Parsonage Drive - B45 8AR
Key Postcode Insights
B45 8AR is a residential postcode situated on Parsonage Drive, Cofton Hackett, Birmingham, B45 with 22 addresses.
It ranks as the 384th largest of the 679 postcodes in the B45 area.
The postcode contains a total of 22 properties: 11 houses and 11 other properties.
- Ave. Sale Price
- £308,051
- 10 Year change
- up 45.9%
- Ave. Rental Price
- £1,287pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
B45 8AR is a residential postcode situated on Parsonage Drive, Cofton Hackett, Birmingham, B45 with 22 addresses.
It ranks as the 384th largest of the 679 postcodes in the B45 area.
The postcode contains a total of 22 properties: 11 houses and 11 other properties.
- Ave. Sale Price
- £308,051
- 10 Year change
- up 45.9%
- Ave. Rental Price
- £1,287pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Properties in B45 8AR
- 13 Parsonage Drive
House
- 15 Parsonage Drive
House
- 17 Parsonage Drive
4 Bed Mid-century House
- 19 Parsonage Drive
4 Bed Mid-century House
- 21 Parsonage Drive
4 Bed Early-century House
Sales Market Trends
The last sale in B45 8AR sold for £315,000 on 29th November 2024. Since then prices have on average remained the same.
The current average value in the postcode is £308,051.
The B45 8AR Sales Market has increased by 45.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £308,051 |
| June 2025 | 0.6% | £309,484 |
| June 2024 | 0.5% | £307,760 |
| June 2023 | 3.2% | £306,178 |
| June 2022 | 9.5% | £296,587 |
| June 2021 | 8.5% | £270,745 |
| June 2020 | 1.6% | £249,636 |
| June 2019 | 3.3% | £245,722 |
| June 2018 | 4.3% | £237,822 |
| June 2017 | 8% | £228,067 |
| June 2016 | 9.2% | £211,203 |
| June 2015 | 1.4% | £193,364 |
| June 2014 | 6.1% | £190,621 |
| June 2013 | 2.7% | £179,745 |
| June 2012 | 0.7% | £175,004 |
| June 2011 | -1.8% | £173,727 |
| June 2010 | 11.3% | £176,828 |
| June 2009 | -8.5% | £158,918 |
| June 2008 | -3.1% | £173,629 |
| June 2007 | 0% | £179,202 |
Rental Market Trends
The current average rental value in the postcode is £1,287.
The B45 8AR Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,287pcm |
| June 2025 | 2.2% | £1,255pcm |
| June 2024 | 8% | £1,228pcm |
| June 2023 | 11.1% | £1,137pcm |
| June 2022 | 8.5% | £1,024pcm |
| June 2021 | 6.1% | £944pcm |
| June 2020 | 2.6% | £890pcm |
| June 2019 | 1% | £867pcm |
| June 2018 | 2.1% | £858pcm |
| June 2017 | 4.6% | £841pcm |
| June 2016 | 5% | £804pcm |
| June 2015 | 3.5% | £766pcm |
| June 2014 | 3.7% | £740pcm |
| June 2013 | 0.9% | £714pcm |
| June 2012 | 2.6% | £707pcm |
| June 2011 | 0.9% | £690pcm |
| June 2010 | 7.1% | £683pcm |
| June 2009 | -1.7% | £638pcm |
| June 2008 | -1.7% | £649pcm |
| June 2007 | 0% | £661pcm |
Sales History
The last recorded sale was on 29th November 2024 for £315,000 and since then the market in the area has remained stable.
B45 8AR has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Nov 2024£315,000 | 3 Bed House26, Parsonage Drive, Birmingham, B45 8AR26, Parsonage Drive, Birmingham, B45 8AR
- Sold Sep 2024£300,000 | 3 Bed House56, Parsonage Drive, Birmingham, B45 8AR56, Parsonage Drive, Birmingham, B45 8AR
- Sold Dec 2023£308,000 | 3 Bed House50, Parsonage Drive, Birmingham, B45 8AR50, Parsonage Drive, Birmingham, B45 8AR
Nearby Postcodes
B45 8AR is the 384th largest and the 432nd most expensive postcode out of the 679 postcodes in the B45 area.
- B45 8AS, Parsonage Drive, Cofton Hackett, Birmingham, B45B45 8AS17 Addresses|87 m away
- B45 8GW, Fairey Street, Cofton Hackett, Birmingham, B45B45 8GW39 Addresses|121 m away
- B45 8GZ, Healey Avenue, Cofton Hackett, Birmingham, B45B45 8GZ11 Addresses|122 m away
- B45 8GQ, Shadow Close, Cofton Hackett, Birmingham, B45B45 8GQ24 Addresses|129 m away
- B45 8GU, Fairey Street, Cofton Hackett, Birmingham, B45B45 8GU30 Addresses|133 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Feb 2022£351,500 | 4 Bed House17, Parsonage Drive, Birmingham, B45 8AR17, Parsonage Drive, Birmingham, B45 8AR
- Sold Nov 2024£315,000 | 3 Bed House26, Parsonage Drive, Birmingham, B45 8AR26, Parsonage Drive, Birmingham, B45 8AR
- Sold Dec 2023£308,000 | 3 Bed House50, Parsonage Drive, Birmingham, B45 8AR50, Parsonage Drive, Birmingham, B45 8AR
Schools Nearby
- Rednal Hill Junior School1.5 km away
- Rednal Hill Infant School1.5 km away
- St Columba's Catholic Primary School1.5 km away
- Colmers School and Sixth Form College2.0 km away
- Turves Green Boys' School2.3 km away
- King Edward VI Northfield School for Girls2.6 km away
More reading links
Public Transport Nearby
The closest station to B45 8AR is Longbridge station, which is 1.8 kilometres away.
- Longbridge|1.8 km away
- Barnt Green|2.2 km away
- Northfield|3.4 km away
- Alvechurch|4.1 km away
