B5 7LR is a residential postcode situated on Varden Croft, Birmingham, B5 with 40 addresses.
It ranks as the 619th largest and 393rd most expensive of the 782 postcodes in the B5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 40 properties: 40 houses.
B5 7LR is a residential postcode situated on Varden Croft, Birmingham, B5 with 40 addresses.
It ranks as the 619th largest and 393rd most expensive of the 782 postcodes in the B5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 40 properties: 40 houses.
Sale prices range from £128,877 for 2 bedroom freehold houses with a garden (517 ft2) to £277,210 for 3 bedroom freehold houses with a garden (979 ft2) .
Monthly rental prices range from £635 pcm for 2 bed houses to £989 pcm for 3 bed houses.
The gross rental yield is between 4.3% and 5.9%.
The average value per square foot is £185.
The last sale in B5 7LR sold for £304,250 on 27th September 2023. Since then prices are down an average of 11.3%.
The current average value in the postcode is £184,955.
The B5 7LR Sales Market has increased by 8.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -9.4% | £184,955 |
| May 2025 | -1.7% | £204,211 |
| May 2024 | -4.1% | £207,729 |
| May 2023 | 0.9% | £216,572 |
| May 2022 | 3.9% | £214,714 |
| May 2021 | 0.9% | £206,687 |
| May 2020 | 4.6% | £204,856 |
| May 2019 | -2.7% | £195,930 |
| May 2018 | 7.8% | £201,403 |
| May 2017 | 9.1% | £186,791 |
| May 2016 | 9.7% | £171,214 |
| May 2015 | 8.1% | £156,143 |
| May 2014 | 4.5% | £144,485 |
| May 2013 | 2.4% | £138,220 |
| May 2012 | -3.5% | £134,937 |
| May 2011 | 1.2% | £139,790 |
| May 2010 | 13.3% | £138,114 |
| May 2009 | -18.7% | £121,943 |
| May 2008 | -8.9% | £150,074 |
| May 2007 | 0% | £164,772 |
The current average rental value in the postcode is £841.
The B5 7LR Rental Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £841pcm |
| May 2025 | 0.8% | £845pcm |
| May 2024 | 4.1% | £838pcm |
| May 2023 | 11.5% | £805pcm |
| May 2022 | 13.6% | £722pcm |
| May 2021 | 1.3% | £635pcm |
| May 2020 | -2% | £627pcm |
| May 2019 | -0.1% | £640pcm |
| May 2018 | 0.9% | £640pcm |
| May 2017 | 2.9% | £634pcm |
| May 2016 | 6.5% | £616pcm |
| May 2015 | 4% | £579pcm |
| May 2014 | 4.1% | £557pcm |
| May 2013 | 0.9% | £535pcm |
| May 2012 | 1.6% | £530pcm |
| May 2011 | 3.4% | £522pcm |
| May 2010 | 3.3% | £504pcm |
| May 2009 | -1.5% | £488pcm |
| May 2008 | 2% | £495pcm |
| May 2007 | 0% | £486pcm |
The last sale was on 27th September 2023 for £304,250 and since then the market in the area has decreased by 11.3%. The postcode has had a total of 16 sales since 1995.
B5 7LR has seen 1 sale in the last three years and no sales in the last twelve months.
B5 7LR is the 619th largest and the 393rd most expensive postcode out of the 782 postcodes in the B5 area.
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The closest station to B5 7LR is Five Ways station which is 1.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around B5 7LR, 56.9% of property is socially rented and 16.3% is privately owned outright.
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 7LR, 36.2% of residents are recorded as possessing school level qualifications and 26.6% 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 B5 7LR, the average age was 37.6 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 7LR, 0.4% 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 B5 7LR, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.