Affectionately known as the country’s ‘second city’, Birmingham is home to 1.1 million residents. Ideally located in the Midlands for those who travel the length and breadth of the country, Birmingham is perfect for professionals looking to further their career or families looking for somewhere new to call home.
With the perfect blend of leisure and business opportunities, there is always something happening in the city that boasts the Bull Ring, one of the biggest shopping centres in the UK. With local and international retailers on your doorstep, houses for sale in Birmingham property auctions are consistently popular amongst buyers.
Average House Price in Birmingham
The average house price in Birmingham is £155,000 which, when compared to London, is incredibly cheap when you consider the potential of the area. With the Midlands expanding into other cities such as Wolverhampton, Coventry and Worcester, Birmingham is the perfect gateway to many of the UK’s bustling cities.
In Birmingham, the cost of living is considerably cheaper compared to the metropolitan bubble, meaning that there is less pressure on professionals. When it comes to finding an area with suitable transportation links, affordable housing and a down-to-earth cost of living, to call Birmingham the second city would be unjust.
Top Birmingham Attractions
The Bull Ring shopping centre welcomes thousands of shoppers every day, while other local attractions such as Cadbury World, the National Sea Life Centre and Birmingham Botanical Gardens also welcome more than their fair share of visitors. The second city earns its name for being second only to London in what the city offers tourists, as well as local residents, whilst also boasting the largest postcode area in the UK.
On top of that, the city also houses two of English football’s biggest clubs with Birmingham City and former European champions Aston Villa. Rich in sporting heritage, Birmingham is the home of British Athletics, so if you are the kind that likes to keep active, there is no better place to be.
For a city so rich in culture, it is little surprise to learn about the host of famous names to come from the area. Media mogul Simon Cowell is arguably the most famous modern personality to have links to the area, while Lord of the Rings author J.R.R. Tolkien also has many links to the Midlands’ city.
The city is also home to many national museums and galleries, meaning that there is a wealth of culture to explore in the city, making property auctions in Birmingham one of our most popular features.
Demand for Birmingham Property
As Birmingham continues to grow, it means that the city is one of the areas in the UK that has seen large raises in house prices. With the average house price currently standing at £155,000, there is still much room for growth, especially when compared to the price of property in London.
When looking for a house for sale in Birmingham property auctions, there is the potential to make big savings on the average valuation, meaning that the buyer could potentially find an ideal family home at a cut price, or potentially make a sizeable profit following renovation.
What Happens When You Agree on a Price?
As soon as an agreement has been reached, with both parties coming to an agreed figure, the property is taken off the market for 28 days as the relevant arrangements are made. Once this has been finalised, the keys are then handed over to the buyer.
Without the need for lengthy checks and other red tape, as this is all taken care of through our registration process, the actual process of buying a home couldn’t be simpler.