House prices in B29 7 (Selly Park)

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


Defining 'B29 7'

This analysis is limited to properties whose postcode starts with "B29 7", 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 Selly Park.

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 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. 26, Warwards Lane, Selly Park, Selly Oak, sold for £140,000 on Feb-2024. Given the internal area of 88 square metres, the price per sqm is £1,590.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 189 sales in Selly Park (B29 7) that took place in the last two years.

Distribution of £ per sqm for Selly Park, Selly Oak
Distribution of £ per sqm house prices in Selly Park

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 Selly Park (B29 7). Of the 189 transactions, half were sold for between £2,670 and £3,720 per square metre. The median, or 'middle', price per square metre in 'B29 7' is £3,200. Notably, only 25% of properties that sold recently were valued at more than £3,720 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 Selly Park, Selly Oak

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 Selly Oak. 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.

Property price heatmap for Selly Park
House price heatmap for Selly Park, Selly Oak

Comparison with neighbouring postcode sectors

The table below shows how 'B29 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B29 6 Selly Oak £2,930 sqm £3,390 sqm £3,970 sqm
B29 5 Birmingham £2,200 sqm £2,500 sqm £2,800 sqm
B29 7 Selly Park £2,670 sqm £3,200 sqm £3,720 sqm
B29 4 Birmingham £2,960 sqm £3,570 sqm £4,230 sqm

Will Selly Oak 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 B29 7 (Selly Park) compared with both the wider area B29 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 Selly Park,Selly Oak
House price trends for Selly Park

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 B29 7 sales
Recent trends for Selly Park

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 Selly Oak 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 Selly Oak 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
Dawlish Road, Selly Park, B29 7A 106 sqm £3,577 40
Milner Road, Selly Park, B29 7R 83 sqm £2,595 28
Cecil Road, Selly Park, B29 7Q 79 sqm £2,812 21
Gristhorpe Road, Selly Park, B29 7S 89 sqm £3,148 20
Cherington Road, Selly Park, B29 7S 94 sqm £2,905 18
Kitchener Road, Selly Park, B29 7Q 79 sqm £2,593 17
Pershore Road, Selly Park, B29 7N 118 sqm £2,077 16
Sir Johns Road, Selly Park, B29 7E 119 sqm £3,133 15

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 sqm £/sqm
26, Warwards Lane, Selly Park, Selly Oak £140,000
Feb-2024
88 1,590
5, Lawton Avenue, Selly Park, Selly Oak £220,000
Feb-2024
89 2,471
116, Umberslade Rd, Selly Park, Selly Oak £335,000
Jan-2024
92 3,641

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

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.