House Prices in B38 House Prices in B38 (Birmingham)

The average house price in B38 (Birmingham) is £294,500 using HM Land Registry data.

The average property price increased by £53,072 (35.19%) over the last 5 years and increased by £10,631 (5%) over the last 12 months.

Over the last year, there were 190 residential property sales – a decrease of 38 transactions (-20.00%) relative to the previous year. The majority of house sales (58) were in the £184,000 - £248,000 range. Then came properties in the £120,000 - £184,000 range, where 40 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 £-7,406 (-2%).

In January 2025, there were 26 new estate agency instructions, 29 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in B38 (Birmingham)

35.19%

Property prices in B38 (Birmingham) increased by 35.19% 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 B38 (Birmingham) Over the Last Year

5%

Property prices in B38 (Birmingham) increased by 5% 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 B38 (Birmingham) - January 2025

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 B38 (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 B38 (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 B38 (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 B38 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B38 postcode area since 1995.

Recent Sales in B38 (Birmingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Old Lime Gardens, Birmingham, West Midlands, B38 9SG£195,000£185,000-£10,00015 May 202416 Dec 2024215 Days
55 Grange Farm Drive, Birmingham, West Midlands, B38 8EG£200,000£192,500-£7,50010 Sep 202429 Nov 202480 Days
33 Aversley Road, Birmingham, West Midlands, B38 8PD£299,950£290,000-£9,95022 Apr 202426 Nov 2024218 Days
16 Calverley Road, Kings Norton, Birmingham, West Midlands, B38 8PW£289,950£287,500-£2,45020 Aug 202419 Nov 202491 Days
25 Vardon Way, Birmingham, West Midlands, B38 8YG£200,000£196,000-£4,00025 Nov 202315 Nov 2024356 Days
6 Nearhill Road, Birmingham, West Midlands, B38 8LD£190,000£185,000-£5,00020 Mar 202401 Nov 2024226 Days
25 Portrush Avenue, Birmingham, West Midlands, B38 8XZ£200,000£195,000-£5,00022 Jun 202425 Oct 2024125 Days
445 Rednal Road, Birmingham, West Midlands, B38 8HP£210,000£200,000-£10,00012 Apr 202424 Oct 2024195 Days
83 Lanchester Road, Birmingham, West Midlands, B38 9AG£220,000£215,000-£5,00018 Oct 202418 Oct 20240 Days
East Worcestershire Farm House, Icknield Street, Kings Norton, Birmingham, Worcestershire, B38 0EP£1,000,000£945,000-£55,00028 Mar 202403 Oct 2024189 Days
22 Crabmill Close, Birmingham, West Midlands, B38 9RT£210,000£200,000-£10,00005 Mar 202427 Sep 2024206 Days
17 Calverley Road, Kings Norton, Birmingham, West Midlands, B38 8PW£375,000£375,000£007 Jun 202427 Sep 2024112 Days
112 Wychall Lane, Birmingham, West Midlands, B38 8AN£360,000£360,000£014 May 202426 Sep 2024135 Days
16 Vista Green, Birmingham, West Midlands, B38 9PD£250,000£250,000£020 Mar 202423 Sep 2024187 Days
39 Dornie Drive, Birmingham, West Midlands, B38 9DY£86,000£81,500-£4,50019 Oct 202313 Sep 2024330 Days
16 Mullion Croft, Birmingham, West Midlands, B38 8PH£139,950£100,000-£39,95018 Jun 201123 Aug 20244815 Days
32 Mullion Croft, Birmingham, West Midlands, B38 8PH£300,000£292,500-£7,50015 Jan 202420 Aug 2024218 Days
39 Grassmoor Road, Birmingham, West Midlands, B38 8BX£625,000£610,000-£15,00005 Apr 202422 Jul 2024108 Days
109 Old Oak Road, Birmingham, West Midlands, B38 9AL£200,000£180,000-£20,00015 Apr 202412 Jul 202488 Days
51 Pinewall Avenue, Birmingham, West Midlands, B38 9AE£200,000£185,000-£15,00023 Jan 202412 Jul 2024171 Days

Most Expensive Streets in B38 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B38 8BJBeaks Hill RoadBirmingham£758,7504
B38 8BTHazelbankBirmingham£746,6663
B38 8TGWesthill RoadBirmingham£653,3333
B38 8BXGrassmoor RoadBirmingham£631,6663
B38 9ELRedhill Road, Kings NortonBirmingham£548,6663
B38 8TAWychall LaneBirmingham£499,0003
B38 9EDForhill House, Lea End LaneBirmingham£469,3254
B38 8DTRednal RoadBirmingham£416,7005
B38 8SAKingshill DriveBirmingham£398,1357
B38 8EARednal RoadBirmingham£391,1005

Least Expensive Streets in B38 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B38 8NEBlossomfield Court, Blossomfield CloseBirmingham£73,35010
B38 9DYDornie DriveBirmingham£79,0006
B38 9HRGildas AvenueBirmingham£91,2504
B38 8RHRedditch Road, Kings NortonBirmingham£109,38618
B38 0AHLeydon CroftBirmingham£110,1005
B38 9NYLazy HillBirmingham£119,0004
B38 8THPinehurst DriveBirmingham£123,8005
B38 8QYWoodleigh Court, Redditch RoadBirmingham£125,1005
B38 9QXMarjoram CloseBirmingham£128,4005
B38 9DZDornie DriveBirmingham£128,8927

Explore B38 (Birmingham) using map