The average property value in Solihull is £374,626 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Solihull grew by £45,240. Compare house prices by area
Average property prices in Solihull grew by 13.7% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.3% per year.
If prices in Solihull continue to rise by 4.3% a year, the average property price will be £443,154 in 2025.
There were 3,241 property sales in Solihull in the year ending June 2021, an increase of 534 when compared to the previous year.
The average price for a house in Solihull ranges from £252,436 for a terraced house to £570,740 for a detached house, with semi-detached in between costing on average £322,437.
The average price for a flat or maisonette in Solihull is £203,341.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Solihull, terraced house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 43.6% from £397,467 to £570,740, semi-detached house prices have risen 54.7% from £208,395 to £322,437, terraced house prices have risen 54.8% from £163,125 to £252,436, and flat prices have risen 38.0% from £147,335 to £203,341.
The most common type of property sold in Solihull during the year ending June 2021 was semi-detached houses, which accounted for 38.7% of properties.
The least commonly available type of property sold in Solihull were flats, which account for 12.9% of properties sold.
Of the properties sold in Solihull during 2021, 1.6% were new build properties.
The average price paid for a new build property in Solihull was £46,721 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (64% of new build properties sold). For existing properties, the most common type is semi-detached houses (38% of existing properties sold).
The most common price band for property sales in Solihull is £200k - £300k, which accounted for 19.6% of properties sold in 2021.
1.2% of properties in Solihull had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Solihull were in the £50k - £100k price bracket, accounting for 1.0% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics