Feb 07, 2023 by HM

House prices in Snitterfield (CV37 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Snitterfield (CV37 0).


Price per square metre

Knowing the average house price in Snitterfield 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. 10, Hares Leap, Snitterfield, Stratford-Upon-Avon, sold for £393,000 on Sep-2023. Given the internal area of 89 square metres, the price per sqm is £4,415.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 184 sales in Snitterfield (CV37 0) that took place in the last two years.

Distribution of £ per sqm for Snitterfield (CV37 0)
Distribution of £ per sqm house prices in Snitterfield

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 Snitterfield (CV37 0). Of the 184 transactions, half were sold for between £2,980 and £4,240 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,240m2. 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 'CV37 0' is £3,640. The table below shows how 'CV37 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV37 7 Tiddington £3,360m2 £4,020m2 £4,590m2
CV37 6 Old Town £3,490m2 £4,180m2 £4,920m2
CV37 9 Wilmcote £3,360m2 £3,880m2 £4,490m2
CV37 0 Snitterfield £2,980m2 £3,640m2 £4,240m2
CV37 8 Lower Quinton £3,280m2 £3,690m2 £4,280m2

Will Snitterfield 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 CV37 0 (Snitterfield). 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 CV37 0 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Snitterfield (CV37 0) over time
House price trends for Snitterfield

Hover on any blue dot to see details of specific sales

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

Price map for Snitterfield

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 Snitterfield. 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.

Property price heatmap for Snitterfield
House price heatmap for Snitterfield

Street level data

Street Avg size Avg £/m2 Recent sales
St Peters Way, Snitterfield, CV37 0R 88m2 £3,111 23
Oakleigh Road, Snitterfield, CV37 0D 106m2 £3,558 15
Hamlet Way, Snitterfield, CV37 0A 66m2 £2,632 14
Squirrels Street, Snitterfield, CV37 0U 118m2 £3,371 13
The Green, Snitterfield, CV37 0J 117m2 £4,645 12
The Avenue, Snitterfield, CV37 0R 218m2 £3,925 11
Cordelia Close, Snitterfield, CV37 0A 75m2 £2,860 10
Bardswell Court, Snitterfield, CV37 0B 74m2 £2,912 10

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Sandringham Avenue, Snitterfield, CV37 0S 82m2 £3,933 20

Sandringham Avenue, Snitterfield, CV37 0S has seen 20 new build sales in the last 4 years (average price £325,083). These new build homes typically have an internal area of 82 m2, with an average price of £3,933 m2. This £sqm average is £293 above the average for CV37 0. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Snitterfield 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
10, Hares Leap, Snitterfield, Stratford-Upon-Avon £393,000
Sep-2023
89 4,415
12, Hares Leap, Snitterfield, Stratford-Upon-Avon £392,000
Aug-2023
89 4,404
8, Huxley Court, Snitterfield, Stratford-Upon-Avon £160,000
Aug-2023
54 2,962

See the entire list of all sales in Snitterfield (CV37 0) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.