Feb 07, 2023 by HM

House prices in Oldbury (B68 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Oldbury (B68 8).

Price per square metre

Knowing the average house price in Oldbury 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. 288, Tat Bank Road, Oldbury, sold for £170,000 on Sep-2023. Given the internal area of 85 square metres, the price per sqm is £2,000.

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 190 sales in Oldbury (B68 8) that took place in the last two years.

Distribution of £ per sqm for Oldbury (B68 8)
Distribution of £ per sqm house prices in Oldbury

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 Oldbury (B68 8). Of the 190 transactions, half were sold for between £1,990 and £3,010 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,010m2. 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 'B68 8' is £2,370. The table below shows how 'B68 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B68 0 Oldbury £2,250m2 £2,650m2 £2,970m2
B68 9 Oldbury £2,290m2 £2,680m2 £3,030m2
B68 8 Oldbury £1,990m2 £2,370m2 £3,010m2

Will Oldbury 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 B68 8 (Oldbury). 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 B68 8 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Oldbury (B68 8) over time
House price trends for Oldbury

Hover on any blue dot to see details of specific sales

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

Price map for Oldbury

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 Oldbury. 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 Oldbury
House price heatmap for Oldbury

Street level data

Street Avg size Avg £/m2 Recent sales
Pel Crescent, Oldbury, B68 8S 82m2 £2,407 23
Moat Road, Oldbury, B68 8E 104m2 £2,446 22
Causeway Green Road, Oldbury, B68 8L 83m2 £1,744 21
Penncricket Lane, Oldbury, B68 8L 70m2 £1,505 20
Farm Road, Oldbury, B68 8R 80m2 £1,760 20
Grafton Road, Oldbury, B68 8B 86m2 £2,332 18
Old College Avenue, Oldbury, B68 8B 82m2 £2,419 17
Pound Road, Oldbury, B68 8N 92m2 £2,367 16

Search for your street here.

Raw data

Our analysis of Oldbury 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
288, Tat Bank Rd, Oldbury £170,000
85 2,000
90, Vicarage St, Oldbury £244,000
74 3,297
10, Moat Rd, Oldbury £198,000
105 1,885

See the entire list of all sales in Oldbury (B68 8) 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.