Key indicators for buyers
The B24 market is moderately favourable for buyers. Prices are rising at 3.4%, which may favour acting sooner rather than later. 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 £246,472 with a 25% deposit (£62k), a 2-year fixed mortgage at 3.97% costs around £973 per month.
Monthly cost comparison based on current data
Uses B24 avg. price with Birmingham rental data
Monthly mortgage payments (£973) are £114 less than renting (£1,087). However, buying requires an upfront deposit of £62k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
19, NEWMAN ROAD B24 9AG | Terraced | £205,000 | 21 Jan 2026 |
34, DUNVEGAN ROAD B24 9HQ | Semi-detached | £240,000 | 16 Jan 2026 |
828A, CHESTER ROAD, ERDINGTON B24 0ED | Detached | £340,000 | 15 Jan 2026 |
24, DRAGONFLY CLOSE B24 0BH | Other | £138,000 | 13 Jan 2026 |
5, SANDON GROVE B24 9DQ | Terraced | £245,000 | 9 Jan 2026 |
6, LATHE WAY B24 0SD | Detached | £345,000 | 9 Jan 2026 |
23, CHESTNUT DRIVE, ERDINGTON B24 0DN | Detached | £380,000 |
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 B24 sold for £246,472 in 2026, with a median of £245,000 across 9 transactions. Prices rose 3.4% compared to the previous year.
| 6 Jan 2026 |
192, WHEELWRIGHT ROAD B24 8HS | Semi-detached | £253,000 | 5 Jan 2026 |
127, HANSONS BRIDGE ROAD B24 0PD | Semi-detached | £72,250 | 5 Jan 2026 |
17, CAMPION GARDENS B24 0HF | Terraced | £245,000 | 19 Dec 2025 |
FLAT 4, ORCHARD HOUSE, 83, ORPHANAGE ROAD B24 9HU | Flat/Maisonette | £55,000 | 19 Dec 2025 |
91, GUNTER ROAD B24 0RY | Detached | £318,000 | 19 Dec 2025 |
43, BERKSWELL ROAD B24 9EE | Semi-detached | £235,000 | 19 Dec 2025 |
94, BEECHES DRIVE B24 0DT | Detached | £380,000 | 18 Dec 2025 |
126, MINSTEAD ROAD B24 8PX | Terraced | £150,000 | 17 Dec 2025 |
182, PYPE HAYES ROAD B24 0LR | Flat/Maisonette | £110,000 | 15 Dec 2025 |
7A, SPRING LANE B24 9BP | Semi-detached | £250,000 | 12 Dec 2025 |
143, HANSONS BRIDGE ROAD B24 0PD | Semi-detached | £210,000 | 12 Dec 2025 |
56, AVALON CLOSE B24 9JY | Flat/Maisonette | £100,000 | 11 Dec 2025 |
5, SHRUB LANE B24 9DG | Terraced | £250,000 | 9 Dec 2025 |
The most recent recorded sale in B24 was a terraced property on Newman Road for £205,000 in January 2026. Across the last 20 sales, the median price was £245,000.