The price of a newly built property is £328k in Birmingham postcode area. The price increased by £23.0k (8%) over the last twelve months. The price of an established property is £274k. There were 166 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 42 (25.3%) properties sold, followed by £250k-£300k price range with 40 (24.1%) properties sold. Most new homes were sold in B45 8, with 27 sold to date from March 2023 - February 2024.
| March 2023 - February 2024 | Birmingham postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £328k | £431k |
Average price change | 8% £23.0k | 13% £50.0k |
March 2023 - February 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £328k |
| █ An established property | £274k |
March 2023 - February 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 March 2023 - February 2024. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.6% | 1 |
| █ £100k-£150k | 1.8% | 3 |
| █ £150k-£200k | 4.2% | 7 |
| █ £200k-£250k | 18.7% | 31 |
| █ £250k-£300k | 24.1% | 40 |
| █ £300k-£400k | 25.3% | 42 |
| █ £400k-£500k | 19.3% | 32 |
| █ £500k-£750k | 6.0% | 10 |
March 2023 - February 2024
March 2023 - February 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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