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House Prices in B16

The average house price in B16 (Birmingham) is £282,000 using HM Land Registry data.

The average property price increased by £37,882 (39.97%) over the last 5 years and increased by £7,573 (5.51%) over the last 12 months.

Over the last year, there were 112 residential property sales – a decrease of 44 transactions (-39.29%) relative to the previous year. The majority of house sales (29) were in the £120,000 - £190,000 range. Then came properties in the £190,000 - £260,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,600 (-1%).

In June 2024, there were 47 new estate agency instructions, 18 agreed home sales and 45 property price reductions.

5-Year Average Property Prices in B16 (Birmingham)

39.97%

Property prices in Birmingham increased by 39.97% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B16 (Birmingham) Over the Last Year

5.51%

Property prices in Birmingham increased by 5.51% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for B16 (Birmingham) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B16 (Birmingham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B16 (Birmingham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B16 (Birmingham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B16 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B16 postcode area since 1995.

Recent Sales in B16 (Birmingham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
230 Shenstone Road, Edgbaston, Birmingham, West Midlands, B16 0NP	£170,000	£165,000	-£5,000	14 Dec 2023	10 May 2024	148 Days
3 Bellcroft, Birmingham, West Midlands, B16 8EJ	£225,000	£208,000	-£17,000	14 Mar 2023	08 Mar 2024	360 Days
121 Stanmore Road, Birmingham, West Midlands, B16 0SX	£390,000	£370,000	-£20,000	11 Oct 2023	23 Feb 2024	135 Days
17 Wyndham Road, Birmingham, West Midlands, B16 9RJ	£250,000	£235,000	-£15,000	17 Oct 2023	16 Feb 2024	122 Days
69 Vernon Road, Edgbaston, Birmingham, West Midlands, B16 9SQ	£850,000	£842,000	-£8,000	12 May 2023	19 Dec 2023	221 Days
2 Knoll Croft, Ladywood, Birmingham, West Midlands, B16 8DY	£320,000	£320,000	£00	23 Aug 2023	19 Dec 2023	118 Days
148 Lighthorne Avenue, Ladywood, Birmingham, West Midlands, B16 8EP	£230,000	£210,000	-£20,000	31 Jul 2023	30 Nov 2023	122 Days
136 Stanmore Road, Birmingham, West Midlands, B16 0SX	£475,000	£465,000	-£10,000	14 Oct 2023	29 Nov 2023	46 Days
32 Shenstone Road, Edgbaston, Birmingham, West Midlands, B16 0NU	£180,000	£171,000	-£9,000	17 Mar 2023	29 Sep 2023	196 Days
363 City Road, Birmingham, West Midlands, B16 0NB	£450,000	£450,000	£00	02 Feb 2023	08 Sep 2023	218 Days
133 Rotton Park Road, Birmingham, West Midlands, B16 0LJ	£500,000	£490,000	-£10,000	15 Jan 2023	19 Jul 2023	185 Days
65 Cavendish Road, Birmingham, West Midlands, B16 0HT	£250,000	£235,000	-£15,000	29 Jul 2022	14 Jul 2023	350 Days
75 Waterworks Road, Birmingham, West Midlands, B16 9AL	£270,000	£265,000	-£5,000	15 Feb 2023	21 Jun 2023	126 Days
41 Selwyn Road, Birmingham, West Midlands, B16 0SJ	£425,000	£422,000	-£3,000	10 Nov 2022	09 Jun 2023	211 Days
410 Gillott Road, Birmingham, West Midlands, B16 9LP	£625,000	£617,000	-£8,000	22 Sep 2022	23 May 2023	243 Days
28 Grosvenor Street West, Birmingham, West Midlands, B16 8HN	£335,000	£325,000	-£10,000	15 Nov 2022	31 Mar 2023	136 Days
32 Rotton Park Road, Birmingham, West Midlands, B16 9JL	£790,000	£700,000	-£90,000	05 Oct 2021	30 Mar 2023	541 Days
21 Melville Road, Birmingham, West Midlands, B16 9LN	£595,000	£568,000	-£27,000	29 Jul 2022	29 Mar 2023	243 Days
102 Portland Road, Edgbaston, Birmingham, West Midlands, B16 9QU	£495,000	£485,000	-£10,000	11 Jan 2023	20 Mar 2023	68 Days
88 Shenstone Road, Edgbaston, Birmingham, West Midlands, B16 0NT	£175,000	£165,000	-£10,000	09 Aug 2022	23 Jan 2023	167 Days

Most Expensive Streets in B16 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B16 9JP	Moorland Road	Birmingham	£588,333	3
B16 0SJ	Selwyn Road	Birmingham	£555,400	5
B16 9SE	Clarendon Road	Birmingham	£468,866	3
B16 9QX	Portland Road	Birmingham	£467,968	4
B16 9LN	Melville Road	Birmingham	£422,571	7
B16 0AQ	South Loop Square	Birmingham	£412,425	20
B16 0LL	Jacey Road	Birmingham	£405,000	4
B16 0LJ	Rotton Park Road	Birmingham	£395,000	3
B16 9JS	Manor Road North	Birmingham	£391,200	6
B16 0LH	Rotton Park Road	Birmingham	£390,750	4

Least Expensive Streets in B16 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B16 9JH	Rotton Park Road	Birmingham	£102,080	5
B16 0NS	Shenstone Road, Edgbaston	Birmingham	£111,600	5
B16 0EL	Summerfield Crescent	Birmingham	£112,000	3
B16 9EQ	Mariner Avenue	Birmingham	£112,000	3
B16 8FT	Sherborne Street	Birmingham	£114,666	6
B16 9NB	The Lodge 283-285, Hagley Road	Birmingham	£118,671	7
B16 8AH	Sheepcote Street	Birmingham	£118,937	4
B16 0JQ	Laxey Road	Birmingham	£121,333	3
B16 8EU	Ladywood Middleway	Birmingham	£125,368	8
B16 8HU	Hagley Road	Birmingham	£132,500	4