Nearhill Road - B38 8JT
Key Postcode Insights
B38 8JT is a residential postcode situated on Nearhill Road, Birmingham, B38 with 24 addresses.
It ranks as the 304th largest and 10th most expensive of the 456 postcodes in the B38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 8 houses and 16 flats.
- Ave. Sale Price
- £135,112
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £832pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
B38 8JT is a residential postcode situated on Nearhill Road, Birmingham, B38 with 24 addresses.
It ranks as the 304th largest and 10th most expensive of the 456 postcodes in the B38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 8 houses and 16 flats.
- Ave. Sale Price
- £135,112
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £832pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin B38 8JT
- 32 Nearhill Road
Unknown
- 34 Nearhill Road
Unknown
- 36 Nearhill Road
Unknown
- 38 Nearhill Road
Unknown
- 40 Nearhill Road
Unknown
Sales Market Trends
The last sale in B38 8JT sold for £220,000 on 9th February 2024. Since then prices are up an average of 0.7%.
The current average value in the postcode is £135,112.
The B38 8JT Sales Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £135,112 |
| June 2025 | 0% | £136,171 |
| June 2024 | 1.5% | £136,107 |
| June 2023 | 4% | £134,130 |
| June 2022 | 11.5% | £128,948 |
| June 2021 | 5.7% | £115,699 |
| June 2020 | 2.8% | £109,418 |
| June 2019 | 3% | £106,464 |
| June 2018 | 4.5% | £103,347 |
| June 2017 | 5.1% | £98,923 |
| June 2016 | 7.8% | £94,120 |
| June 2015 | 5.1% | £87,315 |
| June 2014 | 6.6% | £83,051 |
| June 2013 | 3.9% | £77,878 |
| June 2012 | 0.3% | £74,962 |
| June 2011 | -3.2% | £74,724 |
| June 2010 | 7% | £77,163 |
| June 2009 | -14.3% | £72,082 |
| June 2008 | -4.5% | £84,074 |
| June 2007 | 0% | £88,041 |
Rental Market Trends
The current average rental value in the postcode is £832.
The B38 8JT Rental Market has increased by 59.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £832pcm |
| June 2025 | 2.6% | £813pcm |
| June 2024 | 8.6% | £792pcm |
| June 2023 | 11.1% | £730pcm |
| June 2022 | 8.5% | £656pcm |
| June 2021 | 6% | £605pcm |
| June 2020 | 3.1% | £571pcm |
| June 2019 | 1.3% | £554pcm |
| June 2018 | 1.1% | £547pcm |
| June 2017 | 3.7% | £541pcm |
| June 2016 | 5% | £522pcm |
| June 2015 | 3.3% | £497pcm |
| June 2014 | 3.3% | £481pcm |
| June 2013 | 1.7% | £466pcm |
| June 2012 | 1.6% | £458pcm |
| June 2011 | -0.5% | £451pcm |
| June 2010 | 5% | £453pcm |
| June 2009 | -4.7% | £432pcm |
| June 2008 | -0.8% | £453pcm |
| June 2007 | 0% | £457pcm |
Sales History
The last sale was on 9th February 2024 for £220,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 8 sales since 1995.
B38 8JT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£220,000 | 3 Bed House46, Nearhill Road, Birmingham, B38 8JT46, Nearhill Road, Birmingham, B38 8JT
- Sold Apr 2022£83,500 | 2 Bed Flat70, Nearhill Road, Birmingham, B38 8JT70, Nearhill Road, Birmingham, B38 8JT
- Sold May 2017£70,250 | 2 Bed Flat74, Nearhill Road, Birmingham, B38 8JT74, Nearhill Road, Birmingham, B38 8JT
- Sold Jul 2014£120,000 | 3 Bed House42, Nearhill Road, Birmingham, B38 8JT42, Nearhill Road, Birmingham, B38 8JT
- Sold Aug 2012£90,000 | 3 Bed House42, Nearhill Road, Birmingham, B38 8JT42, Nearhill Road, Birmingham, B38 8JT
Nearby Postcodes
B38 8JT is the 304th largest and the 10th most expensive postcode out of the 456 postcodes in the B38 area.
- B38 8JX, Longlands Close, Birmingham, B38B38 8JX27 Addresses|58 m away
- B38 8LZ, Redditch Road, Kings Norton, Birmingham, B38B38 8LZ13 Addresses|68 m away
- B38 8JS, Waggon Walk, Birmingham, B38B38 8JS38 Addresses|87 m away
- B38 8JY, Rainford Way, Birmingham, B38B38 8JY19 Addresses|125 m away
- B38 8LA, Nearhill Road, Birmingham, B38B38 8LA15 Addresses|132 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 15 mid-century flats built between 1936 and 1979
- 6 other addresses of unknown type
- mid-century house (3)
- mid-century flat (15)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (7)
- G (0)
- D (10)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold May 2026£241,250 | 3 Bed House7, Nearhill Road, Birmingham, B38 8LB7, Nearhill Road, Birmingham, B38 8LB
- Sold Feb 2024£220,000 | 3 Bed House46, Nearhill Road, Birmingham, B38 8JT46, Nearhill Road, Birmingham, B38 8JT
- Sold Mar 2026£220,000 | 3 Bed House43, Nearhill Road, Birmingham, B38 8LA43, Nearhill Road, Birmingham, B38 8LA
Schools Nearby
- West Heath Primary School400 m away
- St John Fisher Catholic Primary School600 m away
- Fairway Primary Academy1.0 km away
- King Edward VI Northfield School for Girls1.2 km away
- Turves Green Boys' School1.2 km away
- St Thomas Aquinas Catholic School1.6 km away
More reading links
Public Transport Nearby
The closest station to B38 8JT is Northfield station, which is 1.6 kilometres away.
- Northfield|1.6 km away
- Longbridge|2.0 km away
- Kings Norton|2.3 km away
- Bournville|3.8 km away
