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House Prices in B37

The average house price in B37 (Birmingham) is £173,166 using HM Land Registry data.

The average property price increased by £29,032 (20.68%) over the last 5 years and increased by £5,804 (3.24%) over the last 12 months.

Over the last year, there were 253 residential property sales – a decrease of 110 transactions (-43.48%) relative to the previous year. The majority of house sales (76) were in the £154,000 - £198,000 range. Then came properties in the £198,000 - £242,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,654 (-2%).

In June 2024, there were 43 new estate agency instructions, 42 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in B37 (Birmingham)

20.68%

Property prices in Birmingham increased by 20.68% 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 B37 (Birmingham) Over the Last Year

3.24%

Property prices in Birmingham increased by 3.24% 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 B37 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 B37 (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 B37 (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 B37 (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 B37 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B37 postcode area since 1995.

Recent Sales in B37 (Birmingham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
29 Rowan Way, Chelmsley Wood, Birmingham, West Midlands, B37 7QT	£250,000	£250,000	£00	24 Jan 2024	10 May 2024	107 Days
9 Wayside, Birmingham, West Midlands, B37 7AY	£250,000	£245,000	-£5,000	23 Nov 2023	03 May 2024	162 Days
251 Coleshill Heath Road, Birmingham, West Midlands, B37 7HY	£495,000	£450,000	-£45,000	30 Jun 2023	30 Apr 2024	305 Days
15 St Leonards Close, Marston Green, Birmingham, West Midlands, B37 7DJ	£300,000	£290,000	-£10,000	17 Feb 2023	25 Apr 2024	433 Days
34 Canterbury Drive, Marston Green, Birmingham, West Midlands, B37 7DP	£315,000	£315,000	£00	11 Jan 2024	24 Apr 2024	104 Days
48 Charlbury Avenue, Birmingham, West Midlands, B37 5BD	£250,000	£240,000	-£10,000	26 Dec 2023	18 Apr 2024	114 Days
37 Chester Close, Birmingham, West Midlands, B37 5HE	£150,000	£145,000	-£5,000	10 Nov 2023	12 Apr 2024	154 Days
10 Moseley Drive, Marston Green, Birmingham, West Midlands, B37 7AJ	£350,000	£340,000	-£10,000	06 Dec 2023	28 Mar 2024	113 Days
40 Dawley Crescent, Birmingham, West Midlands, B37 7RU	£130,000	£130,000	£00	05 Sep 2023	22 Mar 2024	199 Days
28 Ryeclose Croft, Chelmsley Wood, Birmingham, West Midlands, B37 6UB	£325,000	£325,000	£00	07 May 2023	06 Mar 2024	304 Days
41 Acacia Avenue, Birmingham, West Midlands, B37 6AG	£270,000	£265,000	-£5,000	06 Sep 2023	01 Mar 2024	177 Days
59 Eileen Gardens, Birmingham, West Midlands, B37 6NJ	£195,000	£183,995	-£11,005	15 May 2023	01 Mar 2024	291 Days
14 Leahill Croft, Birmingham, West Midlands, B37 5JN	£170,000	£165,000	-£5,000	11 Aug 2023	29 Feb 2024	202 Days
77 Arderne Drive, Birmingham, West Midlands, B37 5HW	£175,000	£175,000	£00	10 Sep 2023	22 Feb 2024	165 Days
7 Hilleys Croft, Birmingham, West Midlands, B37 5BL	£185,000	£185,000	£00	21 Dec 2023	20 Feb 2024	61 Days
31 Walnut Close, Birmingham, West Midlands, B37 7PT	£150,000	£147,000	-£3,000	06 Jan 2023	12 Feb 2024	402 Days
32 Ash Crescent, Birmingham, West Midlands, B37 6AD	£235,000	£230,000	-£5,000	21 Oct 2023	09 Feb 2024	111 Days
98 Willow Way, Birmingham, West Midlands, B37 7PW	£90,000	£90,000	£00	21 Oct 2023	08 Feb 2024	110 Days
48 Laburnum Avenue, Birmingham, West Midlands, B37 6AW	£190,000	£185,000	-£5,000	27 Sep 2023	02 Feb 2024	128 Days
113 Piccadilly Close, Birmingham, West Midlands, B37 7LF	£195,000	£193,500	-£1,500	12 Oct 2023	02 Feb 2024	113 Days

Most Expensive Streets in B37 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B37 7EG	Elmdon Lane, Marston Green	Birmingham	£508,500	4
B37 7JB	Maple Leaf Drive	Birmingham	£481,800	10
B37 7EY	Bickenhill Lane	Birmingham	£452,000	5
B37 7DN	Elmdon Lane, Marston Green	Birmingham	£430,833	6
B37 7GH	Byford Way	Birmingham	£424,000	3
B37 7JE	Blackfirs Lane	Birmingham	£422,500	5
B37 7HY	Coleshill Heath Road	Birmingham	£402,700	5
B37 7GJ	Harby Close	Birmingham	£402,500	4
B37 7GW	Wagstaff Way	Birmingham	£400,666	3
B37 7DL	Elmdon Lane, Marston Green	Birmingham	£399,166	6

Least Expensive Streets in B37 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B37 7LL	Wheatcroft Drive	Birmingham	£87,000	3
B37 6HP	Foxwood Grove	Birmingham	£87,750	4
B37 6EH	Westminster, Hopwas Grove	Birmingham	£98,500	6
B37 6NF	Cooks Lane	Birmingham	£98,983	3
B37 6SY	Lyecroft Avenue	Birmingham	£105,333	3
B37 7QH	Peace Walk, Chelmsley Wood	Birmingham	£105,833	3
B37 5AS	Craneberry Road	Birmingham	£107,345	10
B37 6TS	Travellers Way	Birmingham	£109,750	6
B37 7LH	Nevada Way	Birmingham	£110,000	3
B37 6SH	Clover Avenue	Birmingham	£114,000	3