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House Prices in B7

The average house price in B7 (Birmingham) is £0 using HM Land Registry data.

The average property price increased by £33,297 (45.55%) over the last 5 years and increased by £6,671 (6.07%) over the last 12 months.

Over the last year, there were 12 residential property sales – a decrease of 6 transactions (-50.00%) relative to the previous year. The majority of house sales (4) were in the £158,000 - £204,000 range. Then came properties in the £204,000 - £250,000 range, where 3 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,000 (-4%).

In Oct 24, there were 2 new estate agency instructions, 4 agreed home sales and property price reductions.

5-Year Average Property Prices in B7 (Birmingham)

45.55%

Property prices in Birmingham increased by 45.55% 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 B7 (Birmingham) Over the Last Year

6.07%

Property prices in Birmingham increased by 6.07% 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 B7 (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 B7 (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 B7 (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 B7 (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 B7 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B7 postcode area since 1995.

Recent Sales in B7 (Birmingham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Fowler Street, Birmingham, West Midlands, B7 5DA	£180,000	£180,000	£00	14 Apr 2023	08 Sep 2023	147 Days
8 Oliver Street, Birmingham, West Midlands, B7 4NX	£235,000	£225,000	-£10,000	06 Jan 2023	05 May 2023	119 Days
19 Chattaway Street, Birmingham, West Midlands, B7 5LN	£80,000	£70,000	-£10,000	11 Apr 2022	02 Sep 2022	144 Days
29 Bloomsbury Walk, Birmingham, West Midlands, B7 5DG	£190,000	£190,000	£00	23 Feb 2022	10 Jun 2022	107 Days
9 Charles Drive, Birmingham, West Midlands, B7 5HB	£175,000	£170,000	-£5,000	10 Mar 2021	17 Sep 2021	191 Days
30 Wardlow Road, Birmingham, West Midlands, B7 4JH	£130,000	£125,000	-£5,000	22 Oct 2020	26 May 2021	216 Days
325 Nechells Park Road, Nechells, Birmingham, West Midlands, B7 5NU	£170,000	£170,000	£00	26 Oct 2020	21 May 2021	207 Days
22 Thornberry Walk, Birmingham, West Midlands, B7 5UA	£150,000	£147,000	-£3,000	22 Jun 2020	18 Dec 2020	179 Days
7 Charles Drive, Birmingham, West Midlands, B7 5HB	£160,000	£160,000	£00	27 Aug 2020	10 Dec 2020	105 Days
19 Stanley Road, Nechells, Birmingham, West Midlands, B7 5QS	£140,000	£135,000	-£5,000	13 Dec 2019	30 Sep 2020	292 Days
39 Old Stables Walk, Birmingham, West Midlands, B7 5UD	£150,000	£142,000	-£8,000	05 Feb 2020	27 Aug 2020	204 Days
41 Old Stables Walk, Birmingham, West Midlands, B7 5UD	£150,000	£143,000	-£7,000	05 Feb 2020	10 Jul 2020	156 Days
6 Cook Street, Nechells, Birmingham, West Midlands, B7 5LP	£135,000	£130,000	-£5,000	12 Sep 2019	21 Feb 2020	162 Days
21 Old Stables Walk, Birmingham, West Midlands, B7 5UD	£180,000	£173,000	-£7,000	01 Aug 2019	20 Dec 2019	141 Days
40 Marton Close, Birmingham, West Midlands, B7 5HU	£150,000	£144,000	-£6,000	05 Jan 2019	12 Dec 2019	341 Days
21 Fowler Street, Birmingham, West Midlands, B7 5DA	£97,500	£97,500	£00	25 Jul 2019	12 Dec 2019	140 Days
8 Thornberry Walk, Birmingham, West Midlands, B7 5UA	£130,000	£130,000	£00	03 Sep 2019	28 Nov 2019	86 Days
28 Marton Close, Birmingham, West Midlands, B7 5HU	£150,000	£148,000	-£2,000	25 Feb 2019	01 Nov 2019	249 Days
17 Bodmin Grove, Birmingham, West Midlands, B7 4PG	£95,000	£95,000	£00	02 May 2019	31 Oct 2019	182 Days
4 Chattaway Street, Birmingham, West Midlands, B7 5LN	£110,000	£104,000	-£6,000	14 May 2019	21 Oct 2019	160 Days

Most Expensive Streets in B7 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B7 4QS	Great Francis Street	Birmingham	£205,000	3
B7 4QS	Great Francis Street	Birmingham	£205,000	3
B7 4NF	Heneage Street	Birmingham	£199,000	3
B7 4NF	Heneage Street	Birmingham	£199,000	3
B7 5DG	Bloomsbury Walk	Birmingham	£185,666	3
B7 5DG	Bloomsbury Walk	Birmingham	£185,666	3
B7 5DJ	Lingard Close	Birmingham	£184,000	3
B7 5DJ	Lingard Close	Birmingham	£184,000	3
B7 5UD	Old Stables Walk	Birmingham	£162,500	4
B7 5UD	Old Stables Walk	Birmingham	£162,500	4

Least Expensive Streets in B7 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B7 5DS	Rupert Street, Nechells	Birmingham	£72,000	5
B7 5DS	Rupert Street, Nechells	Birmingham	£72,000	5
B7 5HA	Rocky Lane, Nechells	Birmingham	£117,500	3
B7 5HA	Rocky Lane, Nechells	Birmingham	£117,500	3
B7 5LP	Cook Street, Nechells	Birmingham	£147,666	3
B7 5LP	Cook Street, Nechells	Birmingham	£147,666	3
B7 5DA	Fowler Street	Birmingham	£150,833	3
B7 5DA	Fowler Street	Birmingham	£150,833	3
B7 5HU	Marton Close	Birmingham	£160,666	3
B7 5HU	Marton Close	Birmingham	£160,666	3