The price of a newly built property is £370k in Birmingham postcode area. The price increased by £54.0k (17%) over the last twelve months. The price of an established property is £276k. There were 291 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 83 (28.5%) properties sold, followed by £400k-£500k price range with 51 (17.5%) properties sold. Most new homes were sold in B90 8, with 49 sold to date from June 2023 - May 2024.
June 2023 - May 2024 | Birmingham postcode area | England & Wales |
---|---|---|
Average price of a new home | £370k | £384k |
Average price change | 17% £54.0k | 0% £-1.9k |
June 2023 - May 2024
New or established | Average price |
---|---|
█ A newly built property | £370k |
█ An established property | £276k |
June 2023 - May 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 June 2023 - May 2024. See also Birmingham property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 1.7% | 5 |
█ £100k-£150k | 1.0% | 3 |
█ £150k-£200k | 7.6% | 22 |
█ £200k-£250k | 13.1% | 38 |
█ £250k-£300k | 15.8% | 46 |
█ £300k-£400k | 28.5% | 83 |
█ £400k-£500k | 17.5% | 51 |
█ £500k-£750k | 12.7% | 37 |
█ £750k-£1M | 1.0% | 3 |
█ over £1M | 1.0% | 3 |
June 2023 - May 2024
June 2023 - May 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