B5 7TN is a residential postcode situated on Pavenham Drive, Birmingham, B5 with 45 addresses.
It ranks as the 645th largest and 774th most expensive of the 781 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 45 properties: 45 houses.
B5 7TN is a residential postcode situated on Pavenham Drive, Birmingham, B5 with 45 addresses.
It ranks as the 645th largest and 774th most expensive of the 781 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 45 properties: 45 houses.
Sale prices range from £254,234 for 2 bedroom leasehold houses with a garden (456 ft2) to £608,599 for 5 bedroom leasehold houses with a garden (2,077 ft2) .
Monthly rental prices range from £958 pcm for 2 bed houses to £2,269 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 4.5%.
The average value per square foot is £353.
The last sale in B5 7TN sold for £695,000 on 20th December 2023. Since then prices are down an average of 8.3%.
The current average value in the postcode is £449,885.
The B5 7TN Sales Market has increased by 19.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -7.4% | £449,885 |
| April 2025 | 0.3% | £485,695 |
| April 2024 | -4% | £484,331 |
| April 2023 | 2.8% | £504,660 |
| April 2022 | 5.2% | £490,682 |
| April 2021 | 3.8% | £466,609 |
| April 2020 | 0.5% | £449,485 |
| April 2019 | 1.9% | £447,089 |
| April 2018 | 7.1% | £438,877 |
| April 2017 | 8.7% | £409,932 |
| April 2016 | 9.6% | £377,021 |
| April 2015 | 6.7% | £344,056 |
| April 2014 | 4.8% | £322,466 |
| April 2013 | 5% | £307,621 |
| April 2012 | -1.9% | £293,048 |
| April 2011 | 0.6% | £298,619 |
| April 2010 | 6% | £296,914 |
| April 2009 | -14.5% | £280,170 |
| April 2008 | -3.4% | £327,624 |
| April 2007 | 0% | £339,319 |
The current average rental value in the postcode is £1,632.
The B5 7TN Rental Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £1,632pcm |
| April 2025 | -3.3% | £1,637pcm |
| April 2024 | 5.9% | £1,693pcm |
| April 2023 | 12.9% | £1,599pcm |
| April 2022 | 8.7% | £1,417pcm |
| April 2021 | 6.3% | £1,304pcm |
| April 2020 | 0% | £1,227pcm |
| April 2019 | 1.2% | £1,226pcm |
| April 2018 | 0.9% | £1,212pcm |
| April 2017 | 3.3% | £1,201pcm |
| April 2016 | 7.5% | £1,163pcm |
| April 2015 | 2.6% | £1,082pcm |
| April 2014 | 4.4% | £1,055pcm |
| April 2013 | 4.8% | £1,010pcm |
| April 2012 | 1% | £964pcm |
| April 2011 | 2.9% | £955pcm |
| April 2010 | 1.4% | £928pcm |
| April 2009 | -2.7% | £916pcm |
| April 2008 | 2.6% | £941pcm |
| April 2007 | 0% | £916pcm |
The last sale was on 20th December 2023 for £695,000 and since then the market in the area has decreased by 8.3%. The postcode has had a total of 34 sales since 1995.
B5 7TN has seen 2 sales in the last three years and no sales in the last twelve months.
B5 7TN is the 645th largest and the 774th most expensive postcode out of the 781 postcodes in the B5 area.
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The closest station to B5 7TN is University (Birmingham) station which is 1.7 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around B5 7TN, 44.7% of property is privately rented and 35.9% 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 7TN, 40.3% of residents are recorded as possessing school level qualifications and 61.1% 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 7TN, the average age was 31.9 and the most common age was 17.
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 7TN, 0.0% 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 7TN, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.