Feb 07, 2023 by HM

House prices in Dorridge (B93 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Dorridge (B93 8).

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Price per square metre

Knowing the average house price in Dorridge 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. Apartment 52 Ravenshaw Court, 73, Four Ashes Road, Dorridge, Knowle, sold for £90,000 on Oct-2023. Given the internal area of 55 square metres, the price per sqm is £1,636.

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. £5,150-£5,500, £5,500-£5,850, £5,850-£6,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 204 sales in Dorridge (B93 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 Dorridge (B93 8). Of the 204 transactions, half were sold for between £4,270 and £5,650 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,650m². 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 'B93 8' is £4,980. The table below shows how 'B93 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B93 8 Dorridge	£4,270m2	£4,980m2	£5,650m2
B93 0 Knowle	£3,840m2	£4,740m2	£5,410m2
B93 9 Knowle	£4,510m2	£5,070m2	£5,510m2

Will Dorridge 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 B93 8 (Dorridge). 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 B93 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Dorridge

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 Dorridge. 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 Dorridge

Street level data

Street	Avg size	Avg £/m2	Recent sales
Poplar Road, Dorridge, B93 8D	80m2	£4,279	35
Four Ashes Road, Dorridge, B93 8N	95m2	£3,911	23
Station Road, Dorridge, B93 8E	126m2	£4,219	23
Mill Lane, Dorridge, B93 8N	107m2	£4,212	17
Winster Avenue, Dorridge, B93 8S	61m2	£4,875	15
Hanbury Road, Dorridge, B93 8D	128m2	£4,935	14
Newlands Road, Dorridge, B93 8A	101m2	£3,984	13
Dorridge Road, Dorridge, B93 8B	195m2	£6,189	12

Search for your street here.

Raw data

Our analysis of Dorridge 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
Apartment 52 Ravenshaw Court, 73, Four Ashes Rd, Dorridge, Knowle	£90,000 Oct-2023	55	1,636
20, Apsley Grove, Dorridge, Knowle	£937,500 Oct-2023	192	4,882
59, Newlands Rd, Dorridge, Knowle	£482,000 Oct-2023	112	4,303

See the entire list of all sales in Dorridge (B93 8) here.