The price of a newly built property is £375k in Birmingham postcode area. The price increased by £44.5k (13%) over the last twelve months. The price of an established property is £273k. There were 168 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 46 (27.4%) properties sold, followed by £400k-£500k price range with 38 (22.6%) properties sold. Most new homes were sold in B45 8, with 24 sold to date from November 2023 - October 2024.
| November 2023 - October 2024 | Birmingham postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £375k | £381k |
Average price change | 13% £44.5k | -4% £-16.5k |
November 2023 - October 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £375k |
| █ An established property | £273k |
November 2023 - October 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 November 2023 - October 2024. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 6.0% | 10 |
| █ £150k-£200k | 6.5% | 11 |
| █ £200k-£250k | 11.3% | 19 |
| █ £250k-£300k | 11.9% | 20 |
| █ £300k-£400k | 27.4% | 46 |
| █ £400k-£500k | 22.6% | 38 |
| █ £500k-£750k | 12.5% | 21 |
| █ £750k-£1M | 0.6% | 1 |
| █ over £1M | 1.2% | 2 |
November 2023 - October 2024
November 2023 - October 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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