Feb 07, 2023 by HM

House prices in Hill Top (B70 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Hill Top (B70 0).

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Price per square metre

Knowing the average house price in Hill Top 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. 50a, Great Bridge Street, Hill Top, West Bromwich, sold for £102,500 on Oct-2023. Given the internal area of 50 square metres, the price per sqm is £2,050.

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 113 sales in Hill Top (B70 0) that took place in the last two years.

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 Hill Top (B70 0). Of the 113 transactions, half were sold for between £2,080 and £2,890 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,890m². 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 'B70 0' is £2,420. The table below shows how 'B70 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B70 7 West Bromwich	£1,950m2	£2,380m2	£2,900m2
B70 9 West Bromwich	£1,850m2	£2,290m2	£2,730m2
B70 6 West Bromwich	£1,560m2	£2,130m2	£2,670m2
B70 0 Hill Top	£2,080m2	£2,420m2	£2,890m2
B70 8 West Bromwich	£1,530m2	£1,910m2	£2,510m2

Will Hill Top 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 B70 0 (Hill Top). 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 B70 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Hill Top

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 Hill Top. 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.

House price heatmap for Hill Top

Street level data

Street	Avg size	Avg £/m2	Recent sales
Lakeside Road, Hill Top, B70 0P	75m2	£2,334	14
Phoenix Street, Hill Top, B70 0A	74m2	£2,543	11
Pemberton Road, Hill Top, B70 0J	78m2	£2,804	10
Anson Road, Hill Top, B70 0N	88m2	£1,764	10
Dunkirk Avenue, Hill Top, B70 0E	86m2	£2,298	10
Tame Street, Hill Top, B70 0Q	77m2	£2,163	9
Harvills Hawthorn, Hill Top, B70 0U	77m2	£2,600	7
Meyrick Road, Hill Top, B70 0J	81m2	£2,573	7

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Irvan Avenue, Hill Top, B70 0B	70m2	£2,034	10

Irvan Avenue, Hill Top, B70 0B has seen 10 new build sales in the last 4 years (average price £161,900). These new build homes typically have an internal area of 70 m2, with an average price of £2,034 m2. This £sqm average is £-386 below the average for B70 0. New builds typically command a £ per sqm premium. In the case of Irvan Avenue the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Hill Top 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
50a, Great Bridge St, Hill Top, West Bromwich	£102,500 Oct-2023	50	2,050
158, Brickhouse Lane, Hill Top, West Bromwich	£161,000 Sep-2023	82	1,963
15, St Vincent Crescent, Hill Top, West Bromwich	£186,000 Sep-2023	77	2,415

See the entire list of all sales in Hill Top (B70 0) here.