House prices in B69 1 (Tividale)

This article reveals price per square metre data and various charts to help you understand current housing market in Tividale (B69 1).


Defining 'B69 1'

This analysis is limited to properties whose postcode starts with "B69 1", 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 Tividale.

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 Tividale 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. 197, Oakham Road, Tividale, sold for £300,000 on Mar-2024. Given the internal area of 107 square metres, the price per sqm is £2,803.

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. £2,350-£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 237 sales in Tividale (B69 1) that took place in the last two years.

Distribution of £ per sqm for Tividale
Distribution of £ per sqm house prices in Tividale

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 Tividale (B69 1). Of the 237 transactions, half were sold for between £2,050 and £2,930 per square metre. The median, or 'middle', price per square metre in 'B69 1' is £2,560. Notably, only 25% of properties that sold recently were valued at more than £2,930 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 Tividale

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 Tividale. 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 Tividale
House price heatmap for Tividale

Comparison with neighbouring postcode sectors

The table below shows how 'B69 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B69 1 Tividale £2,050 sqm £2,560 sqm £2,930 sqm
B69 4 Oldbury £1,830 sqm £2,110 sqm £2,690 sqm
B69 2 Tividale £1,840 sqm £2,260 sqm £2,850 sqm
B69 3 Tividale £1,910 sqm £2,360 sqm £2,840 sqm

Will Tividale 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 B69 1 (Tividale) compared with both the wider area B69 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 Tividale,Tividale
House price trends for Tividale

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 B69 1 sales
Recent trends for Tividale

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 Tividale 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 Tividale 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
City Road, Tividale, B69 1Q 75 sqm £2,186 24
Newbury Lane, Tividale, B69 1J 72 sqm £2,429 19
Tower Road, Tividale, B69 1N 74 sqm £2,378 18
Regent Road, Tividale, B69 1T 77 sqm £2,627 17
Birch Crescent, Tividale, B69 1U 65 sqm £2,527 16
Elm Terrace, Tividale, B69 1U 69 sqm £2,573 14
Aston Road, Tividale, B69 1T 65 sqm £2,555 13
Wheatsheaf Road, Tividale, B69 1S 80 sqm £2,073 12

Search for your street here.

Raw data

Our analysis of Tividale 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
197, Oakham Rd, Tividale £300,000
Mar-2024
107 2,803
274, Newbury Lane, Tividale £157,500
Mar-2024
70 2,250
10, Lye Cross Rd, Tividale £226,000
Feb-2024
84 2,690

See the entire list of all sales in Tividale (B69 1) 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.