Imofolio

Birmingham · report

Past price cycles in Birmingham

Sale prices have fallen by 3% or more 3 times since 1995. The deepest began in September 2007.

Deepest fall
−17.4%
Recovery from the low
73 months

Prices in Birmingham and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Birmingham
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodBirminghamUnited Kingdom
Aug 2026541.1534.7
Jul 2026537.1532.9
Jun 2026534.9530.1
May 2026534.1533.1
Apr 2026536.0530.6
Mar 2026531.4526.0
Feb 2026529.5527.6
Jan 2026529.1526.4
Dec 2025536.9524.8
Nov 2025540.5529.6
Oct 2025543.4528.4
Sep 2025539.0527.8
Aug 2025533.0529.8
Jul 2025526.3526.5
Jun 2025527.9522.4
May 2025537.4517.1
Apr 2025539.0509.5
Mar 2025536.7524.8
Feb 2025531.1518.5
Jan 2025533.8518.8
Dec 2024535.7517.0
Nov 2024540.2518.0
Oct 2024536.6519.4
Sep 2024530.1518.4
Aug 2024526.3519.1
Jul 2024522.9514.0
Jun 2024521.8508.3
May 2024512.8506.3
Apr 2024509.7502.2
Mar 2024506.5499.5
Feb 2024511.9498.6
Jan 2024514.8501.2
Dec 2023517.9501.6
Nov 2023519.2505.9
Oct 2023521.5509.4
Sep 2023524.5511.7
Aug 2023520.9514.2
Jul 2023518.3511.4
Jun 2023512.6505.8
May 2023510.1503.9
Apr 2023516.2502.2
Mar 2023522.8501.1
Feb 2023535.2506.8
Jan 2023535.5511.0
Dec 2022539.0515.4
Nov 2022536.0519.5
Oct 2022533.7520.3
Sep 2022530.8520.3
Aug 2022522.8519.2
Jul 2022515.2514.8
Jun 2022508.3505.4
May 2022509.8499.4
Apr 2022510.4493.8
Mar 2022504.2488.0
Feb 2022495.0486.2
Jan 2022486.3485.7
Dec 2021478.1480.1
Nov 2021476.4477.7
Oct 2021472.8468.5
Sep 2021472.8480.5
Aug 2021480.6466.8
Jul 2021478.3453.1
Jun 2021477.5475.4
May 2021467.7451.4
Apr 2021469.7448.4
Mar 2021467.4455.2
Feb 2021458.5448.6
Jan 2021449.2447.3
Dec 2020442.5447.3
Nov 2020436.0443.9
Oct 2020433.6439.4
Sep 2020434.5435.7
Aug 2020430.1431.1
Jul 2020432.2426.9
Jun 2020423.9423.4
May 2020421.9417.6
Apr 2020413.3415.5
Mar 2020417.2419.7
Feb 2020421.7416.0
Jan 2020422.5418.4
Dec 2019420.2418.1
Nov 2019421.1418.7
Oct 2019424.5420.2
Sep 2019424.6421.3
Aug 2019421.6421.0
Jul 2019419.4419.6
Jun 2019420.1415.0
May 2019417.2413.2
Apr 2019417.9412.6
Mar 2019416.6409.7
Feb 2019422.9410.8
Jan 2019421.0411.8
Dec 2018422.2414.4
Nov 2018420.7415.3
Oct 2018418.3417.1
Sep 2018417.6417.5
Aug 2018410.5418.3
Jul 2018408.9417.0
Jun 2018405.3411.9
May 2018403.2409.2
Apr 2018400.8407.5
Mar 2018396.9403.7
Feb 2018400.0406.1
Jan 2018397.8405.0
Dec 2017398.4406.5
Nov 2017395.0404.9
Oct 2017397.1406.0
Sep 2017397.2405.7
Aug 2017396.1407.2
Jul 2017390.3405.4
Jun 2017383.6400.2
May 2017376.8396.8
Apr 2017374.5394.4
Mar 2017373.2388.3
Feb 2017375.7389.1
Jan 2017375.2388.3
Dec 2016371.0388.7
Nov 2016368.5388.0
Oct 2016367.6386.2
Sep 2016369.6387.5
Aug 2016367.5388.1
Jul 2016364.3388.1
Jun 2016360.1384.0
May 2016355.2380.4
Apr 2016351.1376.0
Mar 2016350.0374.6
Feb 2016346.6370.8
Jan 2016347.0370.6
Dec 2015342.9369.6
Nov 2015344.5368.4
Oct 2015343.6365.6
Sep 2015343.8365.1
Aug 2015339.6364.3
Jul 2015332.6361.0
Jun 2015328.2355.0
May 2015325.3352.3
Apr 2015325.6348.5
Mar 2015323.7345.5
Feb 2015322.9344.2
Jan 2015322.9343.9
Dec 2014324.9345.7
Nov 2014325.0344.9
Oct 2014325.4346.1
Sep 2014324.0346.6
Aug 2014323.5346.2
Jul 2014319.0342.2
Jun 2014315.5337.5
May 2014312.2334.6
Apr 2014307.8331.1
Mar 2014308.4323.9
Feb 2014307.6322.7
Jan 2014309.1321.4
Dec 2013307.6321.0
Nov 2013305.9318.1
Oct 2013306.6316.4
Sep 2013304.5317.7
Aug 2013303.7317.4
Jul 2013300.5314.9
Jun 2013295.8311.4
May 2013294.0308.9
Apr 2013292.2307.3
Mar 2013294.3304.3
Feb 2013295.5302.5
Jan 2013295.6302.5
Dec 2012295.2304.6
Nov 2012294.6305.3
Oct 2012294.9305.0
Sep 2012294.5307.2
Aug 2012295.8308.3
Jul 2012293.9307.9
Jun 2012293.5306.7
May 2012290.7303.8
Apr 2012293.4302.8
Mar 2012294.0299.3
Feb 2012293.1298.5
Jan 2012291.8299.3
Dec 2011290.0301.3
Nov 2011290.8302.6
Oct 2011292.7302.5
Sep 2011295.9305.8
Aug 2011294.7306.6
Jul 2011291.5306.4
Jun 2011289.9302.6
May 2011288.4302.1
Apr 2011289.2303.4
Mar 2011289.8298.8
Feb 2011295.1300.2
Jan 2011298.3301.8
Dec 2010301.4304.3
Nov 2010304.8304.9
Oct 2010306.6308.5
Sep 2010308.5312.0
Aug 2010306.4312.8
Jul 2010304.9312.8
Jun 2010301.2309.7
May 2010297.9308.2
Apr 2010295.9306.7
Mar 2010291.1302.8
Feb 2010294.7302.8
Jan 2010294.5302.1
Dec 2009298.7303.2
Nov 2009294.8301.2
Oct 2009292.5300.2
Sep 2009290.0298.2
Aug 2009283.8295.9
Jul 2009279.4293.0
Jun 2009274.4287.8
May 2009275.3285.0
Apr 2009277.4281.1
Mar 2009279.7278.6
Feb 2009281.6280.3
Jan 2009286.7283.6
Dec 2008294.2290.3
Nov 2008301.9294.8
Oct 2008304.6303.4
Sep 2008306.9309.6
Aug 2008310.4317.6
Jul 2008317.2324.4
Jun 2008321.2328.0
May 2008323.4332.4
Apr 2008324.6330.4
Mar 2008327.3329.8
Feb 2008330.3332.2
Jan 2008330.3335.1
Dec 2007329.8341.3
Nov 2007329.1341.8
Oct 2007331.3342.0
Sep 2007332.1342.8
Aug 2007331.1342.3
Jul 2007327.9340.4
Jun 2007328.9336.1
May 2007327.7332.5
Apr 2007327.7328.7
Mar 2007323.3322.2
Feb 2007321.8319.8
Jan 2007321.0318.8
Dec 2006319.7319.0
Nov 2006319.8315.0
Oct 2006318.0313.4
Sep 2006315.5311.6
Aug 2006313.4310.3
Jul 2006312.0307.7
Jun 2006311.8303.4
May 2006308.3300.5
Apr 2006305.9297.7
Mar 2006304.2291.4
Feb 2006307.2289.0
Jan 2006306.8288.6
Dec 2005305.2289.0
Nov 2005303.5287.4
Oct 2005302.8286.6
Sep 2005305.2287.1
Aug 2005303.5287.6
Jul 2005302.0286.4
Jun 2005299.7282.8
May 2005298.3280.6
Apr 2005297.9277.6
Mar 2005293.9273.7
Feb 2005293.8271.5
Jan 2005294.7271.7
Dec 2004298.2271.9
Nov 2004297.5273.9
Oct 2004295.4274.3
Sep 2004292.6272.3
Aug 2004289.5272.8
Jul 2004285.1269.7
Jun 2004282.0264.1
May 2004276.4259.5
Apr 2004271.1256.4
Mar 2004265.5245.3
Feb 2004266.2244.7
Jan 2004264.9247.1
Dec 2003262.1245.6
Nov 2003255.7240.9
Oct 2003253.5243.6
Sep 2003249.7239.4
Aug 2003247.5240.2
Jul 2003241.4236.0
Jun 2003239.6231.9
May 2003234.2231.4
Apr 2003231.7233.0
Mar 2003227.2227.6
Feb 2003223.7222.8
Jan 2003219.2225.2
Dec 2002212.6226.8
Nov 2002207.7219.5
Oct 2002202.2217.3
Sep 2002198.8215.7
Aug 2002193.6210.6
Jul 2002188.2206.0
Jun 2002181.4204.4
May 2002176.7196.4
Apr 2002171.5191.4
Mar 2002167.2188.9
Feb 2002164.1182.5
Jan 2002163.4176.1
Dec 2001163.6176.7
Nov 2001163.2176.7
Oct 2001163.1176.7
Sep 2001162.2180.3
Aug 2001160.1180.3
Jul 2001157.2180.3
Jun 2001155.8174.1
May 2001153.2174.1
Apr 2001150.6174.1
Mar 2001146.9168.0
Feb 2001145.5168.0
Jan 2001143.7168.0
Dec 2000142.0168.9
Nov 2000140.5168.9
Oct 2000139.7168.9
Sep 2000139.1164.0
Aug 2000137.2164.0
Jul 2000136.4164.0
Jun 2000134.8161.0
May 2000132.7161.0
Apr 2000129.6161.0
Mar 2000127.7152.6
Feb 2000128.7152.6
Jan 2000128.9152.6
Dec 1999129.2148.8
Nov 1999127.2148.8
Oct 1999127.0148.8
Sep 1999126.8145.1
Aug 1999126.4145.1
Jul 1999124.2145.1
Jun 1999122.0137.1
May 1999119.8137.1
Apr 1999118.1137.1
Mar 1999117.1131.5
Feb 1999116.5131.5
Jan 1999116.8131.5
Dec 1998116.0130.7
Nov 1998116.2130.7
Oct 1998116.9130.7
Sep 1998118.4131.3
Aug 1998119.0131.3
Jul 1998118.5131.3
Jun 1998116.9125.8
May 1998115.1125.8
Apr 1998113.1125.8
Mar 1998112.7119.5
Feb 1998113.0119.5
Jan 1998113.0119.5
Dec 1997112.0116.5
Nov 1997111.7116.5
Oct 1997111.8116.5
Sep 1997112.3117.4
Aug 1997111.2117.4
Jul 1997110.6117.4
Jun 1997109.7111.7
May 1997108.2111.7
Apr 1997107.4111.7
Mar 1997106.4109.5
Feb 1997106.8109.5
Jan 1997105.7109.5
Dec 1996105.4108.0
Nov 1996104.5108.0
Oct 1996105.0108.0
Sep 1996105.1106.2
Aug 1996105.3106.2
Jul 1996105.0106.2
Jun 1996103.4102.2
May 1996101.5102.2
Apr 1996100.4102.2
Mar 1996100.4102.1
Feb 1996100.9102.1
Jan 1996100.5102.1
Dec 1995101.4100.6
Nov 1995102.0100.6
Oct 1995103.6100.6
Sep 1995103.5102.0
Aug 1995104.5102.0
Jul 1995104.9102.0
Jun 1995104.0101.1
May 1995103.5101.1
Apr 1995102.5101.1
Mar 1995102.4100.0
Feb 1995101.6100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
July 1995March 1996−4.3%84
September 2007June 2009−17.4%2173
December 2022March 2024−6.0%158

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Birmingham

Sale prices have an 80% chance of landing between £229,506 and £258,017 by August 2027.

Expected, August 2027
£243,761
Chance of a rise
79%

At the average sale price, a home costs £234,867. With 10% down and a 30-year mortgage, the payment is £1,084 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
18%
Payment, one income
36%

Owning and renting the average home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,106
Owning per month
£1,106

38.0% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,950
Per 1,000 residents
1.7

Figures for United Kingdom: Birmingham has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population fell by 5,961 while 990 homes were finished.

Homes finished, 2025
990
Population change, 2025
−5,961

5.0% of the 446,291 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.0%
Empty homes
22,325

In 2025, 5% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
5%