Feb 07, 2023 by HM

House prices in Northfield (B31 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Northfield (B31 2).

Price per square metre

Knowing the average house price in Northfield 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. 19, Overbury Close, Northfield, Birmingham, sold for £115,000 on Sep-2023. Given the internal area of 63 square metres, the price per sqm is £1,825.

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 277 sales in Northfield (B31 2) that took place in the last two years.

Distribution of £ per sqm for Northfield (B31 2)
Distribution of £ per sqm house prices in Northfield

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 Northfield (B31 2). Of the 277 transactions, half were sold for between £2,230 and £3,370 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,370m2. 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 'B31 2' is £2,780. The table below shows how 'B31 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B31 3 Northfield £2,140m2 £2,580m2 £3,060m2
B31 4 Northfield £2,130m2 £2,600m2 £3,070m2
B31 5 Northfield £2,410m2 £2,760m2 £3,120m2
B31 1 Northfield £2,220m2 £2,570m2 £2,930m2
B31 2 Northfield £2,230m2 £2,780m2 £3,370m2

Will Northfield 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 B31 2 (Northfield). 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 B31 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Northfield (B31 2) over time
House price trends for Northfield

Hover on any blue dot to see details of specific sales

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

Price map for Northfield

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 Northfield. 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.

Property price heatmap for Northfield
House price heatmap for Northfield

Street level data

Street Avg size Avg £/m2 Recent sales
Riverpark Way, Northfield, B31 2G 84m2 £2,588 28
Rea Road, Northfield, B31 2P 87m2 £2,160 27
Kingshurst Road, Northfield, B31 2L 74m2 £2,973 21
Pamela Road, Northfield, B31 2Q 88m2 £2,904 18
Hawkesley Mill Lane, Northfield, B31 2R 91m2 £2,421 18
Bunbury Road, Northfield, B31 2D 134m2 £2,672 17
Heath Road South, Northfield, B31 2B 116m2 £3,538 17
Great Stone Road, Northfield, B31 2L 79m2 £2,736 17

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Austin Way, Northfield, B31 2G 70m2 £3,397 19
Ambassador Avenue, Northfield, B31 2G 67m2 £3,015 12
Hawker Close, Northfield, B31 2G 96m2 £3,052 12
Bristol Road South, Northfield, B31 2F 65m2 £4,263 11

Austin Way, Northfield, B31 2G has seen 19 new build sales in the last 4 years (average price £267,145). These new build homes typically have an internal area of 70 m2, with an average price of £3,397 m2. This £sqm average is £617 above the average for B31 2. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Northfield 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
19, Overbury Close, Northfield, Birmingham £115,000
63 1,825
3, William Rd, Northfield, Birmingham £140,000
56 2,500
8, Appletree Close, Northfield, Birmingham £266,000
74 3,594

See the entire list of all sales in Northfield (B31 2) here.


HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.