Local market reports › B area › B45 › B45 8
Rednal market report B45 8, Birmingham
The standing B45 8 (Rednal) property market report, rebuilt from the full public record every month. The raw material for this page is 6,610 HM Land Registry entries for B45 8 (Birmingham), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for B45 8 (Birmingham) is £288,000, from 75 registered sales, up 8% on five years earlier; the mean is £353,900, and by floor area homes here have averaged about £3,600 per square metre over the last five years. Behind the figures sit 6,610 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
B45 8 is one sector of B45 (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 B45 8 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.
B45 8 sold prices: where the market stands
The B45 8 median stands at £288,000 for 2026, built from 75 registered sales; the mean, the figure usually quoted as the "average house price", is £353,900, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
B45 8 prices by floor area
Per square metre, B45 8 homes have averaged around £3,600 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Against a national (England and Wales) median of £285,000, B45 8 runs 1% above it.
B45 8's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £288,000 | £288,000 | 75 |
| 2025 | £320,000 | £327,652 | 181 |
| 2024 | £360,000 | £382,754 | 185 |
| 2023 | £355,000 | £390,058 | 178 |
| 2022 | £346,500 | £406,311 | 228 |
| 2021 | £267,200 | £338,310 | 232 |
| 2020 | £339,500 | £440,508 | 208 |
| 2019 | £285,000 | £373,567 | 255 |
| 2018 | £300,000 | £399,906 | 247 |
| 2017 | £283,000 | £385,984 | 219 |
| 2016 | £262,800 | £367,660 | 226 |
| 2015 | £243,000 | £343,359 | 261 |
| 2014 | £235,000 | £333,389 | 284 |
| 2013 | £193,500 | £278,427 | 216 |
| 2012 | £172,500 | £253,898 | 178 |
| 2011 | £165,000 | £249,087 | 143 |
| 2010 | £176,500 | £276,797 | 106 |
| 2009 | £220,000 | £353,652 | 114 |
| 2008 | £152,500 | £249,980 | 118 |
| 2007 | £155,000 | £262,923 | 215 |
| 2006 | £174,500 | £302,910 | 232 |
| 2005 | £146,000 | £259,821 | 176 |
| 2004 | £126,000 | £228,841 | 246 |
| 2003 | £111,000 | £204,489 | 218 |
| 2002 | £90,500 | £170,275 | 269 |
| 2001 | £92,000 | £176,865 | 234 |
| 2000 | £73,000 | £143,263 | 252 |
| 1999 | £80,000 | £159,436 | 283 |
| 1998 | £71,800 | £144,933 | 216 |
| 1997 | £76,500 | £156,886 | 230 |
| 1996 | £65,000 | £137,082 | 191 |
| 1995 | £55,000 | £119,562 | 194 |
In cash terms the typical B45 8 home went from £55,000 in 1995 to £288,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 141%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2020, and today's median remains roughly 35% under it: a 2020 buyer is still waiting to get that price back in today's money.
Year-on-year change in the B45 8 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 2009 (+44.3% on the year before); the weakest, 2021 (−21.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −10.0% | −12.1% |
| 5 years (since 2021) | +1.5% | −3.2% |
| 10 years (since 2016) | +0.9% | −2.4% |
| 20 years (since 2006) | +2.5% | −0.3% |
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 B45 8
Sales per year, counted
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 register shows 75 B45 8 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 230 sales a year before the financial crisis and 169 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The shape of the B45 8 market
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. Within B45, this sector trades 15% above the district median: one of the dearer corners of its district.
What tenants pay around B45 8
For renting purposes B45 8 sits in Bromsgrove. The ONS average private rent there is £979 a month (May 2026). The spread runs from £708 a month for a typical one-bed to £1,585 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Bromsgrove
ONS Price Index of Private Rents, May 2026.
Set against the £288,000 median sold price, £979 a month is £11,748 a year, a gross yield of 4.1%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Common questions on B45 8 (Rednal)
How much did a house sell for in B45 8 (Rednal)?
Are property prices falling in B45 8 (Rednal)?
Is B45 8 (Rednal) a good place to buy a house?
What happens to B45 8 prices now?
The record answers a different question than "what happens next": the median is up 8% over five years in cash but down 15% 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 B45 today
The live side of the market holds 219 homes at the moment, listed by 4 agents publishing to HomesIndex.
These cover the whole B45 district, not just B45 8: live asking prices are collected per district.
33% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Rednal Mill Drive, Rednal, B45, Rednal
- Pine Grove, Lickey, Birmingham, Worcestershire
- Groveley Lane, Cofton Hackett, Birmingham, Worcestershire
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every B45 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
The Land Registry record, split by size: what each kind of home actually sold for across the B area. 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. 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 B45
A few minutes' walk can separate two very different markets. Here are B45's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| B45 0 | £192,500 | 19 |
| B45 9 | £255,000 | 69 |
Zoom out to the full B45 district report for the type split, monthly volumes and how B45 compares with its neighbours.
Selling a home in B45 8? 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 B45 8, use the average prices map for a rough value: zoom from B45 8's shading down to the sold homes on your own street. The figures above are every recorded B45 8 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working B45 8: the featured spot on this report is free for founding agents, one per district. Claim B45 8.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to B45 8. Free after a one click sign in.
See every individual B45 8 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.