Birmingham cost comparison of new homes and older homes
September 2020 - August 2021
The price of a newly built property is £295k in Birmingham postcode area. The price increased by £35.3k (14%) over the last twelve months. The price of an established property is £265k. There were 554 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 139 (25.1%) properties sold, followed by £300k-£400k price range with 112 (20.2%) properties sold. Most new homes were sold in B15 1, with 78 sold to date from September 2020 - August 2021.
| Birmingham postcode area | England and Wales |
|---|---|
£295kaverage price of a new property | £361kaverage price of a new property |
14%average price percentage change | 2%average price percentage change |
£35.3kaverage price change | £6.9kaverage price change |
September 2020 - August 2021
September 2020 - August 2021
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 September 2020 - August 2021. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.2% | 1 |
| █ £100k-£150k | 6.7% | 37 |
| █ £150k-£200k | 13.4% | 74 |
| █ £200k-£250k | 19.7% | 109 |
| █ £250k-£300k | 25.1% | 139 |
| █ £300k-£400k | 20.2% | 112 |
| █ £400k-£500k | 7.8% | 43 |
| █ £500k-£750k | 5.6% | 31 |
| █ £750k-£1M | 1.3% | 7 |
| █ over £1M | 0.2% | 1 |
September 2020 - August 2021
September 2020 - August 2021
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
