Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 7.66
Mortgage as Percentage of Income: 64.62%
Loan Affordability Index: 1.55
Price to Rent Ratio - City Centre: 18.58
Price to Rent Ratio - Outside of Centre: 18.88
Gross Rental Yield (City Centre): 5.38%
Gross Rental Yield (Outside of Centre): 5.30%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 985.29 £ 900.00-1,200.00
Apartment (1 bedroom) Outside of Centre 793.18 £ 650.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,681.25 £ 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,167.50 £ 950.00-1,550.00
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
Edit
Average Monthly Net Salary (After Tax) 2,250.71 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.76 4.30-5.99

These data are based on 127 entries from 38 contributors over the past 18 months.
Last update: April 2025

Sources and References
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1 Comments so far
James Forbes on Apr 14, 2025:
during ww2 we lived in Birmingham at 617 Bromford Road and migrated to Australia in 1950.^Schooled at CENTRAL GRAMMER. Still have a number of relatives in BRUM.
i am currently considering return to the UK perhaps you could advise re house prices, there will only be my wife and myself thus say a 2 bedroom house or flat would fill the bill. Also if there are any bad pitfalls you may be good enough to out line please.

AUS.ADress is 11Freesia Crescent,Kingston,Hobart,Tasmania.AUS.