Feb 07, 2023 by HM

House prices in Yardley Wood (B14 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Yardley Wood (B14 4).


Defining 'B14 4'

This analysis is limited to properties whose postcode starts with "B14 4", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Yardley Wood 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. 114, Riversdale Road, Yardley Wood, Birmingham, sold for £196,000 on Jan-2024. Given the internal area of 66 square metres, the price per sqm is £2,969.

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. £2,350-£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 282 sales in Yardley Wood (B14 4) that took place in the last two years.

Distribution of £ per sqm for Yardley Wood (B14 4)
Distribution of £ per sqm house prices in Yardley Wood

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 Yardley Wood (B14 4). Of the 282 transactions, half were sold for between £2,460 and £3,240 per square metre. The median, or 'middle', price per square metre in 'B14 4' is £2,840. Notably, only 25% of properties that sold recently were valued at more than £3,240m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Yardley Wood

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 Yardley Wood. 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.

Property price heatmap for Yardley Wood
House price heatmap for Yardley Wood

Comparison with neighbouring postcode sectors

The table below shows how 'B14 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B14 7 Kings Heath £2,840m2 £3,210m2 £3,600m2
B14 4 Yardley Wood £2,460m2 £2,840m2 £3,240m2
B14 5 Kings Heath £2,030m2 £2,500m2 £3,080m2
B14 6 Kings Heath £2,300m2 £2,820m2 £3,550m2

Will Yardley Wood 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 B14 4 (Yardley Wood). 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 B14 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Yardley Wood (B14 4) over time
House price trends for Yardley Wood

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Yardley Wood 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 Yardley Wood data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
May Lane, Yardley Wood, B14 4A 95m2 £2,996 35
Prince Of Wales Lane, Yardley Wood, B14 4L 81m2 £2,773 25
Yardley Wood Road, Yardley Wood, B14 4B 72m2 £2,378 19
Ashdale Drive, Yardley Wood, B14 4T 91m2 £2,692 18
Highters Heath Lane, Yardley Wood, B14 4T 80m2 £3,100 18
Brentford Road, Yardley Wood, B14 4D 90m2 £2,632 16
Shorters Avenue, Yardley Wood, B14 4B 71m2 £1,825 16
Arlington Road, Yardley Wood, B14 4Q 78m2 £2,565 16

Search for your street here.

Raw data

Our analysis of Yardley Wood 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
114, Riversdale Rd, Yardley Wood, Birmingham £196,000
Jan-2024
66 2,969
241, Highters Heath Lane, Yardley Wood, Birmingham £175,000
Jan-2024
63 2,777
14, Greenford Rd, Yardley Wood, Birmingham £228,000
Jan-2024
88 2,590

See the entire list of all sales in Yardley Wood (B14 4) 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.