Feb 07, 2023 by HM

# House prices in Stoke Golding (CV13 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Stoke Golding (CV13 6).

## Price per square metre

Knowing the average house price in Stoke Golding 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. 28, Ryelands Crescent, Stoke Golding, Barlestone, sold for £245,000 on Aug-2023. Given the internal area of 73 square metres, the price per sqm is £3,356.

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 74 sales in Stoke Golding (CV13 6) that took place in the last two years.

##### Distribution of £ per sqm for Stoke Golding (CV13 6)
Distribution of £ per sqm house prices in Stoke Golding

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 Stoke Golding (CV13 6). Of the 74 transactions, half were sold for between £3,070 and £3,940 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,940m2. 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 'CV13 6' is £3,500. The table below shows how 'CV13 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV13 6 Stoke Golding £3,070m2 £3,500m2 £3,940m2
CV13 0 Barlestone £2,740m2 £3,170m2 £3,760m2

## Will Stoke Golding 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 CV13 6 (Stoke Golding). 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 CV13 6 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Stoke Golding (CV13 6) over time
House price trends for Stoke Golding

Hover on any blue dot to see details of specific sales

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

## Price map for Stoke Golding

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 Stoke Golding. 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 Stoke Golding

## Street level data

Street Avg size Avg £/m2 Recent sales
Main Street, Stoke Golding, CV13 6A 96m2 £3,421 17
Hilary Bevins Close, Stoke Golding, CV13 6A 118m2 £2,898 15
Foxs Covert, Stoke Golding, CV13 6B 102m2 £3,850 12
Sherwood Road, Stoke Golding, CV13 6E 90m2 £3,396 10
Arnold Road, Stoke Golding, CV13 6J 81m2 £3,474 10
Barton Road, Stoke Golding, CV13 6N 110m2 £3,472 8
Convent Drive, Stoke Golding, CV13 6J 79m2 £3,226 7
Station Road, Stoke Golding, CV13 6A 89m2 £2,916 7

## Raw data

Our analysis of Stoke Golding 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.