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: 18.96
Gross Rental Yield (City Centre): 5.56%
Gross Rental Yield (Outside of Centre): 5.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,210.45 € 1,086.21-1,448.28
Apartment (1 bedroom) Outside of Centre 953.45 € 784.49-1,206.90
Apartment (3 bedrooms) in City Centre 2,138.90 € 1,810.35-2,413.80
Apartment (3 bedrooms) Outside of Centre 1,403.30 € 1,086.21-1,931.04
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 437.28 € 437.28-448.50
Price per Square Feet to Buy Apartment Outside of Centre 336.37 € 336.37-336.37
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,931.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.86 4.30-5.99

These data are based on 127 entries in the past 18 months from 35 different contributors.
Last update: November 2024

Sources and References
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