House prices in B79 8 (Tamworth)

This article reveals price per square metre data and various charts to help you understand current housing market in Tamworth (B79 8).


Defining 'B79 8'

This analysis is limited to properties whose postcode starts with "B79 8", 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. 4, Bentley Way, Tamworth, sold for £245,000 on Mar-2024. Given the internal area of 90 square metres, the price per sqm is £2,722.

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. £2,800-£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 202 sales in Tamworth (B79 8) that took place in the last two years.

Distribution of £ per sqm for Tamworth
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 (B79 8). Of the 202 transactions, half were sold for between £2,370 and £3,380 per square metre. The median, or 'middle', price per square metre in 'B79 8' is £2,830. Notably, only 25% of properties that sold recently were valued at more than £3,380 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

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 Tamworth. 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

Comparison with neighbouring postcode sectors

The table below shows how 'B79 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B79 0 Warton £2,720 sqm £3,050 sqm £3,440 sqm
B79 9 Elford £3,160 sqm £3,540 sqm £3,890 sqm
B79 7 Tamworth £2,120 sqm £2,580 sqm £3,170 sqm
B79 8 Tamworth £2,370 sqm £2,830 sqm £3,380 sqm

Will Tamworth 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 B79 8 (Tamworth) compared with both the wider area B79 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,Tamworth
House price trends for Tamworth

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 B79 8 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 Tamworth 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 Tamworth 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
Comberford Road, Tamworth, B79 8P 115 sqm £2,969 29
Gillway Lane, Tamworth, B79 8P 127 sqm £3,187 24
Memorial Drive, Tamworth, B79 8U 87 sqm £2,909 16
Browns Lane, Tamworth, B79 8T 113 sqm £2,823 15
Mildenhall, Tamworth, B79 8R 92 sqm £2,638 14
Lillingstone Avenue, Tamworth, B79 8F 93 sqm £3,026 11
Masefield Drive, Tamworth, B79 8J 73 sqm £2,160 10
Claremont Road, Tamworth, B79 8E 85 sqm £2,804 10

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Wigginton Gardens, Tamworth, B79 8B 124 sqm £2,713 10

Wigginton Gardens, Tamworth, B79 8B has seen 10 new build sales in the last 4 years (average price £343,800). These new build homes typically have an internal area of 124 sqm, with an average price of £2,713 sqm. This £sqm average is £-117 below the average for B79 8. New builds typically command a £ per sqm premium. In the case of Wigginton Gardens 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 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
4, Bentley Way, Tamworth £245,000
Mar-2024
90 2,722
7, Keats Close, Tamworth £190,000
Feb-2024
109 1,743
138, Mildenhall, Tamworth £220,000
Feb-2024
64 3,437

See the entire list of all sales in Tamworth (B79 8) 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.