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House Prices in B18

The average house price in B18 (Birmingham) is £162,250 using HM Land Registry data.

The average property price decreased by £15,822 (-26.65%) over the last 5 years and decreased by £3,163 (-4%) over the last 12 months.

Over the last year, there were 64 residential property sales – a decrease of 31 transactions (-48.44%) relative to the previous year. The majority of house sales (14) were in the £118,000 - £146,000 range. Then came properties in the £146,000 - £174,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 32 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,250 (-3%).

In June 2024, there were 23 new estate agency instructions, 14 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in B18 (Birmingham)

26.65%

Property prices in Birmingham increased by 26.65% 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 B18 (Birmingham) Over the Last Year

Property prices in Birmingham increased by 4% 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 B18 (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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 B18 (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 B18 (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 B18 (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 B18 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B18 postcode area since 1995.

Recent Sales in B18 (Birmingham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
123 James Turner Street, Birmingham, West Midlands, B18 4ND	£135,000	£100,000	-£35,000	17 Jul 2023	16 Apr 2024	274 Days
71 Ellen Street, Birmingham, West Midlands, B18 7LE	£200,000	£180,000	-£20,000	26 May 2023	15 Mar 2024	294 Days
148 Markby Road, Birmingham, West Midlands, B18 4PN	£164,950	£150,000	-£14,950	18 Aug 2023	29 Feb 2024	195 Days
1 Bond Square, Birmingham, West Midlands, B18 7HE	£89,000	£89,000	£00	05 Sep 2023	23 Feb 2024	171 Days
154 South Road, Hockley, Birmingham, West Midlands, B18 5LE	£250,000	£230,000	-£20,000	06 Oct 2023	15 Jan 2024	101 Days
67 Peel Street, Birmingham, West Midlands, B18 7DX	£82,000	£80,000	-£2,000	05 Jul 2023	18 Dec 2023	166 Days
80 Preston Road, Hockley, Birmingham, West Midlands, B18 4PJ	£150,000	£148,000	-£2,000	18 Jul 2023	08 Dec 2023	143 Days
27 Park Avenue, Hockley, Birmingham, West Midlands, B18 5ND	£50,000	£48,000	-£2,000	19 May 2023	10 Nov 2023	175 Days
34 Chiswell Road, Birmingham, West Midlands, B18 4DW	£170,000	£168,000	-£2,000	26 Oct 2023	06 Nov 2023	11 Days
Apartment 16, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands, B18 6JP	£150,000	£147,500	-£2,500	13 Apr 2023	25 Sep 2023	165 Days
46 Perrott Street, Birmingham, West Midlands, B18 4NB	£150,000	£139,000	-£11,000	15 Jun 2023	08 Sep 2023	85 Days
395 Lodge Road, Hockley, Birmingham, West Midlands, B18 5PW	£200,000	£125,000	-£75,000	21 Jun 2013	09 Aug 2023	3701 Days
30 Benson Road, Hockley, Birmingham, West Midlands, B18 5EB	£230,000	£220,000	-£10,000	09 Feb 2023	04 Aug 2023	176 Days
5 Warstone Parade East, Birmingham, West Midlands, B18 6NR	£550,000	£535,000	-£15,000	27 Mar 2023	28 Jul 2023	123 Days
48 Hurdlow Avenue, Birmingham, West Midlands, B18 5QQ	£220,000	£205,000	-£15,000	08 Mar 2023	27 Jul 2023	141 Days
115 Willes Road, Birmingham, West Midlands, B18 4QA	£110,000	£70,000	-£40,000	27 Feb 2019	30 Jun 2023	1584 Days
17 Spring Grove Gardens, Birmingham, West Midlands, B18 5DQ	£150,000	£145,000	-£5,000	14 Nov 2022	23 Jun 2023	221 Days
33 Herne Close, Birmingham, West Midlands, B18 7PS	£180,000	£175,000	-£5,000	09 Jan 2023	17 Apr 2023	98 Days
71 Cuthbert Road, Birmingham, West Midlands, B18 4AH	£335,000	£321,105	-£13,895	26 Jul 2022	04 Apr 2023	252 Days
9 Foster Gardens, Birmingham, West Midlands, B18 5DJ	£165,000	£165,000	£00	06 Dec 2022	22 Feb 2023	78 Days

Most Expensive Streets in B18 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B18 6NY	Pemberton Street	Birmingham	£488,875	4
B18 6NR	Warstone Parade East	Birmingham	£413,500	6
B18 6AQ	Great Hampton Street	Birmingham	£371,400	5
B18 6EU	Great Hampton Street	Birmingham	£284,607	14
B18 6BG	Branston Street, Hockley	Birmingham	£280,666	3
B18 6HU	Warstone Lane	Birmingham	£278,431	8
B18 5LE	South Road, Hockley	Birmingham	£258,333	3
B18 6BF	Branston Street, Hockley	Birmingham	£232,625	6
B18 6PG	Metalworks, Warstone Lane	Birmingham	£229,166	6
B18 6BY	Hall Street	Birmingham	£223,750	4

Least Expensive Streets in B18 (Birmingham)

Postcode	Street	Area	Average	No. of Sales
B18 5DG	Talbot Street	Birmingham	£74,250	4
B18 5ND	Park Avenue, Hockley	Birmingham	£82,000	4
B18 4RG	Kirby Road, Winson Green	Birmingham	£94,800	5
B18 4PL	Preston Road, Hockley	Birmingham	£101,000	7
B18 4DJ	Wood Green Road	Birmingham	£102,625	4
B18 4QA	Willes Road	Birmingham	£105,000	3
B18 4LZ	Perrott Street	Birmingham	£105,142	7
B18 4PJ	Preston Road, Hockley	Birmingham	£111,000	8
B18 4NQ	Eva Road	Birmingham	£112,166	3
B18 4PZ	Willes Road	Birmingham	£117,325	6