House prices in B74 3 (Sutton Coldfield)

This article reveals price per square metre data and various charts to help you understand current housing market in Sutton Coldfield (B74 3).


Defining 'B74 3'

This analysis is limited to properties whose postcode starts with "B74 3", 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 Sutton Coldfield.

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 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. Apartment 1 Chatsworth House, Chepstow Place, Sutton Coldfield, sold for £262,000 on Mar-2024. Given the internal area of 76 square metres, the price per sqm is £3,447.

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. £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 260 sales in Sutton Coldfield (B74 3) that took place in the last two years.

Distribution of £ per sqm for Sutton Coldfield
Distribution of £ per sqm house prices in Sutton Coldfield

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 Sutton Coldfield (B74 3). Of the 260 transactions, half were sold for between £3,080 and £4,460 per square metre. The median, or 'middle', price per square metre in 'B74 3' is £3,820. Notably, only 25% of properties that sold recently were valued at more than £4,460 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 Sutton Coldfield

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 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.

Property price heatmap for Sutton Coldfield
House price heatmap for Sutton Coldfield

Comparison with neighbouring postcode sectors

The table below shows how 'B74 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B74 3 Sutton Coldfield £3,080 sqm £3,820 sqm £4,460 sqm
B74 4 Sutton Coldfield £3,270 sqm £4,070 sqm £4,780 sqm
B74 2 Sutton Coldfield £2,980 sqm £3,520 sqm £4,130 sqm

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 chart below for B74 3 (Sutton Coldfield) compared with both the wider area B74 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 Sutton Coldfield,Sutton Coldfield
House price trends for Sutton Coldfield

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 B74 3 sales
Recent trends for Sutton Coldfield

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 Sutton Coldfield 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 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.

Street level data

Street Avg size Avg £sqm Recent sales
Chester Road, Sutton Coldfield, B74 3N 110 sqm £3,189 25
Aldridge Road, Sutton Coldfield, B74 3T 96 sqm £3,780 21
Elmtree Road, Sutton Coldfield, B74 3R 98 sqm £3,604 18
Foley Road West, Sutton Coldfield, B74 3N 126 sqm £4,006 16
Grange Drive, Sutton Coldfield, B74 3D 78 sqm £2,330 15
Chester Road, Sutton Coldfield, B74 3Q 51 sqm £2,176 15
Hardwick Road, Sutton Coldfield, B74 3D 132 sqm £4,087 14
Bridle Lane, Sutton Coldfield, B74 3H 90 sqm £3,475 13

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 sqm £/sqm
Apartment 1 Chatsworth House, Chepstow Pl, Sutton Coldfield £262,000
Mar-2024
76 3,447
7, The Fairways, Sutton Coldfield £840,000
Mar-2024
234 3,589
20, Horsley Rd, Sutton Coldfield £215,000
Feb-2024
62 3,467

See the entire list of all sales in Sutton Coldfield (B74 3) 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.