Pay vs Place

Birmingham vs Hinckley and Bosworth: buying or renting a home

A typical terraced house costs £25,000 (13%) more in Birmingham than in Hinckley and Bosworth. Measured against local pay, buying is harder in Birmingham: it takes 6.1× median annual pay, against 5.5× in Hinckley and Bosworth.

Birmingham, terraced
£220,000
Income typically needed: £44,000
Median full-time pay: £35,989
Hinckley and Bosworth, terraced
£195,000
Income typically needed: £39,000
Median full-time pay: £35,671

At a glance

Birmingham Hinckley and Bosworth
Buying a home Fairly affordable Fairly affordable
Renting a home Expensive Fairly affordable
Recorded crime Above average Low

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Hinckley and Bosworth (£35,671) is 1% lower than in Birmingham (£35,989), while a typical terraced house costs 11% less (£195,000 against £220,000). Set against local pay, Hinckley and Bosworth is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 6.1× annual pay in Birmingham and 5.5× in Hinckley and Bosworth. Renting one takes 37% of pay in Birmingham and 31% in Hinckley and Bosworth. Both are harder in Birmingham, and the gap is wider for renting.

Across all property types and measured against pay, Birmingham is the 108th least expensive of 316 areas to buy in, and Hinckley and Bosworth is around the middle of 316 areas (180th most expensive). For renting against pay, Birmingham is the 112th most expensive of 316 areas and Hinckley and Bosworth is around the middle of 316 areas (180th most expensive).

Someone on £40,000 in Birmingham would need about £35,500 in Hinckley and Bosworth to be equally placed to buy a terraced house, and about £33,500 to be equally placed to rent one. Keeping the same pay after a move to Hinckley and Bosworth would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 114.2 crimes per 1,000 residents in Birmingham and 59.5 in Hinckley and Bosworth, so recorded crime per resident is 48% lower in Hinckley and Bosworth. The biggest difference is in vehicle offences: 10.2 per 1,000 in Birmingham against 3.7 in Hinckley and Bosworth.

Can a typical earner buy?

Terraced house Birmingham Hinckley and Bosworth
Median full-time pay £35,989 £35,671
House price ÷ pay 6.1× 5.5×
Median pay as a share of income typically needed to buy 82% 91%
Rent a year as a share of median pay 37% 31%

Buying, by property type

Type Birmingham Hinckley and Bosworth Difference
Detached £452,500 £371,000 -18% in Hinckley and Bosworth
Semi-detached £265,000 £249,500 -6% in Hinckley and Bosworth
Terraced £220,000 £195,000 -11% in Hinckley and Bosworth

Renting, by property type

Type (average rent a month) Birmingham Hinckley and Bosworth Difference
Detached £1,434 £1,238 -14% in Hinckley and Bosworth
Semi-detached £1,151 £981 -15% in Hinckley and Bosworth
Terraced £1,095 £914 -17% in Hinckley and Bosworth

Crime

Police recorded 114.2 crimes per 1,000 residents in Birmingham and 59.5 in Hinckley and Bosworth, so recorded crime per resident is 48% lower in Hinckley and Bosworth.

Police recorded crime per 1,000 residents Birmingham Hinckley and Bosworth Difference
All recorded crime (excluding fraud) 114.2 59.5 -48% in Hinckley and Bosworth
Violence against the person 46.1 23.9 -48% in Hinckley and Bosworth
Sexual offences 4.8 2.7 -45% in Hinckley and Bosworth
Robbery 3.1 0.3 -89% in Hinckley and Bosworth
Residential burglary (per 1,000 households) 11.7 6.4 -45% in Hinckley and Bosworth
Vehicle offences 10.2 3.7 -64% in Hinckley and Bosworth
Theft from the person 1.3 0.3 -77% in Hinckley and Bosworth
Criminal damage and arson 9.1 6.5 -28% in Hinckley and Bosworth

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Birmingham: 179Hinckley and Bosworth: 184
House prices in Birmingham and Hinckley and Bosworth since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Birmingham now 179, Hinckley and Bosworth now 184.7510012515017520020052010201520202025House prices in Birmingham and Hinckley and Bosworth since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Birmingham now 179, Hinckley and Bosworth now 184.7510012515017520020102020
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YearBirminghamHinckley and Bosworth
2005100100
2006104105
2007109111
2008105105
20099594
201010099
20119797
20129898
201310099
2014106106
2015111111
2016120117
2017129129
2018136137
2019140140
2020142144
2021157158
2022172177
2023174177
2024174176
2025178181
12 months to July 2026179184

In 2005 the average home cost £130,237 in Birmingham and £141,637 in Hinckley and Bosworth. Now it is £232,548 and £260,980: Birmingham is up 79% and Hinckley and Bosworth is up 84%. Prices have risen faster in Hinckley and Bosworth, so the gap between the two has widened.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Birmingham: 6.5 years of payHinckley and Bosworth: 7.2 years of pay
Years of median pay needed to buy the average home in Birmingham and Hinckley and BosworthBirmingham now 6.5, Hinckley and Bosworth now 7.2 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Birmingham and Hinckley and BosworthBirmingham now 6.5, Hinckley and Bosworth now 7.2 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearBirminghamHinckley and Bosworth
20056.1 years of pay6.0 years of pay
20105.5 years of pay5.6 years of pay
20155.8 years of pay6.2 years of pay
20206.3 years of pay7.0 years of pay
20256.5 years of pay7.2 years of pay

In 2005 a home cost 6.1 years of pay in Birmingham and 6.0 years in Hinckley and Bosworth. In 2025 it was 6.5 years and 7.2 years.

Affordability has worsened more in Hinckley and Bosworth over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Birmingham: 161Hinckley and Bosworth: 166
Rents in Birmingham and Hinckley and Bosworth since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Birmingham now 161, Hinckley and Bosworth now 166.100120140160180201620182020202220242026Rents in Birmingham and Hinckley and Bosworth since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Birmingham now 161, Hinckley and Bosworth now 166.100120140160180201520202025
Show the figures
YearBirminghamHinckley and Bosworth
2015100100
2016105103
2017108107
2018111111
2019113114
2020116118
2021118121
2022122127
2023132133
2024147149
2025156159
August 2026161166

In 2015 the average rent was £682 a month in Birmingham and £562 in Hinckley and Bosworth. Now it is £1,099 and £934: up 61% in Birmingham and up 66% in Hinckley and Bosworth. Rents have risen faster in Hinckley and Bosworth.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Birmingham to Hinckley and Bosworth

Earning in Birmingham Equivalent to buy in Hinckley and Bosworth Equivalent to rent in Hinckley and Bosworth
£30,000 £26,500 £25,000
£40,000 £35,500 £33,500
£50,000 £44,500 £41,500
£60,000 £53,000 £50,000

Moving from Hinckley and Bosworth to Birmingham

Earning in Hinckley and Bosworth Equivalent to buy in Birmingham Equivalent to rent in Birmingham
£30,000 £34,000 £36,000
£40,000 £45,000 £48,000
£50,000 £56,500 £60,000
£60,000 £67,500 £72,000
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Birmingham figures · All Hinckley and Bosworth figures