Birmingham cost comparison of new homes and older homes
March 2020 - February 2021
The price of a newly built property is £277k in Birmingham postcode area. The price increased by £15.3k (6%) over the last twelve months. The price of an established property is £245k. There were 843 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 182 (21.6%) properties sold, followed by £200k-£250k price range with 180 (21.4%) properties sold. Most new homes were sold in B15 1, with 169 sold to date from March 2020 - February 2021.
| Birmingham postcode area | England and Wales |
|---|---|
£277kaverage price of a new property | £362kaverage price of a new property |
6%average price percentage change | 5%average price percentage change |
£15.3kaverage price change | £17.7kaverage price change |
March 2020 - February 2021
March 2020 - February 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 March 2020 - February 2021. See also Birmingham property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 1.3% | 11 |
| █ £100k-£150k | 7.6% | 64 |
| █ £150k-£200k | 16.4% | 138 |
| █ £200k-£250k | 21.4% | 180 |
| █ £250k-£300k | 21.1% | 178 |
| █ £300k-£400k | 21.6% | 182 |
| █ £400k-£500k | 6.8% | 57 |
| █ £500k-£750k | 3.2% | 27 |
| █ £750k-£1M | 0.6% | 5 |
| █ over £1M | 0.1% | 1 |
March 2020 - February 2021
March 2020 - February 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
