Birmingham Property Market Analysis 2024

Expert market insights, price trends and investment opportunities from Birmingham's leading property valuers

By Sarah Mitchell, MRICS
December 18, 2024
10 min read
Birmingham House Prices Chart
£243k

Average House Price

+5.2% YoY
47 days

Average Time to Sell

-3 days
96.8%

Sale Price vs Asking

+1.1%
4.8%

Gross Rental Yield

Stable

Key Market Insights Q4 2024

  • • Birmingham house prices have grown 5.2% year-on-year, outperforming the national average of 3.8%
  • • City center apartment prices increased 8.1%, driven by regeneration projects and improved transport links
  • • Sutton Coldfield remains the premium market with average prices of £425,000
  • • First-time buyer activity increased 12% due to Birmingham's relatively affordable entry points
Sarah Mitchell MRICS

Sarah Mitchell, MRICS

Senior Valuation Surveyor & Market Analyst

Sarah has 18 years experience in Birmingham property valuation and market analysis. She holds an MSc in Real Estate and is a registered valuer with extensive expertise in residential and commercial markets across the West Midlands. Sarah regularly contributes to property market reports and appears as an expert commentator for regional media.

Detailed Area Analysis

Birmingham Property Price Map

Premium Areas (£400k+)

Sutton Coldfield
£425,000
+4.8%
Edgbaston
£390,000
+6.2%
Harborne
£365,000
+5.5%

Growth Areas (£200k-350k)

Moseley
£315,000
+7.8%
Kings Heath
£285,000
+8.2%
Jewellery Quarter
£275,000
+9.1%

Professional Property Valuation Services

Need an accurate property valuation for your Birmingham property? Our RICS qualified valuers provide comprehensive reports for all purposes.