Far Wood Road, B31 Property Price Report

See what local property data reveals about Far Wood Road in the B31 district in Birmingham and its market position.

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Associated Postcodes:

B31 1BS

What’s the market value of properties on Far Wood Road?

Estimated Property Value
£1,010,305
7.5/10
↗ 5.2%
2,763 sq/ft
Select a property type to see average size for this road
×
Choose your comparison:
🏘️
Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
📍
This District
£690,000
🏙️
All of Coventry
View the city-wide average
£485,000
📊
Select a comparison above to see how Leaf Lane performs

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House Prices   >   Birmingham  >   B31  >  Far Wood Road

Sales Buzz on the Street

Handy Highlights of Property Prices in Far Wood Road

  • Since 2021, there has been a single transaction on Far Wood Road, with the sale amounting to £171,000, representing 648 square feet (which gives us a cost per square foot of £215).
  • The one-off home sale on Far Wood Road was documented in March 2023.
Property Values vs the Vicinity

Far Wood Road Property Prices vs Surrounding Areas

By Sector

B31 1

Choosing the B31 1 sector over Far Wood Road could save you around 1% on average. (£168,500 vs £171,000) The data indicates that properties on Far Wood Road tend to be priced at a premium of approximately £2,500 compared to other homes in the sector.

By District

i.e. B31

Far Wood Road properties undercut the B31 district by 11% typically. (£171,000 vs £190,000). The price gap indicates that an equivalent property on Far Wood Road could come with a lower cost of around £19,000 compared to homes elsewhere in the same district.

By City or Town

i.e. Birmingham

Get more for less on Far Wood Road, where homes are 18% cheaper than in bustling Birmingham. (£171,000 vs £201,000). If that £30,100 doesn’t grab your attention, your budget probably will.

Street Snapshots Worth Noting

Extra Information About Far Wood Road

  • The 24 homes dotted along this route are all tied to a singular postcode.
  • According to records, Far Wood Road has no new-build properties.
  • The average energy performance rating for homes on Far Wood Road stands at 67 (D), with the potential to reach 78 (C).
  • Compared to town-wide figures, homes on Far Wood Road are 36% larger on average, reaching around 648 square feet.
  • Properties here are resold more frequently – every 86 months – while most B31 roads take closer to 6.03 months.
Buying Better in the Area

What to Know Before Buying in Birmingham

Interested in purchasing or investing in Birmingham? Explore our expert guides to discover top streets, property insights, and market advice for landing the perfect deal.
Additionally, we’ve summarised the key market patterns on the House Prices in Birmingham page, using simple visuals and digestible numbers.
District Delights Await

B31 Area Overview

The B31 housing market has seen some muted but meaningful activity – figures below.
445
No. of Roads
6,343
No. of Transactions
£200K
Avg. Property Price
882
per sq/ft
Avg. Property Size
£224
per sq/ft
Avg. Cost Per Sq/Ft
Local Roads to Wander

More Streets to Explore

Popular Roads in B31

B31 Roads with Similar Prices

Roads Near Far Wood Road

Far Wood Road, B31, Birmingham

Built on Verified Foundations

Our pricing is calm, not chaotic. We tidy the data using sensible logic and serve up valuations that make practical sense. Take a guided look at our approach

  1. Birmingham City Council
  2. ONS (Birmingham)
  3. HM Land Registry (Birmingham)
  4. UK Government EPC Register (Far Wood Road Birmingham)
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    Strength: Very Weak