Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 7.10
Mortgage as Percentage of Income: 60.35%
Loan Affordability Index: 1.66
Price to Rent Ratio - City Centre: 17.97
Price to Rent Ratio - Outside of Centre: 18.92
Gross Rental Yield (City Centre): 5.56%
Gross Rental Yield (Outside of Centre): 5.29%
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 1,162.73 £ 900.00-1,600.00
Buy Apartment Price
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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) 2,429.08 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.86 4.30-5.99

These data are based on 128 entries in the past 18 months from 35 different contributors.
Last update: December 2024

Sources and References
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