Red Lion Street - B48 7LG
Key Postcode Insights
B48 7LG is a residential postcode situated on Red Lion Street, Alvechurch, Birmingham, B48 with 18 addresses.
It ranks as the 464th largest and 291st most expensive of the 886 postcodes in the B48 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 17 houses and 1 flat.
- Ave. Sale Price
- £273,147
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £1,158pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £369/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
B48 7LG is a residential postcode situated on Red Lion Street, Alvechurch, Birmingham, B48 with 18 addresses.
It ranks as the 464th largest and 291st most expensive of the 886 postcodes in the B48 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 17 houses and 1 flat.
- Ave. Sale Price
- £273,147
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £1,158pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £369/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin B48 7LG
- Flat
Unknown
- 1 Red Lion Street
Unknown
- 3 Red Lion Street
Unknown
- 5 Red Lion Street
4 Bed House
- 7 Red Lion Street
Unknown
Sales Market Trends
The last sale in B48 7LG sold for £280,000 on 19th June 2024. Since then prices are up an average of 3.3%.
The current average value in the postcode is £273,147.
The B48 7LG Sales Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £273,147 |
| June 2025 | 1.8% | £271,282 |
| June 2024 | 0.3% | £266,425 |
| June 2023 | 2.7% | £265,731 |
| June 2022 | 9.9% | £258,641 |
| June 2021 | 7% | £235,294 |
| June 2020 | 2.7% | £219,924 |
| June 2019 | 2.7% | £214,215 |
| June 2018 | 4.8% | £208,532 |
| June 2017 | 6% | £198,966 |
| June 2016 | 7.3% | £187,783 |
| June 2015 | 4.2% | £175,023 |
| June 2014 | 6.1% | £167,939 |
| June 2013 | 2.5% | £158,295 |
| June 2012 | -0.1% | £154,409 |
| June 2011 | -0.9% | £154,633 |
| June 2010 | 6.3% | £156,014 |
| June 2009 | -10.1% | £146,783 |
| June 2008 | -3.5% | £163,220 |
| June 2007 | 0% | £169,177 |
Rental Market Trends
The current average rental value in the postcode is £1,158.
The B48 7LG Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,158pcm |
| June 2025 | 5.1% | £1,118pcm |
| June 2024 | 8.3% | £1,064pcm |
| June 2023 | 9.3% | £982pcm |
| June 2022 | 8.8% | £899pcm |
| June 2021 | 4.6% | £826pcm |
| June 2020 | 2.6% | £790pcm |
| June 2019 | 0.8% | £769pcm |
| June 2018 | 2.2% | £763pcm |
| June 2017 | 2.2% | £747pcm |
| June 2016 | 4.2% | £731pcm |
| June 2015 | 2.9% | £701pcm |
| June 2014 | 3.5% | £681pcm |
| June 2013 | 1.1% | £658pcm |
| June 2012 | 1.6% | £651pcm |
| June 2011 | 1% | £641pcm |
| June 2010 | 4.9% | £634pcm |
| June 2009 | -4.7% | £605pcm |
| June 2008 | 0.1% | £634pcm |
| June 2007 | 0% | £633pcm |
Sales History
The last sale was on 19th June 2024 for £280,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 34 sales since 1995.
B48 7LG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2024£280,000 | 3 Bed House11, Red Lion Street, Birmingham, B48 7LG11, Red Lion Street, Birmingham, B48 7LG
- Sold Oct 2021£218,000 | 2 Bed House23, Red Lion Street, Birmingham, B48 7LG23, Red Lion Street, Birmingham, B48 7LG
- Sold Jun 2019£154,000 | 2 Bed House27, Red Lion Street, Birmingham, B48 7LG27, Red Lion Street, Birmingham, B48 7LG
- Sold Aug 2017£218,950 | 2 Bed House23, Red Lion Street, Birmingham, B48 7LG23, Red Lion Street, Birmingham, B48 7LG
- Sold Jan 2017£265,000 | 4 Bed House5, Red Lion Street, Birmingham, B48 7LG5, Red Lion Street, Birmingham, B48 7LG
Nearby Postcodes
B48 7LG is the 464th largest and the 291st most expensive postcode out of the 886 postcodes in the B48 area.
- B48 7LF, Red Lion Street, Alvechurch, Birmingham, B48B48 7LF22 Addresses|60 m away
- B48 7LA, The Square, Alvechurch, Birmingham, B48B48 7LA18 Addresses|108 m away
- B48 7JX, Bear Hill, Alvechurch, Birmingham, B48B48 7JX36 Addresses|113 m away
- B48 7LH, Meadow Lane, Alvechurch, Birmingham, B48B48 7LH21 Addresses|115 m away
- B48 7RG, Bear Hill Drive, Alvechurch, Birmingham, B48B48 7RG37 Addresses|125 m away
Property Types
- 9 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 house of an unknown age
- 7 other addresses of unknown type
- period house (9)
- modern house (1)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (1)
- D (4)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold May 2013£495,000 | 5 Bed House40, Red Lion Street, Birmingham, B48 7LF40, Red Lion Street, Birmingham, B48 7LF
- Sold Mar 2022£388,820 | 4 Bed House28, Red Lion Street, Birmingham, B48 7LF28, Red Lion Street, Birmingham, B48 7LF
- Sold Feb 2008£290,000 | 4 Bed House28, Red Lion Street, Birmingham, B48 7LF28, Red Lion Street, Birmingham, B48 7LF
Schools Nearby
- Crown Meadow First School & Nursery300 m away
- St Andrew's CofE First School2.3 km away
- Blackwell First School3.8 km away
- Trinity High School and Sixth Form Centre5.1 km away
- Turves Green Boys' School5.2 km away
- King Edward VI Northfield School for Girls5.5 km away
More reading links
Public Transport Nearby
The closest station to B48 7LG is Alvechurch station, which is 900 metres away.
- Alvechurch|900 m away
- Barnt Green|2.4 km away
- Longbridge|5.1 km away
- Redditch|5.2 km away
