# House prices in B26 3 (Sheldon)

This article reveals price per square metre data and various charts to help you understand current housing market in 'B26 3' (Sheldon) - statistics were last calculated on 31 July 2024.

## Defining 'B26 3'

This analysis is limited to properties whose postcode starts with "B26 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 Sheldon.

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 Sheldon 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. 43, Bantry Close, Sheldon, sold for £140,000 on Jun-2024. Given the internal area of 73 square metres, the price per sqm is £1,917.

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 229 sales in Sheldon (B26 3) that took place in the last two years.

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

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 Sheldon (B26 3). Of the 229 transactions, half were sold for between £2,470 and £3,260 per square metre. The median, or 'middle', price per square metre in 'B26 3' is £2,870. Notably, only 25% of properties that sold recently were valued at more than £3,260 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 Sheldon

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 Sheldon. 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 Sheldon

## Comparison with neighbouring postcode sectors

The table below shows how 'B26 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B26 1 Yardley £2,350 sqm £3,010 sqm £3,440 sqm
B26 3 Sheldon £2,470 sqm £2,870 sqm £3,260 sqm
B26 2 Sheldon £2,420 sqm £2,830 sqm £3,240 sqm

## Will Sheldon 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 B26 3 (Sheldon) compared with both the wider area B26 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 Sheldon,Sheldon
House price trends for Sheldon

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 B26 3 sales
Recent trends for Sheldon

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 Sheldon 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 Sheldon 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
Parkdale Road, Sheldon, B26 3U 73 sqm £2,751 32
Whitecroft Road, Sheldon, B26 3R 76 sqm £2,844 29
Cranes Park Road, Sheldon, B26 3S 77 sqm £2,849 28
Chaffcombe Road, Sheldon, B26 3Y 74 sqm £2,719 25
Olorenshaw Road, Sheldon, B26 3N 92 sqm £2,930 21
Coventry Road, Sheldon, B26 3P 80 sqm £2,489 20
Rectory Park Road, Sheldon, B26 3L 80 sqm £2,790 19
Horse Shoes Lane, Sheldon, B26 3H 93 sqm £3,052 18

## New build activity

Street Avg size Avg £sqm New build sales
Coventry Road, Sheldon, B26 3D 42 sqm £3,552 56
Coventry Road, Sheldon, B26 3Y 43 sqm £3,507 29

Coventry Road, Sheldon, B26 3D has seen 56 new build sales in the last 4 years (average price £154,932). These new build homes typically have an internal area of 42 sqm, with an average price of £3,552 sqm. This £sqm average is £682 above the average for B26 3. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Sheldon 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.