Lockwood Road - B31 1PZ
Key Postcode Insights
B31 1PZ is a residential postcode situated on Lockwood Road, Birmingham, B31 with 17 addresses.
It ranks as the 444th largest and 522nd most expensive of the 1,118 postcodes in the B31 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 17 properties: 14 houses and 3 flats.
- Ave. Sale Price
- £198,556
- 10 Year change
- up 50.5%
- Ave. Rental Price
- £1,086pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
B31 1PZ is a residential postcode situated on Lockwood Road, Birmingham, B31 with 17 addresses.
It ranks as the 444th largest and 522nd most expensive of the 1,118 postcodes in the B31 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 17 properties: 14 houses and 3 flats.
- Ave. Sale Price
- £198,556
- 10 Year change
- up 50.5%
- Ave. Rental Price
- £1,086pcm
- 10 Year change
- up 57.0%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin B31 1PZ
- 26 Lockwood Road
Building  |  2 Flats
- 28 Lockwood Road
Building  |  2 Flats
- 29 Lockwood Road
4 Bed Mid-century House
- 30 Lockwood Road
4 Bed Early-century House
- 31 Lockwood Road
3 Bed Early-century House
Sales Market Trends
The last sale in B31 1PZ sold for £190,000 on 22nd February 2024. Since then prices are up an average of 4.6%.
The current average value in the postcode is £198,556.
The B31 1PZ Sales Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £198,556 |
| June 2025 | 1.4% | £199,724 |
| June 2024 | 2.2% | £196,979 |
| June 2023 | 4.7% | £192,745 |
| June 2022 | 9.5% | £184,130 |
| June 2021 | 6.8% | £168,207 |
| June 2020 | 0.8% | £157,548 |
| June 2019 | 4.3% | £156,346 |
| June 2018 | 4.2% | £149,834 |
| June 2017 | 9% | £143,830 |
| June 2016 | 4.5% | £131,974 |
| June 2015 | 4% | £126,279 |
| June 2014 | 4.2% | £121,458 |
| June 2013 | 3.2% | £116,539 |
| June 2012 | 0.7% | £112,951 |
| June 2011 | -0.2% | £112,124 |
| June 2010 | 3.4% | £112,315 |
| June 2009 | -9.6% | £108,663 |
| June 2008 | -6.2% | £120,151 |
| June 2007 | 0% | £128,115 |
Rental Market Trends
The current average rental value in the postcode is £1,086.
The B31 1PZ Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,086pcm |
| June 2025 | 3.2% | £1,062pcm |
| June 2024 | 8.9% | £1,030pcm |
| June 2023 | 11.1% | £946pcm |
| June 2022 | 7.9% | £851pcm |
| June 2021 | 4.7% | £788pcm |
| June 2020 | 3.1% | £753pcm |
| June 2019 | 1.3% | £730pcm |
| June 2018 | 1.1% | £721pcm |
| June 2017 | 3% | £713pcm |
| June 2016 | 4.5% | £692pcm |
| June 2015 | 3.3% | £662pcm |
| June 2014 | 3% | £641pcm |
| June 2013 | 1.3% | £622pcm |
| June 2012 | 1.3% | £614pcm |
| June 2011 | -0.4% | £606pcm |
| June 2010 | 4.6% | £608pcm |
| June 2009 | -4.9% | £581pcm |
| June 2008 | -0.9% | £611pcm |
| June 2007 | 0% | £616pcm |
Sales History
The last sale was on 22nd February 2024 for £190,000 and since then the market in the area has increased by 4.6%. The postcode has had a total of 13 sales since 1995.
B31 1PZ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2024£190,000 | 3 Bed House34, Lockwood Road, Birmingham, B31 1PZ34, Lockwood Road, Birmingham, B31 1PZ
- Sold Aug 2023£277,000 | 4 Bed House30, Lockwood Road, Birmingham, B31 1PZ30, Lockwood Road, Birmingham, B31 1PZ
- Sold Mar 2023£135,000 | 3 Bed House32, Lockwood Road, Birmingham, B31 1PZ32, Lockwood Road, Birmingham, B31 1PZ
- Sold Oct 2022£200,000 | 3 Bed House31, Lockwood Road, Birmingham, B31 1PZ31, Lockwood Road, Birmingham, B31 1PZ
- Sold Sep 2021£180,000 | 4 Bed House29, Lockwood Road, Birmingham, B31 1PZ29, Lockwood Road, Birmingham, B31 1PZ
Nearby Postcodes
B31 1PZ is the 444th largest and the 522nd most expensive postcode out of the 1,118 postcodes in the B31 area.
- B31 1QA, Hilary Grove, Birmingham, B31B31 1QA16 Addresses|89 m away
- B31 2NQ, Bristol Road South, Northfield, Birmingham, B31B31 2NQ42 Addresses|126 m away
- B31 1QB, Bellwood Road, Birmingham, B31B31 1QB40 Addresses|128 m away
- B31 2PA, Bristol Road South, Northfield, Birmingham, B31B31 2PA12 Addresses|157 m away
- B31 1FF, Bluebell Croft, Northfield, Birmingham, B31B31 1FF16 Addresses|166 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 6 early-century houses built between 1912 and 1935
- 4 early-century flats built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (1)
- early-century house (6)
- early-century flat (4)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (6)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Nov 2023£295,000 | 3 Bed House105, Lockwood Road, Birmingham, B31 1QE105, Lockwood Road, Birmingham, B31 1QE
- Sold Aug 2023£277,000 | 4 Bed House30, Lockwood Road, Birmingham, B31 1PZ30, Lockwood Road, Birmingham, B31 1PZ
- Sold Oct 2023£270,000 | 4 Bed House49, Lockwood Road, Birmingham, B31 1QE49, Lockwood Road, Birmingham, B31 1QE
Schools Nearby
- Bellfield Infant School (NC)200 m away
- Bellfield Junior School200 m away
- St Brigid's Catholic Primary School400 m away
- King Edward VI Northfield School for Girls1.5 km away
- E-ACT Shenley Academy1.7 km away
- Turves Green Boys' School1.8 km away
More reading links
Public Transport Nearby
The closest station to B31 1PZ is Northfield station, which is 900 metres away.
- Northfield|900 m away
- Longbridge|2.1 km away
- Kings Norton|2.7 km away
- Bournville|3.5 km away