Great Barr House Prices, Birmingham
Great Barr is an area, located in Birmingham.
Great Barr House Prices
As of June, 2024, the average house prices in Great Barr are as follows:
- studio – £85,000 (0.89%)
- 1 bedroom flat – £129,997 (0.8%)
- 2 bedroom flat – £185,000 (-0.97%)
- 3 bedroom flat – £240,000 (-2.91%)
- 4 bedroom flat – £350,000 (-3.45%)
- 5 bedroom flat – £444,975 (-2.69%)
Keep in mind that these are simply the average rates for Great Barr 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 Great Barr, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Great Barr house price is £235,000, low by 0% as of £235,000 in May, 2024.
- Currently, there are 651 houses for sale and an average of 37 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Great Barr house prices.
Great Barr House Prices Growth
The average house price in Great Barr over the last 5 years is as follows:
- 2019-06 – £169,138
- 2020-06 – £172,010 (1.7%)
- 2021-06 – £184,174 (7.07%)
- 2022-06 – £198,792 (7.94%)
- 2023-06 – £219,035 (10.18%)
- 2024-06 – £217,888 (-0.52%)
Sold house prices in Great Barr remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 28%. Thus, if the trend continues, purchasing real estate in Great Barr in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Great Barr house prices, it’s also wise to keep an eye on house rent prices in Great Barr. 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 Great Barr.