The price of a newly built property is £393k in Birmingham postcode area. The price increased by £76.6k (24%) over the last twelve months. The price of an established property is £275k. There were 198 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 60 (30.3%) properties sold, followed by £400k-£500k price range with 40 (20.2%) properties sold. Most new homes were sold in B90 8, with 34 sold to date from August 2023 - July 2024.
August 2023 - July 2024 | Birmingham postcode area | England & Wales |
---|---|---|
Average price of a new home | £393k | £378k |
Average price change | 24% £76.6k | -4% £-15.0k |
August 2023 - July 2024
New or established | Average price |
---|---|
█ A newly built property | £393k |
█ An established property | £275k |
August 2023 - July 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 August 2023 - July 2024. See also Birmingham property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 1.5% | 3 |
█ £150k-£200k | 7.1% | 14 |
█ £200k-£250k | 11.1% | 22 |
█ £250k-£300k | 14.6% | 29 |
█ £300k-£400k | 30.3% | 60 |
█ £400k-£500k | 20.2% | 40 |
█ £500k-£750k | 12.1% | 24 |
█ over £1M | 3.0% | 6 |
August 2023 - July 2024
August 2023 - July 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