Feb 07, 2023 by HM

House prices in Bordesley Green (B9 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Bordesley Green (B9 5).


Defining 'B9 5'

This analysis is limited to properties whose postcode starts with "B9 5", 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 Bordesley Green 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. 99, Blakeland Street, Bordesley Green, sold for £160,000 on Feb-2024. Given the internal area of 94 square metres, the price per sqm is £1,702.

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. £2,350-£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 148 sales in Bordesley Green (B9 5) that took place in the last two years.

Distribution of £ per sqm for Bordesley Green (B9 5)
Distribution of £ per sqm house prices in Bordesley Green

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 Bordesley Green (B9 5). Of the 148 transactions, half were sold for between £1,870 and £2,440 per square metre. The median, or 'middle', price per square metre in 'B9 5' is £2,130. Notably, only 25% of properties that sold recently were valued at more than £2,440m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bordesley Green

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 Bordesley Green. 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 Bordesley Green
House price heatmap for Bordesley Green

Comparison with neighbouring postcode sectors

The table below shows how 'B9 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B9 5 Bordesley Green £1,870m2 £2,130m2 £2,440m2
B9 4 Birmingham £1,880m2 £2,250m2 £2,550m2

Will Bordesley Green 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 B9 5 (Bordesley Green). 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 B9 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Bordesley Green (B9 5) over time
House price trends for Bordesley Green

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Churchill Road, Bordesley Green, B9 5N 86m2 £1,886 18
Pretoria Road, Bordesley Green, B9 5L 81m2 £1,818 17
Newbridge Road, Bordesley Green, B9 5J 97m2 £2,233 14
Kenwood Road, Bordesley Green, B9 5U 78m2 £2,177 13
Third Avenue, Bordesley Green, B9 5R 89m2 £1,874 11
Yardley Green Road, Bordesley Green, B9 5Q 105m2 £1,969 11
Green Lane, Bordesley Green, B9 5P 97m2 £1,649 11
Blake Lane, Bordesley Green, B9 5Q 86m2 £1,921 10

Search for your street here.

Raw data

Our analysis of Bordesley Green 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
99, Blakeland St, Bordesley Green £160,000
Feb-2024
94 1,702
117, Newbridge Rd, Bordesley Green £250,000
Dec-2023
86 2,906
162, Fordrough Lane, Bordesley Green £221,000
Dec-2023
84 2,630

See the entire list of all sales in Bordesley Green (B9 5) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.