Welcome to the vibrant city of Birmingham, where life is as lively as its buzzing nightlife and as promising as its fantastic schools. Birmingham isn't just a city; it's a place where opportunities flourish, work thrives, and success finds its home. And let's not forget the iconic Bullring shopping centre, a shopaholic's paradise!
Now, let's delve into the numbers – because who doesn't love a good statistical adventure? From 2010 to 2019, a whopping 223,323 houses found new owners, according to the Land Registry's treasure trove of data. That's a lot of keys changing hands and dreams finding their addresses.
But wait, there's more! This article is your guide to deciphering the intricate dance of house prices in Birmingham. We're not just talking about price brackets; we're unlocking the secrets of each postcode area's transient nature. Which areas are like bustling hubs of real estate activity, witnessing the most house sales? It's time to unveil the trends that shape the city's ever-changing property landscape. So, fasten your seatbelts, aspiring Birmingham residents – we're about to embark on a journey through the fascinating world of Brum's housing market!
Birmingham house price data by price bracket
Chart of Birmingham house sales price data for years 2010-2019
At the start of the decade, in the first quarter of 2010 house sales started well but not high with 17861, this may be due to the economy collapse.
The highest year of house sales was 2013 with a total of 3195, which was closely followed by 2014 with a total of 3012.
The highest year of house sales was 2012 with a total of 24544 of which was closely followed by 2013 with 20486.
At the start of the decade in 2010, the lower end of the property market sold for less than ‚£100,000, which was the decade that the most houses sold for at 3796. At the end of the decade, this margin of the property market remained to be the highest bracket of which had the most houses sold with a total of 31113.
The house price bracket that came in second was between £150,000 and ‚£200,000 with a total of 49578 houses being sold in 2019. This bracket had one of the largest increases in the number of houses being sold as at the start of the decade there were only 3650 houses sold, which may have been due to the recession, causing house market uncertainty.
On the more expensive houses sales in Birmingham, 38 houses sold for ‚£1 million or over in 2010. At the end of the decade houses that sold for 1M+ were 115, in the first quarter of 2019, 35 houses sold in that bracket which is nearly the total houses sold overall in 2010.
Birmingham house price data by postcode area
Chart of Birmingham house price data by post code for years 2010-2019
In terms of the volume of house sales in a postcode district, the B91 postcode district which represents Solihull was overall the area with the highest number of house sales which was 6591 over the decade between 2010 and 2019.
Birmingham has a high amount of postcode districts with a grand total of 76.
Other postcode areas within Birmingham followed closely behind B32, which covers Woodgate, Bartley Green, Quinton with 5217 houses sold over the decade.
Real time Birmingham house price information
If you are interested, you can see what the current selling prices for different types of houses & flats for sale in Birmingham are here on the Propertyheads website, including 4 bedroom houses to buy, 1 bedroom flats for sale and also flats and houses to rent.
We also have a number of Birmingham estate agents who are available to chat through your property needs using our innovative messaging facility.
Added: July 31, 2020 08:09:18
