B31 3JG is a residential postcode situated on Aldersmead Road, Birmingham, B31 with 50 addresses.
It ranks as the 1053rd largest and 180th most expensive of the 1,118 postcodes in the B31 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 50 properties: 25 houses and 25 flats.
B31 3JG is a residential postcode situated on Aldersmead Road, Birmingham, B31 with 50 addresses.
It ranks as the 1053rd largest and 180th most expensive of the 1,118 postcodes in the B31 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 50 properties: 25 houses and 25 flats.
Sale prices range from £92,332 for 2 bedroom leasehold flats (484 ft2) to £252,468 for 4 bedroom freehold houses with a garden (1,431 ft2) .
Monthly rental prices range from £472 pcm for 2 bed flats to £859 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 6.1%.
The average value per square foot is £191.
The last sale in B31 3JG sold for £125,000 on 14th August 2020. Since then prices are up an average of 56.1%.
The current average value in the postcode is £149,244.
The B31 3JG Sales Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £149,244 |
| April 2025 | 2.1% | £150,743 |
| April 2024 | 1.3% | £147,655 |
| April 2023 | 6% | £145,702 |
| April 2022 | 9.7% | £137,406 |
| April 2021 | 5.3% | £125,277 |
| April 2020 | 1.8% | £118,989 |
| April 2019 | 3.7% | £116,891 |
| April 2018 | 5.3% | £112,685 |
| April 2017 | 6% | £107,051 |
| April 2016 | 6.3% | £101,016 |
| April 2015 | 4.4% | £95,070 |
| April 2014 | 6% | £91,072 |
| April 2013 | 2.4% | £85,878 |
| April 2012 | 0.3% | £83,890 |
| April 2011 | -1% | £83,663 |
| April 2010 | 1.9% | £84,488 |
| April 2009 | -13.8% | £82,922 |
| April 2008 | -2.3% | £96,237 |
| April 2007 | 0% | £98,470 |
The current average rental value in the postcode is £637.
The B31 3JG Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £637pcm |
| April 2025 | -14.5% | £615pcm |
| April 2024 | 2.9% | £719pcm |
| April 2023 | 13.5% | £699pcm |
| April 2022 | 0.3% | £615pcm |
| April 2021 | 24.5% | £614pcm |
| April 2020 | 2.8% | £493pcm |
| April 2019 | 0.4% | £479pcm |
| April 2018 | -0.8% | £478pcm |
| April 2017 | 4.2% | £481pcm |
| April 2016 | 6.4% | £462pcm |
| April 2015 | -0.9% | £434pcm |
| April 2014 | 6.7% | £438pcm |
| April 2013 | 2.4% | £411pcm |
| April 2012 | 0.3% | £401pcm |
| April 2011 | 1.6% | £400pcm |
| April 2010 | 1% | £394pcm |
| April 2009 | -6% | £390pcm |
| April 2008 | 2% | £415pcm |
| April 2007 | 0% | £407pcm |
The last sale was on 14th August 2020 for £125,000 and since then the market in the area has increased by 56.1%. The postcode has had a total of 7 sales since 1995.
B31 3JG has seen no sales in the last three years and no sales in the last twelve months.
B31 3JG is the 1053rd largest and the 180th most expensive postcode out of the 1,118 postcodes in the B31 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around B31 3JG, 76.5% of property is socially rented and 9.9% is privately owned outright.
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 3JG, 29.4% of residents are recorded as possessing school level qualifications and 24.5% 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 3JG, the average age was 37 and the most common age was 12.
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 3JG, 0.0% 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 3JG, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.