Hanging Lane - B31 5LP
Key Postcode Insights
B31 5LP is a residential postcode situated on Hanging Lane, Birmingham, B31 with 9 addresses.
It ranks as the 216th largest and 824th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £279,125
- 10 Year change
- up 54.3%
- Ave. Rental Price
- £1,193pcm
- 10 Year change
- up 61.1%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
B31 5LP is a residential postcode situated on Hanging Lane, Birmingham, B31 with 9 addresses.
It ranks as the 216th largest and 824th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £279,125
- 10 Year change
- up 54.3%
- Ave. Rental Price
- £1,193pcm
- 10 Year change
- up 61.1%
- Ave. £ per ft²
- £275/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin B31 5LP
- 2 Hanging Lane
3 Bed Mid-century House
- 4 Hanging Lane
House
- 6 Hanging Lane
3 Bed Mid-century House
- 8 Hanging Lane
3 Bed Mid-century House
- 10 Hanging Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in B31 5LP sold for £218,500 on 8th November 2024. Since then prices are up an average of 0.3%.
The current average value in the postcode is £279,125.
The B31 5LP Sales Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £279,125 |
| June 2025 | 1.3% | £281,979 |
| June 2024 | 1.4% | £278,313 |
| June 2023 | 5.1% | £274,559 |
| June 2022 | 10.1% | £261,268 |
| June 2021 | 7.5% | £237,393 |
| June 2020 | 0.5% | £220,848 |
| June 2019 | 4.5% | £219,807 |
| June 2018 | 5.2% | £210,327 |
| June 2017 | 10.5% | £199,958 |
| June 2016 | 4.8% | £180,881 |
| June 2015 | 4.5% | £172,652 |
| June 2014 | 4.8% | £165,210 |
| June 2013 | 3.6% | £157,591 |
| June 2012 | 1.6% | £152,170 |
| June 2011 | 0.8% | £149,810 |
| June 2010 | 5.2% | £148,632 |
| June 2009 | -6.8% | £141,239 |
| June 2008 | -6.2% | £151,528 |
| June 2007 | 0% | £161,614 |
Rental Market Trends
The current average rental value in the postcode is £1,193.
The B31 5LP Rental Market has increased by 61.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,193pcm |
| June 2025 | 3.4% | £1,172pcm |
| June 2024 | 8% | £1,133pcm |
| June 2023 | 11.5% | £1,049pcm |
| June 2022 | 8.6% | £941pcm |
| June 2021 | 5.2% | £866pcm |
| June 2020 | 2.8% | £823pcm |
| June 2019 | 1.5% | £801pcm |
| June 2018 | 2.1% | £789pcm |
| June 2017 | 4.3% | £773pcm |
| June 2016 | 4.9% | £741pcm |
| June 2015 | 3.8% | £706pcm |
| June 2014 | 3.7% | £680pcm |
| June 2013 | 1.7% | £656pcm |
| June 2012 | 2.1% | £645pcm |
| June 2011 | 0.5% | £632pcm |
| June 2010 | 6.8% | £629pcm |
| June 2009 | -2.1% | £589pcm |
| June 2008 | -0.8% | £602pcm |
| June 2007 | 0% | £606pcm |
Sales History
The last sale was on 8th November 2024 for £218,500 and since then the market in the area has increased by 0.3%. The postcode has had a total of 12 sales since 1995.
B31 5LP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£218,500 | 3 Bed House6, Hanging Lane, Birmingham, B31 5LP6, Hanging Lane, Birmingham, B31 5LP
- Sold Jun 2022£295,000 | 3 Bed House10, Hanging Lane, Birmingham, B31 5LP10, Hanging Lane, Birmingham, B31 5LP
- Sold Apr 2019£212,000 | 3 Bed House12, Hanging Lane, Birmingham, B31 5LP12, Hanging Lane, Birmingham, B31 5LP
- Sold Jan 2018£183,000 | 3 Bed House10, Hanging Lane, Birmingham, B31 5LP10, Hanging Lane, Birmingham, B31 5LP
- Sold Jan 2017£135,000 | 3 Bed House10, Hanging Lane, Birmingham, B31 5LP10, Hanging Lane, Birmingham, B31 5LP
Nearby Postcodes
B31 5LP is the 216th largest and the 824th most expensive postcode out of the 1,118 postcodes in the B31 area.
- B31 5LR, Lomas Drive, Birmingham, B31B31 5LR62 Addresses|81 m away
- B31 5LW, Frankley Beeches Road, Birmingham, B31B31 5LW38 Addresses|114 m away
- B31 5LN, Frankley Beeches Road, Birmingham, B31B31 5LN29 Addresses|133 m away
- B31 1RZ, Hoggs Lane, Birmingham, B31B31 1RZ1 Addresses|135 m away
- B31 5BA, Fairway, Northfield, Birmingham, B31B31 5BA48 Addresses|155 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- mid-century house (6)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Feb 2022£470,000 | 4 Bed House101, Hanging Lane, Birmingham, B31 5DA101, Hanging Lane, Birmingham, B31 5DA
- Sold May 2024£400,000 | 4 Bed House118, Hanging Lane, Birmingham, B31 5BZ118, Hanging Lane, Birmingham, B31 5BZ
- Sold Oct 2020£370,000 | 4 Bed House142, Hanging Lane, Birmingham, B31 5BY142, Hanging Lane, Birmingham, B31 5BY
Schools Nearby
- St Brigid's Catholic Primary School500 m away
- Merritts Brook Primary E-ACT Academy600 m away
- The Meadows Primary School800 m away
- King Edward VI Northfield School for Girls1.4 km away
- Turves Green Boys' School1.6 km away
- Colmers School and Sixth Form College2.1 km away
More reading links
Public Transport Nearby
The closest station to B31 5LP is Northfield station, which is 1.2 kilometres away.
- Northfield|1.2 km away
- Longbridge|1.5 km away
- Kings Norton|3.4 km away
- Bournville|4.3 km away
