Feb 07, 2023 by HM

House prices in Blythe Valley Park (B90 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Blythe Valley Park (B90 8).

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Price per square metre

Knowing the average house price in Blythe Valley Park 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. 12, James Watt Drive, Blythe Valley Park, Shirley, sold for £398,000 on Sep-2023. Given the internal area of 79 square metres, the price per sqm is £5,037.

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. £4,450-£4,500, £4,500-£4,550, £4,550-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 9 sales in Blythe Valley Park (B90 8) 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 Blythe Valley Park (B90 8). Of the 9 transactions, half were sold for between £3,780 and £4,690 per square metre. 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.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'B90 8' is £4,450. The table below shows how 'B90 8' 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 Blythe Valley Park 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 8 (Blythe Valley Park). 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 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Blythe Valley Park

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 Blythe Valley Park. 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 Blythe Valley Park

New build activity

Street	Avg size	Avg £/m2	New build sales
James Watt Drive, Blythe Valley Park, B90 8B	86m2	£4,065	17
Stroudley Road, Blythe Valley Park, B90 8A	113m2	£4,002	9
Murdoch Drive, Blythe Valley Park, B90 8B	112m2	£4,116	9

James Watt Drive, Blythe Valley Park, B90 8B has seen 17 new build sales in the last 4 years (average price £358,987). These new build homes typically have an internal area of 86 m2, with an average price of £4,065 m2. This £sqm average is £-385 below the average for B90 8. New builds typically command a £ per sqm premium. In the case of James Watt Drive 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 Blythe Valley Park 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
12, James Watt Drive, Blythe Valley Park, Shirley	£398,000 Sep-2023	79	5,037
2, James Watt Drive, Blythe Valley Park, Shirley	£308,000 Jun-2023	65	4,738
5, Woodlands Pl, Blythe Valley Park, Shirley	£403,500 Apr-2023	113	3,570

See the entire list of all sales in Blythe Valley Park (B90 8) here.