Birmingham cost comparison of new homes and older homes
July 2019 - June 2020
The price of a newly built property is £256k in Birmingham postcode area. The price increased by £3.9k (2%) over the last twelve months. The price of an established property is £229k. There were 1753 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 392 (22.4%) properties sold, followed by £200k-£250k price range with 367 (20.9%) properties sold. Most new homes were sold in B1 3, with 209 sold to date from July 2019 - June 2020.
| Birmingham postcode area | England and Wales |
|---|---|
£256kaverage price of a new property | £347kaverage price of a new property |
2%average price percentage change | 3%average price percentage change |
£3.9kaverage price change | £10.1kaverage price change |
July 2019 - June 2020
July 2019 - June 2020
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 July 2019 - June 2020. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 2.1% | 36 |
| £100k-£150k | 11.6% | 204 |
| £150k-£200k | 22.4% | 392 |
| £200k-£250k | 20.9% | 367 |
| £250k-£300k | 16.6% | 291 |
| £300k-£400k | 17.5% | 306 |
| £400k-£500k | 5.8% | 102 |
| £500k-£750k | 2.8% | 49 |
| £750k-£1M | 0.2% | 4 |
| over £1M | 0.1% | 2 |
July 2019 - June 2020
July 2019 - June 2020
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
