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Park Approach is a residential street with 36 addresses.
It ranks as the 347th largest and 24th most expensive of the 625 streets in the B23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 36 properties: 36 flats.
Park Approach is a residential street with 36 addresses.
It ranks as the 347th largest and 24th most expensive of the 625 streets in the B23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 36 properties: 36 flats.
Sale prices range from £92,152 for 2 bedroom leasehold flats (505 ft2) to £114,005 for 2 bedroom leasehold flats (645 ft2) .
Monthly rental prices range from £736 pcm for 2 bed flats to £765 pcm for 2 bed flats.
The gross rental yield is between 8.1% and 9.6%.
The average value per square foot is £180.
The last sale on Park Approach sold for £79,500 on 17th October 2025. Since then prices are down an average of 0.5%.
The current average value in the street is £103,474.
The Park Approach Sales Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.1% | £103,474 |
| May 2025 | 2.7% | £103,340 |
| May 2024 | 3.5% | £100,636 |
| May 2023 | -1.7% | £97,192 |
| May 2022 | 9.9% | £98,824 |
| May 2021 | 3.4% | £89,908 |
| May 2020 | 1.7% | £86,984 |
| May 2019 | 2.6% | £85,517 |
| May 2018 | 4.7% | £83,372 |
| May 2017 | 5.6% | £79,599 |
| May 2016 | 5.3% | £75,374 |
| May 2015 | 4% | £71,593 |
| May 2014 | 3.8% | £68,850 |
| May 2013 | -0.1% | £66,359 |
| May 2012 | -2.4% | £66,398 |
| May 2011 | -4.6% | £68,001 |
| May 2010 | 5.3% | £71,307 |
| May 2009 | -15.5% | £67,711 |
| May 2008 | -3.8% | £80,139 |
| May 2007 | 0% | £83,275 |
The current average rental value in the street is £752.
The Park Approach Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.4% | £752pcm |
| May 2025 | 2.8% | £742pcm |
| May 2024 | 11.6% | £722pcm |
| May 2023 | 9.2% | £647pcm |
| May 2022 | 4.8% | £593pcm |
| May 2021 | 3.4% | £565pcm |
| May 2020 | 2.8% | £547pcm |
| May 2019 | 0.8% | £532pcm |
| May 2018 | -0.1% | £528pcm |
| May 2017 | 1.3% | £528pcm |
| May 2016 | 2.4% | £521pcm |
| May 2015 | 2.9% | £509pcm |
| May 2014 | 0.1% | £494pcm |
| May 2013 | 0.6% | £494pcm |
| May 2012 | 0.8% | £490pcm |
| May 2011 | 0.8% | £486pcm |
| May 2010 | 0.9% | £483pcm |
| May 2009 | -5.6% | £478pcm |
| May 2008 | 2% | £507pcm |
| May 2007 | 0% | £497pcm |
The last sale was on 17th October 2025 for £79,500 and since then the market in the area has decreased by 0.5%. The street has had a total of 56 sales since 1995.
Park Approach, Birmingham, B23 has seen 7 sales in the last three years and 2 sales in the last twelve months.
Park Approach, Birmingham, B23 is the 347th largest and the 24th most expensive street in the B23 area.
There are 2 postcodes on Park Approach, Birmingham, B23.
The closest station to Park Approach, Birmingham, B23 is Gravelly Hill station which is 900 metres away.
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