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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

Birmingham house prices expected to rise more than any UK city - report

House prices in Birmingham are expected to rise more than any city in the UK over the next five years, according to new research.

Property consultancy JLL said it was predicting that, over the next five years, the average value of a home in the city would rise by 4.9 per cent per year, with rental values rising by 2.8 per cent.

This would equate to a £500,000 home bought today, being valued at £635,000 or above come 2026.

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