Feb 07, 2023 by HM

House prices in Shirley (B90 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Shirley (B90 3).

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Price per square metre

Knowing the average house price in Shirley 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. 133, Solihull Road, Shirley, sold for £468,000 on Sep-2023. Given the internal area of 109 square metres, the price per sqm is £4,293.

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 270 sales in Shirley (B90 3) 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 Shirley (B90 3). Of the 270 transactions, half were sold for between £3,260 and £4,440 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,440m². 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 'B90 3' is £3,890. The table below shows how 'B90 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B90 2 Shirley	£3,350m2	£3,850m2	£4,290m2
B90 1 Dickens Heath	£2,810m2	£3,330m2	£3,980m2
B90 4 Cheswick Green	£3,400m2	£4,020m2	£4,640m2
B90 8 Blythe Valley Park	£3,780m2	£4,450m2	£4,690m2
B90 3 Shirley	£3,260m2	£3,890m2	£4,440m2

Will Shirley 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 B90 3 (Shirley). 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 B90 3 and the blue dots are the individual property sales that inform this trend.

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

Price map for Shirley

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 Shirley. 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 Shirley

Street level data

Street	Avg size	Avg £/m2	Recent sales
Stanway Road, Shirley, B90 3J	105m2	£3,494	35
Yoxall Road, Shirley, B90 3R	94m2	£3,876	30
Streetsbrook Road, Shirley, B90 3P	106m2	£3,712	25
Cropthorne Road, Shirley, B90 3J	107m2	£3,560	25
Olton Road, Shirley, B90 3N	85m2	£3,301	25
Longmore Road, Shirley, B90 3E	97m2	£3,668	25
Ralph Road, Shirley, B90 3J	96m2	£3,733	24
Welford Road, Shirley, B90 3H	102m2	£3,953	17

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Solihull Road, Shirley, B90 3H	101m2	£4,233	10

Solihull Road, Shirley, B90 3H has seen 10 new build sales in the last 4 years (average price £379,458). These new build homes typically have an internal area of 101 m2, with an average price of £4,233 m2. This £sqm average is £343 above the average for B90 3. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Shirley 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
133, Solihull Rd, Shirley	£468,000 Sep-2023	109	4,293
23, Parkgate Mews, Shirley	£400,000 Sep-2023	136	2,941
21, Headley Rise, Shirley	£350,000 Sep-2023	90	3,888

See the entire list of all sales in Shirley (B90 3) here.