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Lakes Road is a residential street with 116 addresses.
It ranks as the 559th largest and 148th most expensive of the 625 streets in the B23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 116 properties: 88 houses and 28 flats.
Lakes Road is a residential street with 116 addresses.
It ranks as the 559th largest and 148th most expensive of the 625 streets in the B23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 116 properties: 88 houses and 28 flats.
Sale prices range from £57,084 for 1 bedroom Leasehold flats (419 ft2) to £212,615 for 4 bedroom freehold houses with a garden (1,151 ft2) .
Monthly rental prices range from £503 pcm for 1 bed flats to £1,474 pcm for 4 bed houses.
The gross rental yield is between 6.2% and 10.6%.
The average value per square foot is £190.
The last sale on Lakes Road sold for £95,000 on 20th February 2026. Since then prices are up an average of 10.7%.
The current average value in the street is £155,295.
The Lakes Road Sales Market has increased by 58.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £155,295 |
| May 2025 | 3% | £151,603 |
| May 2024 | 2.2% | £147,188 |
| May 2023 | 0.2% | £143,953 |
| May 2022 | 12.2% | £143,730 |
| May 2021 | 6.5% | £128,129 |
| May 2020 | 2.9% | £120,271 |
| May 2019 | 4.1% | £116,836 |
| May 2018 | 5.8% | £112,212 |
| May 2017 | 8.4% | £106,011 |
| May 2016 | 5.8% | £97,803 |
| May 2015 | 5.1% | £92,476 |
| May 2014 | 5.6% | £88,005 |
| May 2013 | 0.6% | £83,331 |
| May 2012 | -1.4% | £82,844 |
| May 2011 | -4.1% | £83,999 |
| May 2010 | 6.6% | £87,600 |
| May 2009 | -14.7% | £82,148 |
| May 2008 | -1.5% | £96,282 |
| May 2007 | 0% | £97,743 |
The current average rental value in the street is £1,048.
The Lakes Road Rental Market has increased by 64.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £1,048pcm |
| May 2025 | 3.3% | £1,011pcm |
| May 2024 | 11.1% | £979pcm |
| May 2023 | 11.3% | £881pcm |
| May 2022 | 7.1% | £792pcm |
| May 2021 | 5.3% | £739pcm |
| May 2020 | 2.7% | £702pcm |
| May 2019 | 2% | £684pcm |
| May 2018 | 1.7% | £670pcm |
| May 2017 | 3.5% | £659pcm |
| May 2016 | 3.7% | £637pcm |
| May 2015 | 3.4% | £614pcm |
| May 2014 | 0.9% | £594pcm |
| May 2013 | 1.6% | £588pcm |
| May 2012 | 1.4% | £579pcm |
| May 2011 | 1.5% | £571pcm |
| May 2010 | 1.5% | £563pcm |
| May 2009 | -5% | £555pcm |
| May 2008 | 3% | £584pcm |
| May 2007 | 0% | £566pcm |
The last sale was on 20th February 2026 for £95,000 and since then the market in the area has increased by 10.7%. The street has had a total of 67 sales since 1995.
Lakes Road, Birmingham, B23 has seen 4 sales in the last three years and 1 sale in the last twelve months.
Lakes Road, Birmingham, B23 is the 559th largest and the 148th most expensive street in the B23 area.
There are 5 postcodes on Lakes Road, Birmingham, B23.
The closest station to Lakes Road, Birmingham, B23 is Witton (West Midlands) station which is 2.1 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 Lakes Road, Birmingham, B23, 81.8% of property is socially rented and 6.3% is privately owned with a mortgage.
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 Lakes Road, Birmingham, B23, 39.3% of residents are recorded as possessing school level qualifications and 15.0% 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 Lakes Road, Birmingham, B23, the average age was 34.9 and the most common age was 7.
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 Lakes Road, Birmingham, B23, 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 Lakes Road, Birmingham, B23, 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.