Property Prices on Steel Road, B31 - Full Market Breakdown

Explore how recent sales figures from Steel Road in the B31 district in Birmingham compare to surrounding streets.

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Associated Postcodes:

B31 2RG, B31 2RQ

What’s the average price for properties on Steel 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
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Nearby Streets
See how Leaf Lane stacks up against the next few roads
£735,000
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This District
£690,000
🏙️
All of Coventry
View the city-wide average
£485,000
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Select a comparison above to see how Leaf Lane performs

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House Prices   >   Birmingham  >   B31  >  Steel Road

Price Trends Along the Road

Exploring Property Prices on Steel Road

  • Since 2021, Steel Road has been a hotspot with 15 sales, each averaging £252,900. These homes measure roughly 847 square feet, equalling £266 per square foot.
  • The price range for properties sold on Steel Road has been between £92,000 and £345,000, with per-square-foot costs varying from £158 to £400.
  • November 2024 denotes the last property transfer on Steel Road.
Property Costs in Context

Price Breakdown: Steel Road and Surrounding Areas

By Locality

Northfield

Buying in Northfield means homes typically cost 26% less than on Steel Road. (£187,900 vs £254,900) Based on this, buyers looking at Northfield could tuck away £67,000 for something else.

By Sector

B31 2

Smart shopping means B31 2, where homes cost 13% less than on Steel Road. (£219,000 vs £252,900) Based on these trends, a property on Steel Road might carry a surcharge of about £33,900 over similar homes in the sector.

By District

i.e. B31

Deal hunters rejoice: the B31 district is 25% less pricey than Steel Road. (£190,000 vs £252,900). This data suggests that buyers opting for Steel Road might need to stretch their budget by another £62,900.

By City or Town

i.e. Birmingham

Average property values show Birmingham to be 20% more affordable than Steel Road. (£201,000 vs £252,900). To put a figure on it, a comparable home in Birmingham could save you £51,800 over one on Steel Road.

Road Highlights Uncovered

Extra Useful Facts for Steel Road

  • This street carries 81 properties, grouped neatly under 2 postcode identifiers.
  • According to all available data, no new-build properties are present on Steel Road.
  • The average current EPC rating for properties on Steel Road is 58 (D), and they have the potential to reach a rating of 77 (C).
  • The typical Steel Road property offers 847 square feet, 4% greater than Birmingham’s average footprint.
  • This street is one of the more dynamic spots locally, with homes reselling after just 6 months – ahead of the 6.03 month turnover seen in the wider B31 area.
Tips for Local Buyers

Explore the Property Story in Birmingham

Birmingham’s most charming streets aren’t always the priciest. These quick reads shine a light on hidden gems, recent trends and eyebrow-raising anomalies.
To explore the bigger picture, head to the House Prices in Birmingham page where we track trends year by year, alongside detailed area comparisons.
District Hotspots to Hit

Unpacking B31: Insights & Info

Whether you’re years away from acting or right on the verge of a decision, understanding B31 through the lens of fresh data and recent movement is a solid place to start – and that’s what you’ll find just 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
Hidden Roads Around Here

Alternative Roads to Discover

Steel Road, B31, Birmingham

Trusted by Institutions, Refined by Us

By combining robust UK housing data with subtle analytical adjustments, we unearth fairer, more context-aware valuations. Property records are refined (not replaced), giving the UK’s streets unusually specific pricing clarity. See why our approach is more balanced

  1. Birmingham City Council
  2. ONS (Birmingham)
  3. HM Land Registry (Birmingham)
  4. UK Government EPC Register (Steel Road Birmingham)
  5. UKWeblist.com B31 2RQ
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    Strength: Very Weak