B8 3EL is a residential postcode situated on Cotterills Lane, Birmingham, B8 with 6 addresses.
It ranks as the 225th largest and 662nd most expensive of the 1,223 postcodes in the B8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 houses.
B8 3EL is a residential postcode situated on Cotterills Lane, Birmingham, B8 with 6 addresses.
It ranks as the 225th largest and 662nd most expensive of the 1,223 postcodes in the B8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 houses.
Sale prices range from £137,961 for 3 bedroom freehold houses with a garden (731 ft2) to £175,023 for 4 bedroom freehold houses with a garden (1,140 ft2) .
Monthly rental prices range from £784 pcm for 3 bed houses to £894 pcm for 4 bed houses.
The gross rental yield is between 5.9% and 6.8%.
The average value per square foot is £167.
The last sale in B8 3EL sold for £122,500 on 15th May 2007. Since then prices are up an average of 33.5%.
The current average value in the postcode is £161,960.
The B8 3EL Sales Market has increased by 35.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £161,960 |
| April 2025 | 2% | £168,322 |
| April 2024 | -0.6% | £164,995 |
| April 2023 | 1.4% | £165,929 |
| April 2022 | 9.8% | £163,635 |
| April 2021 | 3.8% | £149,048 |
| April 2020 | -1.6% | £143,552 |
| April 2019 | 6.4% | £145,877 |
| April 2018 | 7.9% | £137,156 |
| April 2017 | 6.7% | £127,171 |
| April 2016 | 8.5% | £119,176 |
| April 2015 | 5.8% | £109,833 |
| April 2014 | 2.6% | £103,826 |
| April 2013 | 5.2% | £101,174 |
| April 2012 | -4.2% | £96,145 |
| April 2011 | -2.9% | £100,315 |
| April 2010 | 4.7% | £103,364 |
| April 2009 | -17.2% | £98,712 |
| April 2008 | -0.4% | £119,255 |
| April 2007 | 0% | £119,787 |
The current average rental value in the postcode is £847.
The B8 3EL Rental Market has increased by 49.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £847pcm |
| April 2025 | 2.3% | £845pcm |
| April 2024 | 7.1% | £826pcm |
| April 2023 | 11.8% | £771pcm |
| April 2022 | 10.7% | £690pcm |
| April 2021 | 2.5% | £623pcm |
| April 2020 | 0.2% | £608pcm |
| April 2019 | 1.4% | £607pcm |
| April 2018 | 1.5% | £599pcm |
| April 2017 | 3.8% | £590pcm |
| April 2016 | 5.6% | £569pcm |
| April 2015 | 3.5% | £538pcm |
| April 2014 | 2.8% | £520pcm |
| April 2013 | 3.5% | £506pcm |
| April 2012 | 2.1% | £489pcm |
| April 2011 | 1.9% | £479pcm |
| April 2010 | 2.2% | £470pcm |
| April 2009 | -2.6% | £460pcm |
| April 2008 | 2.4% | £473pcm |
| April 2007 | 0% | £462pcm |
The last sale was on 15th May 2007 for £122,500 and since then the market in the area has increased by 33.5%. The postcode has had a total of 7 sales since 1995.
B8 3EL has seen no sales in the last three years and no sales in the last twelve months.
B8 3EL is the 225th largest and the 662nd most expensive postcode out of the 1,223 postcodes in the B8 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around B8 3EL, % of property is and % is .
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 B8 3EL, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 B8 3EL, 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 B8 3EL, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.