Longbridge House Prices, Birmingham
Longbridge is an area, located in Birmingham.
Longbridge House Prices
![Longbridge house prices chart Longbridge house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-283.webp)
As of June, 2024, the average house prices in Longbridge are as follows:
- 1 bedroom flat – £160,000 (13.5%)
- 2 bedroom flat – £220,000 (1.65%)
- 3 bedroom flat – £250,000 (-0.57%)
- 4 bedroom flat – £325,000 (-1.41%)
- 5 bedroom flat – £390,000 (-1.68%)
Keep in mind that these are simply the average rates for Longbridge 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 Longbridge, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Longbridge house price is £230,000, low by 0% as of £230,000 in May, 2024.
- Currently, there are 58 houses for sale and an average of 8 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated Longbridge house prices.
Longbridge House Prices Growth
![Longbridge house price growth Longbridge house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-283.webp)
The average house price in Longbridge over the last 5 years is as follows:
- 2019-06 – £169,311
- 2020-06 – £176,770 (4.41%)
- 2021-06 – £185,546 (4.96%)
- 2022-06 – £201,957 (8.84%)
- 2023-06 – £217,034 (7.47%)
- 2024-06 – £213,463 (-1.65%)
Sold house prices in Longbridge have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 26%. Thus, if the trend continues, purchasing real estate in Longbridge in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Longbridge house prices, it’s also wise to keep an eye on house rent prices in Longbridge. 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 Longbridge.