House prices in B23 7 (Birmingham)

This article reveals price per square foot data and various charts to help you understand current housing market in 'B23 7' (Birmingham) - statistics were last calculated on 30 August 2024.


Defining 'B23 7'

This analysis is limited to properties whose postcode starts with "B23 7", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Birmingham.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Birmingham is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 66, North Park Road, Birmingham, sold for £48,000 on Jul-2024. Given the internal area of 893 square feet, the price per sqft is £53.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £176-£185, £185-£195, £195-£204 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 250 sales in Birmingham (B23 7) that took place in the last two years.

Distribution of £ per sqft for Birmingham
Distribution of £ per sqft house prices in Birmingham

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Birmingham (B23 7). Of the 250 transactions, half were sold for between £169 and £235 per square foot. The median, or 'middle', price per square foot in 'B23 7' is £196. Notably, only 25% of properties that sold recently were valued at more than £235 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Birmingham

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Birmingham. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Birmingham
House price heatmap for Birmingham

Comparison with neighbouring postcode sectors

The table below shows how 'B23 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B23 6 Erdington £175 sqft £202 sqft £225 sqft
B23 7 Birmingham £169 sqft £196 sqft £235 sqft
B23 5 Birmingham £209 sqft £248 sqft £293 sqft

Will Birmingham house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for B23 7 (Birmingham) compared with both the wider area B23 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Birmingham,Birmingham
House price trends for Birmingham

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent B23 7 sales
Recent trends for Birmingham

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Birmingham to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Birmingham and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqft Recent sales
Ivyfield Road, Birmingham, B23 7H 645 sqft £189 31
Perry Common Road, Birmingham, B23 7A 893 sqft £206 23
Woolmore Road, Birmingham, B23 7E 893 sqft £232 18
Alwynn Walk, Birmingham, B23 7F 656 sqft £159 17
North Park Road, Birmingham, B23 7Y 678 sqft £165 16
Hillaries Road, Birmingham, B23 7Q 0 sqft £154 15
George Road, Birmingham, B23 7S 0 sqft £182 14
The Ridgeway, Birmingham, B23 7T 904 sqft £183 14

Search for your street here.

Raw data

Our analysis of Birmingham is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqft £/sqft
66, North Park Rd, Birmingham £48,000
Jul-2024
893 53
39, Rosary Rd, Birmingham £130,000
Jul-2024
775 167
106, Neville Rd, Birmingham £160,000
Jul-2024
807 198

See the entire list of all sales in Birmingham (B23 7) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.