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

Birmingham, B37 current market prices

The price growth in Birmingham is lower than the national average, with the 2 year growth at 0.1 times the national average. Compared to other areas, B37 is a relatively inexpensive area, with an average price -41.5% lower than the national average. The average house price in Birmingham, B37 is £213,747 and the average rent is £916.

B37 Current Averages

Market characteristic B37 district National B37 against national
Average price £213,747 £365,598 -41.5%
Average rent £729 £916 -20.4%
Sales per month 29 14 (102,880 Total) +107.1%

B37 Growth trends

Growth rate B37 district National
2yr house growth 1% 10.1%
2yr CAGR 0.5% 4.9%
Last 12 months house price growth 8.6% 7.1%

B37 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £213,747 £196,863 £211,621 £215,651 View houses for sale in B37
Flats £117,000 £110,045 £111,763 £106,600 View flats for sale in B37
Detached £280,000 £313,333 £337,946 £434,918 View detached for sale in B37
Semi-detached £185,667 £215,432 £195,765 £229,149 View semi-detached for sale in B37
Terraced £198,667 £158,655 £171,535 £168,321 View terraced for sale in B37
Bungalows N/A N/A N/A £240,000 View bungalows for sale in B37

Type Historical Average Price
All properties to rent £799 View houses for rent in B37
Flats for rent £691 View flats for rent in B37
Detached for rent £1,263 View detached for rent in B37
Semi-detached for rent £869 View semi-detached for rent in B37
Terraced for rent £819 View terraced for rent in B37
Bungalows for rent £950 View bungalows for rent in B37

Current market notes

The data above illustrates the relative proportions different types of property in the B37 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 B37 sales since 1995. The growth trends table shows the change in average house price for the B37 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.