Feb 07, 2023 by HM

House prices in Sutton Coldfield (B76 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Sutton Coldfield (B76 2).

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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. 20a, Signal Hayes Road, Sutton Coldfield, sold for £195,067 on Aug-2023. Given the internal area of 63 square metres, the price per sqm is £3,096.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 137 sales in Sutton Coldfield (B76 2) 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 (B76 2). Of the 137 transactions, half were sold for between £3,240 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 'B76 2' is £3,770. The table below shows how 'B76 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B76 1 Sutton Coldfield	£3,120m2	£3,820m2	£4,270m2
B76 2 Sutton Coldfield	£3,240m2	£3,770m2	£4,270m2
B76 0 Lea Marston	£2,670m2	£3,290m2	£4,520m2
B76 9 Minworth	£2,500m2	£3,150m2	£3,790m2

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 B76 2 (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 B76 2 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
Stephens Road, Sutton Coldfield, B76 2T	91m2	£3,104	19
Water Mill Crescent, Sutton Coldfield, B76 2Q	82m2	£3,591	19
Springfield Crescent, Sutton Coldfield, B76 2S	91m2	£3,276	18
Berryfields Road, Sutton Coldfield, B76 2U	66m2	£2,258	15
Argus Close, Sutton Coldfield, B76 2T	56m2	£3,896	15
Walmley Road, Sutton Coldfield, B76 2P	117m2	£3,728	15
Springfield Road, Sutton Coldfield, B76 2S	96m2	£3,580	15
Stourton Close, Sutton Coldfield, B76 2U	80m2	£2,905	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	m2	£/m2
20a, Signal Hayes Rd, Sutton Coldfield	£195,067 Aug-2023	63	3,096
48, Stephens Rd, Sutton Coldfield	£280,000 Aug-2023	93	3,010
11, Hilary Drive, Sutton Coldfield	£340,000 Aug-2023	105	3,238

See the entire list of all sales in Sutton Coldfield (B76 2) here.