The price of a newly built property is £361k in Birmingham postcode area. The price increased by £28.2k (8%) over the last twelve months. The price of an established property is £273k. There were 205 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 51 (24.9%) properties sold, followed by £400k-£500k price range with 36 (17.6%) properties sold. Most new homes were sold in B45 8, with 23 sold to date from December 2023 - November 2024.
| December 2023 - November 2024 | Birmingham postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £361k | £377k |
Average price change | 8% £28.2k | -5% £-20.2k |
December 2023 - November 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £361k |
| █ An established property | £273k |
December 2023 - November 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between December 2023 - November 2024. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 5.4% | 11 |
| █ £150k-£200k | 9.3% | 19 |
| █ £200k-£250k | 14.1% | 29 |
| █ £250k-£300k | 15.1% | 31 |
| █ £300k-£400k | 24.9% | 51 |
| █ £400k-£500k | 17.6% | 36 |
| █ £500k-£750k | 11.2% | 23 |
| █ £750k-£1M | 1.0% | 2 |
| █ over £1M | 1.5% | 3 |
December 2023 - November 2024
December 2023 - November 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
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