Birmingham residential property investment market 2019

Birmingham is the UK’s second largest city and the regional capital of the West Midlands.

Over recent years it has undergone a significant transformation, with large areas of the city being regenerated. Birmingham has developed into a modern, internationally recognised location for commerce with a thriving business, retail and leisure offerings.

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Newsrafael mondonedo
Birmingham property boom revealed as house prices skyrocket

Birmingham is experiencing a property boom - as house prices are rising at three times the national average rate. New data from HM Land Registry shows that the price of an average house in our area was £188,254 at the start of this year.

That’s a 5.8 per cent rise compared to the same time in 2018, when the figure stood at £177,993 - meaning the average homeowner will have gained £10,261 over the period.

In the West Midlands as a whole, the value of detached houses rose the most over the year - by 6.1 per cent. Meanwhile, the value of flats rose by 3.7 per cent in the region in the 12 months to January.

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Newsrafael mondonedo