House prices in B77 2 (Tamworth)

This article reveals price per square metre data and various charts to help you understand current housing market in 'B77 2' (Tamworth, Wilnecote) - statistics were last calculated on 30 June 2024.


Defining 'B77 2'

This analysis is limited to properties whose postcode starts with "B77 2", 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 Tamworth.

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 Tamworth 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. 33, Sunbeam, Tamworth, Wilnecote, sold for £220,000 on May-2024. Given the internal area of 66 square metres, the price per sqm is £3,333.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 224 sales in Tamworth (B77 2) that took place in the last two years.

Distribution of £ per sqm for Tamworth, Wilnecote
Distribution of £ per sqm house prices in Tamworth

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 Tamworth (B77 2). Of the 224 transactions, half were sold for between £2,130 and £3,150 per square metre. The median, or 'middle', price per square metre in 'B77 2' is £2,680. Notably, only 25% of properties that sold recently were valued at more than £3,150 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 Tamworth, Wilnecote

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 Wilnecote. 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 Tamworth
House price heatmap for Tamworth, Wilnecote

Comparison with neighbouring postcode sectors

The table below shows how 'B77 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B77 2 Tamworth £2,130 sqm £2,680 sqm £3,150 sqm
B77 4 Wilnecote £2,280 sqm £3,010 sqm £3,470 sqm
B77 3 Amington £2,400 sqm £2,840 sqm £3,310 sqm
B77 5 Wilnecote £2,370 sqm £2,840 sqm £3,340 sqm
B77 1 Dosthill £2,610 sqm £3,300 sqm £3,640 sqm

Will Wilnecote 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 B77 2 (Tamworth) compared with both the wider area B77 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 Tamworth,Wilnecote
House price trends for Tamworth

Download time series data as CSV (paying users only).

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 B77 2 sales
Recent trends for Tamworth

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 Wilnecote 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 Wilnecote 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
Furness, Tamworth, B77 2Q 55 sqm £3,053 26
Parkside, Tamworth, B77 2J 68 sqm £2,868 23
Wilnecote Lane, Tamworth, B77 2L 87 sqm £2,659 21
Lowes Drive, Tamworth, B77 2T 95 sqm £2,482 19
Belgrave Road, Tamworth, B77 2L 77 sqm £2,404 15
Glascote Road, Tamworth, B77 2B 95 sqm £2,212 14
Caledonian, Tamworth, B77 2E 90 sqm £1,662 14
Chapelon, Tamworth, B77 2E 89 sqm £1,543 14

Search for your street here.

Raw data

Our analysis of Tamworth 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
33, Sunbeam, Tamworth, Wilnecote £220,000
May-2024
66 3,333
Flat 12 Quay Point, 29, Basin Lane, Tamworth, Wilnecote £145,000
May-2024
53 2,735
65, Belgrave Rd, Tamworth, Wilnecote £160,000
May-2024
56 2,857

See the entire list of all sales in Tamworth (B77 2) 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.