Edgbaston House Prices, Birmingham
Edgbaston is an area, located in Birmingham.
Edgbaston House Prices
As of June, 2024, the average house prices in Edgbaston are as follows:
- studio – £185,000 (-13.08%)
- 1 bedroom flat – £130,000 (-2.28%)
- 2 bedroom flat – £200,000 (-3.78%)
- 3 bedroom flat – £340,000 (0.76%)
- 4 bedroom flat – £575,000 (-2.1%)
- 5 bedroom flat – £625,000 (-11.87%)
Keep in mind that these are simply the average rates for Edgbaston house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Edgbaston, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Edgbaston house price is £290,000, low by 0.77% as of £292,250 in May, 2024.
- Currently, there are 845 houses for sale and an average of 22 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Edgbaston house prices.
Edgbaston House Prices Growth
The average house price in Edgbaston over the last 5 years is as follows:
- 2019-06 – £220,379
- 2020-06 – £226,071 (2.58%)
- 2021-06 – £248,769 (10.04%)
- 2022-06 – £250,277 (0.61%)
- 2023-06 – £263,731 (5.38%)
- 2024-06 – £257,400 (-2.4%)
Sold house prices in Edgbaston have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 16%. Thus, if the trend continues, purchasing real estate in Edgbaston in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Edgbaston house prices, it’s also wise to keep an eye on house rent prices in Edgbaston. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Edgbaston.