Northfield House Prices, Birmingham
Northfield is an area, located in Birmingham.
Northfield House Prices
![Northfield house prices chart Northfield house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-287.webp)
As of June, 2024, the average house prices in Northfield are as follows:
- studio – £315,000 (0%)
- 1 bedroom flat – £128,000 (-2.32%)
- 2 bedroom flat – £197,475 (-0.03%)
- 3 bedroom flat – £260,000 (-1.8%)
- 4 bedroom flat – £392,500 (-4.54%)
- 5 bedroom flat – £390,000 (-36.84%)
Keep in mind that these are simply the average rates for Northfield 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 Northfield, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Northfield house price is £250,000, low by 0% as of £250,000 in May, 2024.
- Currently, there are 211 houses for sale and an average of 30 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 Northfield house prices.
Northfield House Prices Growth
![Northfield house price growth Northfield house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-287.webp)
The average house price in Northfield over the last 5 years is as follows:
- 2019-06 – £169,191
- 2020-06 – £176,855 (4.53%)
- 2021-06 – £185,271 (4.76%)
- 2022-06 – £202,297 (9.19%)
- 2023-06 – £217,078 (7.31%)
- 2024-06 – £213,158 (-1.81%)
Sold house prices in Northfield have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 25%. Thus, if the trend continues, purchasing real estate in Northfield in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Northfield house prices, it’s also wise to keep an eye on house rent prices in Northfield. 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 Northfield.