B31 2LY is a residential postcode situated on Old Moat Drive, Birmingham, B31 with 22 addresses.
It ranks as the 606th largest and 976th most expensive of the 1,118 postcodes in the B31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 22 houses.
B31 2LY is a residential postcode situated on Old Moat Drive, Birmingham, B31 with 22 addresses.
It ranks as the 606th largest and 976th most expensive of the 1,118 postcodes in the B31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 22 houses.
Sale prices range from £235,735 for 3 bedroom leasehold houses with a garden (656 ft2) to £350,313 for 4 bedroom freehold houses with a garden (1,237 ft2) .
Monthly rental prices range from £734 pcm for 3 bed houses to £952 pcm for 4 bed houses.
The gross rental yield is between 3.3% and 3.7%.
The average value per square foot is £301.
The last sale in B31 2LY sold for £342,000 on 9th June 2023. Since then prices are up an average of 1.4%.
The current average value in the postcode is £298,790.
The B31 2LY Sales Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £298,790 |
| April 2025 | 2.1% | £307,279 |
| April 2024 | 0.8% | £300,933 |
| April 2023 | 6% | £298,642 |
| April 2022 | 9.7% | £281,732 |
| April 2021 | 6.3% | £256,807 |
| April 2020 | 0.5% | £241,684 |
| April 2019 | 4.5% | £240,594 |
| April 2018 | 6.6% | £230,299 |
| April 2017 | 8.7% | £215,962 |
| April 2016 | 5.3% | £198,723 |
| April 2015 | 5% | £188,748 |
| April 2014 | 5.8% | £179,697 |
| April 2013 | 4.3% | £169,853 |
| April 2012 | 1.4% | £162,805 |
| April 2011 | 1.2% | £160,522 |
| April 2010 | 3.3% | £158,658 |
| April 2009 | -11.1% | £153,531 |
| April 2008 | -3.4% | £172,642 |
| April 2007 | 0% | £178,746 |
The current average rental value in the postcode is £858.
The B31 2LY Rental Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £858pcm |
| April 2025 | -21.2% | £841pcm |
| April 2024 | 1% | £1,068pcm |
| April 2023 | 14.8% | £1,057pcm |
| April 2022 | -1.2% | £921pcm |
| April 2021 | 33.1% | £932pcm |
| April 2020 | 2% | £701pcm |
| April 2019 | 0.3% | £687pcm |
| April 2018 | 0.1% | £685pcm |
| April 2017 | 6.1% | £684pcm |
| April 2016 | 7.2% | £645pcm |
| April 2015 | -2.3% | £601pcm |
| April 2014 | 8.9% | £616pcm |
| April 2013 | 4.4% | £565pcm |
| April 2012 | 0.6% | £541pcm |
| April 2011 | 2.7% | £538pcm |
| April 2010 | 3.5% | £524pcm |
| April 2009 | -4.7% | £506pcm |
| April 2008 | 1.8% | £531pcm |
| April 2007 | 0% | £522pcm |
The last sale was on 9th June 2023 for £342,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 26 sales since 1995.
B31 2LY has seen 1 sale in the last three years and no sales in the last twelve months.
B31 2LY is the 606th largest and the 976th most expensive postcode out of the 1,118 postcodes in the B31 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around B31 2LY, 27.1% of property is privately owned outright and 25.6% is socially rented.
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 B31 2LY, 20.5% of residents are recorded as possessing school level qualifications and 34.7% 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 B31 2LY, the average age was 42.3 and the most common age was 57.
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 B31 2LY, 0.8% 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 B31 2LY, there are an average of 0.8 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.