Feb 07, 2023 by HM

# House prices in Warton (B79 0)

## Defining 'B79 0'

This analysis is limited to properties whose postcode starts with "B79 0", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

## 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. 10, Coppice Lane, Warton, Tamworth, sold for £615,000 on Jan-2024. Given the internal area of 193 square metres, the price per sqm is £3,186.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 87 sales in Warton (B79 0) that took place in the last two years.

##### Distribution of £ per sqm for Warton (B79 0)
Distribution of £ per sqm house prices in Warton

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 Warton (B79 0). Of the 87 transactions, half were sold for between £2,700 and £3,420 per square metre. The median, or 'middle', price per square metre in 'B79 0' is £3,030. Notably, only 25% of properties that sold recently were valued at more than £3,420m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Warton

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 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.

House price heatmap for Warton

## Comparison with neighbouring postcode sectors

The table below shows how 'B79 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B79 8 Tamworth £2,340m2 £2,780m2 £3,340m2
B79 7 Tamworth £2,170m2 £2,580m2 £3,190m2
B79 0 Warton £2,700m2 £3,030m2 £3,420m2
B79 9 Elford £3,000m2 £3,510m2 £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.

##### Price per square metre in Warton (B79 0) over time
House price trends for Warton

Hover on any blue dot to see details of specific sales

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.

## Street level data

Street Avg size Avg £/m2 Recent sales
Meadow Way, Warton, B79 0D 105m2 £3,257 24
Main Street, Warton, B79 0A 120m2 £3,066 12
Orton Road, Warton, B79 0H 111m2 £2,878 10
Chestnut Lane, Warton, B79 0B 116m2 £3,350 9
Austrey Road, Warton, B79 0H 108m2 £2,969 8
Alvecote Cottages, Warton, B79 0D 75m2 £2,349 8
Ivy Croft Road, Warton, B79 0J 109m2 £2,494 7
St Davids Road, Warton, B79 0B 92m2 £2,975 6

## New build activity

Street Avg size Avg £/m2 New build sales
Meadow Way, Warton, B79 0E 90m2 £3,018 11

Meadow Way, Warton, B79 0E has seen 11 new build sales in the last 4 years (average price £257,574). These new build homes typically have an internal area of 90 m2, with an average price of £3,018 m2. This £sqm average is £-12 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.