Feb 07, 2023 by HM

House prices in Selly Park (B29 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Selly Park (B29 7).

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Price per square metre

Knowing the average house price in Selly Park 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. Apartment 19 3, Union Place, Selly Park, Selly Oak, sold for £191,000 on Sep-2023. Given the internal area of 69 square metres, the price per sqm is £2,768.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 223 sales in Selly Park (B29 7) 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 Selly Park (B29 7). Of the 223 transactions, half were sold for between £2,710 and £3,790 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,790m². 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 'B29 7' is £3,210. The table below shows how 'B29 7' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B29 5 Birmingham	£2,170m2	£2,440m2	£2,740m2
B29 7 Selly Park	£2,710m2	£3,210m2	£3,790m2
B29 6 Selly Oak	£2,900m2	£3,370m2	£3,990m2
B29 4 Birmingham	£2,770m2	£3,350m2	£4,120m2

Will Selly Park 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 B29 7 (Selly Park). 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 B29 7 and the blue dots are the individual property sales that inform this trend.

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

Price map for Selly Park

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 Selly Park. 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 Selly Park

Street level data

Street	Avg size	Avg £/m2	Recent sales
Dawlish Road, Selly Park, B29 7A	105m2	£3,604	42
Milner Road, Selly Park, B29 7R	83m2	£2,594	31
Cecil Road, Selly Park, B29 7Q	79m2	£2,797	24
Gristhorpe Road, Selly Park, B29 7S	90m2	£3,056	23
Kitchener Road, Selly Park, B29 7Q	79m2	£2,546	20
Pershore Road, Selly Park, B29 7N	115m2	£2,109	17
Westminster Road, Selly Park, B29 7R	77m2	£2,723	17
Cherington Road, Selly Park, B29 7S	95m2	£2,827	17

Search for your street here.

Raw data

Our analysis of Selly Park 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
Apartment 19 3, Union Pl, Selly Park, Selly Oak	£191,000 Sep-2023	69	2,768
639, Pershore Rd, Selly Park, Selly Oak	£387,000 Aug-2023	136	2,845
62, Manilla Rd, Selly Park, Selly Oak	£110,000 Aug-2023	77	1,428

See the entire list of all sales in Selly Park (B29 7) here.