Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Birmingham, B43 current market prices

The price growth in Birmingham is lower than the national average, with the 2 year growth at 1.1 times the national average. Compared to other areas, B43 is a relatively inexpensive area, with an average price -44.7% lower than the national average. The average house price in Birmingham, B43 is £170,887 and the average rent is £916.

B43 Current Averages

Market characteristic B43 district National B43 against national
Average price £170,887 £308,989 -44.7%
Average rent £850 £916 -7.2%
Sales per month 16 8 (51,652 Total) +100%


B43 Growth trends

Growth rate B43 district National
2yr house growth -26.7% -24.3%
2yr CAGR -14.4% -13%
Last 12 months house price growth -29.8% -22.8%


B43 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £170,887 £243,493 £233,128 £859,583 View houses for sale in B43
Flats £0 £143,571 £118,042 £190,000 View flats for sale in B43
Detached £0 £431,100 £340,111 £625,000 View detached for sale in B43
Semi-detached £0 £266,140 £232,239 £256,250 View semi-detached for sale in B43
Terraced £0 £216,114 £214,643 £212,500 View terraced for sale in B43
Bungalows N/A N/A N/A N/A View bungalows for sale in B43

Type Historical Average Price
All properties to rent £1,081 View houses for rent in B43
Flats for rent £763 View flats for rent in B43
Detached for rent N/A View detached for rent in B43
Semi-detached for rent £1,400 View semi-detached for rent in B43
Terraced for rent N/A View terraced for rent in B43
Bungalows for rent N/A View bungalows for rent in B43



Current market notes

The data above illustrates the relative proportions different types of property in the B43 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all B43 sales since 1995. The growth trends table shows the change in average house price for the B43 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.