House Prices in B42 House Prices in B42 (Birmingham)

The average house price in B42 (Birmingham) is £239,500 using HM Land Registry data.

The average property price increased by £53,053 (21.1%) over the last 5 years and increased by £10,630 (3.29%) over the last 12 months.

Over the last year, there were 168 residential property sales – a decrease of 72 transactions (-42.86%) relative to the previous year. The majority of house sales (48) were in the £198,000 - £232,000 range. Then came properties in the £164,000 - £198,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,069 (-2%).

In Oct 24, there were 35 new estate agency instructions, 32 agreed home sales and 23 property price reductions.

5-Year Average Property Prices in B42 (Birmingham)

21.1%

Property prices in Birmingham increased by 21.1% 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 B42 (Birmingham) Over the Last Year

3.29%

Property prices in Birmingham increased by 3.29% 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.

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).

Property Market Heat Gauge for B42 (Birmingham) - Oct 24

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 B42 (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 B42 (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 B42 (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 B42 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B42 postcode area since 1995.

Recent Sales in B42 (Birmingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Croyde Avenue, Birmingham, West Midlands, B42 1JB£325,000£305,000-£20,00021 Mar 202412 Aug 2024144 Days
254 Dyas Avenue, Birmingham, West Midlands, B42 1HG£230,000£216,000-£14,00010 Aug 202305 Aug 2024361 Days
51 Caddick Road, Birmingham, West Midlands, B42 2RL£200,000£198,000-£2,00027 Nov 202301 Aug 2024248 Days
25 Law Cliff Road, Birmingham, West Midlands, B42 1LP£380,000£370,000-£10,00018 Mar 202426 Jul 2024130 Days
66 Tower Hill, Birmingham, West Midlands, B42 1LH£200,000£190,000-£10,00001 Mar 202424 Jun 2024115 Days
46 Ashworth Road, Birmingham, West Midlands, B42 2RA£200,000£200,000£0026 Jan 202421 Jun 2024147 Days
48 Wingfield Road, Great Barr, Birmingham, West Midlands, B42 2QD£230,000£220,000-£10,00010 Nov 202321 Jun 2024224 Days
47 Perry Park Crescent, Birmingham, West Midlands, B42 2LS£260,000£132,500-£127,50026 Dec 202331 May 2024157 Days
32 Hathersage Road, Birmingham, West Midlands, B42 2RZ£225,000£224,000-£1,00016 Jan 202428 May 2024133 Days
15 Brushfield Road, Birmingham, West Midlands, B42 2QL£200,000£198,000-£2,00025 Jan 202424 May 2024120 Days
740 Walsall Road, Great Barr, Birmingham, West Midlands, B42 1EX£340,000£325,000-£15,00010 May 202423 May 202413 Days
45 Carmodale Avenue, Birmingham, West Midlands, B42 1PN£215,000£207,500-£7,50001 Mar 202417 May 202477 Days
55 Glendower Road, Perry Barr, Birmingham, West Midlands, B42 1SY£195,000£188,000-£7,00019 Jul 202303 May 2024289 Days
42 Ashworth Road, Birmingham, West Midlands, B42 2RA£170,000£168,000-£2,00004 Dec 202326 Apr 2024144 Days
865 Walsall Road, Great Barr, Birmingham, West Midlands, B42 1ER£285,000£270,000-£15,00028 Oct 202324 Apr 2024179 Days
14 Malthouse Lane, Great Barr, Birmingham, West Midlands, B42 2JX£230,000£226,000-£4,00015 Jul 202309 Apr 2024269 Days
185 Rocky Lane, Perry Barr, Birmingham, West Midlands, B42 1QY£230,000£225,000-£5,00009 Oct 202305 Apr 2024179 Days
20 Rockford Road, Birmingham, West Midlands, B42 1JX£220,000£210,000-£10,00020 Nov 202328 Mar 2024129 Days
56 Calshot Road, Birmingham, West Midlands, B42 2BT£220,000£220,000£0005 Dec 202328 Mar 2024114 Days
35 Sandy Lane, Great Barr, Birmingham, West Midlands, B42 2QG£285,000£275,000-£10,00014 Aug 202320 Mar 2024219 Days

Most Expensive Streets in B42 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B42 2LYWalsall Road, Perry BarrBirmingham£379,8005
B42 1PARocky Lane, Perry BarrBirmingham£346,3333
B42 1HBHobhouse Close, Great BarrBirmingham£337,3286
B42 2NFPerry AvenueBirmingham£335,8005
B42 2DYBooths Farm CloseBirmingham£330,5004
B42 2FUWoodland MewsBirmingham£326,7504
B42 1UBWalsall Road, Perry BarrBirmingham£318,6427
B42 1UDWalsall Road, Perry BarrBirmingham£302,0836
B42 2BDBooths LaneBirmingham£285,0007
B42 2FSBluebell CrescentBirmingham£283,3427

Least Expensive Streets in B42 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B42 2EXNash SquareBirmingham£88,66612
B42 2QUVicarage CloseBirmingham£95,7857
B42 2TAOscott Road, Perry BarrBirmingham£110,5836
B42 1NLRocky Lane, Great BarrBirmingham£112,5004
B42 2LFChurch Road, Perry BarrBirmingham£121,0006
B42 2GDTame Close, Perry BarrBirmingham£125,6663
B42 2GFTame Close, Perry BarrBirmingham£126,1666
B42 2GGTame Close, Perry BarrBirmingham£127,6005
B42 1NFKingsdown AvenueBirmingham£127,7504
B42 2GPAldridge Square, Perry BarrBirmingham£128,8005

Explore B42 (Birmingham) using map