Key indicators for buyers
The B3 market is moderately favourable for buyers. Prices have softened (-12.5%), 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 £236,000 with a 25% deposit (£59k), a 2-year fixed mortgage at 3.97% costs around £931 per month.
Monthly cost comparison based on current data
Uses B3 avg. price with Birmingham rental data
Monthly mortgage payments (£931) are £156 less than renting (£1,087). However, buying requires an upfront deposit of £59k — 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 |
|---|---|---|---|
82, NEWHALL COURT B3 1DR | Flat/Maisonette | £236,000 | 8 Jan 2026 |
APARTMENT 165, BRINDLEY HOUSE, 101, NEWHALL STREET B3 1LJ | Flat/Maisonette | £120,000 | 22 Dec 2025 |
APARTMENT 2, MILLER, 61, ST PAULS SQUARE B3 1QS | Flat/Maisonette | £204,500 | 17 Dec 2025 |
FLAT 15, ST. PAULS MEWS, ST PAULS SQUARE B3 1RB | Flat/Maisonette | £88,000 | 12 Dec 2025 |
APARTMENT 10, ANSTY COURT, 45, KENYON STREET B3 1UR | Flat/Maisonette | £80,000 | 8 Dec 2025 |
APARTMENT 408, ISLINGTON GATES, 6, FLEET STREET B3 1JH | Flat/Maisonette | £178,000 | 1 Dec 2025 |
PENTHOUSE 2, MILLENNIUM APARTMENTS, 95, NEWHALL STREET |
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 B3 sold for £236,000 in 2026, with a median of £236,000 across 1 transactions. Prices fell 12.5% compared to the previous year.
| Flat/Maisonette |
| £225,000 |
| 14 Nov 2025 |
FLAT 26, KINGS COURT, 25, COX STREET B3 1RD | Flat/Maisonette | £162,146 | 31 Oct 2025 |
APARTMENT 345, DERWENT FOUNDRY, 5, MARY ANN STREET B3 1BG | Flat/Maisonette | £96,000 | 31 Oct 2025 |
APARTMENT 101, ISLINGTON GATES, 6, FLEET STREET B3 1JH | Flat/Maisonette | £190,000 | 14 Oct 2025 |
54, NEWHALL COURT B3 1DR | Flat/Maisonette | £135,000 | 13 Oct 2025 |
118, NEWHALL COURT B3 1DR | Flat/Maisonette | £155,000 | 9 Oct 2025 |
APARTMENT 204, ISLINGTON GATES, 4, FLEET STREET B3 1JH | Flat/Maisonette | £140,000 | 3 Oct 2025 |
APARTMENT G4, DEVONSHIRE HOUSE, 40, GREAT CHARLES STREET QUEENSWAY B3 2LX | Other | £115,000 | 24 Sept 2025 |
APARTMENT 614, ISLINGTON GATES, FLEET STREET B3 1JL | Flat/Maisonette | £137,500 | 19 Sept 2025 |
APARTMENT 17, MAXIM 28, 21, LIONEL STREET B3 1AT | Flat/Maisonette | £180,000 | 19 Sept 2025 |
APARTMENT 322, ST PAULS PLACE, 40, ST PAULS SQUARE B3 1FQ | Flat/Maisonette | £117,000 | 16 Sept 2025 |
204, NEWHALL STREET B3 1SH | Detached | £325,000 | 12 Sept 2025 |
APARTMENT 127, 58, WATER STREET B3 1BJ | Flat/Maisonette | £125,000 | 12 Sept 2025 |
108, NEWHALL COURT B3 1DR | Flat/Maisonette | £202,500 | 10 Sept 2025 |
The most recent recorded sale in B3 was a flat/maisonette property on Newhall Court for £236,000 in January 2026. Across the last 20 sales, the median price was £155,000.