House prices in B31 3 (Birmingham)

This article reveals price per square metre data and various charts to help you understand current housing market in 'B31 3' (Birmingham) - statistics were last calculated on 30 August 2024.

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Defining 'B31 3'

This analysis is limited to properties whose postcode starts with "B31 3", 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.

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Change sector

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

Price per square metre

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

£ per sqm = price ÷ internal area

E.g. 47, Sir Hiltons Road, Birmingham, sold for £177,750 on Jun-2024. Given the internal area of 116 square metres, the price per sqm is £1,532.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 174 sales in Birmingham (B31 3) that took place in the last two years.

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 (B31 3). Of the 174 transactions, half were sold for between £2,300 and £3,050 per square metre. The median, or 'middle', price per square metre in 'B31 3' is £2,680. Notably, only 25% of properties that sold recently were valued at more than £3,050 sqm. 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.

House price heatmap for Birmingham

Comparison with neighbouring postcode sectors

The table below shows how 'B31 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B31 3 Birmingham	£2,300 sqm	£2,680 sqm	£3,050 sqm
B31 4 Birmingham	£2,290 sqm	£2,920 sqm	£3,210 sqm
B31 5 Northfield	£2,540 sqm	£2,900 sqm	£3,240 sqm
B31 1 Birmingham	£2,350 sqm	£2,820 sqm	£3,060 sqm
B31 2 Northfield	£2,360 sqm	£2,940 sqm	£3,520 sqm

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 B31 3 (Birmingham) compared with both the wider area B31 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 £sqm	Recent sales
Sir Hiltons Road, Birmingham, B31 3N	76 sqm	£2,500	23
Alvechurch Road, Birmingham, B31 3P	77 sqm	£2,633	19
Rea Valley Drive, Birmingham, B31 3X	67 sqm	£3,193	17
Gibbs Hill Road, Birmingham, B31 3N	91 sqm	£2,507	14
Westminster Place, Birmingham, B31 3P	72 sqm	£2,235	13
Wychall Road, Birmingham, B31 3A	95 sqm	£3,258	13
Middlemore Road, Birmingham, B31 3U	92 sqm	£2,578	12
Condover Road, Birmingham, B31 3Q	72 sqm	£2,117	11

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	sqm	£/sqm
47, Sir Hiltons Rd, Birmingham	£177,750 Jun-2024	116	1,532
Flat 7 87, Redhill Rd, Birmingham	£167,500 Jun-2024	80	2,093
33, Wychall Rd, Birmingham	£400,000 Jun-2024	122	3,278

See the entire list of all sales in Birmingham (B31 3) here.