Feb 07, 2023 by HM

House prices in Moseley (B13 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Moseley (B13 9).


Price per square metre

Knowing the average house price in Moseley 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. Flat 10 Bucknall Court, Wake Green Park, Moseley, sold for £160,000 on Sep-2023. Given the internal area of 62 square metres, the price per sqm is £2,580.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 270 sales in Moseley (B13 9) that took place in the last two years.

Distribution of £ per sqm for Moseley (B13 9)
Distribution of £ per sqm house prices in Moseley

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.

That said, the spread of prices will give you a feel of the typical range to expect in Moseley (B13 9). Of the 270 transactions, half were sold for between £2,360 and £3,430 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,430m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'B13 9' is £2,760. The table below shows how 'B13 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B13 9 Moseley £2,360m2 £2,760m2 £3,430m2
B13 8 Moseley £2,760m2 £3,430m2 £4,050m2
B13 0 Birmingham £2,340m2 £2,860m2 £3,420m2

Will Moseley 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 scatter plot below for B13 9 (Moseley). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for B13 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Moseley (B13 9) over time
House price trends for Moseley

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Moseley 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Moseley data or any other data I am given.

Price map for Moseley

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Moseley. 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. I will explain more about the methodology and create a key next week.

Property price heatmap for Moseley
House price heatmap for Moseley

Street level data

Street Avg size Avg £/m2 Recent sales
Wake Green Park, Moseley, B13 9X 51m2 £2,493 58
Wake Green Road, Moseley, B13 9H 77m2 £2,279 28
Wake Green Road, Moseley, B13 9P 85m2 £2,551 24
Wake Green Park, Moseley, B13 9Y 52m2 £2,595 24
Yardley Wood Road, Moseley, B13 9J 121m2 £2,674 20
St Agnes Road, Moseley, B13 9P 119m2 £3,488 18
Springfield Road, Moseley, B13 9N 119m2 £2,021 18
Tenby Road, Moseley, B13 9L 82m2 £1,961 16

Search for your street here.

Raw data

Our analysis of Moseley 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.

Address Paid m2 £/m2
Flat 10 Bucknall Court, Wake Green Park, Moseley £160,000
Sep-2023
62 2,580
19, Ascot Rd, Moseley £675,000
Aug-2023
168 4,017
17, Cotton Lane, Moseley £710,000
Aug-2023
161 4,409

See the entire list of all sales in Moseley (B13 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.