Kings Norton House Prices, Birmingham
Kings Norton is an area, located in Birmingham.
Kings Norton House Prices
As of June, 2024, the average house prices in Kings Norton are as follows:
- studio – £240,000 (0%)
- 1 bedroom flat – £125,000 (-3.76%)
- 2 bedroom flat – £205,000 (-1.91%)
- 3 bedroom flat – £250,000 (-2.87%)
- 4 bedroom flat – £415,000 (2.43%)
- 5 bedroom flat – £625,000 (6.67%)
Keep in mind that these are simply the average rates for Kings Norton 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 Norton, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Kings Norton house price is £250,000, low by 0% as of £250,000 in May, 2024.
- Currently, there are 142 houses for sale and an average of 24 property sales per month. Demand in the real estate market is high, so that price may rise.
Check back next month for updated Kings Norton house prices.
Kings Norton House Prices Growth
The average house price in Kings Norton over the last 5 years is as follows:
- 2019-06 – £182,832
- 2020-06 – £197,260 (7.89%)
- 2021-06 – £210,311 (6.62%)
- 2022-06 – £223,049 (6.06%)
- 2023-06 – £233,104 (4.51%)
- 2024-06 – £234,607 (0.64%)
Sold house prices in Kings Norton 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 Kings Norton in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Kings Norton house prices, it’s also wise to keep an eye on house rent prices in Kings Norton. 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 Norton.