House Prices > Birmingham > B31
Year | Average Price | Transactions |
---|---|---|
2025 (proj.) | £244,500 | 893 |
2024 | £234,800 | 640 |
2023 | £228,500 | 771 |
2022 | £224,900 | 1,016 |
2021 | £211,300 | 1,001 |
2020 | £189,700 | 834 |
2019 | £189,800 | 990 |
2018 | £184,600 | 1,000 |
In the Birmingham suburb of B31, property prices have shown what could be perceived as an upward trend, with the average house price climbing from approximately £184,600 in 2018 to a projected £244,500 by 2025. However, is this truly a straightforward success story?
Various local specifics might paint a different picture:
What is affecting the broader picture here?
In essence, while B31's market appears to rise in value, caution is warranted. This might be a space impacted by more than meets the eye—one should tread carefully, balancing optimism with a critical eye on the underlying market dynamics.
Avg. Property Price: 324K
Avg. Size of Property
1,080 sq/ft
Avg. Cost Per Sq/ft
£299 sq/ft
Total transactions
181 (since 2021)
Avg. Property Price: 239K
Avg. Size of Property
918 sq/ft
Avg. Cost Per Sq/ft
£262 sq/ft
Total transactions
1,116 (since 2021)
Avg. Property Price: 191K
Avg. Size of Property
817 sq/ft
Avg. Cost Per Sq/ft
£238 sq/ft
Total transactions
956 (since 2021)
Avg. Property Price: 168K
Avg. Size of Property
630 sq/ft
Avg. Cost Per Sq/ft
£266 sq/ft
Total transactions
253 (since 2021)
Blink and you might miss it: homes in B31, Birmingham, are bustling with activity, showing a highly varied market. Each property type, from charming *flats* to spacious **detached houses**, offers unique advantages and challenges to buyers.
Detached properties are the epitome of quiet luxury. With an average price of £323,700 and a generous space of 1,080 sq/ft, these homes rank at the top in size and price. Buyers investing in these homes pay a £300 per sq/ft, snagging the comfort of spacious living with the *serenity* not found in more centralized settings. Although only 181 transactions were recorded since 2021, implying exclusivity and demand for privacy.
Now, consider flats. Averaging a price of £168,200 with 630 sq/ft, they present a different proposition entirely, perfect for first-time buyers and investors alike. With £270 per sq/ft, flats offer a manageable entry point into property ownership. Recorded 253 transactions since 2021, showing their popularity among those prioritizing affordability and compact living.
Semi-detached and terraced homes are equally thriving. Their market footprint is noticeable, with respectively 1,116 and 956 transactions. Semi-detached properties are priced at £238,700 for 920 sq/ft. Terraced homes, albeit smaller, offer 820 sq/ft of living space at £191,000. Whether catalysed by family growth or urban living, both options provide significant choices to prospective buyers, wrapping affordability with desirable square footage.
Our valuations are powered by real figures and shaped by thoughtful recalibration, not generic guesswork. Have a look at our valuation flow
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