Residential dwellings
20,908
Addressable residential units in the area (OS AddressBase).
B23 rents and yields
Asking rent £969/month · Gross yield 5.3% · 12 months, listings to Sep 2026
What is B23?
B23: residential dwellings 20,908.
HMO-shaped dwellings
1.0%
B23 ranks 10th of 40 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 16,189
- Mixed-use buildings
- 2.1%
- HMO-shaped units
- 91%
- EPC A or B
- 6.4%
- EPC D or worse
- 60%
What does B23 earn?
B23: asking rent £969/month (12 months to Sep 2026, 576 lets).
Asking rent
£969/month 12 months to Sep 2026
576 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 576 lets.
Gross yield, asking basis
5.3% 12 months to Sep 2026
834 lets
+4.1% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 834 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
155 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does B23 vary by home size?
Asking rent in B23 runs from £685/month for 1 bedroom to £1,116/month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £685/month | 12 months to Sep 2026 | +5% on the previous 12 months | 177 |
| 2 bedrooms | £962/month | 12 months to Sep 2026 | +7.5% on the previous 12 months | 369 |
| 3 bedrooms | £1,116/month | 12 months to Sep 2026 | +1.3% on the previous 12 months | 239 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns B23?
Corporate landlords hold 75% of the 1,371 units in B23 whose freeholder is classified; 94% of all units are not yet classified.
- Corporate landlords75% of classified · 1,028 units
- Individuals (not traceable in bulk)13% of classified · 181 units
- Housing associations11% of classified · 147 units
- RMC1.0% of classified · 14 units
- Offshore companies0.1% of classified · 1 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does B23 rank?
B23 ranks 31st of 38 postcode districts in Birmingham for asking rent, at £969/month.
Asking rent · postcode districts in Birmingham
B23 ranks 31st of 38 postcode districts in Birmingham for asking rent, at £969/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | B74 | £1,670/month | 12 months to Sep 2026 · from monthly figures | 294 | measured |
| 2 | B7 | £1,498/month | 12 months to Sep 2026 · from monthly figures | 217 | measured |
| 3 | B15 | £1,402/month | 12 months to Sep 2026 · from monthly figures | 1,386 | measured |
| 4 | B5 | £1,400/month | 12 months to Sep 2026 · from monthly figures | 1,107 | measured |
| 5 | B9 | £1,387/month | 12 months to Sep 2026 · from monthly figures · 11 of 12 months observed | 42 | indicative |
| 31 | B23 | £969/month | 12 months to Sep 2026 · from monthly figures | 576 | measured |
Full table: asking rent across postcode districts in Birmingham
Gross yield, asking basis · postcode districts in Birmingham
B23 ranks 20th of 35 postcode districts in Birmingham for gross yield, asking basis, at 5.3%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | B18 | 9.8% | 12 months to Sep 2026 · from monthly figures | 3,994 | measured |
| 2 | B3 | 8.9% | 12 months to Sep 2026 · from monthly figures | 3,241 | measured |
| 3 | B5 | 7.4% | 12 months to Sep 2026 · from monthly figures | 5,902 | measured |
| 4 | B15 | 7.1% | 12 months to Sep 2026 · from monthly figures | 4,870 | measured |
| 5 | B1 | 7.1% | 12 months to Sep 2026 · from monthly figures | 5,225 | measured |
| 20 | B23 | 5.3% | 12 months to Sep 2026 · from monthly figures | 834 | measured |
Full table: gross yield, asking basis across postcode districts in Birmingham
Where next from B23?
- BirminghamThe wider market this area sits in.
- B1Neighbouring postcode district · Asking £3,138/m² · Sep 2026
- B10Neighbouring postcode district · Asking £2,757/m² · Sep 2026
- B11Neighbouring postcode district · Asking £3,010/m² · Sep 2026
- B12Neighbouring postcode district · Asking £2,599/m² · Sep 2026
- B13Neighbouring postcode district · Asking £3,078/m² · Sep 2026
- B14Neighbouring postcode district · Asking £3,246/m² · Sep 2026
- B15Neighbouring postcode district · Asking £4,243/m² · Sep 2026
- B16Neighbouring postcode district · Asking £2,366/m² · Sep 2026
- B76Next door, in another authority · Asking £4,253/m² · Sep 2026
- B36Next door, in another authority · Asking £3,539/m² · Sep 2026
Questions about B23
- What is the average rent in B23?
- Homes to let in B23 asked a median £969/month over the 12 months to Sep 2026, 576 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in B23?
- 5.3% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 834 lets. +4.1% on the previous 12 months.
- What kind of homes are in B23?
- B23 has 20,908 homes, 1.0% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about B23
- Property values in B23Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in B23Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in B23What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in B23What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in B23Registered completions from Price Paid, newest first.
- Planning applications in B23What was proposed, who decided it and whether it was approved.
- Estate agents in B23Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 576 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 834 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |