House Prices in B48 House Prices in B48 (Birmingham)

The average house price in B48 (Birmingham) is £289,333 using HM Land Registry data.

The average property price increased by £80,028 (38.93%) over the last 5 years and increased by £16,035 (5.4%) over the last 12 months.

Over the last year, there were 52 residential property sales – a decrease of 13 transactions (-25.00%) relative to the previous year. The majority of house sales (13) were in the £352,000 - £408,000 range. Then came properties in the £296,000 - £352,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 192 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,094 (-2%).

In February 2025, there were 13 new estate agency instructions, 8 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in B48 (Birmingham)

38.93%

Property prices in B48 (Birmingham) increased by 38.93% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B48 (Birmingham) Over the Last Year

5.4%

Property prices in B48 (Birmingham) increased by 5.4% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for B48 (Birmingham) - February 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B48 (Birmingham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B48 (Birmingham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B48 (Birmingham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B48 (Birmingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B48 postcode area since 1995.

Recent Sales in B48 (Birmingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Cygnet Close, Alvechurch, Birmingham, Worcestershire, B48 7PX£235,000£235,000£024 Aug 202417 Jan 2025146 Days
24 Branden Road, Alvechurch, Birmingham, Worcestershire, B48 7PE£325,000£320,000-£5,00006 Sep 202405 Dec 202490 Days
18 Latimer Road, Alvechurch, Birmingham, Worcestershire, B48 7NN£370,000£365,000-£5,00026 Apr 202423 Aug 2024119 Days
19 Buckleys Green, Alvechurch, Birmingham, Worcestershire, B48 7NG£260,000£242,000-£18,00026 Jan 202407 Aug 2024194 Days
32 Latimer Road, Alvechurch, Birmingham, Worcestershire, B48 7NN£270,000£266,250-£3,75019 Feb 202431 Jul 2024163 Days
30 Blythesway, Alvechurch, Birmingham, Worcestershire, B48 7NA£375,000£372,000-£3,00005 Mar 202426 Jul 2024143 Days
9 Swan Street, Alvechurch, Birmingham, Worcestershire, B48 7RR£450,000£422,500-£27,50021 Feb 202426 Jul 2024156 Days
3 Redditch Road, Hopwood, Birmingham, Worcestershire, B48 7TL£375,000£355,000-£20,00022 Jan 202412 Jul 2024172 Days
66 Station Road, Alvechurch, Birmingham, Worcestershire, B48 7SD£310,000£305,000-£5,00014 Jan 202421 Jun 2024159 Days
27 Hinton Avenue, Alvechurch, Birmingham, Worcestershire, B48 7LZ£330,000£315,000-£15,00026 Oct 202318 Jun 2024236 Days
4 Rear Cottages, Withybed Green, Birmingham, Worcestershire, B48 7PP£375,000£355,000-£20,00006 Oct 202314 Jun 2024252 Days
16 The Buckleys, Alvechurch, Birmingham, Worcestershire, B48 7NF£425,000£420,000-£5,00029 Nov 202330 May 2024183 Days
Sandhills Green House, Sandhills Green, Alvechurch, Birmingham, Worcestershire, B48 7BT£2,500,000£2,500,000£012 Mar 202429 May 202478 Days
3 Rose Avenue, Alvechurch, Birmingham, Worcestershire, B48 7PG£325,000£305,000-£20,00010 Jan 202403 May 2024114 Days
24 Redditch Road, Hopwood, Birmingham, Worcestershire, B48 7TR£375,000£375,000£026 Sep 202329 Feb 2024156 Days
46 Bear Hill Drive, Alvechurch, Birmingham, Worcestershire, B48 7RG£300,000£300,000£014 Nov 202327 Feb 2024105 Days
54 Latimer Road, Alvechurch, Birmingham, Worcestershire, B48 7NN£260,000£245,000-£15,00025 Aug 202326 Jan 2024154 Days
66 Tanyard Lane, Alvechurch, Birmingham, Worcestershire, B48 7LN£385,000£367,000-£18,00023 Jun 202320 Dec 2023180 Days
10 Redditch Road, Hopwood, Birmingham, Worcestershire, B48 7TL£330,000£325,000-£5,00019 Jul 202301 Dec 2023135 Days
79 Birmingham Road, Alvechurch, Birmingham, Worcestershire, B48 7TD£400,000£400,000£007 Jun 202324 Nov 2023170 Days

Most Expensive Streets in B48 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B48 7BAStonehouse Lane, HopwoodBirmingham£980,0005
B48 7BTSandhills Green, AlvechurchBirmingham£972,5004
B48 7BPAqueduct Lane, AlvechurchBirmingham£797,1663
B48 7QLRowney Green Lane, Rowney GreenBirmingham£757,5003
B48 7RXRedditch Road, AlvechurchBirmingham£750,2623
B48 7QSRowney Green Lane, Rowney GreenBirmingham£654,1254
B48 7AYLea End Lane, HopwoodBirmingham£642,5004
B48 7JXBear Hill, AlvechurchBirmingham£637,0007
B48 7DJGrange Lane, AlvechurchBirmingham£628,4163
B48 7SASchool Lane, AlvechurchBirmingham£622,6647

Least Expensive Streets in B48 (Birmingham)

PostcodeStreetAreaAverageNo. of Sales
B48 7PUKingfisher Court, AlvechurchBirmingham£180,0004
B48 7SXOld Rectory Lane, AlvechurchBirmingham£229,4287
B48 7TFAlthestan Close, AlvechurchBirmingham£241,6669
B48 7PSGlebe Road, AlvechurchBirmingham£252,0004
B48 7NPLatimer Road, AlvechurchBirmingham£255,8336
B48 7LFRed Lion Street, AlvechurchBirmingham£259,4403
B48 7NYWithybed Lane, AlvechurchBirmingham£262,6663
B48 7NNLatimer Road, AlvechurchBirmingham£277,93611
B48 7BDLea End Farm Barns, Ash LaneBirmingham£279,1064
B48 7PHTranter Avenue, AlvechurchBirmingham£298,1244

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