Feb 07, 2023 by HM

House prices in Hall Green (B28 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Hall Green (B28 8).

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Price per square metre

Knowing the average house price in Hall 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. 7, Woodford Green Road, Hall Green, sold for £271,000 on Sep-2023. Given the internal area of 90 square metres, the price per sqm is £3,011.

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 160 sales in Hall Green (B28 8) 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 Hall Green (B28 8). Of the 160 transactions, half were sold for between £2,380 and £3,390 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,390m². 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 'B28 8' is £2,920. The table below shows how 'B28 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B28 9 Hall Green	£2,580m2	£3,000m2	£3,390m2
B28 8 Hall Green	£2,380m2	£2,920m2	£3,390m2
B28 0 Hall Green	£2,890m2	£3,290m2	£3,670m2

Will Hall 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 B28 8 (Hall 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 B28 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Hall 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 Hall 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 Hall Green

Street level data

Street	Avg size	Avg £/m2	Recent sales
Stratford Road, Hall Green, B28 8A	51m2	£1,358	23
Edenbridge Road, Hall Green, B28 8P	87m2	£2,799	17
Fox Hollies Road, Hall Green, B28 8R	116m2	£2,730	15
Russell Road, Hall Green, B28 8S	130m2	£2,428	15
Sarehole Road, Hall Green, B28 8D	85m2	£2,410	14
Lulworth Road, Hall Green, B28 8N	96m2	£3,191	14
Shirley Road, Hall Green, B28 8Q	96m2	£2,824	14
Arcot Road, Hall Green, B28 8L	89m2	£2,141	14

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Stadium Road, Hall Green, B28 8B	85m2	£2,695	16
Prestige Avenue, Hall Green, B28 8D	72m2	£3,196	9

Stadium Road, Hall Green, B28 8B has seen 16 new build sales in the last 4 years (average price £259,910). These new build homes typically have an internal area of 85 m2, with an average price of £2,695 m2. This £sqm average is £-225 below the average for B28 8. New builds typically command a £ per sqm premium. In the case of Stadium Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Hall 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
353, Shaftmoor Lane, Hall Green	£170,000 Sep-2023	138	1,231
7, Woodford Green Rd, Hall Green	£271,000 Sep-2023	90	3,011
3, Durlston Grove, Hall Green	£160,000 Sep-2023	85	1,882

See the entire list of all sales in Hall Green (B28 8) here.