Feb 07, 2023 by HM

House prices in Sutton Coldfield (B75 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Sutton Coldfield (B75 6).


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. 69, St Andrews Road, Sutton Coldfield, sold for £500,000 on Oct-2023. Given the internal area of 132 square metres, the price per sqm is £3,787.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 163 sales in Sutton Coldfield (B75 6) that took place in the last two years.

Distribution of £ per sqm for Sutton Coldfield (B75 6)
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.

That said, the spread of prices will give you a feel of the typical range to expect in Sutton Coldfield (B75 6). Of the 163 transactions, half were sold for between £3,700 and £4,760 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,760m2. 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 6' is £4,120. The table below shows how 'B75 6' 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 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 B75 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Sutton Coldfield (B75 6) over time
House price trends for Sutton Coldfield

Hover on any blue dot to see details of specific sales

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.

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

Street level data

Street Avg size Avg £/m2 Recent sales
Tamworth Road, Sutton Coldfield, B75 6D 147m2 £4,178 21
Whitehouse Common Road, Sutton Coldfield, B75 6D 125m2 £3,642 18
Dower Road, Sutton Coldfield, B75 6T 98m2 £4,480 17
Ashfurlong Crescent, Sutton Coldfield, B75 6E 106m2 £4,203 17
Rowallan Road, Sutton Coldfield, B75 6R 111m2 £3,871 17
Honeyborne Road, Sutton Coldfield, B75 6B 125m2 £4,133 16
Whitehouse Crescent, Sutton Coldfield, B75 6E 90m2 £4,413 16
West View Road, Sutton Coldfield, B75 6A 111m2 £3,509 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
69, St Andrews Rd, Sutton Coldfield £500,000
Oct-2023
132 3,787
Flat 31 Sutton Court, Little Sutton Lane, Sutton Coldfield £125,500
Sep-2023
63 1,992
3, Queenswood Rd, Sutton Coldfield £494,000
Aug-2023
127 3,889

See the entire list of all sales in Sutton Coldfield (B75 6) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.