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House Prices on New Road, B45 - What You Need to Know
Step into the world of New Road in Birmingham, and explore how it compares to the local area and the entire Birmingham region.
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Associated Postcodes:
B45 9HU, B45 9HY, B45 9JA, ... + 11 more
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House Prices > Birmingham > B45 > New Road
Price Trends Along the Road
Quick Facts about Property Prices in New Road
- On New Road, 59 properties have been sold since 2021, with an average sale price of £288,400. The homes typically measure 905 square feet, resulting in a rate of £313 per square foot.
- On New Road, property sale prices have ranged from £75,500 to £1,710,000, with per-square-foot prices reflecting a span between £93 and £2,800.
- The last home run on New Road was clocked in May 2024.
Street Trends vs Area Data
New Road Costs vs Surrounding Areas Markets
By Locality
Rubery
Rubery homes lag New Road properties by 40% in cost typically. (£171,600 vs £288,400) As indicated, securing a property elsewhere in Rubery instead of New Road could decrease your total spend by £116,800.
By Sector
B45 9
Compared to the B45 9 sector, New Road properties demand 21% more on average. (£288,400 vs £226,600). Factoring in the averages, picking New Road could add about £61,800 to your purchase price.
By District
i.e. B45
Recent figures reveal that properties on New Road are priced, on average, 0% above those in the B45 district. (£288,400 vs £287,100). That means you could save £1,300 by choosing the B45 district instead of New Road.
By City or Town
i.e. Birmingham
The affordability gap between Birmingham and New Road sits at around 4%, favouring Birmingham. (£277,000 vs £288,400). As it stands, a like-for-like property on New Road may be tagged at £11,900 more than its Birmingham counterparts.
Quick Notes on the Road
Handy Useful Facts for New Road
- A total of 417 homes are found along this road, organised across 15 postcodes.
- Transaction data confirms that New Road has both newly built properties and resale homes.
- At present, homes on New Road have an average EPC rating of 56 (D) and may reach 72 (C) with improvements.
- The typical New Road property offers 905 square feet, 4% greater than Birmingham’s average footprint.
- On this road, turnover is more frequent with resales landing around 1 months rather than the longer 8.8 months elsewhere in B45.
Sector Secrets Shared
Behind the Numbers: Birmingham Property Insights
The Birmingham property scene is far from boring. These colourful, clear-eyed guides explore high-performing roads, eyebrow-raising price patterns and curious corner cases you might not expect.
Additionally, our House Prices in Birmingham page is the best place to track annual trends alongside type-based comparisons.
Nearby Places to Roam
B45 Area Overview
B45 in Birmingham presents an intriguing case for analysis, showing a stable housing market with gradual property value increases over recent years. Compared to some districts, B45 offers competitive pricing, making it an attractive option for families and first-time buyers. Local amenities and easy transport links play a role in maintaining its desirability. Careful monitoring of market movements is advised.
345
No. of Roads
3,373
No. of Transactions
£300K
Avg. Property Price
1,044
per sq/ft
Avg. Property Size
£265
per sq/ft
Avg. Cost Per Sq/Ft
Roads Worth a Visit
Other Roads Worth Checking Out
Popular Roads in B45
- Old Birmingham Road
- Ryde Park Road
- Leach Green Lane
- Cliff Rock Road
- Skylark Street
- Rednal Mill Drive
B45 Roads with Similar Prices
- Hackett Street
- Fairey Street
- Rednal Hill Lane
- Beacon Hill
- Hazel Road
- Newman Drive
Roads Near New Road
- Ashill Road
- Beoley Grove
- Callowbrook Lane
- Chaddersley Close
- Chapelfield Road
- Cheveley Avenue
