Water Street - B3 1HL
Key Postcode Insights
B3 1HL is a residential postcode situated on Water Street, Birmingham, B3 with 7 addresses.
It ranks as the 142nd largest and 400th most expensive of the 532 postcodes in the B3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 1 house and 6 flats.
- Ave. Sale Price
- £666,529
- 10 Year change
- up 4.9%
- Ave. Rental Price
- £2,710pcm
- 10 Year change
- up 26.6%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
B3 1HL is a residential postcode situated on Water Street, Birmingham, B3 with 7 addresses.
It ranks as the 142nd largest and 400th most expensive of the 532 postcodes in the B3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 1 house and 6 flats.
- Ave. Sale Price
- £666,529
- 10 Year change
- up 4.9%
- Ave. Rental Price
- £2,710pcm
- 10 Year change
- up 26.6%
- Ave. £ per ft²
- £380/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin B3 1HL
Sales Market Trends
The last sale in B3 1HL sold for £530,000 on 16th April 2021. Since then prices are down an average of 10.5%.
The current average value in the postcode is £666,529.
The B3 1HL Sales Market has increased by 4.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -7.2% | £666,529 |
| June 2025 | -1% | £718,435 |
| June 2024 | -2.2% | £725,796 |
| June 2023 | -3.6% | £742,195 |
| June 2022 | 5.7% | £769,573 |
| June 2021 | 0% | £728,016 |
| June 2020 | -2.2% | £727,660 |
| June 2019 | 1.6% | £744,263 |
| June 2018 | 5.6% | £732,890 |
| June 2017 | 9.3% | £693,865 |
| June 2016 | 10.5% | £635,111 |
| June 2015 | 8.4% | £574,767 |
| June 2014 | 6.4% | £530,471 |
| June 2013 | 4.3% | £498,661 |
| June 2012 | -6.1% | £477,888 |
| June 2011 | -2.2% | £508,741 |
| June 2010 | 17.6% | £520,265 |
| June 2009 | -20.5% | £442,412 |
| June 2008 | -8.2% | £556,432 |
| June 2007 | 0% | £606,245 |
Rental Market Trends
The current average rental value in the postcode is £2,710.
The B3 1HL Rental Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £2,710pcm |
| June 2025 | -1.1% | £2,729pcm |
| June 2024 | 3.4% | £2,758pcm |
| June 2023 | 10.9% | £2,667pcm |
| June 2022 | 12.4% | £2,404pcm |
| June 2021 | -0.8% | £2,138pcm |
| June 2020 | -0.9% | £2,155pcm |
| June 2019 | -1.5% | £2,174pcm |
| June 2018 | 1.6% | £2,207pcm |
| June 2017 | 1.5% | £2,172pcm |
| June 2016 | 5% | £2,141pcm |
| June 2015 | 4.8% | £2,038pcm |
| June 2014 | 3.3% | £1,945pcm |
| June 2013 | 0.9% | £1,883pcm |
| June 2012 | 0.6% | £1,866pcm |
| June 2011 | 2% | £1,856pcm |
| June 2010 | 3.7% | £1,820pcm |
| June 2009 | -2.8% | £1,755pcm |
| June 2008 | 1.4% | £1,804pcm |
| June 2007 | 0% | £1,779pcm |
Sales History
The last sale was on 16th April 2021 for £530,000 and since then the market in the area has decreased by 10.5%. The postcode has had a total of 9 sales since 1995.
B3 1HL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2021£530,000 | 3 Bed FlatApartment 6, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HLApartment 6, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HL
- Sold Sep 2019£575,000 | 3 Bed FlatApartment 5, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HLApartment 5, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HL
- Sold Jul 2019£675,000 | 3 Bed FlatApartment 1, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HLApartment 1, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HL
- Sold Dec 2015£430,000 | 3 Bed FlatApartment 4, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HLApartment 4, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HL
- Sold Dec 2015£570,000 | 3 Bed FlatApartment 3, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HLApartment 3, Rifle Maker Building 32-35, Water Street, Birmingham, B3 1HL
Nearby Postcodes
B3 1HL is the 142nd largest and the 400th most expensive postcode out of the 532 postcodes in the B3 area.
- B3 1HN, Water Street, Birmingham, B3B3 1HN14 Addresses|36 m away
- B3 1HP, Water Street, Birmingham, B3B3 1HP15 Addresses|40 m away
- B3 1BG, Mary Ann Street, Birmingham, B3B3 1BG98 Addresses|53 m away
- B3 1EB, Mary Ann Street, Birmingham, B3B3 1EB40 Addresses|53 m away
- B3 1RL, Mary Ann Street, Birmingham, B3B3 1RL1 Addresses|56 m away
Property Types
- 1 period house built between 1800 and 1911
- 6 modern flats built after 1980
- period house (1)
- modern flat (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (5)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jul 2018£1,850,000 | 3 Bed FlatApartment 2, 64, Water Street, Birmingham, B3 1HNApartment 2, 64, Water Street, Birmingham, B3 1HN
- Sold May 2023£850,000 | 3 Bed FlatFlat 2, Viceroy House 65, Water Street, Birmingham, B3 1HNFlat 2, Viceroy House 65, Water Street, Birmingham, B3 1HN
- Sold Apr 2021£800,000 | 3 Bed FlatFlat 3, Viceroy House 65, Water Street, Birmingham, B3 1HNFlat 3, Viceroy House 65, Water Street, Birmingham, B3 1HN
Schools Nearby
- St George's Church of England Academy, Newtown500 m away
- St Chad's Catholic Primary School800 m away
- Nelson Primary School1.0 km away
- Jewellery Quarter Academy800 m away
- Birmingham Ormiston Academy1.0 km away
- Nishkam High School1.2 km away
More reading links
Public Transport Nearby
The closest station to B3 1HL is Birmingham Snow Hill station, which is 300 metres away.
- Birmingham Snow Hill|300 m away
- Jewellery Quarter|800 m away
- Birmingham New Street|900 m away
- Birmingham Moor Street|1.0 km away