If you’re thinking of buying a home in the Jewellery Quarter but not sure how much it will cost, then you’ve come to the right place. In this blog we will talk about house prices in this area of Birmingham. Also, a property valuation with us will give you an idea about your home value.
Through our property selling services offered in the area and across the West Midlands, Love Your Postcode has earned a strong reputation in the local market, becoming one of the Jewellery Quarter leading estate agents.
About the Jewellery Quarter, Birmingham
The Jewellery Quarter is an area of central Birmingham, situated in the northwestern part of the City Centre, with a population of around 19,000 people. It’s Europe’s largest concentration of businesses involved in the jewellery trade, and produces 40% of all the jewellery made in the UK. The area is now being transformed into an urban village and hub for creative businesses, whilst maintaining its urban fabric.
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What’s the average house price in the Birmingham City Centre?
Last year most property sales in Birmingham City Centre involved flats which sold for on average £189,111. Terraced properties sold for an average price of £257,783, while semi-detached properties fetched £205,000.
Birmingham City Centre, with an overall average price of £191,031, was similar in terms of sold prices to nearby Birmingham (£191,331), but was more expensive than Small Heath (£130,403) and cheaper than Edgbaston (£299,836).
During the last year, sold prices in Birmingham City Centre were similar to the previous year and 8% up on 2006 when the average house price was £176,419, says Rightmove.
The average price for property in Birmingham City Centre stood at £210,590 in October 2018. This is a fall of 0.87% in the last three months (since July 2018) and rise of 2.39% since 12 months ago. In terms of property types, flats in Birmingham City Centre sold for an average of £199,686 and terraced houses for £223,238. This is according to the current Zoopla estimates.
Love Your Postcode adopts a modern performance led approach to sell: advertising online, on property websites, digital billboards, social media, newspapers, lifestyle magazines, digital window displays & property particulars. We gives your home a maximum exposure online and offline, getting it more views from potential applicants. This means you end up with more money in your pocket and you enjoy a higher quality service.
Our Estate Agents in Birmingham give your home maximum exposure online & offline, getting it more views from potential applicants, therefore more offers, and ultimately the highest possible finishing value. This means you end up with more money in your pocket and you enjoy a higher quality service. Call us on 0800 862 0870 or book a free online property valuation today.