Birmingham is one of the most popular UK cities to relocate to. Its well-developed infrastructure, many primaries and secondary schools, top-rated British universities, and advantageous location in the heart of the British island make it a perfect place to live.
Furthermore, Birmingham is among the most affordable cities in terms of house prices. The house price-to-earnings ratio in the city is 6.7, which means a person needs 6.7 average salaries to purchase a medium-priced property. In the United Kingdom, this median index is 8.16.
The Average Price of a Birmingham Property
The average house price in Birmingham is £278,000. Out of 105 British postcodes, Birmingham is rated as the 41st cheapest one.
Properties priced from £150,000 to £200,000 are of the highest demand in the city – 21% of all annual sales are in this category. Furthermore, people with exceptionally low budgets may find something special as well – 77 sales (0.5% of the overall volume) are in the price category under £50,000, and 679 more properties (4.8%) are sold within £50,000 – £100,000.
Birmingham offers houses for any taste and budget, so if you are looking to buy or rent a property, visit Floople Website to find the best city areas to live in. So, which city areas are the best ones to live in?
Top Areas to Relocate and House Prices in Birmingham
City Centre: For Those Who Don’t Want to Miss Anything
Birmingham is proud of its “”multifunctional”” city centre. With more than 300 diverse restaurants, this area is a magnet for gourmets from all the corners of Birmingham. A historic Rag Market combines with the ultra-modern Bullring & Grand Central. Art lovers will find a set of museums there: West Midlands Police Museum, Back to Backs Museum, Birmingham Art Gallery, etc. The City Centre is the best area for those who want to catch everything.
The average property price in Birmingham’s centre is £228,661.
- The average flat price in the city centre is £221,779.
- The average house price of semi-detached solutions is approximately £205,000.
- Terraced houses are offered at the average cost of £395,931.
Prices for flats for rent in Birmingham begin at £303 with the average rental price of £1,315.
Harborne: For Those Tired of the City Centre Rhythms
The city center traffic is not everyone’s cup of tea. From this viewpoint, Harborne is the best alternative. The area is ready to impress you with calm suburban landscapes mixed with high-end eateries and independent shops. Young families love Harborne for its variety of primary and secondary schools, green spaces, and modern amenities for a comfortable life. Another highlight is the local golf club – a perfect and “elite” way to spend time with friends.
The average house price in Harborne is £298,646, which makes this area among the most expensive in Birmingham.
- Flats cost £160,172 on average.
- The average price of semi-detached houses is £307,478.
- A terraced property can be purchased for £269,550 on average.
As for rental prices, one can afford a property in Harborne from £300 when the average rental price in the area is £1,190.
Edgbaston: For Those Who Fall in Love with Sports
Known among the most affluent city areas, Edgbaston offers a variety of places of interest: Birmingham Wildlife Conservation Park, Winterbourne House and Garden, Birmingham Botanical Gardens, Lapworth Museum of Geology, Perrott’s Folly, Edgbaston Waterworks, and many other places. The area, as is the Edgbaston Cricket Ground, attracts sports lovers from all over the city. The world’s oldest tennis club is also based in Edgbaston.
Average prices for an Edgbaston property are £317,229, placing the area amongst the most expensive in Birmingham.
- The average property prices for flats are £209,573.
- Average sold price for terraced houses in Birmingham is at £300,777 on average.
- Semi-detached properties are sold at £381,650 on average.
The minimum rental price in the area is £342. The overall average price to rent a property in Edgbaston is £1,405.
Jewellery Quarter: The Way to Live Inside the City’s History
Until recently, the quarter was home to more than 30,000 jewellers, who produced about 40% of all British jewellery. Then, the historical quarter was transformed into a modern area full of unique boutiques and eateries. Meanwhile, it has its historic charm, with tens of small jewellery studios and the biggest Jewelry School in Europe.
Houses in the Jewellery Quarter are sold for £219,260 on average.
- The average price of a flat is £208,262.
- Semi-detached houses cost £125,000 on average.
- Terraced properties are sold for £325,056 on average.
Rentals in the Jewellery Quarter start at £342, while the average rental price is £1,434.
Birmingham Areas to Avoid
Birmingham attracts newcomers with low average sold prices, advantageous location, and all the amenities for a comfortable life. Meanwhile, according to the number of crimes, the city falls into the UK’s most dangerous cities. Birmingham witnesses 122 crimes per 1,000 inhabitants. Furthermore, the city is ranked by the National Statistics Office at the 1st place according to the annual number of possession of weapons crimes (4,300 cases).
From this viewpoint, you need to understand which Birmingham areas should be ignored while moving to the city, hoping for a safe and peaceful life.
Aston
The area is the home for Aston Villa, one of the most known English football teams. Violent crimes and burglaries are rather frequent on match days.
Handsworth
The area experiences an exceptionally high number of theft cases and anti-social behavior crimes.
Nechells
The statistics show that the Nechells area leads the city’s ranking of drug-related crimes and robbery cases.
Bottom Line: Birmingham is Among the Most Affordable and Comfortable UK Cities
Birmingham embodies the combination of historic charm and modern traits. Such a city offers a variety of amenities for affordable prices. With its proximity to London, Birmingham seems to be the best choice for young families looking for great prospects. The city offers a variety of areas for urban rhythm lovers, art connoisseurs, sports fans, etc.
