Mill Lane - B31 2RT
Key Postcode Insights
B31 2RT is a residential postcode situated on Mill Lane, Northfield, Birmingham, B31 with 19 addresses.
It ranks as the 517th largest and 1035th 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 19 properties: 19 houses.
- Ave. Sale Price
- £368,735
- 10 Year change
- up 52.1%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
B31 2RT is a residential postcode situated on Mill Lane, Northfield, Birmingham, B31 with 19 addresses.
It ranks as the 517th largest and 1035th 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 19 properties: 19 houses.
- Ave. Sale Price
- £368,735
- 10 Year change
- up 52.1%
- Ave. Rental Price
- £1,380pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin B31 2RT
- 11 Mill Lane
3 Bed Period House
- 15 Mill Lane
5 Bed Period House
- 17 Mill Lane
4 Bed Period House
- 21 Mill Lane
House
- 23 Mill Lane
4 Bed Mid-century House
Sales Market Trends
The last sale in B31 2RT sold for £380,000 on 3rd February 2023. Since then prices are up an average of 2.1%.
The current average value in the postcode is £368,735.
The B31 2RT Sales Market has increased by 52.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £368,735 |
| June 2025 | 0.7% | £374,193 |
| June 2024 | 1.4% | £371,643 |
| June 2023 | 4.9% | £366,553 |
| June 2022 | 9.9% | £349,403 |
| June 2021 | 7.5% | £318,002 |
| June 2020 | 0.4% | £295,889 |
| June 2019 | 4.5% | £294,698 |
| June 2018 | 5.2% | £281,960 |
| June 2017 | 10.6% | £268,104 |
| June 2016 | 4.8% | £242,488 |
| June 2015 | 4.5% | £231,427 |
| June 2014 | 4.8% | £221,417 |
| June 2013 | 3.6% | £211,327 |
| June 2012 | 1.5% | £204,080 |
| June 2011 | 0.9% | £201,053 |
| June 2010 | 5.6% | £199,198 |
| June 2009 | -6.6% | £188,700 |
| June 2008 | -6.3% | £202,132 |
| June 2007 | 0% | £215,824 |
Rental Market Trends
The current average rental value in the postcode is £1,380.
The B31 2RT Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £1,380pcm |
| June 2025 | 2.5% | £1,362pcm |
| June 2024 | 8% | £1,328pcm |
| June 2023 | 11.3% | £1,229pcm |
| June 2022 | 8.4% | £1,104pcm |
| June 2021 | 5.4% | £1,019pcm |
| June 2020 | 2.7% | £967pcm |
| June 2019 | 1.5% | £941pcm |
| June 2018 | 2.1% | £928pcm |
| June 2017 | 4.4% | £909pcm |
| June 2016 | 4.9% | £870pcm |
| June 2015 | 3.8% | £830pcm |
| June 2014 | 3.6% | £799pcm |
| June 2013 | 1.7% | £772pcm |
| June 2012 | 2% | £759pcm |
| June 2011 | 0.6% | £744pcm |
| June 2010 | 7% | £739pcm |
| June 2009 | -1.9% | £690pcm |
| June 2008 | -0.9% | £704pcm |
| June 2007 | 0% | £710pcm |
Sales History
The last sale was on 3rd February 2023 for £380,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 27 sales since 1995.
B31 2RT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£380,000 | 3 Bed House33, Mill Lane, Birmingham, B31 2RT33, Mill Lane, Birmingham, B31 2RT
- Sold Nov 2022£415,000 | 4 Bed House23, Mill Lane, Birmingham, B31 2RT23, Mill Lane, Birmingham, B31 2RT
- Sold Jun 2022£236,555 | 3 Bed House55, Mill Lane, Birmingham, B31 2RT55, Mill Lane, Birmingham, B31 2RT
- Sold Jun 2021£420,000 | 5 Bed House15, Mill Lane, Birmingham, B31 2RT15, Mill Lane, Birmingham, B31 2RT
- Sold Mar 2021£317,500 | 3 Bed House11, Mill Lane, Birmingham, B31 2RT11, Mill Lane, Birmingham, B31 2RT
Nearby Postcodes
B31 2RT is the 517th largest and the 1035th most expensive postcode out of the 1,118 postcodes in the B31 area.
- B31 2QZ, South Road, Northfield, Birmingham, B31B31 2QZ33 Addresses|76 m away
- B31 2QY, South Road, Northfield, Birmingham, B31B31 2QY27 Addresses|114 m away
- B31 2RS, Greenslade Croft, Birmingham, B31B31 2RS18 Addresses|129 m away
- B31 4AW, Harpers Road, Northfield, Birmingham, B31B31 4AW36 Addresses|151 m away
- B31 2QJ, Quarry Lane, Birmingham, B31B31 2QJ4 Addresses|157 m away
Property Types
- 9 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- period house (9)
- mid-century house (1)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (7)
- No EPC (9)
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
- St Brigid's Catholic Primary School700 m away
- Turves Green Primary School800 m away
- The Meadows Primary School800 m away
- King Edward VI Northfield School for Girls600 m away
- Turves Green Boys' School900 m away
- St Thomas Aquinas Catholic School1.6 km away
More reading links
Public Transport Nearby
The closest station to B31 2RT is Northfield station, which is 300 metres away.
- Northfield|300 m away
- Longbridge|1.4 km away
- Kings Norton|2.6 km away
- Bournville|3.7 km away
