Birmingham is on track to outperform London for house price growth

Birmingham is set to outperform London and other regional UK cities in house price growth forecasts over the next 5 years, according to insights published by Savillls. 

House prices in the West Midlands are expected to increase by 24.6% between 2026 and 2030, driven largely by the major regeneration projects being undertaken across the region since the announcement of HS2. 

This, combined with the relative affordability, growing job market, and major infrastructure investment compared to London, is driving population and house price growth, with young professionals moving from the capital further north. 

The city’s rental market has also performed strongly over the past few years. Average rents have risen by 37% over the past five years, with a further 14% forecast by 2030. Average apartment yields have increased from 4.5% in 2021 to 8.1% in 2026, placing Birmingham ahead of London and Manchester on this measure.

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