Feb 07, 2023 by HM

House prices in Sutton Coldfield (B75 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Sutton Coldfield (B75 5).

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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. 32, Harvest Fields Way, Sutton Coldfield, sold for £290,000 on Aug-2023. Given the internal area of 69 square metres, the price per sqm is £4,202.

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 222 sales in Sutton Coldfield (B75 5) 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 (B75 5). Of the 222 transactions, half were sold for between £3,270 and £4,560 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,560m². 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 'B75 5' is £3,970. The table below shows how 'B75 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B75 5 Sutton Coldfield	£3,270m2	£3,970m2	£4,560m2
B75 7 Sutton Coldfield	£2,700m2	£3,120m2	£3,680m2
B75 6 Sutton Coldfield	£3,700m2	£4,120m2	£4,760m2

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 B75 5 (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 B75 5 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
Hill Village Road, Sutton Coldfield, B75 5J	113m2	£3,300	24
Slade Road, Sutton Coldfield, B75 5P	103m2	£3,570	22
Willmott Road, Sutton Coldfield, B75 5N	105m2	£3,572	22
Tower Road, Sutton Coldfield, B75 5E	86m2	£2,930	21
Worcester Lane, Sutton Coldfield, B75 5N	110m2	£3,951	20
Clarendon Road, Sutton Coldfield, B75 5J	73m2	£3,346	18
Marlpit Lane, Sutton Coldfield, B75 5P	77m2	£3,122	18
Grange Lane, Sutton Coldfield, B75 5L	90m2	£3,740	14

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
32, Harvest Fields Way, Sutton Coldfield	£290,000 Aug-2023	69	4,202
12, Sowers Court, Sutton Coldfield	£260,000 Aug-2023	64	4,062
Flat 1 Cotswold Court, Hill Village Rd, Sutton Coldfield	£100,000 Aug-2023	68	1,470

See the entire list of all sales in Sutton Coldfield (B75 5) here.