The price of a newly built property is £388k in Birmingham postcode area. The price increased by £62.4k (19%) over the last twelve months. The price of an established property is £272k. There were 164 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 55 (33.5%) properties sold, followed by £400k-£500k price range with 34 (20.7%) properties sold. Most new homes were sold in B45 8, with 25 sold to date from October 2023 - September 2024.
| October 2023 - September 2024 | Birmingham postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £388k | £373k |
Average price change | 19% £62.4k | -5% £-20.3k |
October 2023 - September 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £388k |
| █ An established property | £272k |
October 2023 - September 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 October 2023 - September 2024. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 4.9% | 8 |
| █ £150k-£200k | 4.9% | 8 |
| █ £200k-£250k | 12.2% | 20 |
| █ £250k-£300k | 11.0% | 18 |
| █ £300k-£400k | 33.5% | 55 |
| █ £400k-£500k | 20.7% | 34 |
| █ £500k-£750k | 8.5% | 14 |
| █ £750k-£1M | 1.8% | 3 |
| █ over £1M | 2.4% | 4 |
October 2023 - September 2024
October 2023 - September 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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