Mill Lane - B31 2RN
Key Postcode Insights
B31 2RN is a residential postcode situated on Mill Lane, Northfield, Birmingham, B31 with 21 addresses.
It ranks as the 578th largest and 517th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 19 houses and 2 flats.
- Ave. Sale Price
- £213,898
- 10 Year change
- up 52.0%
- Ave. Rental Price
- £1,155pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
B31 2RN is a residential postcode situated on Mill Lane, Northfield, Birmingham, B31 with 21 addresses.
It ranks as the 578th largest and 517th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 19 houses and 2 flats.
- Ave. Sale Price
- £213,898
- 10 Year change
- up 52.0%
- Ave. Rental Price
- £1,155pcm
- 10 Year change
- up 58.8%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin B31 2RN
- 125 Mill Lane
3 Bed Period House
- 127 Mill Lane
3 Bed Period House
- 129 Mill Lane
3 Bed Period House
- 131 Mill Lane
3 Bed Period House
- 133 Mill Lane
3 Bed Period House
Sales Market Trends
The last sale in B31 2RN sold for £176,000 on 17th August 2021. Since then prices are up an average of 19.1%.
The current average value in the postcode is £213,898.
The B31 2RN Sales Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £213,898 |
| June 2025 | 1.5% | £215,349 |
| June 2024 | 1.9% | £212,096 |
| June 2023 | 4.7% | £208,071 |
| June 2022 | 9.7% | £198,694 |
| June 2021 | 7% | £181,120 |
| June 2020 | 0.7% | £169,221 |
| June 2019 | 4.3% | £168,087 |
| June 2018 | 4.6% | £161,113 |
| June 2017 | 9.4% | £153,992 |
| June 2016 | 4.4% | £140,704 |
| June 2015 | 4.2% | £134,763 |
| June 2014 | 4.6% | £129,365 |
| June 2013 | 3.3% | £123,735 |
| June 2012 | 1% | £119,763 |
| June 2011 | 0.3% | £118,617 |
| June 2010 | 3.7% | £118,301 |
| June 2009 | -8.3% | £114,063 |
| June 2008 | -6.4% | £124,378 |
| June 2007 | 0% | £132,921 |
Rental Market Trends
The current average rental value in the postcode is £1,155.
The B31 2RN Rental Market has increased by 58.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,155pcm |
| June 2025 | 3.7% | £1,131pcm |
| June 2024 | 8.7% | £1,090pcm |
| June 2023 | 11.1% | £1,003pcm |
| June 2022 | 8.3% | £903pcm |
| June 2021 | 4.7% | £834pcm |
| June 2020 | 3% | £797pcm |
| June 2019 | 1.3% | £774pcm |
| June 2018 | 1.6% | £764pcm |
| June 2017 | 3.3% | £752pcm |
| June 2016 | 4.6% | £728pcm |
| June 2015 | 3.5% | £696pcm |
| June 2014 | 3.4% | £672pcm |
| June 2013 | 1.5% | £651pcm |
| June 2012 | 1.5% | £641pcm |
| June 2011 | -0.1% | £632pcm |
| June 2010 | 5.2% | £632pcm |
| June 2009 | -3.7% | £601pcm |
| June 2008 | -1% | £624pcm |
| June 2007 | 0% | £630pcm |
Sales History
The last sale was on 17th August 2021 for £176,000 and since then the market in the area has increased by 19.1%. The postcode has had a total of 32 sales since 1995.
B31 2RN has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2021£176,000 | 3 Bed House161, Mill Lane, Birmingham, B31 2RN161, Mill Lane, Birmingham, B31 2RN
- Sold Jun 2021£195,000 | 4 Bed House139, Mill Lane, Birmingham, B31 2RN139, Mill Lane, Birmingham, B31 2RN
- Sold Jun 2021£175,000 | 3 Bed House127, Mill Lane, Birmingham, B31 2RN127, Mill Lane, Birmingham, B31 2RN
- Sold Jan 2021£172,000 | 3 Bed House163, Mill Lane, Birmingham, B31 2RN163, Mill Lane, Birmingham, B31 2RN
- Sold Sep 2020£163,000 | 3 Bed House129, Mill Lane, Birmingham, B31 2RN129, Mill Lane, Birmingham, B31 2RN
Nearby Postcodes
B31 2RN is the 578th largest and the 517th most expensive postcode out of the 1,118 postcodes in the B31 area.
- B31 2RG, Steel Road, Birmingham, B31B31 2RG48 Addresses|138 m away
- B31 2RL, Hawkesley Mill Lane, Birmingham, B31B31 2RL36 Addresses|147 m away
- B31 2RQ, Steel Road, Birmingham, B31B31 2RQ29 Addresses|150 m away
- B31 2PB, Impey Road, Birmingham, B31B31 2PB22 Addresses|153 m away
- B31 2RJ, Hawkesley Mill Lane, Birmingham, B31B31 2RJ39 Addresses|156 m away
Property Types
- 14 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 5 other addresses of unknown type
- period house (14)
- period flat (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (1)
- G (0)
- D (8)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Jun 2021£420,000 | 5 Bed House15, Mill Lane, Birmingham, B31 2RT15, Mill Lane, Birmingham, B31 2RT
- Sold Nov 2022£415,000 | 4 Bed House23, Mill Lane, Birmingham, B31 2RT23, Mill Lane, Birmingham, B31 2RT
- Sold Feb 2023£380,000 | 3 Bed House33, Mill Lane, Birmingham, B31 2RT33, Mill Lane, Birmingham, B31 2RT
Schools Nearby
- The Meadows Primary School500 m away
- Turves Green Primary School600 m away
- St Brigid's Catholic Primary School800 m away
- King Edward VI Northfield School for Girls500 m away
- Turves Green Boys' School700 m away
- St Thomas Aquinas Catholic School1.9 km away
More reading links
Public Transport Nearby
The closest station to B31 2RN is Northfield station, which is 700 metres away.
- Northfield|700 m away
- Longbridge|1.0 km away
- Kings Norton|2.9 km away
- Bournville|4.1 km away
