Property Prices in Birmingham, United Kingdom

Index Info
Price to Income Ratio: 7.07
Mortgage as Percentage of Income: 47.37%
Loan Affordability Index: 2.11
Price to Rent Ratio - City Centre: 19.58
Price to Rent Ratio - Outside of Centre: 15.19
Gross Rental Yield (City Centre): 5.11%
Gross Rental Yield (Outside of Centre): 6.58%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 759.23 £ 650.00-1,000.00
Apartment (1 bedroom) Outside of Centre 560.45 £ 450.00-700.00
Apartment (3 bedrooms) in City Centre 1,251.36 £ 1,000.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 877.92 £ 750.00-1,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 289.93 £ 185.80-481.74
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) 1,721.12 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.07 2.00-4.00

These data are based on 203 entries in the past 18 months from 38 different contributors.
Last update: February 2021

Sources and References
Sign up for our newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far