Feb 07, 2023 by HM

House prices in Sutton Coldfield (B73 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Sutton Coldfield (B73 6).

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Price per square metre

Knowing the average house price in Sutton Coldfield 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. 16, Durley Drive, Sutton Coldfield, sold for £540,000 on Oct-2023. Given the internal area of 121 square metres, the price per sqm is £4,462.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 226 sales in Sutton Coldfield (B73 6) 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 Sutton Coldfield (B73 6). Of the 226 transactions, half were sold for between £2,960 and £4,270 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,270m². 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 'B73 6' is £3,780. The table below shows how 'B73 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B73 5 Sutton Coldfield	£2,800m2	£3,450m2	£4,040m2
B73 6 Sutton Coldfield	£2,960m2	£3,780m2	£4,270m2

Will Sutton Coldfield 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 B73 6 (Sutton Coldfield). 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 B73 6 and the blue dots are the individual property sales that inform this trend.

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

Price map for Sutton Coldfield

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 Sutton Coldfield. 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 Sutton Coldfield

Street level data

Street	Avg size	Avg £/m2	Recent sales
Monmouth Drive, Sutton Coldfield, B73 6J	149m2	£3,717	28
Westwood Road, Sutton Coldfield, B73 6U	105m2	£3,428	27
Halton Road, Sutton Coldfield, B73 6N	109m2	£4,029	26
Braemar Road, Sutton Coldfield, B73 6L	88m2	£3,594	21
Caversham Place, Sutton Coldfield, B73 6H	94m2	£2,605	20
Garrard Gardens, Sutton Coldfield, B73 6D	59m2	£2,309	19
Tudor Hill, Sutton Coldfield, B73 6B	184m2	£3,710	17
Darnick Road, Sutton Coldfield, B73 6P	128m2	£3,599	16

Search for your street here.

Raw data

Our analysis of Sutton Coldfield 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
16, Durley Drive, Sutton Coldfield	£540,000 Oct-2023	121	4,462
41, Manor Rd, Sutton Coldfield	£565,000 Sep-2023	127	4,448
8, Woodland Rise, Sutton Coldfield	£460,000 Aug-2023	153	3,006

See the entire list of all sales in Sutton Coldfield (B73 6) here.