Sutton Coldfield House Prices, Birmingham
Sutton Coldfield is an area, located in Birmingham.
Sutton Coldfield House Prices
As of June, 2024, the average house prices in Sutton Coldfield are as follows:
- studio – £105,000 (0%)
- 1 bedroom flat – £139,950 (-3.04%)
- 2 bedroom flat – £235,000 (-3.89%)
- 3 bedroom flat – £375,000 (-1.24%)
- 4 bedroom flat – £550,000 (-3.87%)
- 5 bedroom flat – £795,000 (-7.14%)
Keep in mind that these are simply the average rates for Sutton Coldfield 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 Sutton Coldfield, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Sutton Coldfield house price is £400,000, low by 4.7% as of £419,747 in May, 2024.
- Currently, there are 2,172 houses for sale and an average of 58 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Sutton Coldfield house prices.
Sutton Coldfield House Prices Growth
The average house price in Sutton Coldfield over the last 5 years is as follows:
- 2019-06 – £291,574
- 2020-06 – £292,749 (0.4%)
- 2021-06 – £338,785 (15.73%)
- 2022-06 – £333,421 (-1.58%)
- 2023-06 – £352,773 (5.8%)
- 2024-06 – £353,827 (0.3%)
Sold house prices in Sutton Coldfield remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 21%. Thus, if the trend continues, purchasing real estate in Sutton Coldfield in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Sutton Coldfield house prices, it’s also wise to keep an eye on house rent prices in Sutton Coldfield. 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 Sutton Coldfield.