Key indicators for buyers
The B45 market is moderately favourable for buyers. Prices have softened (-31.3%), 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 £215,045 with a 25% deposit (£54k), a 2-year fixed mortgage at 3.97% costs around £849 per month.
Monthly cost comparison based on current data
Uses B45 avg. price with Birmingham rental data
Monthly mortgage payments (£849) are £238 less than renting (£1,087). However, buying requires an upfront deposit of £54k — it would take around 6 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 5, HILL COURT, 230, LEACH GREEN LANE, REDNAL B45 8DT | Flat/Maisonette | £150,000 | 26 Jan 2026 |
357A, LICKEY ROAD, REDNAL B45 8UR | Semi-detached | £354,000 | 23 Jan 2026 |
15, EACHWAY FARM CLOSE, REDNAL B45 9LQ | Terraced | £149,000 | 22 Jan 2026 |
6, CRANBOURNE CLOSE, RUBERY B45 0DN | Terraced | £192,500 | 20 Jan 2026 |
34, GREENBANK, BARNT GREEN B45 8DH | Terraced | £300,000 | 16 Jan 2026 |
79, HERONSWOOD ROAD, REDNAL B45 8QT | Terraced | £370,000 | 13 Jan 2026 |
1, REDNAL MILL DRIVE, REDNAL B45 8XX |
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 B45 sold for £215,045 in 2026, with a median of £210,000 across 11 transactions. Prices fell 31.3% compared to the previous year.
| Semi-detached |
| £210,000 |
| 9 Jan 2026 |
8, RAYBON CROFT, REDNAL B45 9LF | Semi-detached | £250,000 | 9 Jan 2026 |
79, COFTON PARK DRIVE, REDNAL B45 8GP | Semi-detached | £75,000 | 9 Jan 2026 |
35, ORMSCLIFFE ROAD, REDNAL B45 8SX | Semi-detached | £230,000 | 9 Jan 2026 |
1, WATERHAYNES CLOSE, REDNAL B45 9LE | Flat/Maisonette | £85,000 | 7 Jan 2026 |
39, REDNAL HILL LANE, REDNAL B45 9LR | Terraced | £240,000 | 23 Dec 2025 |
19, SHAPINSAY DRIVE, RUBERY B45 0HN | Terraced | £176,000 | 19 Dec 2025 |
6, HOBACRE CLOSE, RUBERY B45 9YG | Detached | £285,000 | 18 Dec 2025 |
14, THE GROVE, COFTON HACKETT B45 8AP | Semi-detached | £371,000 | 17 Dec 2025 |
64, COFTON PARK DRIVE, REDNAL B45 8GP | Terraced | £245,000 | 17 Dec 2025 |
26, LYNDON ROAD, RUBERY B45 9UP | Terraced | £245,000 | 17 Dec 2025 |
33, THE AVENUE, RUBERY B45 9UE | Semi-detached | £237,500 | 12 Dec 2025 |
26, MADLEY CLOSE, RUBERY B45 9XA | Detached | £485,000 | 12 Dec 2025 |
155, LEACH GREEN LANE, REDNAL B45 8EL | Semi-detached | £230,000 | 12 Dec 2025 |
The most recent recorded sale in B45 was a flat/maisonette property on Leach Green Lane for £150,000 in January 2026. Across the last 20 sales, the median price was £240,000.