House Prices in B45 House Prices in B45 (Birmingham)

The average house price in B45 (Birmingham) is £260,947 using HM Land Registry data.

The average property price increased by £58,270 (27.36%) over the last 5 years and increased by £11,676 (4.09%) over the last 12 months.

Over the last year, there were 315 residential property sales – a decrease of 66 transactions (-20.95%) relative to the previous year. The majority of house sales (121) were in the £150,000 - £240,000 range. Then came properties in the £240,000 - £330,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 130 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,620 (-2%).

In Dec 24, there were 25 new estate agency instructions, 35 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in B45 (Birmingham)

27.36%

Property prices in Birmingham increased by 27.36% 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 B45 (Birmingham) Over the Last Year

4.09%

Property prices in Birmingham increased by 4.09% 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 B45 (Birmingham) - Dec 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 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 B45 (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 B45 (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 B45 (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 B45 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B45 postcode area since 1995.

Recent Sales in B45 (Birmingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
57 Meadowfield Road, Rubery, Birmingham, Worcestershire, B45 9BY£365,000£355,000-£10,00010 Jun 202431 Oct 2024143 Days
83 Rednal Mill Drive, Rednal, Birmingham, West Midlands, B45 8XZ£220,000£220,000£0010 Jun 202425 Oct 2024137 Days
79 Bittell Road, Barnt Green, Birmingham, Worcestershire, B45 8LX£995,000£995,000£0029 Jul 202425 Oct 202488 Days
71 Maple Road, Rubery, Birmingham, Worcestershire, B45 9EB£435,000£410,000-£25,00010 May 202422 Oct 2024165 Days
40 Eachway Lane, Rednal, Birmingham, West Midlands, B45 9LG£185,000£183,000-£2,00011 Jan 202421 Oct 2024284 Days
16 Grange Crescent, Rubery, Birmingham, Worcestershire, B45 9XB£285,000£285,000£0026 Apr 202418 Oct 2024175 Days
5 Holywell Lane, Rubery, Birmingham, Worcestershire, B45 9EJ£425,000£407,500-£17,50019 Apr 202418 Oct 2024182 Days
31 Barnt Green Road, Cofton Hackett, Birmingham, Worcestershire, B45 8ND£365,000£358,000-£7,00014 Mar 202418 Oct 2024218 Days
98 Kendal Rise Road, Rednal, Birmingham, West Midlands, B45 9PX£225,000£225,000£0014 Jun 202418 Oct 2024126 Days
43 Ashill Road, Rednal, Birmingham, West Midlands, B45 9RB£220,000£205,000-£15,00012 Aug 202311 Oct 2024426 Days
11 Rock Avenue, Rednal, Birmingham, West Midlands, B45 8QH£220,000£218,000-£2,00010 May 202410 Oct 2024153 Days
5 Monument Lane, Lickey, Birmingham, Worcestershire, B45 9QQ£700,000£693,000-£7,00022 Mar 202407 Oct 2024199 Days
1 Westray Close, Rubery, Birmingham, West Midlands, B45 0HL£170,000£170,000£0008 Feb 202412 Aug 2024186 Days
36 Brookdale Close, Rubery, Birmingham, West Midlands, B45 9FH£230,000£230,000£0026 Apr 202409 Aug 2024105 Days
38 Irwin Avenue, Rednal, Birmingham, West Midlands, B45 8QU£240,000£215,000-£25,00019 Apr 202409 Aug 2024112 Days
41 Callowbrook Lane, Rubery, Birmingham, Worcestershire, B45 9HW£240,000£235,000-£5,00020 Mar 202407 Aug 2024140 Days
94 Rubery Lane, Rubery, Birmingham, West Midlands, B45 9AY£250,000£240,000-£10,00025 Apr 202406 Aug 2024103 Days
7 Victoria Mews, Barnt Green, Birmingham, Worcestershire, B45 8NA£475,000£470,000-£5,00028 Mar 202401 Aug 2024126 Days
1721 Bristol Road South, Rednal, Birmingham, West Midlands, B45 9PE£200,000£192,500-£7,50015 Mar 202431 Jul 2024138 Days
105 Wolverton Road, Rednal, Birmingham, West Midlands, B45 8RL£225,000£217,500-£7,50009 Apr 202429 Jul 2024111 Days

Most Expensive Streets in B45 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B45 8JTBlakesfield Drive, Barnt GreenBirmingham£1,508,3333
B45 8JFPlymouth Road, Barnt GreenBirmingham£1,470,3336
B45 8JEPlymouth Road, Barnt GreenBirmingham£1,332,1427
B45 8LGRosewood Drive, Barnt GreenBirmingham£1,278,7504
B45 8HFWhite House Drive, Barnt GreenBirmingham£1,146,2504
B45 8JJLinthurst Road, Barnt GreenBirmingham£1,118,3333
B45 8LJCherry Hill Road, Barnt GreenBirmingham£1,107,1663
B45 8HZDunedin Drive, Barnt GreenBirmingham£994,8674
B45 8HLMearse Lane, Barnt GreenBirmingham£954,9905
B45 8HXTwatling Road, Barnt GreenBirmingham£898,3333

Least Expensive Streets in B45 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B45 8XYRednal Mill Drive, RednalBirmingham£67,41014
B45 9TYBristol Road South, RednalBirmingham£70,3333
B45 0NZHafren Close, RuberyBirmingham£80,5005
B45 9YBAshill Road, RednalBirmingham£82,16126
B45 0BHRingwood Drive, RuberyBirmingham£93,3333
B45 9NHLongwood Road, RednalBirmingham£101,16212
B45 9HTAshgrove House, Callowbrook LaneBirmingham£110,2504
B45 9HZChadwick House, Callowbrook LaneBirmingham£113,7005
B45 9RYThe Doweries, RuberyBirmingham£115,4005
B45 9HXBeacon House, Callowbrook LaneBirmingham£118,3333

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