Feb 07, 2023 by HM

House prices in Warton (B79 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Warton (B79 0).

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Price per square metre

Knowing the average house price in Warton 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. 3, Seckington Lane, Warton, Tamworth, sold for £575,000 on Jul-2023. Given the internal area of 143 square metres, the price per sqm is £4,020.

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 88 sales in Warton (B79 0) 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 Warton (B79 0). Of the 88 transactions, half were sold for between £2,690 and £3,380 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,380m². 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 'B79 0' is £3,000. The table below shows how 'B79 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B79 0 Warton	£2,690m2	£3,000m2	£3,380m2
B79 8 Tamworth	£2,330m2	£2,760m2	£3,320m2
B79 7 Tamworth	£2,160m2	£2,630m2	£3,190m2
B79 9 Elford	£2,930m2	£3,410m2	£3,880m2

Will Warton 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 B79 0 (Warton). 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 B79 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Warton

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 Warton. 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 Warton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Main Street, Warton, B79 0A	120m2	£3,043	12
Orton Road, Warton, B79 0H	107m2	£2,906	9
Alvecote Cottages, Warton, B79 0D	75m2	£2,156	9
Austrey Road, Warton, B79 0H	108m2	£2,903	9
Chestnut Lane, Warton, B79 0B	117m2	£3,340	8
Willowherb Close, Warton, B79 0E	185m2	£2,750	7
Ivy Croft Road, Warton, B79 0J	109m2	£2,452	6
Austrey Lane, Warton, B79 0N	188m2	£2,222	6

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Meadow Way, Warton, B79 0E	90m2	£2,915	26
Meadow Way, Warton, B79 0D	106m2	£3,065	11

Meadow Way, Warton, B79 0E has seen 26 new build sales in the last 4 years (average price £269,608). These new build homes typically have an internal area of 90 m2, with an average price of £2,915 m2. This £sqm average is £-85 below the average for B79 0. New builds typically command a £ per sqm premium. In the case of Meadow Way the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Warton 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
3, Seckington Lane, Warton, Tamworth	£575,000 Jul-2023	143	4,020
32, Ivy Croft Rd, Warton, Tamworth	£230,000 Jul-2023	84	2,738
46, Main Rd, Warton, Tamworth	£275,000 Jul-2023	127	2,165

See the entire list of all sales in Warton (B79 0) here.