logo
Birmingham's 8 most exclusive streets where mansions cost over £1 million

Birmingham's 8 most exclusive streets where mansions cost over £1 million

Yahoo21-06-2025
These are the Birmingham streets where houses don't come cheap.
For most ordinary folk, securing a property round here is out of the question - you have to be pretty rich to live in these parts.
The eight most expensive streets in the city have been named, based on average sales prices.
READ MORE: The violent Midlands streets where most serious crimes happen as hotspots named
Get our local newsletters like Black Country News, MySolihull and MySuttonColdfield straight to your inbox
Large gated properties sell for over £1 million on Birmingham's poshest streets, where the richest residents like to get away from the noise and hustle and bustle of the rest of the city.
The leafy streets of Edgbaston, Harborne and Moseley are where homes cost the most.
This won't come as a surprise to most Brummies, with these areas regarded as some of the most affluent in the city.
Taking the title of the 'poshest' street in Birmingham is Westfield Road in Edgbaston.
Typical homes there sell for an eye-watering £1.67 million.
Wellington Road and Sir Harrys Road, also in Edgbaston, aren't far behind on the list.
Birmingham's most expensive streets
Westfield Road, Edgbaston - £1.67m
Wellington Road, Edgbaston - £1.64m
Sir Harrys Road, Edgbaston - £1.6m
Carpenter Road, Edgbaston - £1.55m
St Mary's Road, Harborne - £1.28m
Frederick Road, Edgbaston - £1.27m
Fitz Roy Avenue, Harborne - £1.08m
St Agnes Road, Moseley - £1m
Experts analysed sales data over the last four years to deliver average street-by-street property prices.
Sales are fairly rare in these areas, only a handful since 2020.
That's perhaps not surprising as only a select few individuals will be able to afford houses round here, while residents may be content and unlikely to leave very often.
Land Registry data was analysed by sales company Property Solvers.
They said: "On Westfield Road (B15), three properties sold for an average of £1,673,333.
"Wellington Road (B15), three properties sold for an average of £1,643,333.
"Also, Sir Harrys Road (B15) saw three properties sell for an average of £1,602,000."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CapitaLand Investment's Profit Slumps Amid Struggle to Divest
CapitaLand Investment's Profit Slumps Amid Struggle to Divest

Bloomberg

time24 minutes ago

  • Bloomberg

CapitaLand Investment's Profit Slumps Amid Struggle to Divest

CapitaLand Investment Ltd. saw its first-half profit plunge, as the Singapore-based real estate investment manager continued to grapple with asset divestments amid global uncertainty, subdued deal-making, and persistent headwinds in key markets such as China. The firm, backed by state investor Temasek Holdings Pte, reported net income of S$287 million ($224 million) for the six months ended June 30, down 13% from a year earlier. Revenue fell 24% to S$1.04 billion, although it slightly beat a S$1.03 billion average of two analysts' estimates compiled by Bloomberg.

How proptech is driving financial inclusion
How proptech is driving financial inclusion

Fast Company

time2 hours ago

  • Fast Company

How proptech is driving financial inclusion

The fastest-growing group of real estate investors? They're not hedge funds or institutional investors. They're nurses, teachers, NASA engineers, and first-time landlords with a smartphone. In recent years, 85% percent of investor-owned residential properties were purchased by small scale 'mom and pop' landlords, rather than institutional players. Thanks to property technology, investors no longer need deep pockets, a finance degree, or a ton of spare time to start building a real estate business. Real estate has long been one of the most capital-intensive, time-consuming, and difficult asset classes to break into. But proptech is dismantling many of the long-standing barriers that once kept many people out, redefining who gets to invest, who gets to earn, and who gets to build wealth from real estate. Just as fintech became essential infrastructure for financial inclusion, proptech is democratizing real estate investing through smart, values-aligned innovation. Time is no longer the gatekeeper In the past, investing in real estate meant navigating a maze of manual tasks—collecting paper checks, coordinating maintenance by phone (often in the middle of the night), and tracking expenses with pen, paper, and shoeboxes. The time commitment required wasn't feasible for most people. Today, modern software platforms automate and centralize nearly every step of the process. Automated five-pronged tenant screening tools deliver instant background and credit checks. Lease agreements can be generated digitally and signed online. Rent is collected automatically via mobile apps. And maintenance requests flow through clean, trackable dashboards that dispatch vetted local pros without bothering the owner at odd hours. That kind of automation has opened the doors to investors who once felt priced out—not financially, but in terms of time and attention. I've seen it firsthand. One landlord and long-time RentRedi user, a NASA engineer named Dawid, manages his real estate business in the evenings and on weekends while continuing to work in aerospace. Proptech makes it possible to treat real estate like a side hustle, rather than a full-time obligation. Financial barriers are no longer the dealbreaker There's no denying it: The financial hurdles to buying property have grown steeper. Home prices are high. Interest rates have increased. For many aspiring investors, the traditional path to ownership feels out of reach. But while the barrier itself has risen, proptech is helping people find strategic ways to overcome it. Digital tools are making creative income strategies—like renting out space or co-owning properties—more accessible and easier to manage than ever before. By generating income from day one, many of these strategies reduce the amount of personal capital needed to cover costs. That means investors can start smaller, take on less risk, and enter the market more affordably. The result? A new wave of homeowners and investors who are building wealth one step at a time. Creative property monetization: Turn space into income Even without renting to long-term tenants, homeowners can generate meaningful income from underutilized parts of their property. Proptech platforms make it easy to list, manage, and monetize these spaces, turning idle square footage into opportunity. One of the most rapidly growing real estate trends is accessory dwelling units (ADUs). These are separate, self-contained structures on a residential lot (often detached in backyards or converted from existing garages) that can be rented out for short- or long-term stays. Creative models can lower the financial strain of ownership and allow people to begin investing in real estate incrementally, without the need for multiple properties or large upfront capital. Scale without the traditional infrastructure For investors who start small—whether through co-ownership, or a single rental unit—scaling is traditionally the next big hurdle. Growing a real estate portfolio used to require hiring property managers, assembling in-house teams, or outsourcing to expensive service providers. The overhead alone made it difficult to expand without deep pockets or significant infrastructure. That's no longer the case. Today, an individual with the right property management software can manage 1, 10, 50, even 100 units independently. Operations that once required a staff can now be handled from a mobile dashboard in minutes. Investors can grow their portfolios incrementally without sacrificing their full-time careers or quality of life. Another customer, Katherine, is a pediatric ICU nurse who wanted to create passive income for retirement. She started with three units and has since expanded her portfolio to eight units in just three years, managing it alongside her demanding healthcare schedule. These aren't isolated success stories—they're part of a growing trend. Proptech means real estate investing can become something people can build around their lives. The tools once reserved for big players are now in the hands of everyday investors. This shift lowers structural barriers for underrepresented groups. Young, minority, and female investors who have historically faced the steepest entry points are now scaling businesses with little more than a smartphone and a solid strategy. A new era of inclusive real estate investing What fintech did for Wall Street, proptech is doing for Main Street real estate. It's unlocking ownership, income, and long-term financial opportunity for more people in more places, with fewer of the barriers that once made real estate the domain of the already-wealthy. As more people access real estate as a means to build wealth, proptech helps reshape who owns housing in America—and how that ownership affects communities, families, and futures. This is more than convenience. It's a structural change and the beginning of a more inclusive, more entrepreneurial economy.

Why the latest inflation data gives investors a reason to smile
Why the latest inflation data gives investors a reason to smile

Yahoo

time3 hours ago

  • Yahoo

Why the latest inflation data gives investors a reason to smile

This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Good morning. Ever considered investing in real estate? You might already have a big piece of what you need. "House hacking" is a new strategy homeowners are using to kick-start their rental portfolios. In today's big story, the latest inflation data gave investors a reason to feel upbeat about what's coming next. What's on deck: Markets: Why day traders' summer dominance could be hit with a September chill. Tech: Microsoft is dangling multimillion-dollar offers to poach Meta's AI talent. Business: Taylor Swift used to separate business from her love life. Not anymore. But first, the rally big story A best-case scenario Not too hot, not too cold — this was just right. The latest inflation report struck a good balance, delivering a best-case scenario for the stock market. The S&P 500 closed at a record high on Tuesday, while the Nasdaq rose over 1% and the Dow spiked nearly 500 points. US stock futures are continuing the climb this morning. The consumer price index rose 2.7% year-over-year in July, below economists' expectations of 2.8%. The figures may seem marginal, but for markets, this was the sweet spot. That's largely because it was likely low enough to allow the Federal Reserve to cut rates at its September meeting, BI's William Edwards writes. At the same time, the inflation reading was high enough to ease recession fears that had flared after the disappointing July jobs report, which included significant downward revisions to previous data. (The report rattled more than just economists — Trump promptly fired Bureau of Labor Statistics director Erika McEntarfer after the data was released.) Meanwhile, the latest inflation report opens up more positive possibilities. The CME FedWatch Tool now shows markets seeing 92% odds the Fed cuts rates by 25 basis points next month, up from about 80% on Monday. Higher odds are also now being priced in for cuts in October and December. For Trump, rate cuts can't come soon enough. "Jerome 'Too Late' Powell must NOW lower the rate. Steve 'Manouychin' really gave me a 'beauty' when he pushed this loser. The damage he has done by always being Too Late is incalculable." Writing in a Truth Social post early Tuesday, Trump said that he is also "considering allowing a major lawsuit against Powell to proceed" over the "grossly incompetent" job he's done renovating the Federal Reserve. This is the latest twist in Trump's feud with the Fed Chair, which seems to remain in an uncomfortable phase. The markets, at least, may be entering a brighter one. 3 things in markets 1. America's biggest bank is about to open its new headquarters. JPMorgan Chase's new 60-story skyscraper at 270 Park Avenue is full of high-end perks and amenities. The building includes a "state-of-the-art" gym — which the bank said employees will have to pay a membership fee to access — an Irish pub, AI tech systems, and more. Take a look. 2. A September showdown may be looming. Day traders outperformed professional money managers this summer, but their dominance might not last long. A historically seasonal pullback in retail trading and other headwinds threaten to upend the summer-long rally. 3. Trump's pick for Bureau of Labor Statistics chief suggested pausing US jobs reports. E.J. Antoni, Trump's nominee and chief economist at the Heritage Foundation, floated the idea on Fox News Digital earlier this month, citing accuracy concerns. Economists and market strategists told BI that such a move would be damaging for investors and economic planners. 3 things in tech 1. Microsoft has Meta AI talent in its sights. The software giant has a list of its most-wanted researchers and engineers from Meta and has already begun offering multimillion-dollar pay packages, documents viewed by BI's Ashley Stewart reveal. It's a step to compete with the eye-popping comp Microsoft's rivals are offering in the AI talent wars. 2. AI coding startups have an inference whale problem. Anthropic and Cursor are facing surging costs from a handful of heavy users, which is eating into their business models. As a result, they're introducing tiers or rate limits to what was formerly a basic fixed-price monthly subscription plan. 3. Baconator with a side of AI? Michael Chorey, the executive responsible for building out the AI automation for Wendy's drive-thru, which he says can take orders faster than a human in a headset, is leaving after five years. Chorey exclusively told BI that he is joining Presto, a tech company developing AI-first drive-thrus, which he believes is the next era of fast-food hospitality. 3 things in business 1. To solve the housing crisis, think outside the bounds. Outside the city bounds, that is. Ned Resnikoff argues that connecting cities, towns, and suburbs into large regional governances would make it easier and cheaper to buy a home in the US. Taxes from exclusive enclaves, like Greenwich, Connecticut, or Sausalito, California, would help support nearby cities. 2. Taylor Swift is in her boyfriend era. The pop star hard-launched the title of her newest album, "The Life of a Showgirl," in a teaser clip of her boyfriend Travis Kelce's podcast. It signals a shift in her marketing strategy, where she's putting her S.O. and her relationship front and center. 3. You've heard of quiet quitting, now get ready for quiet cracking. The latest threat to worker engagement is quiet cracking, in which people show up to work and do their jobs but still feel dissatisfied. Some of the warning signs can look like less extreme symptoms of burnout, EY's chief well-being officer told BI. In other news The DIY cage armor in Ukraine keeps getting weirder, wilder — and more 'Mad Max.' Spirit Airlines warns it may not survive another year after huge losses. A former Miss USA and Miss Teen USA thought the Miss Universe CEO's 'blond hair and blue eyes' comment was 'very destructive.' Elon Musk said Apple made it 'impossible' for non-ChatGPT AI apps to top the App Store. DeepSeek would like a word. Senate Democrats say a new crypto bill raises the risk of 'financial meltdown.' What's happening today Harvey Weinstein is sentenced in Manhattan after a jury convicted him on one count of sexual assault in a retrial. Hallam Bullock, senior editor, in London. Grace Lett, editor, in New York. Meghan Morris, bureau chief, in Singapore. Akin Oyedele, deputy editor, in New York. Amanda Yen, associate editor, in New York. Lisa Ryan, executive editor, in New York. Dan DeFrancesco, deputy editor and anchor, in New York (on parental leave). Read the original article on Business Insider Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store