Feb 07, 2023 by HM

House prices in Astwood Bank (B96 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Astwood Bank (B96 6).

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Price per square metre

Knowing the average house price in Astwood Bank 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. The Bungalow, , Astwood Bank, sold for £725,000 on Sep-2023. Given the internal area of 167 square metres, the price per sqm is £4,341.

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 119 sales in Astwood Bank (B96 6) 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 Astwood Bank (B96 6). Of the 119 transactions, half were sold for between £2,980 and £4,220 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,220m². 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 'B96 6' is £3,540. The table below shows how 'B96 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
B96 6 Astwood Bank	£2,980m2	£3,540m2	£4,220m2

Will Astwood Bank 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 B96 6 (Astwood Bank). 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 B96 6 and the blue dots are the individual property sales that inform this trend.

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

Price map for Astwood Bank

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 Astwood Bank. 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 Astwood Bank

Street level data

Street	Avg size	Avg £/m2	Recent sales
Evesham Road, Astwood Bank, B96 6A	88m2	£3,385	17
High Street, Astwood Bank, B96 6H	96m2	£3,662	14
Foregate Street, Astwood Bank, B96 6B	64m2	£1,992	11
Avenue Road, Astwood Bank, B96 6A	107m2	£2,967	11
Chestnut Road, Astwood Bank, B96 6A	101m2	£2,991	10
Evesham Road, Astwood Bank, B96 6E	109m2	£2,992	10
Western Hill Close, Astwood Bank, B96 6B	114m2	£2,657	10
Church Road, Astwood Bank, B96 6D	89m2	£3,055	9

Search for your street here.

Raw data

Our analysis of Astwood Bank 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
The Bungalow, , Astwood Bank	£725,000 Sep-2023	167	4,341
9, Mill Lane, Astwood Bank	£478,000 Sep-2023	78	6,128
14, Retreat St, Astwood Bank	£398,000 Sep-2023	140	2,842

See the entire list of all sales in Astwood Bank (B96 6) here.