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
📍
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 16 sales, each averaging £254,900. These homes measure roughly 819 square feet, equalling £279 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

Homebuyers could save a neat 4% by shopping in B31 2 instead of Steel Road. (£244,100 vs £254,900) The price gap suggests that homes on Steel Road are typically priced £10,800 above comparable properties in the same sector.

By District

i.e. B31

On Steel Road, average property prices are 19% more than in the B31 district. (£254,900 vs £207,600). Therefore, a home of similar value and specification on Steel Road could demand around £47,300 more than one in the B31 district.

By City or Town

i.e. Birmingham

A typical home in Birmingham is valued 8% above similar properties in Steel Road. (£277,000 vs £254,900). In turn, selecting a property on Steel Road over Birmingham might reduce your costs by around £21,600.

Road Highlights Uncovered

Extra Useful Facts for Steel Road

  • The road includes 81 properties and 2 postcodes.
  • Steel Road does not feature any new-build properties.
  • The average current EPC rating for properties on Steel Road is 56 (D), and they have the potential to reach a rating of 77 (C).
  • Featuring 819 square feet on average, Steel Road properties are 6% more generous in space than Birmingham homes.
  • This street’s property market runs hotter than most – with homes reselling every 5 months versus 6.41 months elsewhere in B31.
Tips for Local Buyers

Explore the Property Story in Birmingham

From elegant neighbourhoods to slightly oddball price trends, Birmingham’s housing market has plenty to say. These short reads unpack the lot (without the waffle).
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.
444
No. of Roads
5,960
No. of Transactions
£300K
Avg. Property Price
886
per sq/ft
Avg. Property Size
£235
per sq/ft
Avg. Cost Per Sq/Ft
Hidden Roads Around Here

Alternative Roads to Discover

Popular Roads in B31

B31 Roads with Similar Prices

Roads Near Steel Road

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. HM Land Registry (Birmingham)
  3. UK Government EPC Register (Steel Road Birmingham)
  4. UKWeblist.com B31 2RG
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    Strength: Very Weak