Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 6.89
Mortgage as Percentage of Income: 58.85%
Loan Affordability Index: 1.70
Price to Rent Ratio - City Centre: 18.70
Price to Rent Ratio - Outside of Centre: 19.40
Gross Rental Yield (City Centre): 5.35%
Gross Rental Yield (Outside of Centre): 5.16%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,155.64 € 1,068.57-1,424.76
Apartment (1 bedroom) Outside of Centre 923.45 € 771.74-1,068.57
Apartment (3 bedrooms) in City Centre 1,996.14 € 1,780.95-2,374.60
Apartment (3 bedrooms) Outside of Centre 1,334.72 € 1,068.57-1,899.68
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 430.18 € 430.18-441.21
Price per Square Feet to Buy Apartment Outside of Centre 330.91 € 330.91-330.91
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,971.31 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.92 5.50-5.99

These data are based on 122 entries in the past 18 months from 36 different contributors.
Last update: September 2024

Sources and References
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