Local market reports › B area › B3
Birmingham city centre market report B3, Birmingham
The standing B3 (Birmingham city centre) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 2,859 sales registered with HM Land Registry in B3 (Birmingham) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in B3 (Birmingham) sold for £215,000 in 2026, the median of 19 registered sales, up 2% on five years earlier. The mean was £230,500, and by floor area homes here have averaged about £3,690 per square metre over the last five years. The figures cover 2,859 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
B3 is a postcode district covering Birmingham city centre, Colmore Row in Birmingham. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where B3 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.
B3 sold prices: where the market stands
19 sales were registered in B3 in 2026, and the middle one of them, the median, went for £215,000. The mean works out at £230,500, modestly above it, the usual shape of a market with an expensive tail.
Price per square metre in B3
Averaged across five years of sales, floor space in B3 costs about £3,690 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Against a national (England and Wales) median of £285,000, B3 runs 25% below it.
The price of a typical B3 home, 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 | £215,000 | £215,000 | 19 |
| 2025 | £200,000 | £204,783 | 68 |
| 2024 | £260,000 | £276,433 | 85 |
| 2023 | £235,000 | £258,208 | 61 |
| 2022 | £216,000 | £253,285 | 70 |
| 2021 | £210,000 | £265,887 | 73 |
| 2020 | £212,200 | £275,334 | 62 |
| 2019 | £211,200 | £276,833 | 142 |
| 2018 | £195,000 | £259,939 | 141 |
| 2017 | £207,500 | £283,009 | 105 |
| 2016 | £162,800 | £227,759 | 148 |
| 2015 | £156,000 | £220,428 | 131 |
| 2014 | £120,500 | £170,950 | 140 |
| 2013 | £125,000 | £179,863 | 73 |
| 2012 | £133,300 | £196,201 | 50 |
| 2011 | £139,000 | £209,837 | 81 |
| 2010 | £130,900 | £205,285 | 53 |
| 2009 | £140,500 | £225,855 | 62 |
| 2008 | £136,800 | £224,244 | 180 |
| 2007 | £140,200 | £237,818 | 148 |
| 2006 | £152,500 | £264,721 | 109 |
| 2005 | £153,500 | £273,168 | 91 |
| 2004 | £156,500 | £284,235 | 195 |
| 2003 | £156,400 | £288,127 | 160 |
| 2002 | £144,500 | £271,875 | 95 |
| 2001 | £132,000 | £253,763 | 77 |
| 2000 | £113,000 | £221,763 | 42 |
| 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 home went from £51,800 in 1995 to £215,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 91%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2003. 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 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 (−23.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 100% of the typed total.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Terraced | £500,000 (2019) | – | 6 |
| Flats | £215,000 | 19 | 2,819 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +7.5% | +5.0% |
| 5 years (since 2021) | +0.5% | −4.2% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +1.7% | −1.0% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in B3
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The last five years, month by month
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
B3 recorded 44 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 115 sales a year before the financial crisis and 61 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.
The shape of the B3 market
Only 44 sales completed here in the last twelve months of data, which makes B3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
What homes rent for around B3
For renting purposes B3 sits in Birmingham. The ONS average private rent there is £1,088 a month (May 2026). The spread runs from £821 a month for a typical one-bed to £1,563 at four-plus bedrooms, which is size doing most of the pricing.
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 £215,000 median sold price makes a gross yield of 6.1%. 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.
Asked and answered: B3 (Birmingham city centre)
Are property prices falling in B3 (Birmingham city centre)?
Is B3 (Birmingham city centre) a good place to buy a house?
How much did a house sell for in B3 (Birmingham city centre)?
Are B3 prices heading up or down?
The record answers a different question than "what happens next": the median is roughly flat over five years in cash but down 19% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
B3's current homes for sale
Everything above is what homes in B3 sold for. Turning to what is actually available: 59 homes on the market right now, from 8 agents publishing to HomesIndex, at a typical asking price 7% below the B3 median sold price.
42% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- 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.
Moving up a bedroom in B: the cost
Real sold prices by size across the B area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
B3 ranks 62 of 76 in the B area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the B area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside B3, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| B3 1 | £217,500 | 16 |
| B3 2 | £144,000 | 2 |
How B3 compares nearby
Same city, different markets. The dearest districts of the B area, and B3 itself, which ranks 55 of 76 by median price:
| District | Median | 5-year |
|---|---|---|
| B94 | £615,000 | +7% |
| B93 | £560,000 | +11% |
| B91 | £490,000 | +14% |
| B95 | £442,500 | +11% |
| B72 | £400,000 | +17% |
| B74 | £397,500 | +5% |
| B47 | £373,000 | +10% |
| B75 | £363,800 | +4% |
| B73 | £350,000 | +1% |
| B76 | £350,000 | +17% |
| B80 | £347,500 | +24% |
| B17 | £347,000 | +7% |
| B96 | £347,000 | -4% |
| B48 | £340,000 | -9% |
| B60 | £340,000 | +6% |
| B90 | £335,000 | +4% |
| B50 | £325,000 | -1% |
| B49 | £312,500 | -5% |
| B92 | £310,000 | +11% |
| B28 | £300,000 | +12% |
| B61 | £295,000 | +13% |
| B62 | £285,000 | +15% |
| B46 | £279,500 | +4% |
| B3 (this report) | £215,000 | +2% |
Before you sell in B3: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at B3's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim B3.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to B3. Free after a one click sign in.
See every individual B3 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.