House prices in B70 8 (West Bromwich)

This article reveals price per square foot data and various charts to help you understand current housing market in 'B70 8' (West Bromwich) - statistics were last calculated on 30 August 2024.

---

Defining 'B70 8'

This analysis is limited to properties whose postcode starts with "B70 8", 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 West Bromwich.

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

Search Area:

Change sector

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

Price per square foot

Knowing the average house price in West Bromwich is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area

E.g. 52, Dartmouth Street, West Bromwich, sold for £145,000 on Mar-2024. Given the internal area of 807 square feet, the price per sqft is £179.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £218-£232, £232-£246, £246-£260 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 27 sales in West Bromwich (B70 8) 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 West Bromwich (B70 8). Of the 27 transactions, half were sold for between £140 and £192 per square foot. The median, or 'middle', price per square foot in 'B70 8' is £159. Notably, only 25% of properties that sold recently were valued at more than £192 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for West Bromwich

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 West Bromwich. 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 West Bromwich

Comparison with neighbouring postcode sectors

The table below shows how 'B70 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B70 7 West Bromwich	£207 sqft	£253 sqft	£289 sqft
B70 0 West Bromwich	£212 sqft	£259 sqft	£284 sqft
B70 8 West Bromwich	£140 sqft	£159 sqft	£192 sqft
B70 6 West Bromwich	£130 sqft	£163 sqft	£230 sqft
B70 9 West Bromwich	£180 sqft	£206 sqft	£261 sqft

Will West Bromwich 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 B70 8 (West Bromwich) compared with both the wider area B70 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 West Bromwich 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 West Bromwich 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.

New build activity

Street	Avg size	Avg £sqft	New build sales
Victoria Street, West Bromwich, B70 8B	645 sqft	£238	32

Victoria Street, West Bromwich, B70 8B has seen 32 new build sales in the last 4 years (average price £151,750). These new build homes typically have an internal area of 645 sqft, with an average price of £238 sqft. This £sqft average is £79 above the average for B70 8. New builds typically command a £ per sqft premium so this is normal.

Raw data

Our analysis of West Bromwich 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	sqft	£/sqft
52, Dartmouth St, West Bromwich	£145,000 Mar-2024	807	179
66, Margaret St, West Bromwich	£150,000 Mar-2024	742	201
19, Grange Rd, West Bromwich	£180,000 Mar-2024	1,184	151

See the entire list of all sales in West Bromwich (B70 8) here.