Key indicators for buyers
The B38 market is moderately favourable for buyers. Prices are rising at 10.7%, 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 £286,000 with a 25% deposit (£72k), a 2-year fixed mortgage at 3.97% costs around £1,129 per month.
Monthly cost comparison based on current data
Uses B38 avg. price with Birmingham rental data
Monthly mortgage payments (£1,129) are £42 more than renting (£1,087). However, buying requires an upfront deposit of £72k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
7, GRIMPITS LANE B38 9EY | Detached | £360,000 | 22 Jan 2026 |
32, WALKERS HEATH ROAD B38 0AA | Semi-detached | £237,000 | 16 Jan 2026 |
9, ASHTREE COURT B38 9FP | Semi-detached | £310,000 | 15 Jan 2026 |
739, LONGDALES ROAD B38 9UR | Terraced | £203,000 | 15 Jan 2026 |
34, FAIRLIE CRESCENT B38 8DY | Semi-detached | £320,000 | 12 Jan 2026 |
19, FAIRLIE CRESCENT B38 8DX | Semi-detached | £326,000 | 19 Dec 2025 |
429, REDNAL ROAD B38 8HP | Terraced | £190,000 |
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 B38 sold for £286,000 in 2026, with a median of £310,000 across 5 transactions. Prices rose 10.7% compared to the previous year.
| 19 Dec 2025 |
18, HAWKESLEY END B38 9SQ | Terraced | £187,750 | 18 Dec 2025 |
5, ELDER COURT B38 9FQ | Detached | £440,000 | 18 Dec 2025 |
83A, WALKERS HEATH ROAD B38 0AP | Terraced | £295,000 | 17 Dec 2025 |
457, REDDITCH ROAD, KINGS NORTON B38 8NB | Semi-detached | £350,000 | 17 Dec 2025 |
785, LONGDALES ROAD B38 9UN | Terraced | £215,000 | 17 Dec 2025 |
3, WAGGON WALK B38 8JS | Terraced | £194,000 | 16 Dec 2025 |
134, SISEFIELD ROAD B38 9JA | Semi-detached | £176,000 | 15 Dec 2025 |
FLAT 1, 42, REDDITCH ROAD, KINGS NORTON B38 8QP | Flat/Maisonette | £140,000 | 12 Dec 2025 |
17, BIRSTALL WAY B38 8JH | Terraced | £180,000 | 12 Dec 2025 |
240, THE FAIRWAY, KINGS NORTON B38 8YN | Terraced | £190,000 | 12 Dec 2025 |
30, MERSEY GROVE B38 9LA | Semi-detached | £180,000 | 11 Dec 2025 |
15, LONGLANDS CLOSE B38 8JX | Terraced | £175,000 | 10 Dec 2025 |
29, MONKSWAY, KINGS NORTON B38 9LW | Terraced | £290,000 | 5 Dec 2025 |
The most recent recorded sale in B38 was a detached property on Grimpits Lane for £360,000 in January 2026. Across the last 20 sales, the median price was £215,000.