5.5% Average
Rental Yield in B23 — BIRMINGHAM
Rent data based on Birmingham local authority median. Our methodology
Average ↑ above West Midlands average (3.5%)
· ↑ above England average (3.6%)
£185,000
Median Price
£850
Monthly Rent
5.5%
Gross Yield
1,518
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £292,500 | 54 |
| Semi-detached | £212,000 | 455 |
| Terraced | £190,000 | 640 |
| Flat | £112,000 | 309 |
| Other | £197,500 | 60 |
Compare Nearby Postcodes
Compare B23 side by side →B23 is part of Birmingham. View all postcode districts in Birmingham.
Frequently Asked Questions
What is the rental yield in B23?
B23 has a gross rental yield of 5.5%. The median property price is £185,000 with typical monthly rents of £850, based on Land Registry and VOA data.
Is B23 a good area for buy-to-let?
B23 yields 5.5%, above the England average of 3.6%. With 1,518 transactions over 3 years, the data is reliable.
What is the median property price in B23?
The median property price in B23 is £185,000, based on 1,518 Land Registry transactions over 3 years. This compares to £225,000 across Birmingham as a whole.
Data updated quarterly · Last update: Q1 2026