Nestled near the western edge of Birmingham city centre, the Five Ways South and Calthorpe Park area has emerged as Birmingham’s most coveted residential neighbourhood, with house prices soaring by an astonishing 112% over the past year.
Average property values in this desirable Edgbaston enclave jumped from £235,000 in 2024 to £500,000 in 2025, eclipsing every other area in the city. The next highest increase was seen in Brandwood North, but its 36% rise pales in comparison.
One of the standout streets in this leafy district is Frederick Road, renowned for its grand, tree-lined avenues, gated driveways, and charming period homes. Property here can command prices exceeding £1.5 million. The street also boasts historical significance, with a blue plaque honoring Florence Barrow, a housing reform activist.
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Residents include doctors, bankers, and consultants, attracted by the area’s blend of tranquility and accessibility. The neighbourhood’s conservation status, managed by the longstanding Calthorpe Estate, helps preserve its unique character by regulating changes to properties and green spaces.
Local residents cite the mature trees, well-preserved older homes, and large private gardens as key to maintaining the area’s appeal. Convenient transport links via tram make commuting to Birmingham’s city centre or the Jewellery Quarter swift and easy, further boosting desirability.
Despite the area’s charm, the imposing derelict Five Ways Tower remains an eyesore. Vacant since 2005, the 27-storey block stands opposite Frederick Road and frustrates locals eager for redevelopment. The tower’s freehold belongs to Calthorpe Estates, while the leaseholder, The Corbally Group, has plans to replace it with modern residences, including potential student housing.
Calthorpe Estates affirm their commitment to preserving the estate’s heritage while evolving with the times. Their stewardship stretches back over 300 years, blending estate management with community wellbeing.
For many, Five Ways South and Calthorpe Park offers a rare opportunity: a leafy, historic suburb within walking distance of a vibrant industrial city centre. The doubling of house prices reflects not only the physical and cultural appeal of the area but also its promise as a premier place to live in Birmingham.