Kings Heath House Prices, Birmingham
Kings Heath is an area, located in Birmingham.
Kings Heath House Prices
![Kings Heath house prices chart Kings Heath house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-280.webp)
As of June, 2024, the average house prices in Kings Heath are as follows:
- studio – £50,000 (0%)
- 1 bedroom flat – £114,975 (-1.25%)
- 2 bedroom flat – £222,500 (2.25%)
- 3 bedroom flat – £280,000 (-3.34%)
- 4 bedroom flat – £450,000 (-0.26%)
- 5 bedroom flat – £440,000 (-15.08%)
Keep in mind that these are simply the average rates for Kings Heath 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 Kings Heath, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Kings Heath house price is £280,000, low by 0% as of £280,000 in May, 2024.
- Currently, there are 162 houses for sale and an average of 29 property sales per month. Demand in the real estate market is high, so that price may rise.
Check back next month for updated Kings Heath house prices.
Kings Heath House Prices Growth
![Kings Heath house price growth Kings Heath house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-280.webp)
The average house price in Kings Heath over the last 5 years is as follows:
- 2019-06 – £197,784
- 2020-06 – £204,072 (3.18%)
- 2021-06 – £222,571 (9.06%)
- 2022-06 – £234,014 (5.14%)
- 2023-06 – £249,105 (6.45%)
- 2024-06 – £242,130 (-2.8%)
Sold house prices in Kings Heath have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 22%. Thus, if the trend continues, purchasing real estate in Kings Heath in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Kings Heath house prices, it’s also wise to keep an eye on house rent prices in Kings Heath. 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 Kings Heath.