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House Prices in B15

The average house price in B15 (Birmingham) is £180,000 using HM Land Registry data.

The average property price increased by £61,493 (77.83%) over the last 5 years and increased by £12,293 (8.7%) over the last 12 months.

Over the last year, there were 115 residential property sales – a decrease of 86 transactions (-74.78%) relative to the previous year. The majority of house sales (56) were in the £130,000 - £280,000 range. Then came properties in the £280,000 - £430,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 124 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-35,571 (-5%).

In June 2024, there were 43 new estate agency instructions, 20 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in B15 (Birmingham)

77.83%

Property prices in Birmingham increased by 77.83% 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 B15 (Birmingham) Over the Last Year

8.7%

Property prices in Birmingham increased by 8.7% 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 B15 (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 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 B15 (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 B15 (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 B15 (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 B15 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B15 postcode area since 1995.

Recent Sales in B15 (Birmingham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Wheeleys Road, Edgbaston, Birmingham, West Midlands, B15 2LD	£825,000	£800,000	-£25,000	26 Sep 2023	15 Apr 2024	202 Days
17 St James Road, Edgbaston, Birmingham, West Midlands, B15 1JR	£700,000	£700,000	£00	30 May 2023	03 Apr 2024	309 Days
15 Stockdale Place, Birmingham, West Midlands, B15 3XH	£200,000	£200,000	£00	16 Sep 2023	19 Dec 2023	94 Days
18 Estria Road, Birmingham, West Midlands, B15 2LQ	£235,000	£230,000	-£5,000	04 Nov 2022	14 Dec 2023	405 Days
3 Pakenham Road, Birmingham, West Midlands, B15 2NE	£999,950	£960,000	-£39,950	02 May 2023	14 Dec 2023	226 Days
17 Phoenix Green, Birmingham, West Midlands, B15 3NR	£1,250,000	£1,225,000	-£25,000	10 Oct 2023	29 Nov 2023	50 Days
8 Sandy Way, Birmingham, West Midlands, B15 1EQ	£200,000	£195,000	-£5,000	27 Mar 2023	18 Oct 2023	205 Days
16 Wellington Road, Edgbaston, Birmingham, West Midlands, B15 2EU	£795,000	£745,000	-£50,000	27 Feb 2023	29 Sep 2023	214 Days
91 Augustus Road, Edgbaston, Birmingham, West Midlands, B15 3LT	£795,000	£725,000	-£70,000	27 Jan 2023	29 Sep 2023	245 Days
105 Harborne Road, Birmingham, West Midlands, B15 3HG	£1,500,000	£1,375,000	-£125,000	02 Mar 2023	20 Sep 2023	202 Days
78 Wellington Road, Edgbaston, Birmingham, West Midlands, B15 2ET	£795,000	£745,000	-£50,000	14 Nov 2022	20 Sep 2023	310 Days
Flat 32, Highpoint, Richmond Hill Road, Birmingham, West Midlands, B15 3RU	£225,000	£214,000	-£11,000	23 Mar 2023	04 Sep 2023	165 Days
52 Granville Square, Birmingham, West Midlands, B15 1UJ	£130,000	£127,000	-£3,000	13 Mar 2023	24 Aug 2023	164 Days
2 Harrisons Green, Birmingham, West Midlands, B15 3LH	£900,000	£890,000	-£10,000	14 Feb 2023	04 Aug 2023	171 Days
37 Lee Crescent, Birmingham, West Midlands, B15 2BJ	£499,950	£499,950	£00	23 May 2023	31 Jul 2023	69 Days
4 Malcolmson Close, Birmingham, West Midlands, B15 3LS	£700,000	£550,000	-£150,000	23 Feb 2023	16 Jun 2023	113 Days
9 Richmond Hill Gardens, Birmingham, West Midlands, B15 3RW	£799,995	£760,000	-£39,995	25 Nov 2022	08 Jun 2023	195 Days
8 Astonbury, Birmingham, West Midlands, B15 3QB	£925,000	£885,000	-£40,000	20 Oct 2022	02 Jun 2023	225 Days
Flat 29, Highpoint, Richmond Hill Road, Birmingham, West Midlands, B15 3RU	£260,000	£240,000	-£20,000	11 Apr 2023	15 May 2023	34 Days
30 Ryland Road, Edgbaston, Birmingham, West Midlands, B15 2BN	£625,000	£573,500	-£51,500	16 Sep 2022	05 May 2023	231 Days

Most Expensive Streets in B15 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B15 3QF	Westfield Road, Edgbaston	Birmingham	£1,673,333	3
B15 2JJ	Carpenter Road	Birmingham	£1,576,666	3
B15 3JF	Westfield Road, Edgbaston	Birmingham	£1,436,500	4
B15 3HG	Harborne Road	Birmingham	£1,436,000	3
B15 1JN	Frederick Road, Edgbaston	Birmingham	£1,180,000	3
B15 2QE	Birch Hollow	Birmingham	£997,500	3
B15 2ET	Wellington Road, Edgbaston	Birmingham	£919,000	5
B15 3QB	Astonbury	Birmingham	£914,998	3
B15 3QD	Norfolk Road, Edgbaston	Birmingham	£897,500	5
B15 3NJ	Augustus Road, Edgbaston	Birmingham	£881,666	3

Least Expensive Streets in B15 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B15 3US	West Point, Hermitage Road	Birmingham	£129,450	5
B15 3RL	Chadbrook Crest	Birmingham	£134,416	12
B15 2LH	Warwick Crest, Edgbaston	Birmingham	£144,375	4
B15 2DP	Cregoe Street	Birmingham	£151,750	4
B15 2EY	Mason Way	Birmingham	£152,500	4
B15 3RS	Highpoint, Richmond Hill Road	Birmingham	£157,333	6
B15 1HD	Roseland Way	Birmingham	£160,650	4
B15 2SS	Bullace Croft	Birmingham	£164,166	3
B15 3RT	Highpoint, Richmond Hill Road	Birmingham	£164,500	3
B15 2AL	Rickman Drive	Birmingham	£165,700	10