New figures reveal the cheapest streets to buy property in Birmingham.
According to the latest Land Registry figures, property prices in Birmingham have increased by 5.16% in last 12 months. The average price of a property in the city over the last year is £248,088.
Home sales company Property Solvers uses the Land Registry data to regularly track the average sold price for homes located across the country. Their figures, which were last updated in October 2023, includes streets across Birmingham and the city centre.
Using the data, we recently revealed the most expensive streets to buy property on in the city. But, which streets in the city are the cheapest?
The statistics can reveal the cheapest streets to buy a property on in Birmingham. Some of the streets have student properties, with others containing one bedroom flats and properties that are in need of renovation.
Below are the cheapest streets, postcodes and avenues in Birmingham and their average sale price, from lowest to highest.
The street names that are mentioned twice have different postcodes.
1. Lakedown Close, B14 5QY, Druids Heath
The average property price in Lakedown Close is £25,000
2. Bridge Road, B8 3TE, Saltley
The average property price for College House, Bridge Road, is £27,000
3. Nuthurst Road, B31 4SR, West Heath
The average property price for Nuthurst Road is £34,300
4. Farmoor Grove, B34 7LE, Shard End
The average property price for Farmoor Grove is £36,000