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House Prices in B76 House Prices in B76 (Sutton Coldfield)

The average house price in B76 (Sutton Coldfield) is £419,375 using HM Land Registry data.

The average property price increased by £61,857 (27.61%) over the last 5 years and increased by £12,366 (4.12%) over the last 12 months.

Over the last year, there were 221 residential property sales – a decrease of 71 transactions (-32.13%) relative to the previous year. The majority of house sales (64) were in the £302,000 - £368,000 range. Then came properties in the £236,000 - £302,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,402 (-4%).

In June 2024, there were 51 new estate agency instructions, 38 agreed home sales and 47 property price reductions.

Nearby Postcodes: B23, B24, B34, B35, B36, B37, B40, B46, B7, B72, B73, B74, B75, B77, B78, B79, B8, CV10, CV7, CV9, WS14

5-Year Average Property Prices in B76 (Sutton Coldfield)

27.61%

Property prices in Sutton Coldfield increased by 27.61% 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 B76 (Sutton Coldfield) Over the Last Year

4.12%

Property prices in Sutton Coldfield increased by 4.12% 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 B76 (Sutton Coldfield) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 B76 (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 B76 (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 B76 (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 B76 (Sutton Coldfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B76 postcode area since 1995.

Recent Sales in B76 (Sutton Coldfield)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 The Chase, Sutton Coldfield, West Midlands, B76 1JS£410,000£400,000-£10,00029 Nov 202326 Apr 2024149 Days
12 Newmarsh Road, Minworth, Sutton Coldfield, West Midlands, B76 1XW£550,000£537,240-£12,76023 Jan 202419 Apr 202487 Days
43a, Park Lane, Minworth, Sutton Coldfield, West Midlands, B76 9BL£285,000£285,000£0018 Oct 202315 Apr 2024180 Days
Ferndale, Coleshill Road, Curdworth, Sutton Coldfield, Warwickshire, B76 9HP£435,000£425,000-£10,00025 Sep 202327 Mar 2024184 Days
19 The Moor, Sutton Coldfield, West Midlands, B76 1SQ£185,000£175,000-£10,00026 Sep 202322 Mar 2024178 Days
1 St Nicholas Walk, Curdworth, Sutton Coldfield, Warwickshire, B76 9EU£300,000£290,000-£10,00031 Jul 202329 Feb 2024213 Days
1 Patterton Drive, Sutton Coldfield, West Midlands, B76 1GQ£559,950£535,000-£24,95003 Oct 202329 Feb 2024149 Days
189b, Walmley Road, Sutton Coldfield, West Midlands, B76 1PX£465,000£449,000-£16,00021 Aug 202329 Feb 2024192 Days
159 Springfield Road, Sutton Coldfield, West Midlands, B76 2SR£375,000£362,500-£12,50031 Aug 202320 Feb 2024173 Days
63 Hemlingford Road, Sutton Coldfield, West Midlands, B76 1JG£390,000£371,250-£18,75017 Oct 202309 Feb 2024115 Days
31 Betteridge Drive, Sutton Coldfield, West Midlands, B76 1FN£367,000£365,000-£2,00020 Oct 202309 Feb 2024112 Days
492 Walmley Road, Sutton Coldfield, West Midlands, B76 1PA£300,000£300,000£0018 Sep 202331 Jan 2024135 Days
45 Chater Drive, Sutton Coldfield, West Midlands, B76 2BJ£260,000£245,000-£15,00005 Aug 202329 Jan 2024177 Days
2 The Paddock, Sutton Coldfield, West Midlands, B76 2SG£375,000£360,000-£15,00025 Oct 202326 Jan 202493 Days
12 Bonner Drive, Sutton Coldfield, West Midlands, B76 1DZ£340,000£335,000-£5,00013 Jul 202319 Jan 2024190 Days
123 Fledburgh Drive, Sutton Coldfield, West Midlands, B76 1FA£65,000£60,000-£5,00025 Apr 202319 Jan 2024269 Days
9 Alder Close, Sutton Coldfield, West Midlands, B76 1LW£500,000£435,000-£65,00011 Jul 202209 Jan 2024547 Days
26 Thornley Grove, Minworth, Sutton Coldfield, West Midlands, B76 9RH£160,000£150,000-£10,00021 Jul 202320 Dec 2023152 Days
16 Gannahs Farm Close, Sutton Coldfield, West Midlands, B76 2TF£87,000£85,500-£1,50015 Sep 202315 Dec 202391 Days
9 Cornfield Croft, Sutton Coldfield, West Midlands, B76 1SN£335,000£327,000-£8,00018 Sep 202314 Dec 202387 Days

Most Expensive Streets in B76 (Sutton Coldfield)

PostcodeStreetAreaAverageNo. of Sales
B76 1PUBrookhouse MewsSutton Coldfield£702,5003
B76 1BYWychburySutton Coldfield£700,8333
B76 1TXMillstone Close, WalmleySutton Coldfield£687,8333
B76 1LQPenns LaneSutton Coldfield£586,6663
B76 1LRPenns Lake RoadSutton Coldfield£562,5004
B76 1LNPenns Lake RoadSutton Coldfield£560,3333
B76 1GLSherratt CloseSutton Coldfield£544,1663
B76 0DABlackgreaves Lane, Lea MarstonSutton Coldfield£532,5004
B76 2RRSignal Hayes RoadSutton Coldfield£530,0003
B76 1LLPenns Lake RoadSutton Coldfield£518,0006

Least Expensive Streets in B76 (Sutton Coldfield)

PostcodeStreetAreaAverageNo. of Sales
B76 1FAFledburgh DriveSutton Coldfield£96,16612
B76 2UXBerryfields RoadSutton Coldfield£98,3333
B76 1GAOaklands CroftSutton Coldfield£105,3336
B76 2UTBerryfields RoadSutton Coldfield£108,0003
B76 1NQWalmley CloseSutton Coldfield£124,3333
B76 1BQNewhall Farm CloseSutton Coldfield£129,0205
B76 1RJWalmley Park Court, Wylde Green RoadSutton Coldfield£135,3333
B76 9RHThornley Grove, MinworthSutton Coldfield£137,2569
B76 1EDFledburgh DriveSutton Coldfield£145,5559
B76 1DDEastbrook CloseSutton Coldfield£146,3577

Explore B76 (Sutton Coldfield) using map

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