Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 10.46
Mortgage as Percentage of Income: 69.13%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 30.92
Price to Rent Ratio - Outside of Centre: 25.48
Gross Rental Yield (City Centre): 3.23%
Gross Rental Yield (Outside of Centre): 3.93%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 788.76 £ 650.00-1,200.00
Apartment (1 bedroom) Outside of Centre 588.57 £ 500.00-700.00
Apartment (3 bedrooms) in City Centre 1,943.44 £ 1,700.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,200.00 £ 950.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 576.37 £ 464.51-799.99
Price per Square Feet to Buy Apartment Outside of Centre 322.09 £ 260.13-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,310.46 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.50-3.40

These data are based on 88 entries in the past 18 months from 21 different contributors.
Last update: June 2022

Sources and References
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