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House Prices in B72 House Prices in B72 (Sutton Coldfield)

The average house price in B72 (Sutton Coldfield) is £392,937 using HM Land Registry data.

The average property price increased by £91,954 (37.65%) over the last 5 years and increased by £18,425 (5.27%) over the last 12 months.

Over the last year, there were 86 residential property sales – a decrease of 57 transactions (-66.28%) relative to the previous year. The majority of house sales (23) were in the £256,000 - £392,000 range. Then came properties in the £392,000 - £528,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,267 (-1%).

In Oct 24, there were 30 new estate agency instructions, 24 agreed home sales and 31 property price reductions.

Nearby Postcodes: B23, B24, B35, B36, B43, B44, B46, B6, B7, B73, B74, B75, B76, B78, B8, WS14, WS9

5-Year Average Property Prices in B72 (Sutton Coldfield)

37.65%

Property prices in Sutton Coldfield increased by 37.65% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B72 (Sutton Coldfield) Over the Last Year

5.27%

Property prices in Sutton Coldfield increased by 5.27% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for B72 (Sutton Coldfield) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B72 (Sutton Coldfield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B72 (Sutton Coldfield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B72 (Sutton Coldfield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B72 (Sutton Coldfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B72 postcode area since 1995.

Recent Sales in B72 (Sutton Coldfield)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
123 Coles Lane, Sutton Coldfield, West Midlands, B72 1NL£235,000£229,000-£6,00016 Apr 202416 Aug 2024122 Days
179 Maney Hill Road, Sutton Coldfield, West Midlands, B72 1JW£475,000£434,000-£41,00005 Mar 202402 Aug 2024150 Days
264 Birmingham Road, Sutton Coldfield, West Midlands, B72 1DJ£800,000£780,000-£20,00009 Feb 202419 Jul 2024161 Days
189 Coles Lane, Sutton Coldfield, West Midlands, B72 1NP£375,000£373,500-£1,50005 Apr 202412 Jul 202498 Days
56 Coles Lane, Sutton Coldfield, West Midlands, B72 1NH£240,000£235,000-£5,00009 Jan 202403 Jul 2024176 Days
8 Cattock Hurst Drive, Sutton Coldfield, West Midlands, B72 1XG£475,000£470,000-£5,00021 Nov 202314 Jun 2024206 Days
2 Elms Road, Sutton Coldfield, West Midlands, B72 1JF£375,000£375,000£0020 Feb 202420 May 202490 Days
99 Wylde Green Road, Sutton Coldfield, West Midlands, B72 1HH£475,000£440,000-£35,00027 Feb 202414 May 202477 Days
8 Foxford Close, Sutton Coldfield, West Midlands, B72 1YT£380,000£370,000-£10,00021 Aug 202303 May 2024256 Days
1 Simpson Road, Sutton Coldfield, West Midlands, B72 1EP£449,950£435,000-£14,95029 Jan 202426 Apr 202488 Days
8 Monkseaton Road, Sutton Coldfield, West Midlands, B72 1LB£895,000£875,000-£20,00016 Oct 202328 Mar 2024164 Days
70 Elms Road, Sutton Coldfield, West Midlands, B72 1JF£475,000£460,000-£15,00002 Aug 202327 Mar 2024238 Days
137 Birmingham Road, Sutton Coldfield, West Midlands, B72 1LX£695,000£635,000-£60,00008 Nov 202322 Mar 2024135 Days
121 Ebrook Road, Sutton Coldfield, West Midlands, B72 1NT£325,000£315,000-£10,00001 Aug 202301 Mar 2024213 Days
180 Coles Lane, Sutton Coldfield, West Midlands, B72 1NS£395,000£387,500-£7,50015 Sep 202327 Feb 2024165 Days
18 Beverley Close, Sutton Coldfield, West Midlands, B72 1YF£380,000£372,000-£8,00017 Oct 202323 Feb 2024129 Days
9 Harman Road, Sutton Coldfield, West Midlands, B72 1AH£325,000£315,000-£10,00011 Aug 202316 Feb 2024189 Days
11 Coles Lane, Sutton Coldfield, West Midlands, B72 1NE£325,000£325,000£0031 Jul 202326 Jan 2024179 Days
12 Upper Holland Road, Sutton Coldfield, West Midlands, B72 1SU£485,000£485,000£0027 Jul 202319 Dec 2023145 Days
16 Greenhill Road, Sutton Coldfield, West Midlands, B72 1DS£850,000£802,000-£48,00007 Nov 202306 Dec 202329 Days

Most Expensive Streets in B72 (Sutton Coldfield)

PostcodeStreetAreaAverageNo. of Sales
B72 1DSGreenhill RoadSutton Coldfield£786,8715
B72 1DWBoultbee RoadSutton Coldfield£725,5006
B72 1DTBeech Hill RoadSutton Coldfield£680,0004
B72 1HPBrooks RoadSutton Coldfield£676,4449
B72 1DXThe GardensSutton Coldfield£675,0003
B72 1HFKempson AvenueSutton Coldfield£632,0005
B72 1LUBirmingham RoadSutton Coldfield£603,8005
B72 1HDWylde Green RoadSutton Coldfield£598,7508
B72 1JWManey Hill RoadSutton Coldfield£589,3336
B72 1LQPilkington AvenueSutton Coldfield£585,0003

Least Expensive Streets in B72 (Sutton Coldfield)

PostcodeStreetAreaAverageNo. of Sales
B72 1LYBirmingham RoadSutton Coldfield£106,50013
B72 1SADeeplow CloseSutton Coldfield£117,6663
B72 1SWKennedy CloseSutton Coldfield£121,5003
B72 1QQJacey Buildings, Birmingham RoadSutton Coldfield£123,1254
B72 1AYPenns LaneSutton Coldfield£133,45411
B72 1JHStratford Court, Maney Hill RoadSutton Coldfield£137,8577
B72 1TUMidland DriveSutton Coldfield£139,35714
B72 1ATBirmingham RoadSutton Coldfield£151,0005
B72 1RHBirmingham RoadSutton Coldfield£152,5704
B72 1JGSandy CroftSutton Coldfield£163,0004

Explore B72 (Sutton Coldfield) using map

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