Steel Road - B31 2RQ
Key Postcode Insights
B31 2RQ is a residential postcode situated on Steel Road, Birmingham, B31 with 29 addresses.
It ranks as the 762nd largest and 1024th 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 29 properties: 29 houses.
- Ave. Sale Price
- £335,611
- 10 Year change
- up 54.9%
- Ave. Rental Price
- £1,252pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
B31 2RQ is a residential postcode situated on Steel Road, Birmingham, B31 with 29 addresses.
It ranks as the 762nd largest and 1024th 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 29 properties: 29 houses.
- Ave. Sale Price
- £335,611
- 10 Year change
- up 54.9%
- Ave. Rental Price
- £1,252pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin B31 2RQ
- 35 Steel Road
House
- 37 Steel Road
House
- 39 Steel Road
3 Bed Early-century House
- 41 Steel Road
House
- 43 Steel Road
3 Bed Early-century House
Sales Market Trends
The last sale in B31 2RQ sold for £306,000 on 20th November 2024. Since then prices are up an average of 0.6%.
The current average value in the postcode is £335,611.
The B31 2RQ Sales Market has increased by 54.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £335,611 |
| June 2025 | 1.3% | £338,626 |
| June 2024 | 1.4% | £334,220 |
| June 2023 | 5.1% | £329,571 |
| June 2022 | 10.1% | £313,577 |
| June 2021 | 7.5% | £284,705 |
| June 2020 | 0.5% | £264,752 |
| June 2019 | 4.6% | £263,429 |
| June 2018 | 5.2% | £251,911 |
| June 2017 | 10.5% | £239,453 |
| June 2016 | 4.8% | £216,720 |
| June 2015 | 4.5% | £206,768 |
| June 2014 | 4.8% | £197,846 |
| June 2013 | 3.6% | £188,703 |
| June 2012 | 1.5% | £182,196 |
| June 2011 | 0.8% | £179,468 |
| June 2010 | 5.1% | £178,066 |
| June 2009 | -7% | £169,482 |
| June 2008 | -6.2% | £182,163 |
| June 2007 | 0% | £194,263 |
Rental Market Trends
The current average rental value in the postcode is £1,252.
The B31 2RQ Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,252pcm |
| June 2025 | 3.5% | £1,228pcm |
| June 2024 | 8.1% | £1,187pcm |
| June 2023 | 11.5% | £1,098pcm |
| June 2022 | 8.7% | £985pcm |
| June 2021 | 5.2% | £906pcm |
| June 2020 | 2.8% | £861pcm |
| June 2019 | 1.5% | £837pcm |
| June 2018 | 2.1% | £825pcm |
| June 2017 | 4.3% | £807pcm |
| June 2016 | 5% | £774pcm |
| June 2015 | 3.8% | £737pcm |
| June 2014 | 3.7% | £710pcm |
| June 2013 | 1.7% | £685pcm |
| June 2012 | 2% | £674pcm |
| June 2011 | 0.5% | £660pcm |
| June 2010 | 6.6% | £657pcm |
| June 2009 | -2.3% | £617pcm |
| June 2008 | -0.7% | £631pcm |
| June 2007 | 0% | £636pcm |
Sales History
The last sale was on 20th November 2024 for £306,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 35 sales since 1995.
B31 2RQ has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£306,000 | 3 Bed House61, Steel Road, Birmingham, B31 2RQ61, Steel Road, Birmingham, B31 2RQ
- Sold May 2024£320,000 | 3 Bed House57, Steel Road, Birmingham, B31 2RQ57, Steel Road, Birmingham, B31 2RQ
- Sold Oct 2023£240,000 | 3 Bed House47, Steel Road, Birmingham, B31 2RQ47, Steel Road, Birmingham, B31 2RQ
- Sold Oct 2023£240,000 | 3 Bed House47, Steel Road, Birmingham, B31 2RQ47, Steel Road, Birmingham, B31 2RQ
- Sold Nov 2022£270,000 | 3 Bed House65, Steel Road, Birmingham, B31 2RQ65, Steel Road, Birmingham, B31 2RQ
Nearby Postcodes
B31 2RQ is the 762nd largest and the 1024th most expensive postcode out of the 1,118 postcodes in the B31 area.
- B31 2RG, Steel Road, Birmingham, B31B31 2RG48 Addresses|48 m away
- B31 2RJ, Hawkesley Mill Lane, Birmingham, B31B31 2RJ39 Addresses|81 m away
- B31 2RL, Hawkesley Mill Lane, Birmingham, B31B31 2RL36 Addresses|117 m away
- B31 2RH, Bristol Road South, Northfield, Birmingham, B31B31 2RH13 Addresses|139 m away
- B31 2RN, Mill Lane, Northfield, Birmingham, B31B31 2RN21 Addresses|150 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 18 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- mid-century house (1)
- house (1)
- early-century house (18)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (1)
- G (0)
- D (15)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Oct 2019£345,000 | 5 Bed House71, Steel Road, Birmingham, B31 2RQ71, Steel Road, Birmingham, B31 2RQ
- Sold Jun 2022£330,000 | 3 Bed House44, Steel Road, Birmingham, B31 2RG44, Steel Road, Birmingham, B31 2RG
- Sold May 2024£320,000 | 3 Bed House57, Steel Road, Birmingham, B31 2RQ57, Steel Road, Birmingham, B31 2RQ
Schools Nearby
- The Meadows Primary School400 m away
- St Brigid's Catholic Primary School700 m away
- Turves Green Primary School700 m away
- King Edward VI Northfield School for Girls600 m away
- Turves Green Boys' School800 m away
- St Thomas Aquinas Catholic School2.0 km away
More reading links
Public Transport Nearby
The closest station to B31 2RQ is Northfield station, which is 700 metres away.
- Northfield|700 m away
- Longbridge|1.1 km away
- Kings Norton|3.0 km away
- Bournville|4.1 km away
