Local market reports › B area › B3 › B3 1
Birmingham city centre market report B3 1, Birmingham
The B3 1 (Birmingham city centre) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 2,639 registered sales in B3 1 (Birmingham) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical B3 1 (Birmingham) home changed hands for £217,500 in 2026 (median of 16 registered sales, up 4% on five years earlier), with the mean at £239,200, and by floor area homes here have averaged about £3,710 per square metre over the last five years. Source: 2,639 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
B3 1 is one sector of B3 (Birmingham): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where B3 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in B3 1
Across 16 registered 2026 sales, the typical (median) B3 1 home went for £217,500. The mean is £239,200, somewhat above it, as happens wherever a market carries an expensive tail.
House prices per square metre in B3 1
The last five years of sales put B3 1 at roughly £3,710 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Against a national (England and Wales) median of £285,000, B3 1 runs 24% below it.
A typical B3 1 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £217,500 | £217,500 | 16 |
| 2025 | £201,200 | £206,011 | 66 |
| 2024 | £260,000 | £276,433 | 85 |
| 2023 | £235,000 | £258,208 | 59 |
| 2022 | £218,000 | £255,630 | 65 |
| 2021 | £210,000 | £265,887 | 66 |
| 2020 | £212,500 | £275,723 | 53 |
| 2019 | £210,000 | £275,260 | 93 |
| 2018 | £195,000 | £259,939 | 124 |
| 2017 | £185,000 | £252,321 | 88 |
| 2016 | £162,200 | £226,919 | 134 |
| 2015 | £158,000 | £223,254 | 123 |
| 2014 | £134,600 | £190,954 | 110 |
| 2013 | £126,200 | £181,589 | 72 |
| 2012 | £133,300 | £196,201 | 50 |
| 2011 | £139,000 | £209,837 | 79 |
| 2010 | £130,900 | £205,285 | 53 |
| 2009 | £140,500 | £225,855 | 62 |
| 2008 | £138,600 | £227,195 | 179 |
| 2007 | £140,100 | £237,649 | 143 |
| 2006 | £151,200 | £262,464 | 104 |
| 2005 | £154,000 | £274,058 | 86 |
| 2004 | £160,000 | £290,591 | 187 |
| 2003 | £156,800 | £288,864 | 159 |
| 2002 | £145,800 | £274,321 | 82 |
| 2001 | £135,000 | £259,531 | 63 |
| 2000 | £110,500 | £216,856 | 40 |
| 1999 | £103,000 | £205,274 | 86 |
| 1998 | £67,000 | £135,244 | 53 |
| 1997 | £53,500 | £109,718 | 32 |
| 1996 | £59,000 | £124,428 | 15 |
| 1995 | £51,800 | £112,605 | 12 |
In cash terms the typical B3 1 home went from £51,800 in 1995 to £217,500 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 93%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2004. The market now sits about 25% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the B3 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1999 (+53.7% on the year before); the weakest, 2025 (−22.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +8.1% | +5.6% |
| 5 years (since 2021) | +0.7% | −3.9% |
| 10 years (since 2016) | +3.0% | −0.4% |
| 20 years (since 2006) | +1.8% | −0.9% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in B3 1
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
B3 1 recorded 16 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 108 sales a year before the financial crisis and 58 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Reading the B3 1 market
This is a thin market: 16 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
The rental side of B3 1
B3 1 falls under Birmingham, where the ONS puts the average private rent at £1,088 a month (May 2026 figures). A one-bed averages £821 a month here and a four-or-more-bed £1,563, so size does most of the work in setting the rent.
Average monthly rent by size, Birmingham
ONS Price Index of Private Rents, May 2026.
£1,088 a month is £13,056 a year, which against the £217,500 median sold price makes a gross yield of 6.0%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
B3 1 (Birmingham city centre): the questions that come up
Are property prices falling in B3 1 (Birmingham city centre)?
Is B3 1 (Birmingham city centre) a good place to buy a house?
How much did a house sell for in B3 1 (Birmingham city centre)?
Will B3 1 prices rise from here?
The record answers a different question than "what happens next": the median is up 4% over five years in cash but down 18% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in B3 today
The live side of the market holds 59 homes at the moment, listed by 8 agents publishing to HomesIndex.
These cover the whole B3 district, not just B3 1: live asking prices are collected per district.
42% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Heritage Court, 15 Warstone Lane, Birmingham, West Midlands, B18 6HU
- Islington Gates, Birmingham
- Newhall Street, Birmingham, West Midl...
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every B3 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in B
What homes of each size actually sold for across the B area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £306,000 | £425,000 (+39%) | £665,000 (+56%) | £950,000 (+43%) |
| Semi-detached | £210,000 | £240,000 (+14%) | £300,000 (+25%) | £418,250 (+39%) | £535,000 (+28%) |
| Terraced | £187,500 | £200,000 (+7%) | £235,000 (+18%) | £315,000 (+34%) | £397,000 (+26%) |
| Flat | £130,000 | £179,500 (+38%) | £299,000 (+67%) | £500,000 (+67%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the B area is the point: the same five years treated these districts very differently.
Winners and losers across the B area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in B3
Sector boundaries hide real price steps. The rest of B3, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| B3 2 | £144,000 | 2 |
Zoom out to the full B3 district report for the type split, monthly volumes and how B3 compares with its neighbours.
Selling a home in B3 1? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in B3 1, use the average prices map for a rough value: zoom from B3 1's shading down to the sold homes on your own street. The figures above are every recorded B3 1 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim B3 1.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to B3 1. Free after a one click sign in.
See every individual B3 1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.