House Prices in B46 House Prices in B46 (Birmingham)

The average house price in B46 (Birmingham) is £218,250 using HM Land Registry data.

The average property price increased by £65,309 (25.26%) over the last 5 years and increased by £13,056 (3.83%) over the last 12 months.

Over the last year, there were 117 residential property sales – a decrease of 94 transactions (-80.34%) relative to the previous year. The majority of house sales (32) were in the £222,000 - £304,000 range. Then came properties in the £140,000 - £222,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,906 (-1%).

In June 2024, there were 32 new estate agency instructions, 19 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in B46 (Birmingham)

25.26%

Property prices in Birmingham increased by 25.26% 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 B46 (Birmingham) Over the Last Year

3.83%

Property prices in Birmingham increased by 3.83% 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 B46 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 B46 (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 B46 (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 B46 (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 B46 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B46 postcode area since 1995.

Recent Sales in B46 (Birmingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
31 St Peters Close, Water Orton, Birmingham, Warwickshire, B46 1RG£400,000£400,000£0008 Nov 202310 May 2024184 Days
123 Norton Road, Coleshill, Birmingham, Warwickshire, B46 1ES£300,000£300,000£0010 Jan 202429 Apr 2024110 Days
31 Springfields, Coleshill, Birmingham, Warwickshire, B46 3EG£240,000£240,000£0011 Oct 202326 Apr 2024198 Days
29 Mercer Avenue, Water Orton, Birmingham, Warwickshire, B46 1NG£230,000£228,000-£2,00010 Jan 202426 Apr 2024107 Days
2 Duncombe Green, Coleshill, Birmingham, Warwickshire, B46 1BP£139,950£120,000-£19,95027 Jan 201626 Apr 20243012 Days
15 Smiths Way, Water Orton, Birmingham, Warwickshire, B46 1TW£500,000£495,000-£5,00024 Oct 202328 Mar 2024156 Days
14 Prossers Walk, Coleshill, Birmingham, Warwickshire, B46 1BU£220,000£217,000-£3,00029 Jul 202315 Mar 2024230 Days
71 Mercer Avenue, Water Orton, Birmingham, Warwickshire, B46 1NG£230,000£230,000£0025 Sep 202328 Feb 2024156 Days
11 Prossers Walk, Coleshill, Birmingham, Warwickshire, B46 1BU£210,000£199,000-£11,00029 Apr 202305 Feb 2024282 Days
233 Station Road, Nether Whitacre, Birmingham, Warwickshire, B46 2JG£499,950£495,000-£4,95025 May 202304 Jan 2024224 Days
21 Lichfield Road, Coleshill, Birmingham, Warwickshire, B46 1EG£275,000£261,000-£14,00024 Sep 202319 Dec 202386 Days
17 Ennersdale Road, Coleshill, Birmingham, Warwickshire, B46 1EP£260,000£249,000-£11,00012 Jun 202315 Dec 2023186 Days
6 Augustus Close, Coleshill, Birmingham, Warwickshire, B46 1HJ£220,000£220,000£0003 Oct 202315 Dec 202373 Days
40 Lichfield Road, Coleshill, Birmingham, Warwickshire, B46 1EG£230,000£204,000-£26,00027 Sep 202328 Nov 202362 Days
8 Duncombe Green, Coleshill, Birmingham, Warwickshire, B46 1BP£135,000£125,000-£10,00029 Aug 202324 Nov 202387 Days
66 Brendan Close, Coleshill, Birmingham, Warwickshire, B46 3EF£620,000£615,000-£5,00007 Jun 202324 Nov 2023170 Days
The Gardens, Coleshill Road, Water Orton, Birmingham, Warwickshire, B46 1QX£585,000£575,000-£10,00004 Jul 202322 Nov 2023141 Days
48 Overton Drive, Water Orton, Birmingham, Warwickshire, B46 1QL£375,000£360,000-£15,00020 Jun 202317 Nov 2023150 Days
193 Station Road, Nether Whitacre, Birmingham, Warwickshire, B46 2JG£575,000£565,000-£10,00013 Jan 202317 Nov 2023308 Days
32 Rose Road, Coleshill, Birmingham, Warwickshire, B46 1EN£265,000£263,000-£2,00001 Aug 202310 Nov 2023101 Days

Most Expensive Streets in B46 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B46 2QPPackington Lane, MaxstokeBirmingham£636,6663
B46 1AHBlythe Road, ColeshillBirmingham£587,1077
B46 2BWMalkins Way, ShustokeBirmingham£583,5717
B46 2NUPound Lane, Over WhitacreBirmingham£575,0003
B46 3DHThe Drive, ColeshillBirmingham£550,0003
B46 3EXCoventry Road, ColeshillBirmingham£548,3333
B46 2JGStation Road, Nether WhitacreBirmingham£527,5004
B46 2AWBack Lane, ShustokeBirmingham£521,6336
B46 1AFBlythe Road, ColeshillBirmingham£505,6254
B46 2EXCoton Road, Nether WhitacreBirmingham£440,8333

Least Expensive Streets in B46 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B46 1SLLong Leys Court, Water OrtonBirmingham£71,6663
B46 1SYOrton Close, Water OrtonBirmingham£107,4005
B46 1SXOrton Close, Water OrtonBirmingham£109,6666
B46 1AEBlythe Court, Blythe RoadBirmingham£113,0003
B46 1AGMansard Court, Blythe RoadBirmingham£124,8336
B46 1RPLudgate Close, Water OrtonBirmingham£127,2504
B46 1BPDuncombe Green, ColeshillBirmingham£137,3333
B46 1PFGeorge Road, Water OrtonBirmingham£138,5005
B46 1ASPark Court, Birmingham RoadBirmingham£141,7147
B46 3AJChurch Hill, ColeshillBirmingham£145,0003

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