Feb 07, 2023 by HM

House prices in Birmingham (B33 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Birmingham (B33 0).

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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. 15, Yockleton Road, Birmingham, sold for £14,400 on Oct-2023. Given the internal area of 60 square metres, the price per sqm is £240.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 162 sales in Birmingham (B33 0) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Birmingham (B33 0). Of the 162 transactions, half were sold for between £2,110 and £2,700 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,700m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'B33 0' is £2,440. The table below shows how 'B33 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B33 8 Stechford	£2,040m2	£2,400m2	£2,760m2
B33 0 Birmingham	£2,110m2	£2,440m2	£2,700m2
B33 9 Birmingham	£2,220m2	£2,590m2	£2,930m2

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 scatter plot below for B33 0 (Birmingham). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for B33 0 and the blue dots are the individual property sales that inform this trend.

Disclaimer: 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Birmingham data or any other data I am given.

Price map for Birmingham

I've just finished coding the map I link to below. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Birmingham

Street level data

Street	Avg size	Avg £/m2	Recent sales
Tile Cross Road, Birmingham, B33 0L	78m2	£2,395	17
Goldstar Way, Birmingham, B33 0Y	56m2	£2,476	14
Garretts Green Lane, Birmingham, B33 0T	91m2	£1,939	13
Mulwych Road, Birmingham, B33 0B	82m2	£1,851	12
Clopton Road, Birmingham, B33 0R	81m2	£1,893	12
Hazeldene Road, Birmingham, B33 0Q	74m2	£1,845	11
Hollyfaste Road, Birmingham, B33 0U	89m2	£2,362	11
East Meadway, Birmingham, B33 0E	84m2	£2,041	10

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	m2	£/m2
15, Yockleton Rd, Birmingham	£14,400 Oct-2023	60	240
52, Willaston Rd, Birmingham	£198,000 Sep-2023	80	2,475
32, Dorncliffe Avenue, Birmingham	£282,000 Sep-2023	96	2,937

See the entire list of all sales in Birmingham (B33 0) here.