<p>The redevelopment of the former wholesale market at Birmingham Smithfield is one of UK&rsquo;s largest city centre regeneration projects. The former Birmingham City University campus is also being developed to provide an Athlete&rsquo;s Village for the
2022 Commonwealth Games.</p>
<p>However, political headwinds have stifled that growth story somewhat. This has left some sectors of the residential market presenting more inviting opportunities than others.</p>
<p>&nbsp;</p>
<button id="btn-1" class="Button primary">Download Report</button>

Residential Forecasts: West Midlands

thumbnail

neighborhood-watch-paddington

The Birmingham City Centre housing market is expected to perform strongly over the next five years with several notable catalysts for change.

Twitter

twitter

Facebook

facebook

LinkedIn

linkedin

https://res.cloudinary.com/jll-global-olm-np/image/upload/v1569580547/resi/gb/cms/Research/Images/Residential_Forecasts-_West_Midlands.jpg

<p>The combination of an affluent community, vibrant atmosphere, proximity to nature, high-income households and good transport links suggests that house prices and rents are likely to remain strong in the Ascot area. The area is also growing as a commuter
    location, with a huge inflow of residents over the past few years, the majority moving from the surrounding boroughs, however we have also seen with an increase in buyers moving from four London Boroughs accounting for 10% of total inflow of residents.
</p>
<p>Over the last year house prices in Ascot have outperformed the wider region, with the average house price sitting at &pound;734,986, more than double the Southeast average of &pound;383,392. Ascot is also home to a number of high-income households, with
    10.8% of households in Windsor and Maidenhead earning over &pound;100,000 per annum.</p>
<p>Whilst the rental market is set to remain competitive, with limited stock keeping prices level. Ascot recorded a year-on-rear rental growth of 11.2% and 43% rental growth over the last five years, again sitting higher than the south east.</p>
<h3>So why invest?</h3>
<ol>
    <li><strong>Education</strong> &ndash; Home to renowned private and state schools such as Eton College, attracting a large number of families into the area.</li>
    <li><strong>Connectivity </strong>&ndash; Excellent travel links provide convenient access to London and for international travel, making it the perfect place for commuters wanting to get to key employment hubs and beyond.
    </li>
    <li><strong>Amenities</strong> &ndash; Vibrant atmosphere, with an abundance of sporting facilities, entertainment venues, shops, and high-end restaurants locally.</li>
    <li><strong>Royal Heritage and Nature</strong> &ndash; Steeped in Royal history from the world&rsquo;s prestigious Royal Ascot to the wider Windsor Castle all set within the abundant and beautiful surrounding landscapes providing opportunities for outdoor
        activities, relaxation, and cultural exploration.
    </li>
    <li><strong>Strong Statistics</strong> &ndash; Strong rental and sales growth that is set to continue, with more residents moving into the area yearly.</li>
</ol><iframe src="https://flo.uri.sh/visualisation/17305774/embed" title="Interactive or visual content" class="flourish-embed-iframe" frameborder="0" scrolling="no" style="width:100%;height:500px;padding-top:2%;" sandbox="allow-same-origin allow-forms allow-scripts allow-downloads allow-popups allow-popups-to-escape-sandbox allow-top-navigation-by-user-activation"></iframe>

Investing in Ascot

jll-who-will-be-hardest-hit-by-the-end-multiple-dwellings-relief[1]

https://res.cloudinary.com/jll-global-olm-np/image/upload/v1711440043/resi/gb/cms/Research/Images/jll-investing-in-ascot.jpg

Who will be hardest hit by the end of multiple dwellings relief?

https://res.cloudinary.com/jll-global-olm-np/image/upload/v1712043278/resi/gb/cms/News/Images/jll-who-will-be-hardest-hit-by-the-end-multiple-dwellings-relief.jpg

Residential Roundup 22 March

jll-roundup-march-22[1]

https://res.cloudinary.com/jll-global-olm-np/image/upload/v1711946633/resi/gb/cms/News/Images/jll-roundup-march-22.jpg

New Development’s Outside of London: Ascot

nick-whitten stamp

https://res.cloudinary.com/global-cms-assets-np/image/upload/v1710418839/resi/gb/Articles/Images/AdobeStock_616418311.jpg

Site Settings[Updated]

Pride Banner

UK Contacts

title="Price"
metric="£"
type="minmax"
name="Price"
order=1

[min]
[min.0]
label="£0"
value=0
[min.1]
label="£1,000 pcm"
value=1000
[min.2]
label="£2,000 pcm"
value=2000
[min.3]
label="£3,000 pcm"
value=3000
[min.4]
label="£4,000 pcm"
value=4000
[min.5]
label="£5,000 pcm"
value=5000
[min.6]
label="£6,000 pcm"
value=6000
[min.7]
label="£7,000 pcm"
value=7000
[min.8]
label="£8,000 pcm"
value=8000
[min.9]
label="£9,000 pcm"
value=9000
[min.10]
label="£10,000+ pcm"
value=10000
 
[max]
[max.0]
label="£0"
value=0
[max.1]
label="£1,000 pcm"
value=1000
[max.2]
label="£2,000 pcm"
value=2000
[max.3]
label="£3,000 pcm"
value=3000
[max.4]
label="£4,000 pcm"
value=4000
[max.5]
label="£5,000 pcm"
value=5000
[max.6]
label="£6,000 pcm"
value=6000
[max.7]
label="£7,000 pcm"
value=7000
[max.8]
label="£8,000 pcm"
value=8000
[max.9]
label="£9,000 pcm"
value=9000
[max.10]
label="£10,000+ pcm"
value=1000000

Rent - Price

Price

title="Price"
metric="£"
type="minmax"
name="Price"
order=1

[min]
[min.0]
label="No Min"
value=""
[min.1]
label="£100,000"
value=100000
[min.2]
label="£200,000"
value=200000
[min.3]
label="£300,000"
value=300000
[min.4]
label="£400,000"
value=400000
[min.5]
label="£500,000"
value=500000
[min.6]
label="£600,000"
value=600000
[min.7]
label="£700,000"
value=700000
[min.8]
label="£800,000"
value=800000
[min.9]
label="£900,000"
value=900000
[min.10]
label="£1,000,000"
value=1000000
[min.11]
label="£2,000,000"
value=2000000
[min.12]
label="£3,000,000"
value=3000000
[min.13]
label="£4,000,000"
value=4000000
[min.14]
label="£5,000,000+"
value=5000000

[max]
[max.0]
label="No Max"
value=""
[max.1]
label="£100,000"
value=100000
[max.2]
label="£200,000"
value=200000
[max.3]
label="£300,000"
value=300000
[max.4]
label="£400,000"
value=400000
[max.5]
label="£500,000"
value=500000
[max.6]
label="£600,000"
value=600000
[max.7]
label="£700,000"
value=700000
[max.8]
label="£800,000"
value=800000
[max.9]
label="£900,000"
value=900000
[max.10]
label="£1,000,000"
value=1000000
[max.11]
label="£2,000,000"
value=2000000
[max.12]
label="£3,000,000"
value=3000000
[max.13]
label="£4,000,000"
value=4000000
[max.14]
label="£5,000,000+"
value=1000000000

Sale - Price

title="Bedrooms"
metric="bedrooms"
type="minmax"
name="bed"
order=2

[min]
[min.0]
label="No Min"
value=""
[min.1]
label="Studio"
value=0
[min.2]
label="1 bedroom"
value=1
[min.3]
label="2 bedrooms"
value=2
[min.4]
label="3 bedrooms"
value=3
[min.5]
label="4 bedrooms"
value=4
[min.6]
label="5 bedrooms"
value=5
[min.7]
label="6 bedrooms"
value=6
[min.8]
label="7 bedrooms"
value=7
[min.9]
label="8+ bedrooms"
value=8

[max]
[max.0]
label="No Max"
value=""
[max.1]
label="Studio"
value=0
[max.2]
label="1 bedroom"
value=1
[max.3]
label="2 bedrooms"
value=2
[max.4]
label="3 bedrooms"
value=3
[max.5]
label="4 bedrooms"
value=4
[max.6]
label="5 bedrooms"
value=5
[max.7]
label="6 bedrooms"
value=6
[max.8]
label="7 bedrooms"
value=7
[max.200]
label="8+ bedrooms"
value=200

Bedrooms

title="Property Type"
metric="propertyType"
type="select"
name="type"
placeholder="Any Type"
order=3

[[options]]
label="Any Type"
value=""
[[options]]
label="Flats"
value="flats"
[[options]]
label="Houses"
value="houses"
[[options]]
label="Developments"
value="developments"

Property Type

type

title="Must be"
type="checkboxes"
name="flags"
order=4

[[options]]
label="New homes"
value="new-home"
[[options]]
label="First time buyer"
value="first-time-buyer"
[[options]]
label="Coming soon"
value="coming-soon"
[[options]]
label="Stamp duty promotion"
value="reduced-stamp-duty"
[[options]]
label="Shared ownership"
value="shared-ownership"

Sale - Options

flags

Must be

title="Options"
type="checkboxes"
name="flags"
order=4

[[options]]
label="Short Term"
value="short-term"
[[options]]
label="Furnished"
value="furnished"
[[options]]
label="Unfurnished"
value="unfurnished"

Rent - Options

Options

Property Enquiry

<p><strong>PRIVACY NOTICE</strong></p>
<p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.</p>
<p>Generally the personal information we collect from you are for the purposes of dealing with your enquiry.</p>
<p>We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our <a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p>

Arrange View

anythingElse

date

email

firstName

generalEnquiry

intlDialCode

lastName

marketingOptin

submit

telephone

time

userAction

videoOption

Let us know your preferred time for a viewing and we will get in touch with you to confirm a time.

Fill out the form or call us at {{ phone }}

Arrange a viewing

<p>PRIVACY NOTICE</p>
<p>Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.</p>
<p>Generally the personal information we collect from you are for the purposes of dealing with your enquiry.</p>
<p>We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.</p>

Residential Forecasts: West Midlands

Related articles

Investing in Ascot

Who will be hardest hit by the end of multiple dwellings relief?

Residential Roundup 22 March

New Development’s Outside of London: Ascot