The price of a newly built property is £358k in Birmingham postcode area. The price increased by £23.3k (7%) over the last twelve months. The price of an established property is £273k. There were 176 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 45 (25.6%) properties sold, followed by £400k-£500k price range with 30 (17.0%) properties sold. Most new homes were sold in B77 4, with 23 sold to date from January 2024 - December 2024.
| January 2024 - December 2024 | Birmingham postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £358k | £381k |
Average price change | 7% £23.3k | -4% £-14.2k |
January 2024 - December 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £358k |
| █ An established property | £273k |
January 2024 - December 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 January 2024 - December 2024. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 6.2% | 11 |
| █ £150k-£200k | 11.4% | 20 |
| █ £200k-£250k | 10.2% | 18 |
| █ £250k-£300k | 15.3% | 27 |
| █ £300k-£400k | 25.6% | 45 |
| █ £400k-£500k | 17.0% | 30 |
| █ £500k-£750k | 11.9% | 21 |
| █ £750k-£1M | 1.1% | 2 |
| █ over £1M | 1.1% | 2 |
January 2024 - December 2024
January 2024 - December 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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