# House prices in B77 5 (Wilnecote)

## Defining 'B77 5'

This analysis is limited to properties whose postcode starts with "B77 5", 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 Wilnecote.

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 Wilnecote 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. Flat 5 Blyth Court, 3, Torrent Close, Wilnecote, sold for £125,000 on Mar-2024. Given the internal area of 53 square metres, the price per sqm is £2,358.

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 213 sales in Wilnecote (B77 5) that took place in the last two years.

##### Distribution of £ per sqm for Wilnecote
Distribution of £ per sqm house prices in Wilnecote

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 Wilnecote (B77 5). Of the 213 transactions, half were sold for between £2,370 and £3,390 per square metre. The median, or 'middle', price per square metre in 'B77 5' is £2,870. Notably, only 25% of properties that sold recently were valued at more than £3,390 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 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.

House price heatmap for Wilnecote

## Comparison with neighbouring postcode sectors

The table below shows how 'B77 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B77 1 Dosthill £2,660 sqm £3,330 sqm £3,680 sqm
B77 3 Amington £2,330 sqm £2,730 sqm £3,210 sqm
B77 5 Wilnecote £2,370 sqm £2,870 sqm £3,390 sqm
B77 2 Tamworth £2,130 sqm £2,650 sqm £3,150 sqm
B77 4 Wilnecote £2,280 sqm £3,010 sqm £3,470 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 5 (Wilnecote) 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 Wilnecote,Wilnecote
House price trends for Wilnecote

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 5 sales
Recent trends for Wilnecote

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
Peel Drive, Wilnecote, B77 5F 78 sqm £2,368 37
Hockley Road, Wilnecote, B77 5E 87 sqm £2,770 34
Sycamore, Wilnecote, B77 5H 64 sqm £2,968 27
Valley Drive, Wilnecote, B77 5F 99 sqm £2,535 26
Palmerston Avenue, Wilnecote, B77 5F 91 sqm £2,264 18
Watling Street, Wilnecote, B77 5B 83 sqm £2,139 17
Shelton Street, Wilnecote, B77 5D 77 sqm £2,062 15
Brambling, Wilnecote, B77 5P 70 sqm £3,027 15

## Raw data

Our analysis of Wilnecote 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.