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Property Price Trends
Hillaries Rd, Birmingham, West Midlands
B23 7QP Birmingham District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the B23 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
B23
Most Expensive Property
£315,000
New Oscott Village, 25 Apartment 141 Fosseway Drive, B23 5GL
Sold: 24 June 2022
Cheapest Property
£48,000
123 Flat B George Road, B23 7SH
Sold: 09 November 2023
£241,000
The average house price in Birmingham was £241,000 in November 2024 (provisional), up 3.7% from November 2023. This was similar to the rise in the West Midlands over the same period.
£1,037
Private rents rose to an average of £1,037 in December 2024, an annual increase of 8.9% from £952 in December 2023. This was slightly higher than the rise in the West Midlands (8.7%) over the year.
£213,000
The average price paid by first-time buyers was £213,000 in November 2024 (provisional). This was 4.1% higher than the average of £204,000 in November 2023 (revised).
£248,000
For homes bought with a mortgage, the average house price was £248,000 in November 2024 (provisional). This was 3.7% higher than the average of £239,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Birmingham, E08000025). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in B23 7QP?
The graph below shows the five-year capital growth figures for properties for the B23 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in B23 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in West Midlands?
For Homebuyers:
According to the latest data, the property market in West Midlands is showing a steady increase in house prices, with a rise of 2.5% in the past year. The average price for a property in Birmingham, specifically in the B16 postcode area, is currently around £250,000. However, areas such as Solihull (B91) are seeing a higher average price of £350,000. The availability of properties in West Midlands is relatively low, with a limited stock on the market, especially in popular areas like Coventry (CV1). Overall, West Midlands is a desirable location for homebuyers due to its convenient transport links, good schools, and vibrant city life.
For Renters:
Rent prices in West Midlands have been steadily increasing, with a 3% rise in the past year. The average rent for a one-bedroom flat in Wolverhampton (WV1) is currently around £600 per month, while a three-bedroom house in Dudley (DY1) can cost around £900 per month. The rental market in West Midlands is competitive, especially in popular areas like Walsall (WS1), where there is high demand but limited availability. Renters should act quickly when finding a property in this region, as properties are often taken off the market swiftly.
For Investors:
West Midlands presents a promising opportunity for investors, with strong potential for capital growth and rental yields. The demand for rental properties in areas like Sandwell (B66) is high, making it a profitable investment option. The average rental yield in West Midlands is around 4.5%, making it an attractive option for investors looking for a stable income stream. Additionally, the ongoing development projects in Coventry (CV6) and Walsall (WS2) are expected to drive further growth in property prices, making it a lucrative market for investors seeking long-term returns.
For Homebuyers:
According to the latest data, the property market in West Midlands is showing a steady increase in house prices, with a rise of 2.5% in the past year. The average price for a property in Birmingham, specifically in the B16 postcode area, is currently around £250,000. However, areas such as Solihull (B91) are seeing a higher average price of £350,000. The availability of properties in West Midlands is relatively low, with a limited stock on the market, especially in popular areas like Coventry (CV1). Overall, West Midlands is a desirable location for homebuyers due to its convenient transport links, good schools, and vibrant city life.
For Renters:
Rent prices in West Midlands have been steadily increasing, with a 3% rise in the past year. The average rent for a one-bedroom flat in Wolverhampton (WV1) is currently around £600 per month, while a three-bedroom house in Dudley (DY1) can cost around £900 per month. The rental market in West Midlands is competitive, especially in popular areas like Walsall (WS1), where there is high demand but limited availability. Renters should act quickly when finding a property in this region, as properties are often taken off the market swiftly.
For Investors:
West Midlands presents a promising opportunity for investors, with strong potential for capital growth and rental yields. The demand for rental properties in areas like Sandwell (B66) is high, making it a profitable investment option. The average rental yield in West Midlands is around 4.5%, making it an attractive option for investors looking for a stable income stream. Additionally, the ongoing development projects in Coventry (CV6) and Walsall (WS2) are expected to drive further growth in property prices, making it a lucrative market for investors seeking long-term returns.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for B23 7QP
Estimated yield for property investors
8.6%
Yield
The estimated yield for the B23 7QP postcode area is 8.6%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in B23 7QP?
The recently sold properties table lists homes around B23 7QP that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 02 February 2024 | £176,800 | 105 Perry Common Road, Birmingham, B23 7AD | Terraced | Freehold |
| 02 February 2024 | £262,500 | 24 Monastery Drive, Erdington, Birmingham, B23 7AX | Terraced | Freehold |
| 17 August 2022 | £220,000 | 68 Woolmore Road, Birmingham, B23 7EB | Semi-Detached | Freehold |
| 31 October 2023 | £155,000 | 12 Marsh Hill, Birmingham, B23 7EP | Terraced | Freehold |
| 06 November 2023 | £96,000 | Leigh Court, 33 Flat 5 Alwynn Walk, Birmingham, B23 7FL | Flat/Maisonette | Leasehold |
| 12 March 2024 | £205,000 | 73 Hillyfields Road, Birmingham, B23 7HB | Semi-Detached | Freehold |
| 29 November 2023 | £126,500 | 55 Ivyfield Road, Erdington, Birmingham, B23 7HN | Flat/Maisonette | Leasehold |
| 29 February 2024 | £120,000 | 99 Ivyfield Road, Erdington, Birmingham, B23 7HN | Flat/Maisonette | Leasehold |
| 22 November 2023 | £152,000 | 53 Lindridge Road, Birmingham, B23 7HX | Semi-Detached | Leasehold |
| 06 July 2023 | £165,000 | 43 Mere Road, Birmingham, B23 7LH | Terraced | Freehold |
| 07 December 2023 | £145,500 | 42 Neville Road, Erdington, Birmingham, B23 7SB | Terraced | Freehold |
| 23 February 2024 | £185,000 | 39 Shelley Drive, Birmingham, B23 7SF | Terraced | Freehold |
| 09 November 2023 | £48,000 | 123 Flat B George Road, Erdington, Birmingham, B23 7SH | Flat/Maisonette | Leasehold |
| 15 August 2022 | £94,500 | 16 Mellis Grove, Birmingham, B23 7TF | Terraced | Freehold |
| 30 June 2023 | £79,000 | 27 Ercall Close, Birmingham, B23 7TJ | Terraced | Leasehold |
| 19 December 2023 | £70,500 | 159 Brookvale Park Road, Birmingham, B23 7TN | Semi-Detached | Freehold |
| 10 November 2023 | £185,000 | 49 Wyrley Way, Birmingham, B23 7UN | Terraced | Freehold |
| 08 December 2023 | £105,000 | Denham Court Flat 36 Park Approach, Birmingham, B23 7XZ | Flat/Maisonette | Leasehold |
| 31 October 2023 | £105,122 | Brindle Court Flat 56 North Park Road, Birmingham, B23 7YQ | Flat/Maisonette | Leasehold |
Nearby sold properties | ||||
| 14 December 2023 | £202,500 | 36 Hales Gardens, Birmingham, B23 5DF | Terraced | Freehold |
| 10 November 2023 | £133,000 | 163a Turfpits Lane, Birmingham, B23 5EA | Flat/Maisonette | Leasehold |
| 26 October 2023 | £205,000 | 12 Nesscliffe Grove, Birmingham, B23 5EB | Terraced | Leasehold |
| 29 November 2023 | £210,000 | 19 Chaceley Grove, Birmingham, B23 5EP | Semi-Detached | Freehold |
| 22 February 2021 | £295,000 | New Oscott Village, 25 Apartment 42 Fosseway Drive, Birmingham, B23 5GL | Flat/Maisonette | Leasehold |
| 24 June 2022 | £315,000 | New Oscott Village, 25 Apartment 141 Fosseway Drive, Birmingham, B23 5GL | Flat/Maisonette | Leasehold |
| 22 April 2022 | £315,000 | New Oscott Village, 25 Apartment 180 Fosseway Drive, Birmingham, B23 5GQ | Flat/Maisonette | Leasehold |
| 09 February 2024 | £145,000 | 47 Flat 3 Golden Eagle Gardens, Birmingham, B23 5GY | Flat/Maisonette | Leasehold |
| 31 October 2023 | £207,500 | 37 Glendon Road, Birmingham, B23 5HQ | Terraced | Freehold |
| 06 December 2023 | £250,000 | 89 Court Farm Road, Birmingham, B23 5NE | Terraced | Leasehold |
| 04 December 2023 | £190,000 | 31 Hawthorn Close, Birmingham, B23 5NQ | Terraced | Freehold |
| 07 March 2024 | £285,000 | 22 Kirkwood Avenue, Birmingham, B23 5QF | Semi-Detached | Freehold |
| 01 December 2023 | £300,000 | 69 Sycamore Road, Erdington, Birmingham, B23 5QH | Semi-Detached | Freehold |
| 08 March 2024 | £250,000 | 76 Sycamore Road, Erdington, Birmingham, B23 5QR | Semi-Detached | Freehold |
| 07 May 2021 | £71,000 | 34 Trident Close, Erdington, Birmingham, B23 5TB | Flat/Maisonette | Leasehold |
| 06 December 2023 | £225,000 | 15 Wilmot Drive, Birmingham, B23 5TS | Semi-Detached | Freehold |
| 12 December 2022 | £121,220 | 1 Portfield Grove, Birmingham, B23 5UY | Semi-Detached | Freehold |
| 25 October 2023 | £160,000 | 56 Hunton Road, Birmingham, B23 6AH | Semi-Detached | Freehold |
| 13 November 2023 | £145,000 | 2 Hermitage Road, Erdington, Birmingham, B23 6AS | Terraced | Freehold |
| 28 February 2024 | £220,000 | 126 Milverton Road, Birmingham, B23 6EY | Terraced | Freehold |
| 01 March 2024 | £204,000 | 94 Chudleigh Road, Birmingham, B23 6HG | Terraced | Freehold |
| 30 November 2023 | £121,000 | Ffernfail Court, 88 Flat 9 Short Heath Road, Birmingham, B23 6JT | Flat/Maisonette | Leasehold |
| 24 November 2023 | £180,000 | 120 Gravelly Lane, Birmingham, B23 6LS | Semi-Detached | Freehold |
| 31 October 2023 | £202,500 | 21 Court Lane, Birmingham, B23 6NS | Terraced | Freehold |
| 07 March 2024 | £235,000 | 122 Marsh Lane, Birmingham, B23 6PL | Terraced | Freehold |
| 23 November 2023 | £58,000 | 106 Swan Gardens, Birmingham, B23 6QG | Flat/Maisonette | Leasehold |
| 15 November 2023 | £200,000 | 271 High Street, Erdington, Birmingham, B23 6SR | Other | Freehold |
| 15 November 2023 | £200,000 | 273 High Street, Erdington, Birmingham, B23 6SR | Other | Freehold |
Please note that house prices for properties sold in and around B23 7QP during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
