Key indicators for buyers
The B16 market is moderately favourable for buyers. Prices have softened (-2.0%), which could present a buying opportunity. Rising rents (£1,087/mo, +3.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Birmingham area
A home in Birmingham costs 6.1x the local median salary — moderate, improving from a peak of 6.6x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Birmingham area
Average monthly rent in Birmingham is £1,087, up 3.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Birmingham price of £262,250 with a 25% deposit (£66k), a 2-year fixed mortgage at 3.97% costs around £1,035 per month.
Monthly cost comparison based on current data
Uses B16 avg. price with Birmingham rental data
Monthly mortgage payments (£1,035) are £52 less than renting (£1,087). However, buying requires an upfront deposit of £66k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 29, 50, MARINER AVENUE B16 9DT | Flat/Maisonette | £122,500 | 23 Jan 2026 |
40, MELVILLE ROAD B16 9JR | Semi-detached | £585,000 | 16 Jan 2026 |
FLAT 3, 12, RYLAND STREET B16 8BP | Flat/Maisonette | £174,000 | 14 Jan 2026 |
33, CAWDOR CRESCENT B16 8XN | Flat/Maisonette | £167,500 | 13 Jan 2026 |
11, PLOUGH & HARROW ROAD B16 8UR | Other | £265,000 | 22 Dec 2025 |
8, BARLEY ROAD B16 0QE | Semi-detached | £340,000 | 19 Dec 2025 |
56, HUNTLY ROAD B16 8JQ | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in B16 sold for £262,250 in 2026, with a median of £170,750 across 4 transactions. Prices fell 2.0% compared to the previous year.
| £150,000 |
| 16 Dec 2025 |
8, THE LIMES, DAISY ROAD B16 9ED | Terraced | £220,000 | 12 Dec 2025 |
16, RESERVOIR RETREAT B16 9EH | Semi-detached | £386,000 | 5 Dec 2025 |
11, SHETLAND CLOSE B16 0RF | Semi-detached | £350,000 | 5 Dec 2025 |
67, CARLYLE ROAD, EDGBASTON B16 9BH | Semi-detached | £480,000 | 4 Dec 2025 |
25, SOUTH LOOP SQUARE B16 0AQ | Terraced | £442,000 | 1 Dec 2025 |
34, WIGGIN STREET B16 0AH | Terraced | £140,000 | 1 Dec 2025 |
112, CITY ROAD B16 0HQ | Other | £430,000 | 1 Dec 2025 |
102, GILLOTT ROAD B16 0ES | Semi-detached | £380,000 | 28 Nov 2025 |
FLAT 3, PORTLAND COURT, 35, PORTLAND ROAD, EDGBASTON B16 9HS | Flat/Maisonette | £237,000 | 28 Nov 2025 |
87, RODNEY CLOSE B16 8DP | Terraced | £190,000 | 28 Nov 2025 |
16, CITY ROAD B16 0HG | Semi-detached | £370,000 | 28 Nov 2025 |
25A, HAROLD ROAD B16 9DW | Detached | £400,000 | 28 Nov 2025 |
FLAT 5, GRIFFIN HOUSE, 231, HAGLEY ROAD B16 9RR | Flat/Maisonette | £120,000 | 28 Nov 2025 |
The most recent recorded sale in B16 was a flat/maisonette property on Mariner Avenue for £122,500 in January 2026. Across the last 20 sales, the median price was £340,000.