House prices in B45 9 (Rubery)

This article reveals price per square metre data and various charts to help you understand current housing market in 'B45 9' (Rubery, Rednal) - statistics were last calculated on 04 October 2024.

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Defining 'B45 9'

This analysis is limited to properties whose postcode starts with "B45 9", 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 Rubery.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Rubery 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. 223, Park Way, Rubery, Rednal, sold for £140,000 on Jul-2024. Given the internal area of 59 square metres, the price per sqm is £2,372.

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. £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 253 sales in Rubery (B45 9) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

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 Rubery (B45 9). Of the 253 transactions, half were sold for between £2,420 and £3,280 per square metre. The median, or 'middle', price per square metre in 'B45 9' is £2,900. Notably, only 25% of properties that sold recently were valued at more than £3,280 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 Rubery, Rednal

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 Rednal. 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.

House price heatmap for Rubery, Rednal

Comparison with neighbouring postcode sectors

The table below shows how 'B45 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B45 0 Rubery	£2,000 sqm	£2,130 sqm	£2,400 sqm
B45 8 Rednal	£2,790 sqm	£3,680 sqm	£4,450 sqm
B45 9 Rubery	£2,420 sqm	£2,900 sqm	£3,280 sqm

Will Rednal 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 B45 9 (Rubery) compared with both the wider area B45 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

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.

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 Rednal 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 Rednal 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
Ashill Road, Rubery, B45 9Y	51 sqm	£1,575	22
Kendal Rise Road, Rubery, B45 9P	81 sqm	£2,393	19
Loynells Road, Rubery, B45 9N	90 sqm	£2,785	18
Longwood Road, Rubery, B45 9N	67 sqm	£1,452	14
Callowbrook Lane, Rubery, B45 9H	71 sqm	£2,232	14
Rednal Hill Lane, Rubery, B45 9L	109 sqm	£2,916	14
Barrington Road, Rubery, B45 9E	80 sqm	£2,889	13
Bristol Road South, Rubery, B45 9P	89 sqm	£2,374	13

Search for your street here.

Raw data

Our analysis of Rubery 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
223, Park Way, Rubery, Rednal	£140,000 Jul-2024	59	2,372
33, Homemead Grove, Rubery, Rednal	£187,500 Jun-2024	58	3,232
34, Leasowe Rd, Rubery, Rednal	£270,000 Jun-2024	87	3,103

See the entire list of all sales in Rubery (B45 9) here.