B48 7HT is a residential postcode situated on Alcester Road, Portway, Birmingham, B48 with 18 addresses.
It ranks as the 462nd largest and 651st most expensive of the 886 postcodes in the B48 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 11 houses and 7 flats.
B48 7HT is a residential postcode situated on Alcester Road, Portway, Birmingham, B48 with 18 addresses.
It ranks as the 462nd largest and 651st most expensive of the 886 postcodes in the B48 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 11 houses and 7 flats.
Sale prices range from £189,290 for 3 bedroom Leasehold flats (1,033 ft2) to £988,852 for 5 bedroom freehold houses with a garden (2,332 ft2) .
Monthly rental prices range from £941 pcm for 3 bed flats to £3,325 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 6.0%.
The average value per square foot is £329.
The last sale in B48 7HT sold for £685,000 on 20th October 2023. Since then prices are up an average of 1.9%.
The current average value in the postcode is £441,328.
The B48 7HT Sales Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.4% | £441,328 |
| May 2025 | 0.6% | £439,420 |
| May 2024 | 0.1% | £436,598 |
| May 2023 | 3% | £436,274 |
| May 2022 | 8.9% | £423,458 |
| May 2021 | 7.2% | £388,994 |
| May 2020 | 1.9% | £362,992 |
| May 2019 | 2% | £356,282 |
| May 2018 | 5.7% | £349,337 |
| May 2017 | 5% | £330,531 |
| May 2016 | 5.6% | £314,706 |
| May 2015 | 5.5% | £298,035 |
| May 2014 | 6% | £282,543 |
| May 2013 | 2.3% | £266,558 |
| May 2012 | -0.6% | £260,457 |
| May 2011 | 0.6% | £262,127 |
| May 2010 | 8.4% | £260,439 |
| May 2009 | -11.9% | £240,253 |
| May 2008 | -2.2% | £272,702 |
| May 2007 | 0% | £278,764 |
The current average rental value in the postcode is £1,638.
The B48 7HT Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £1,638pcm |
| May 2025 | 1.9% | £1,593pcm |
| May 2024 | 7.5% | £1,563pcm |
| May 2023 | 8.5% | £1,454pcm |
| May 2022 | 6.7% | £1,341pcm |
| May 2021 | 6.1% | £1,257pcm |
| May 2020 | 1.7% | £1,185pcm |
| May 2019 | 0.1% | £1,165pcm |
| May 2018 | 2% | £1,164pcm |
| May 2017 | 1.8% | £1,141pcm |
| May 2016 | 3.7% | £1,120pcm |
| May 2015 | 2.8% | £1,081pcm |
| May 2014 | 3.5% | £1,051pcm |
| May 2013 | 1.4% | £1,016pcm |
| May 2012 | 2.1% | £1,002pcm |
| May 2011 | 3.2% | £981pcm |
| May 2010 | 5.4% | £951pcm |
| May 2009 | -4.7% | £903pcm |
| May 2008 | 0.9% | £947pcm |
| May 2007 | 0% | £939pcm |
The last sale was on 20th October 2023 for £685,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 11 sales since 1995.
B48 7HT has seen 1 sale in the last three years and no sales in the last twelve months.
B48 7HT is the 462nd largest and the 651st most expensive postcode out of the 886 postcodes in the B48 area.
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The closest station to B48 7HT is Wood End station which is 2.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around B48 7HT, 64.0% of property is privately owned outright and 21.2% is privately owned with a mortgage.
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 B48 7HT, 10.6% of residents are recorded as possessing school level qualifications and 25.9% 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 B48 7HT, the average age was 45.7 and the most common age was 57.
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 B48 7HT, 1.9% 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 B48 7HT, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.