Feb 07, 2023 by HM

House prices in Acocks Green (B27 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Acocks Green (B27 6).

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Price per square metre

Knowing the average house price in Acocks Green 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. 66, Francis Road, Acocks Green, sold for £182,000 on Aug-2023. Given the internal area of 58 square metres, the price per sqm is £3,137.

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 217 sales in Acocks Green (B27 6) that took place in the last two years.

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 Acocks Green (B27 6). Of the 217 transactions, half were sold for between £2,120 and £3,040 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,040m². 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 'B27 6' is £2,520. The table below shows how 'B27 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B27 6 Acocks Green	£2,120m2	£2,520m2	£3,040m2
B27 7 Acocks Green	£2,220m2	£2,620m2	£2,930m2

Will Acocks Green 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 B27 6 (Acocks Green). 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 B27 6 and the blue dots are the individual property sales that inform this trend.

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

Price map for Acocks Green

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 Acocks Green. 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.

House price heatmap for Acocks Green

Street level data

Street	Avg size	Avg £/m2	Recent sales
The Avenue, Acocks Green, B27 6N	94m2	£2,164	38
Oxford Road, Acocks Green, B27 6D	127m2	£2,395	30
Douglas Road, Acocks Green, B27 6H	119m2	£2,064	22
Lincoln Road North, Acocks Green, B27 6R	73m2	£2,656	22
Francis Road, Acocks Green, B27 6L	82m2	£2,043	19
Vine Lane, Acocks Green, B27 6S	70m2	£2,432	18
Florence Road, Acocks Green, B27 6L	95m2	£2,163	17
Arden Road, Acocks Green, B27 6A	142m2	£2,447	17

Search for your street here.

Raw data

Our analysis of Acocks Green 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
66, Francis Rd, Acocks Green	£182,000 Aug-2023	58	3,137
162, Stockfield Rd, Acocks Green	£250,000 Aug-2023	75	3,333
14, Roberts Rd, Acocks Green	£230,000 Jul-2023	96	2,395

See the entire list of all sales in Acocks Green (B27 6) here.