Feb 07, 2023 by HM

# House prices in Erdington (B24 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Erdington (B24 8).

## Defining 'B24 8'

This analysis is limited to properties whose postcode starts with "B24 8", 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 Erdington 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. 17, Compton Road, Erdington, Birmingham, sold for £210,000 on Dec-2023. Given the internal area of 76 square metres, the price per sqm is £2,763.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 150 sales in Erdington (B24 8) that took place in the last two years.

##### Distribution of £ per sqm for Erdington (B24 8)
Distribution of £ per sqm house prices in Erdington

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 Erdington (B24 8). Of the 150 transactions, half were sold for between £1,760 and £2,440 per square metre. The median, or 'middle', price per square metre in 'B24 8' is £2,080. Notably, only 25% of properties that sold recently were valued at more than £2,440m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Erdington

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 Erdington. 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 Erdington

## Comparison with neighbouring postcode sectors

The table below shows how 'B24 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B24 0 Birmingham £2,330m2 £2,960m2 £3,490m2
B24 8 Erdington £1,760m2 £2,080m2 £2,440m2
B24 9 Erdington £2,040m2 £2,450m2 £2,830m2

## Will Erdington 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 B24 8 (Erdington). 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 B24 8 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Erdington (B24 8) over time
House price trends for Erdington

Hover on any blue dot to see details of specific sales

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

## Street level data

Street Avg size Avg £/m2 Recent sales
Hawkesyard Road, Erdington, B24 8L 79m2 £2,170 24
Kingsbury Road, Erdington, B24 8Q 114m2 £1,749 24
Minstead Road, Erdington, B24 8P 108m2 £1,831 21
Bromford Lane, Erdington, B24 8J 93m2 £2,159 14
Wood End Road, Erdington, B24 8B 95m2 £1,793 12
Wheelwright Road, Erdington, B24 8P 145m2 £1,937 11
Ryland Road, Erdington, B24 8J 97m2 £1,919 11
Wood End Road, Erdington, B24 8A 73m2 £1,792 10

Search for your street here.

## Raw data

Our analysis of Erdington 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
17, Compton Rd, Erdington, Birmingham £210,000
Dec-2023
76 2,763
43, Montpelier Rd, Erdington, Birmingham £145,000
Dec-2023
85 1,705
2, Ullrik Green, Erdington, Birmingham £108,000
Dec-2023
56 1,928