Key indicators for buyers
The B31 market is moderately favourable for buyers. Prices are rising at 12.0%, 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 £268,654 with a 25% deposit (£67k), a 2-year fixed mortgage at 3.97% costs around £1,060 per month.
Monthly cost comparison based on current data
Uses B31 avg. price with Birmingham rental data
Monthly mortgage payments (£1,060) are £27 less than renting (£1,087). However, buying requires an upfront deposit of £67k — 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 |
|---|---|---|---|
25, MIDDLEPARK DRIVE, NORTHFIELD B31 2FL | Detached | £675,000 | 28 Jan 2026 |
8, REA CLOSE B31 4TT | Semi-detached | £202,500 | 23 Jan 2026 |
190, FRANKLEY BEECHES ROAD, NORTHFIELD B31 5LY | Semi-detached | £240,000 | 23 Jan 2026 |
11, APPLETREE CLOSE B31 2YP | Terraced | £225,000 | 23 Jan 2026 |
1, ASCOT WAY B31 2BW | Flat/Maisonette | £212,000 | 20 Jan 2026 |
29, MOOR LEASOW B31 3XL | Detached | £440,500 | 20 Jan 2026 |
FLAT 2, 6, MIDDLEPARK DRIVE, NORTHFIELD B31 2FQ | Flat/Maisonette |
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 B31 sold for £268,654 in 2026, with a median of £225,000 across 13 transactions. Prices rose 12.0% compared to the previous year.
| £175,000 |
| 20 Jan 2026 |
3, WASDALE ROAD, NORTHFIELD B31 1QH | Terraced | £195,000 | 12 Jan 2026 |
18, NEW MEADOW CLOSE B31 3XT | Semi-detached | £310,000 | 9 Jan 2026 |
15, ROCHESTER ROAD B31 2NR | Terraced | £125,000 | 7 Jan 2026 |
138, THE ROUNDABOUT B31 2TX | Terraced | £245,000 | 6 Jan 2026 |
160, THE ROUNDABOUT B31 2TX | Terraced | £197,500 | 6 Jan 2026 |
52, JOSIAH ROAD B31 5DF | Semi-detached | £250,000 | 5 Jan 2026 |
96, COFTON ROAD B31 3QP | Semi-detached | £250,000 | 22 Dec 2025 |
12, THURLESTONE ROAD, LONGBRIDGE B31 4LS | Semi-detached | £196,500 | 19 Dec 2025 |
77, WEST PARK AVENUE B31 5BG | Semi-detached | £270,000 | 19 Dec 2025 |
77, BODENHAM ROAD B31 5DR | Semi-detached | £187,474 | 19 Dec 2025 |
154, FARREN ROAD B31 5HN | Terraced | £300,000 | 19 Dec 2025 |
66, BEDLAM WOOD ROAD B31 5DU | Terraced | £178,000 | 19 Dec 2025 |
21, STEENE GROVE, NORTHFIELD B31 5QH | Semi-detached | £160,000 | 18 Dec 2025 |
The most recent recorded sale in B31 was a detached property on Middlepark Drive for £675,000 in January 2026. Across the last 20 sales, the median price was £225,000.