HowToEstate

Northfield House Prices, Birmingham

23 April 2024
Updated: 04 June 2024

Northfield is an area, located in Birmingham.

Northfield House Prices

Northfield house prices chart
Northfield house prices chart

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.

Northfield House Prices Growth

Northfield house price growth
Northfield house price growth

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.