# House prices in B11 3 (Sparkhill)

## Defining 'B11 3'

This analysis is limited to properties whose postcode starts with "B11 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Sparkhill.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Sparkhill is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 105, Springcroft Road, Sparkhill, sold for £100,000 on Mar-2024. Given the internal area of 75 square metres, the price per sqm is £1,333.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 180 sales in Sparkhill (B11 3) that took place in the last two years.

##### Distribution of £ per sqm for Sparkhill
Distribution of £ per sqm house prices in Sparkhill

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Sparkhill (B11 3). Of the 180 transactions, half were sold for between £1,860 and £2,620 per square metre. The median, or 'middle', price per square metre in 'B11 3' is £2,260. Notably, only 25% of properties that sold recently were valued at more than £2,620 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Sparkhill

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Sparkhill. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Sparkhill

## Comparison with neighbouring postcode sectors

The table below shows how 'B11 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B11 4 Sparkhill £1,530 sqm £1,950 sqm £2,330 sqm
B11 1 Birmingham £1,330 sqm £1,730 sqm £2,180 sqm
B11 3 Sparkhill £1,860 sqm £2,260 sqm £2,620 sqm
B11 2 Tyseley £1,750 sqm £2,080 sqm £2,270 sqm

## Will Sparkhill house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for B11 3 (Sparkhill) compared with both the wider area B11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Sparkhill,Sparkhill
House price trends for Sparkhill

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent B11 3 sales
Recent trends for Sparkhill

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Sparkhill to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Sparkhill and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Solihull Road, Sparkhill, B11 3A 82 sqm £1,920 19
Knowle Road, Sparkhill, B11 3A 80 sqm £1,911 17
Cateswell Road, Sparkhill, B11 3D 87 sqm £2,662 17
Sunningdale Road, Sparkhill, B11 3Q 67 sqm £2,613 17
Tynedale Road, Sparkhill, B11 3Q 67 sqm £2,382 17
Weston Lane, Sparkhill, B11 3R 77 sqm £1,840 17
Allcroft Road, Sparkhill, B11 3E 86 sqm £2,258 16
Percy Road, Sparkhill, B11 3L 76 sqm £1,951 16

## New build activity

Street Avg size Avg £sqm New build sales
Exel Drive, Sparkhill, B11 3J 62 sqm £2,479 10

Exel Drive, Sparkhill, B11 3J has seen 10 new build sales in the last 4 years (average price £185,538). These new build homes typically have an internal area of 62 sqm, with an average price of £2,479 sqm. This £sqm average is £219 above the average for B11 3. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Sparkhill is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

105, Springcroft Rd, Sparkhill £100,000
Mar-2024
75 1,333
222, Solihull Rd, Sparkhill £190,000
Mar-2024
113 1,681
198, Bromyard Rd, Sparkhill £198,000
Mar-2024
87 2,275