Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 7.16
Mortgage as Percentage of Income: 48.93%
Loan Affordability Index: 2.04
Price to Rent Ratio - City Centre: 19.10
Price to Rent Ratio - Outside of Centre: 15.21
Gross Rental Yield (City Centre): 5.24%
Gross Rental Yield (Outside of Centre): 6.58%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 766.33 £ 675.00-1,000.00
Apartment (1 bedroom) Outside of Centre 563.33 £ 450.00-700.00
Apartment (3 bedrooms) in City Centre 1,309.58 £ 1,000.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 869.09 £ 750.00-1,200.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 289.93 £ 185.80-507.14
Price per Square Feet to Buy Apartment Outside of Centre 162.48 £ 92.90-278.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 1,700.69 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.30 2.00-4.33

These data are based on 219 entries in the past 18 months from 41 different contributors.
Last update: September 2020

Sources and References
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