Richest & Most Expensive Areas In Birmingham- 2024

Most Expensive Areas In Birmingham

July 25, 2024

Birmingham, England’s second-largest city, has several neighbourhoods, each with unique charm and character. Amidst its culture and cityscape, Birmingham is also home to some of the region’s most desirable and affluent residential areas. Birmingham’s homes range from old Victorian houses to new luxury apartments, offering a mix of historic charm and modern comfort. In this blog, we will explore the most expensive areas in Birmingham, the factors influencing property prices, and what prospective residents can expect from these exclusive neighbourhoods

7 Most Expensive Areas In Birmingham 

Certain neighborhoods have emerged as particularly desirable, attracting affluent residents with their unique blend of amenities, quality housing, and exclusive lifestyles. This section will explore the seven most expensive areas in Birmingham, providing insight into what makes these neighborhoods so coveted.

Solihull 

Image Source: Visit Solihull Website 

Solihull is considered one of the most expensive areas in Birmingham. Below are a few points that make Solihull stand out as one of the most affluent areas.  

  • As the largest town and administrative centre of the Metropolitan Borough of Solihull, it features a blend of historic architecture, parks, and gardens alongside modern entertainment and shopping destinations. 
  • The town’s desirable suburban lifestyle, strong economy, and excellent amenities result in high demand and prices in the local housing market.
  • It is home to major companies like Jaguar Land Rover and has an economy focused on manufacturing, technology, and professional services.
  • This area also offers a high quality of life, good schools and an attractive environment.  
Property TypeAverage Price (£)
Overall Average£354,746
Semi-detached Homes£345,687
Flats£195,339
Detached Homes£653,476

Harborne

Image Source: Trip Advisor Website 

Harborne is an affluent suburb located about 3 miles southwest of Birmingham city centre in the West Midlands region of England. Known for its high quality of life, Harborne is one of Birmingham’s most desirable areas,  with a population of around 26,000. Manufacturing, professional services, and retail industries drive the local economy. 

The Harborne High Street is a commercial hub, offering a delightful mix of independent shops, restaurants, cafes, and pubs. With its top-rated schools, safe locality and close-knit community, this area is perfect for families.

Property TypeAverage Price (£)
Overall Average£290,609
Semi-detached Homes£310,448
Terraced Homes£261,346
Flats£147,334

Bournville

Image Source: The Spectator Website 

Bournville is known for its chocolate heritage, founded in the late 19th century by the Quaker Cadbury family. Here are some key points that make Bournville one of the most desirable areas in Birmingham:

  • Bournville is renowned for its high-quality, low-density housing, extensive green spaces, and distinctive Arts and Crafts architecture.
  • The village encourages a strong sense of community. 
  • It has been recognised as one of the “nicest places to live in Britain” due to its exceptional quality of life and environment.
  • The area boasts excellent schools, expansive parks, and a safe environment, perfect for raising a family.
  • Easy train links to Birmingham’s bustling city centre add to its appeal, offering convenience.
Property TypeAverage Price (£)
Overall Average£282,381
Semi-detached Homes£305,128
Terraced Homes£262,112
Flats£131,086

Yardley Wood

Image Source: Houses For Sale To Rent

Yardley Wood is a residential area in Birmingham, UK, located in the B28 postcode district.

The area is home to several educational institutions, including Yardley Wood Community Primary School, and Highters Heath Community School. Yardley Wood is characterised by its residential appeal, community amenities, and good transport links, making it a desirable location for families and individuals looking to settle in Birmingham.

Property TypeAverage Price (£)
Overall Average£240,231
Flats£172,465
Terraced Homes£295,874 
Semi-detached Homes£344,041

Edgbaston

Image Source: Booking Website 

Edgbaston, situated just southwest of Birmingham city centre in the West Midlands region, stands out as one of the city’s most affluent and covered areas. Known for its rich history, academic institutions, expansive green parks, and elegant residential quarters, Edgbaston offers a blend of cultural heritage and modern sophistication. 

The area is mainly celebrated for its iconic cricket ground and esteemed universities, adding to its prestige. With its proximity to the bustling city centre and reputation for a high quality of life, Edgbaston consistently ranks among the most desirable locales in the West Midlands. Additionally, Edgbaston is home to a wealth of prestigious schools, enhancing its appeal as an ideal neighbourhood for families seeking educational excellence.

Property TypeAverage Price (£)
Overall Average£317,964
Flats£211,185
Terraced Homes£289,012
Semi-detached Homes£370,320

Westside 

Image Source: Expedia Website 

Westside, located within the B15 postcode area of Birmingham, is a lively and dynamic part of the city known for its mix of residential and commercial properties. The area is centrally located, making it convenient for access to Birmingham City Centre, with close proximity to amenities such as The Mailbox, a popular shopping and entertainment complex. 

Westside benefits from excellent transport links, with nearby train stations providing easy access to other parts of Birmingham and beyond. Westside features a variety of properties, including modern apartments and lofts. 

Property TypeAverage Price (£)
Overall Average£200,000 
Terraced Homes£250,000 
Semi-detached Homes£250,000 

Hollywood 

This place is situated to the south of Birmingham city centre, near the border with Worcestershire. Hollywood underwent significant post-war development, transforming fields and farms into housing estates, schools, and shops. The area retains some open spaces, including the Hollywood Golf Club.

This area is one of the most expensive areas in Birmingham. Hollywood features community facilities centred around local schools, including Woodrush High School and Coppice Primary School. The area is also home to the Packhorse public house and various recreational facilities. This place is perfect for growing families and people looking to live in a posh yet peaceful location. 

Property TypeAverage Price (£)
Overall Average£393,005
Flats£172,465
Terraced Homes£295,874
Semi-detached Homes£344,041

5 Most Expensive Roads In Birmingham  

Birmingham is known for some of England’s most prestigious and aesthetic areas. Certain roads stand out for luxury, exclusivity, and high property values. We have given Birmingham’s five most expensive roads, exploring what makes these streets so coveted and desirable. 

Street NameAreaPostcodeAverage Price (£)Features 
Carpenter RoadEdgbastonB15£3,087,500– Known for its upscale, leafy character.
– Features a mix of classic period architecture and modern builds.
– Large, detached homes with substantial living spaces and private grounds.
Wellington RoadEdgbastonB15£2,603,250-Located in affluent Edgbaston, which is leafy and upscale.
-Large homes with multiple bedrooms and expansive grounds.
-Grand period homes reflecting Edgbaston’s elite history.
Woodbourne RoadHarborneB17£2,480,000-Upscale living with large, detached homes.
-Desirable street with classic and modern architecture.
-Ideal for families seeking a quiet, vibrant suburb.
Ladywood RoadSutton ColdfieldB74£2,236,666-Large, high-value detached houses.
-Period details: oversized doors, oak beams, grand fireplaces.
-Exclusive, high-end residential street in Sutton Coldfield.
Farquhar RoadEdgbastonB15£2,150,000-Upscale residential area in Edgbaston.
-Prestigious, high-value detached homes.
-Exclusive, high-end neighbourhood with significant architecture.

Factors Influencing Property Prices in Birmingham

The property prices in Birmingham can vary significantly depending on many factors. Understanding these factors is crucial for both buyers and sellers. Below, we explore some key elements that influence property prices in Birmingham:

Birmingham has several luxurious neighbourhoods, each offering unique features and attractions. Whether you are drawn to the historic charm of Edgbaston, the beautiful community in Harborne, or the modern vibe of the city centre, Birmingham’s most expensive areas cater to a range of preferences and lifestyles. Despite the higher cost of living in these locations, they provide a blend of convenience, culture, and comfort that justifies the investment. If you are considering a move to Birmingham and looking for an upscale living experience, these neighbourhoods are undoubtedly worth exploring.

FAQs 

1. What is the wealthiest area in Birmingham?

Bournville, Solihull, Edgbaston and Harborne are some of the wealthiest areas in Birmingham.

2. What are the best areas to live in Birmingham?

Moseley, Edgbaston, Harborne, Sutton Coldfield, and Kings Heath are some of Birmingham’s most desirable neighbourhoods, each offering a unique charm and an exceptional quality of life.

3. Where do rich people hang out in Birmingham?

Sobar, with its distinct Far Eastern theme, is one of Birmingham’s most exclusive clubs, nestled in the charming Arcadian area.

4. Is Birmingham a friendly city?

Friendly and welcoming Birmingham offers everything you could want from a city at a lower cost than London.

5. What is the cheapest area to live in Birmingham?

If you are looking for affordable living in Birmingham, consider Perry Barr (B42), Northfield (B31), Nechells (B7), Winson Green (B18), Castle Vale (B35), and Aston (B6). These areas are ideal for those on a budget.

We hope you found this blog informative and engaging. For more such interesting reads click on the links below. 

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