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Find out how property data on Hanging Lane in the B31 district in Birmingham reflects wider buying patterns across Birmingham.
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House Prices > Birmingham > B31 > Hanging Lane
Breaking Down House Prices on Hanging Lane
Hanging Lane’s Market vs Surrounding Areas
B31 5
Properties in the B31 5 sector are typically 21% cheaper than on Hanging Lane. (£201,100 vs £253,400) This comparison shows that a home on Hanging Lane could be priced at £52,300 more than an equivalent elsewhere in the sector.
i.e. B31
Recent figures reveal that properties on Hanging Lane are priced, on average, 25% above those in the B31 district. (£253,400 vs £190,000). Putting it in figures, properties on Hanging Lane require about £63,400 more investment than those in B31.
i.e. Birmingham
The affordability gap between Birmingham and Hanging Lane sits at around 21%, favouring Birmingham. (£201,000 vs £253,400). With this cost variation, purchasing a property elsewhere in Birmingham could mean avoiding an additional £52,300 in expenses compared to Hanging Lane.
Discover the B31 Area
We interpret public housing records with care, correcting for quirks and delivering valuations that align with what actually matters. See how our data gets refined
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