Feb 07, 2023 by HM

House prices in Solihull (B92 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Solihull (B92 8).

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Price per square metre

Knowing the average house price in Solihull 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. 30, Burford Close, Solihull, sold for £275,000 on Oct-2023. Given the internal area of 76 square metres, the price per sqm is £3,618.

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. £2,800-£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 284 sales in Solihull (B92 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 Solihull (B92 8). Of the 284 transactions, half were sold for between £2,920 and £3,930 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,930m². 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 'B92 8' is £3,530. The table below shows how 'B92 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B92 7 Solihull	£2,840m2	£3,350m2	£3,790m2
B92 8 Solihull	£2,920m2	£3,530m2	£3,930m2
B92 0 Hampton In Arden	£3,670m2	£4,210m2	£4,920m2
B92 9 Solihull	£2,900m2	£3,330m2	£3,820m2

Will Solihull 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 B92 8 (Solihull). 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 B92 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Solihull

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 Solihull. 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 Solihull

Street level data

Street	Avg size	Avg £/m2	Recent sales
Old Lode Lane, Solihull, B92 8L	69m2	£2,502	28
Harvard Road, Solihull, B92 8E	81m2	£3,311	25
Hobs Moat Road, Solihull, B92 8J	91m2	£2,832	24
Knightsbridge Road, Solihull, B92 8R	91m2	£3,655	23
Chelmscote Road, Solihull, B92 8B	87m2	£2,109	21
Wellsford Avenue, Solihull, B92 8H	74m2	£3,583	21
Ulverley Green Road, Solihull, B92 8A	107m2	£3,687	21
Summerfield Road, Solihull, B92 8P	76m2	£3,635	19

Search for your street here.

Raw data

Our analysis of Solihull 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
30, Burford Close, Solihull	£275,000 Oct-2023	76	3,618
Apartment 12 Kingsford Court, 125, Ulleries Rd, Solihull	£80,000 Sep-2023	53	1,509
19, Hobs Moat Rd, Solihull	£312,500 Sep-2023	98	3,188

See the entire list of all sales in Solihull (B92 8) here.