Birmingham cost comparison of new homes and older homes
June 2020 - May 2021
The price of a newly built property is £272k in Birmingham postcode area. The price increased by £10.9k (4%) over the last twelve months. The price of an established property is £258k. There were 961 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 215 (22.4%) properties sold, followed by £200k-£250k price range with 213 (22.2%) properties sold. Most new homes were sold in B15 1, with 110 sold to date from June 2020 - May 2021.
| Birmingham postcode area | England and Wales |
|---|---|
£272kaverage price of a new property | £358kaverage price of a new property |
4%average price percentage change | 2%average price percentage change |
£10.9kaverage price change | £6.7kaverage price change |
June 2020 - May 2021
June 2020 - May 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 June 2020 - May 2021. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.5% | 5 |
| █ £100k-£150k | 10.0% | 96 |
| █ £150k-£200k | 15.2% | 146 |
| █ £200k-£250k | 22.2% | 213 |
| █ £250k-£300k | 22.4% | 215 |
| █ £300k-£400k | 20.2% | 194 |
| █ £400k-£500k | 5.8% | 56 |
| █ £500k-£750k | 3.4% | 33 |
| █ £750k-£1M | 0.2% | 2 |
| █ over £1M | 0.1% | 1 |
June 2020 - May 2021
June 2020 - May 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
