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A look at the property market in Kingstanding

January 30, 2016

Located just north of Birmingham, Kingstanding is a growing residential area.

Home to a population of 25,702 (2001 Population Census), Kingstanding is a ward in the Erdington council constituency, and is home to properties in the B44 postcode. As Birmingham becomes a more popular destination for students and young professionals, local property prices have risen.

In order to enjoy nearness to this vibrant economic hub without paying high city prices, many people are looking to local areas that provide fast and easy connectivity without the high price tags – such as Kingstanding.   This largely residential area is situated in the middle of a triangle made up of Birmingham, Walsall, and Sutton Coldfield. Property prices here are competitive compared with these local markets, making it an especially popular choice with first-time buyers. Although a relatively quiet area in it’s own right, Kingstanding is close enough to Birmingham and other hubs of the midlands to still offer buyers plenty of excellent deals.  

Kingstanding’s housing market emerges as strong contender

With the average price of property in England now at a record high of £300,000, Kingstanding provides buyers significant value for money. Rightmove lists the average price of property here as being £115,904, a figure substantially less than the overall average in Birmingham (£122,603) and nearby local areas such as Great Barr (£146,888) and Boldmere (£240,023). Overall sold prices in Kingstanding over the last year were up 4 per cent year-over-year, but they remain just under the peak 2007 level of £119,303. Over the past 12 months, prices have risen by an average of £6,239 (Zoopla), and over the past 5 years, the total value change has been £17,262, or a rate of 17.85 per cent. Indeed, there’s a strong case to be made for property investment in Kingstanding. With great local amenities, large properties at competitive prices and relative nearness to Birmingham (the city centre is a 30-minute drive away), this part of the suburban area is proving attractive to investors. Semi-detached and terraced properties are the most common in Kingstanding, although there are some flats available too. The area is traditionally popular with family homebuyers, something reflected in the local amenities available, but the proximity to Birmingham has seen a number of professionals express interest in the area as well owing to the relative affordability of accommodation here.

Strong market fundamentals abound in Kingstanding  

The A34 and M6, two major road links, are on the doorstep in Kingstanding. This provides fantastic connectivity into not only central Birmingham, but also other nearby cities and places of interest as well. There are two libraries and several local places of worship, and many green parks and lakes surrounding the area. There is a local ALDI along with some nearby shops, restaurants and pubs, meaning local residents do not necessarily have to travel into larger local areas such as Sutton Coldfield for shopping or leisure activities. The campus for the Birmingham Metropolitan College is situated here, while the Birmingham City University is just 8 minutes away via Kingstanding Road (the B4128). Erdington Train Station is the nearest train stop, located on the Redditch-Birmingham New Street-Litchfield Cross-City line. The Fort Shopping Park is a popular close-by retail centre filled with high street shops and restaurants, while the Star City Leisure Complex is just 15 minutes away. Here, families can avail of activities such as bowling and mini-golf, yet another reason this neighborhood proves popular with buyers that have children. Great Barr School, the largest single-site school in the country, is just a few minutes away. Along with many other primary and secondary schools, families can make the most of several nearby parks and recreation spaces, including the Walmley Golf Club. Sutton Park, the seventh biggest urban park in Europe, is also located in Kingstanding. With all of this available locally, and the opportunities and amenities of Birmingham just a short drive away, Kingstanding has plenty to offer homebuyers, tenants and investors. If you are contemplating moving into the area and want some expert assistance with your property hunt, get in touch with us at HenleyCharles.com to find out more about how we can help.

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