B5 5LY is a residential postcode situated on Meriden Street, Birmingham, B5 with 3 addresses.
It ranks as the 126th largest and 734th most expensive of the 781 postcodes in the B5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
B5 5LY is a residential postcode situated on Meriden Street, Birmingham, B5 with 3 addresses.
It ranks as the 126th largest and 734th most expensive of the 781 postcodes in the B5 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £278,770 for 5 bedroom leasehold houses with a garden (2,981 ft2) to £278,770 for 5 bedroom leasehold houses with a garden (2,981 ft2) .
Monthly rental prices range from £1,363 pcm for 5 bed houses to £1,363 pcm for 5 bed houses.
The gross rental yield is between 5.9% and 5.9%.
The average value per square foot is £116.
The last sale in B5 5LY sold for £65,000 on 31st August 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £278,770.
The B5 5LY Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -8.9% | £278,770 |
| April 2025 | -0.8% | £306,147 |
| April 2024 | -1.7% | £308,603 |
| April 2023 | 0.1% | £314,053 |
| April 2022 | 4.9% | £313,684 |
| April 2021 | 2.2% | £299,011 |
| April 2020 | -2.6% | £292,488 |
| April 2019 | 4.5% | £300,282 |
| April 2018 | 7.3% | £287,423 |
| April 2017 | 8.5% | £267,866 |
| April 2016 | 8.6% | £246,886 |
| April 2015 | 6.8% | £227,233 |
| April 2014 | 3.6% | £212,850 |
| April 2013 | 7.3% | £205,388 |
| April 2012 | -4.6% | £191,432 |
| April 2011 | -1.4% | £200,597 |
| April 2010 | 3.2% | £203,489 |
| April 2009 | -17.1% | £197,140 |
| April 2008 | -0.3% | £237,809 |
| April 2007 | 0% | £238,417 |
The current average rental value in the postcode is £1,363.
The B5 5LY Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £1,363pcm |
| April 2025 | 1.5% | £1,386pcm |
| April 2024 | 7.6% | £1,365pcm |
| April 2023 | 11.6% | £1,269pcm |
| April 2022 | 8.9% | £1,137pcm |
| April 2021 | 2.7% | £1,044pcm |
| April 2020 | 0.5% | £1,016pcm |
| April 2019 | 1.4% | £1,011pcm |
| April 2018 | 0.8% | £997pcm |
| April 2017 | 4% | £989pcm |
| April 2016 | 5.2% | £951pcm |
| April 2015 | 3.8% | £904pcm |
| April 2014 | 2.8% | £871pcm |
| April 2013 | 5.6% | £848pcm |
| April 2012 | 1.9% | £803pcm |
| April 2011 | 3.3% | £787pcm |
| April 2010 | 0.6% | £762pcm |
| April 2009 | -1.2% | £758pcm |
| April 2008 | 3.2% | £767pcm |
| April 2007 | 0% | £743pcm |
The last sale was on 31st August 2018 for £65,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
B5 5LY has seen no sales in the last three years and no sales in the last twelve months.
B5 5LY is the 126th largest and the 734th most expensive postcode out of the 781 postcodes in the B5 area.
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The closest station to B5 5LY is Birmingham Moor Street station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around B5 5LY, 68.9% of property is privately rented and 11.5% is socially rented.
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 B5 5LY, 86.8% of residents are recorded as possessing school level qualifications and 16.7% 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 B5 5LY, the average age was 25.6 and the most common age was 22.
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 B5 5LY, 0.3% 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 B5 5LY, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.