Feb 07, 2023 by HM

House prices in Glascote (B77 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Glascote (B77 2).

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Price per square metre

Knowing the average house price in Glascote 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. 2, Barlow Avenue, Glascote, Wilnecote, sold for £265,000 on Sep-2023. Given the internal area of 128 square metres, the price per sqm is £2,070.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 275 sales in Glascote (B77 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 Glascote (B77 2). Of the 275 transactions, half were sold for between £2,070 and £3,100 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,100m². 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 'B77 2' is £2,560. The table below shows how 'B77 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B77 2 Glascote	£2,070m2	£2,560m2	£3,100m2
B77 3 Amington	£2,320m2	£2,760m2	£3,180m2
B77 5 Wilnecote	£2,280m2	£2,820m2	£3,290m2
B77 1 Dosthill	£2,480m2	£3,170m2	£3,630m2
B77 4 Wilnecote	£2,250m2	£2,940m2	£3,420m2

Will Glascote 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 B77 2 (Glascote). 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 B77 2 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Glascote 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 Glascote data or any other data I am given.

Price map for Glascote

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 Glascote. 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 Glascote

Street level data

Street	Avg size	Avg £/m2	Recent sales
Furness, Glascote, B77 2Q	55m2	£2,980	27
Wilnecote Lane, Glascote, B77 2L	87m2	£2,552	25
Parkside, Glascote, B77 2J	67m2	£2,834	20
Glascote Road, Glascote, B77 2B	96m2	£2,186	20
Lowes Drive, Glascote, B77 2T	95m2	£2,424	19
Chapelon, Glascote, B77 2E	91m2	£1,561	17
Belgrave Road, Glascote, B77 2L	77m2	£2,226	16
Basin Lane, Glascote, B77 2A	81m2	£2,275	15

Search for your street here.

Raw data

Our analysis of Glascote 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
2, Barlow Avenue, Glascote, Wilnecote	£265,000 Sep-2023	128	2,070
7, Leven Rd, Glascote, Wilnecote	£249,500 Aug-2023	85	2,935
12, Jensen, Glascote, Wilnecote	£302,000 Aug-2023	110	2,745

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