Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 7.22
Mortgage as Percentage of Income: 61.31%
Loan Affordability Index: 1.63
Price to Rent Ratio - City Centre: 17.97
Price to Rent Ratio - Outside of Centre: 18.74
Gross Rental Yield (City Centre): 5.56%
Gross Rental Yield (Outside of Centre): 5.34%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,002.94 £ 900.00-1,200.00
Apartment (1 bedroom) Outside of Centre 793.18 £ 650.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,772.22 £ 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,190.00 £ 950.00-1,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 362.32 £ 362.32-371.61
Price per Square Feet to Buy Apartment Outside of Centre 278.71 £ 278.71-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,390.69 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.86 4.30-5.99

These data are based on 131 entries in the past 18 months from 38 different contributors.
Last update: January 2025

Sources and References
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