Feb 07, 2023 by HM

House prices in Cheswick Green (B90 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Cheswick Green (B90 4).


Defining 'B90 4'

This analysis is limited to properties whose postcode starts with "B90 4", 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 Cheswick 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. 4, Greenside, Cheswick Green, Shirley, sold for £280,000 on Feb-2024. Given the internal area of 76 square metres, the price per sqm is £3,684.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 285 sales in Cheswick Green (B90 4) that took place in the last two years.

Distribution of £ per sqm for Cheswick Green (B90 4)
Distribution of £ per sqm house prices in Cheswick 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 Cheswick Green (B90 4). Of the 285 transactions, half were sold for between £3,430 and £4,690 per square metre. The median, or 'middle', price per square metre in 'B90 4' is £4,070. Notably, only 25% of properties that sold recently were valued at more than £4,690m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Cheswick 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 Cheswick 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 Cheswick Green
House price heatmap for Cheswick Green

Comparison with neighbouring postcode sectors

The table below shows how 'B90 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B90 1 Dickens Heath £2,790m2 £3,360m2 £4,080m2
B90 2 Shirley £3,450m2 £3,870m2 £4,290m2
B90 4 Cheswick Green £3,430m2 £4,070m2 £4,690m2
B90 8 Blythe Valley Park £3,760m2 £4,420m2 £4,670m2
B90 3 Shirley £3,260m2 £3,890m2 £4,390m2

Will Cheswick 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 B90 4 (Cheswick 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 B90 4 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Cheswick Green (B90 4) over time
House price trends for Cheswick Green

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Noble Way, Cheswick Green, B90 4J 100m2 £3,780 23
Tilesford Close, Cheswick Green, B90 4Y 75m2 £4,358 20
Clinton Road, Cheswick Green, B90 4R 73m2 £3,486 18
Kerswell Drive, Cheswick Green, B90 4P 57m2 £4,357 16
Saxon Wood Road, Cheswick Green, B90 4J 103m2 £3,698 16
Shelly Crescent, Cheswick Green, B90 4X 55m2 £2,597 15
Blackford Road, Cheswick Green, B90 4B 120m2 £3,415 15
Boscobel Road, Cheswick Green, B90 4J 81m2 £3,363 14

Search for your street here.

Raw data

Our analysis of Cheswick 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
4, Greenside, Cheswick Green, Shirley £280,000
Feb-2024
76 3,684
246, Creynolds Lane, Cheswick Green, Shirley £524,738
Feb-2024
124 4,231
9, Avon Rd, Cheswick Green, Shirley £295,000
Feb-2024
92 3,206

See the entire list of all sales in Cheswick Green (B90 4) 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.