Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 7.02
Mortgage as Percentage of Income: 59.95%
Loan Affordability Index: 1.67
Price to Rent Ratio - City Centre: 18.43
Price to Rent Ratio - Outside of Centre: 18.32
Gross Rental Yield (City Centre): 5.43%
Gross Rental Yield (Outside of Centre): 5.46%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 972.22 £ 900.00-1,200.00
Apartment (1 bedroom) Outside of Centre 821.43 £ 750.00-900.00
Apartment (3 bedrooms) in City Centre 1,741.67 £ 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,155.56 £ 950.00-1,600.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 362.32 £ 362.32-371.61
Price per Square Feet to Buy Apartment Outside of Centre 274.99 £ 260.13-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,442.55 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.92 5.90-5.99

These data are based on 105 entries in the past 18 months from 39 different contributors.
Last update: February 2024

Sources and References
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