B48 7JN is a residential postcode situated on Watery Lane, Alvechurch, Birmingham, B48 with 2 addresses.
It ranks as the 48th largest and 875th most expensive of the 887 postcodes in the B48 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
B48 7JN is a residential postcode situated on Watery Lane, Alvechurch, Birmingham, B48 with 2 addresses.
It ranks as the 48th largest and 875th most expensive of the 887 postcodes in the B48 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £587,057 for 3 bedroom freehold houses with a garden (1,076 ft2) to £1,249,028 for 5 bedroom freehold houses with a garden (3,638 ft2) .
Monthly rental prices range from £2,050 pcm for 3 bed houses to £4,492 pcm for 5 bed houses.
The gross rental yield is between 4.2% and 4.3%.
The average value per square foot is £444.
The last sale in B48 7JN sold for £280,000 on 26th July 1996. Since then prices are down an average of 0.0%.
The current average value in the postcode is £918,042.
The B48 7JN Sales Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £918,042 |
| April 2025 | 0.1% | £925,854 |
| April 2024 | 0.4% | £925,178 |
| April 2023 | 5.5% | £921,788 |
| April 2022 | 10.3% | £873,335 |
| April 2021 | 6.9% | £791,915 |
| April 2020 | 1.5% | £741,133 |
| April 2019 | 3.2% | £730,529 |
| April 2018 | 6.7% | £708,065 |
| April 2017 | 5.1% | £663,525 |
| April 2016 | 7.1% | £631,195 |
| April 2015 | 5.1% | £589,277 |
| April 2014 | 7.2% | £560,635 |
| April 2013 | 5.4% | £522,858 |
| April 2012 | 0.8% | £496,084 |
| April 2011 | -0.6% | £492,033 |
| April 2010 | 6.6% | £495,090 |
| April 2009 | -14.4% | £464,348 |
| April 2008 | -2.3% | £542,335 |
| April 2007 | 0% | £555,070 |
The current average rental value in the postcode is £3,271.
The B48 7JN Rental Market has increased by 49.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £3,271pcm |
| April 2025 | -1.2% | £3,183pcm |
| April 2024 | 5.7% | £3,221pcm |
| April 2023 | 10.7% | £3,048pcm |
| April 2022 | 5.5% | £2,755pcm |
| April 2021 | 10.3% | £2,611pcm |
| April 2020 | 1.3% | £2,368pcm |
| April 2019 | 1.2% | £2,338pcm |
| April 2018 | 2% | £2,310pcm |
| April 2017 | 3.7% | £2,265pcm |
| April 2016 | 4.2% | £2,185pcm |
| April 2015 | 3.1% | £2,097pcm |
| April 2014 | 4% | £2,034pcm |
| April 2013 | 5.1% | £1,955pcm |
| April 2012 | 3.3% | £1,861pcm |
| April 2011 | 2.7% | £1,801pcm |
| April 2010 | 3.4% | £1,753pcm |
| April 2009 | -4.9% | £1,696pcm |
| April 2008 | -0.1% | £1,784pcm |
| April 2007 | 0% | £1,786pcm |
The last sale was on 26th July 1996 for £280,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
B48 7JN has seen no sales in the last three years and no sales in the last twelve months.
B48 7JN is the 48th largest and the 875th most expensive postcode out of the 887 postcodes in the B48 area.
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The closest station to B48 7JN is Earlswood (West Midlands) station which is 3.3 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around B48 7JN, 69.6% of property is privately owned outright and 27.2% 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 7JN, 10.5% of residents are recorded as possessing school level qualifications and 34.6% 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 7JN, the average age was 46.9 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 7JN, 3.4% 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 7JN, there are an average of 2.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.