on 23rd July 2018. Since then prices are up an average of 21.5%.
The current average value in the postcode is £131,483.
The B24 0LQ Sales Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £131,483 |
| April 2025 | 2.5% | £131,459 |
| April 2024 | 0.1% | £128,301 |
| April 2023 | 1.3% | £128,172 |
| April 2022 | 9.2% | £126,500 |
| April 2021 | 4% | £115,855 |
| April 2020 | 1.8% | £111,385 |
| April 2019 | 3.5% | £109,409 |
| April 2018 | 5.8% | £105,693 |
| April 2017 | 6.4% | £99,895 |
| April 2016 | 5.6% | £93,929 |
| April 2015 | 5.5% | £88,968 |
| April 2014 | 5.8% | £84,313 |
| April 2013 | 1.3% | £79,714 |
| April 2012 | -1.1% | £78,679 |
| April 2011 | -1.6% | £79,555 |
| April 2010 | 3.8% | £80,869 |
| April 2009 | -13% | £77,937 |
| April 2008 | -1.4% | £89,534 |
| April 2007 | 0% | £90,812 |
The current average rental value in the postcode is £845.
The B24 0LQ Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £845pcm |
| April 2025 | 3.5% | £832pcm |
| April 2024 | 10.9% | £804pcm |
| April 2023 | 9.6% | £725pcm |
| April 2022 | 5.2% | £662pcm |
| April 2021 | 4.4% | £629pcm |
| April 2020 | 2.7% | £603pcm |
| April 2019 | 1.5% | £587pcm |
| April 2018 | 0.9% | £578pcm |
| April 2017 | 3.6% | £573pcm |
| April 2016 | 2.9% | £554pcm |
| April 2015 | 3.5% | £538pcm |
| April 2014 | 0.7% | £520pcm |
| April 2013 | 2.1% | £517pcm |
| April 2012 | 1.7% | £506pcm |
| April 2011 | 2.8% | £498pcm |
| April 2010 | 1% | £484pcm |
| April 2009 | -3% | £480pcm |
| April 2008 | 2.2% | £494pcm |
| April 2007 | 0% | £483pcm |
The last sale was on 23rd July 2018 for £230,000 and since then the market in the area has increased by 21.5%. The postcode has had a total of 4 sales since 1995.
B24 0LQ has seen no sales in the last three years and no sales in the last twelve months.
B24 0LQ is the 267th largest and the 169th most expensive postcode out of the 1,327 postcodes in the B24 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around B24 0LQ, 45.6% of property is socially rented and 29.0% is privately owned with a mortgage.
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 B24 0LQ, 20.9% of residents are recorded as possessing school level qualifications and 25.1% 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 B24 0LQ, the average age was 39.5 and the most common age was 52.
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 B24 0LQ, 0.0% 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 B24 0LQ, 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.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.