Nearhill Road - B38 8LB
Key Postcode Insights
B38 8LB is a residential postcode situated on Nearhill Road, Birmingham, B38 with 6 addresses.
It ranks as the 71st largest and 271st most expensive of the 456 postcodes in the B38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £229,226
- 10 Year change
- up 53.0%
- Ave. Rental Price
- £1,162pcm
- 10 Year change
- up 70.1%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
B38 8LB is a residential postcode situated on Nearhill Road, Birmingham, B38 with 6 addresses.
It ranks as the 71st largest and 271st most expensive of the 456 postcodes in the B38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £229,226
- 10 Year change
- up 53.0%
- Ave. Rental Price
- £1,162pcm
- 10 Year change
- up 70.1%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin B38 8LB
- 1 Nearhill Road
3 Bed Mid-century House
- 3 Nearhill Road
3 Bed Mid-century House
- 5 Nearhill Road
3 Bed House
- 7 Nearhill Road
3 Bed Mid-century House
- 9 Nearhill Road
3 Bed Mid-century House
Sales Market Trends
The last sale in B38 8LB sold for £241,250 on 1st May 2026. Since then prices are up an average of 0.7%.
The current average value in the postcode is £229,226.
The B38 8LB Sales Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £229,226 |
| June 2025 | 0.7% | £228,641 |
| June 2024 | 1.2% | £226,983 |
| June 2023 | 4.5% | £224,375 |
| June 2022 | 13% | £214,787 |
| June 2021 | 6.7% | £190,072 |
| June 2020 | 3% | £178,145 |
| June 2019 | 3.7% | £172,962 |
| June 2018 | 5.5% | £166,755 |
| June 2017 | 5.5% | £158,088 |
| June 2016 | 8.4% | £149,820 |
| June 2015 | 5.3% | £138,201 |
| June 2014 | 7.2% | £131,213 |
| June 2013 | 4.2% | £122,371 |
| June 2012 | 0.3% | £117,459 |
| June 2011 | -2.8% | £117,051 |
| June 2010 | 6.7% | £120,469 |
| June 2009 | -14% | £112,855 |
| June 2008 | -4.3% | £131,174 |
| June 2007 | 0% | £137,132 |
Rental Market Trends
The current average rental value in the postcode is £1,162.
The B38 8LB Rental Market has increased by 70.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,162pcm |
| June 2025 | 3.3% | £1,123pcm |
| June 2024 | 8.3% | £1,087pcm |
| June 2023 | 11.6% | £1,004pcm |
| June 2022 | 10% | £900pcm |
| June 2021 | 7% | £818pcm |
| June 2020 | 3.3% | £764pcm |
| June 2019 | 1.9% | £740pcm |
| June 2018 | 2.1% | £726pcm |
| June 2017 | 4.1% | £711pcm |
| June 2016 | 5.6% | £683pcm |
| June 2015 | 3.5% | £647pcm |
| June 2014 | 3.9% | £625pcm |
| June 2013 | 2% | £602pcm |
| June 2012 | 1.6% | £590pcm |
| June 2011 | -0.1% | £581pcm |
| June 2010 | 4.7% | £582pcm |
| June 2009 | -4.4% | £556pcm |
| June 2008 | -0.6% | £581pcm |
| June 2007 | 0% | £585pcm |
Sales History
The last sale was on 1st May 2026 for £241,250 and since then the market in the area has increased by 0.7%. The postcode has had a total of 5 sales since 1995.
B38 8LB has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold May 2026£241,250 | 3 Bed House7, Nearhill Road, Birmingham, B38 8LB7, Nearhill Road, Birmingham, B38 8LB
- Sold Jan 2022£210,000 | 3 Bed House7, Nearhill Road, Birmingham, B38 8LB7, Nearhill Road, Birmingham, B38 8LB
- Sold Sep 2017£105,000 | 3 Bed House5, Nearhill Road, Birmingham, B38 8LB5, Nearhill Road, Birmingham, B38 8LB
- Sold Jan 2015£113,500 | 3 Bed House9, Nearhill Road, Birmingham, B38 8LB9, Nearhill Road, Birmingham, B38 8LB
- Sold Nov 2006£56,000 | 3 Bed House7, Nearhill Road, Birmingham, B38 8LB7, Nearhill Road, Birmingham, B38 8LB
Nearby Postcodes
B38 8LB is the 71st largest and the 271st most expensive postcode out of the 456 postcodes in the B38 area.
- B38 8LD, Nearhill Road, Birmingham, B38B38 8LD11 Addresses|41 m away
- B38 8HG, Heathleigh Road, Birmingham, B38B38 8HG25 Addresses|63 m away
- B38 8LA, Nearhill Road, Birmingham, B38B38 8LA15 Addresses|66 m away
- B38 8LF, Kings Park West, Birmingham, B38B38 8LF11 Addresses|75 m away
- B38 8HH, Heathleigh Road, Birmingham, B38B38 8HH34 Addresses|83 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- mid-century house (5)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (1)
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
- Fairway Primary Academy800 m away
- St John Fisher Catholic Primary School800 m away
- King Edward VI Northfield School for Girls1.3 km away
- Turves Green Boys' School1.3 km away
- St Thomas Aquinas Catholic School1.4 km away
More reading links
Public Transport Nearby
The closest station to B38 8LB is Northfield station, which is 1.6 kilometres away.
- Northfield|1.6 km away
- Kings Norton|2.1 km away
- Longbridge|2.1 km away
- Bournville|3.6 km away
