House Prices in B77 House Prices in B77 (Tamworth)

The average house price in B77 (Tamworth) is £229,166 using HM Land Registry data.

The average property price increased by £63,020 (37.38%) over the last 5 years and increased by £12,598 (5.24%) over the last 12 months.

Over the last year, there were 549 residential property sales – a decrease of 241 transactions (-43.90%) relative to the previous year. The majority of house sales (126) were in the £232,000 - £278,000 range. Then came properties in the £186,000 - £232,000 range, where 113 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,256 (-2%).

In June 2024, there were 101 new estate agency instructions, 76 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in B77 (Tamworth)

37.38%

Property prices in Tamworth increased by 37.38% 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 B77 (Tamworth) Over the Last Year

5.24%

Property prices in Tamworth increased by 5.24% 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 B77 (Tamworth) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 B77 (Tamworth)

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 B77 (Tamworth)

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 B77 (Tamworth)

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 B77 (Tamworth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B77 postcode area since 1995.

Recent Sales in B77 (Tamworth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
56 Nemesia, Tamworth, Staffordshire, B77 4EL£200,000£200,000£0002 Dec 202317 Apr 2024137 Days
107 Sycamore, Wilnecote, Tamworth, Staffordshire, B77 5HE£270,000£270,000£0009 Dec 202312 Apr 2024125 Days
27 Mount Pleasant, Tamworth, Staffordshire, B77 1HL£190,000£190,000£0019 Jan 202408 Apr 202480 Days
45 Goldsborough, Wilnecote, Tamworth, Staffordshire, B77 4DE£190,000£190,000£0009 Nov 202301 Apr 2024144 Days
30 Cobia, Tamworth, Staffordshire, B77 1HS£270,000£270,000£0017 Nov 202328 Mar 2024132 Days
21 Hartleyburn, Wilnecote, Tamworth, Staffordshire, B77 4BL£199,950£199,950£0028 Sep 202327 Mar 2024181 Days
401 Hockley Road, Hockley, Tamworth, Staffordshire, B77 5EW£300,000£276,500-£23,50025 Jan 202427 Mar 202462 Days
31 Lindisfarne, Glascote, Tamworth, Staffordshire, B77 2QN£375,000£375,000£0003 Aug 202325 Mar 2024235 Days
63 Collett, Tamworth, Staffordshire, B77 2DZ£219,000£205,000-£14,00028 Jun 202322 Mar 2024268 Days
11 Shetland Avenue, Wilnecote, Tamworth, Staffordshire, B77 5AT£389,950£380,000-£9,95007 Jun 202318 Mar 2024285 Days
79 Loughshaw, Wilnecote, Tamworth, Staffordshire, B77 4LZ£230,000£218,000-£12,00009 Nov 202315 Mar 2024127 Days
11 Spruce, Tamworth, Staffordshire, B77 4ES£195,000£185,000-£10,00018 Sep 202307 Mar 2024171 Days
30 Wandsbeck, Tamworth, Staffordshire, B77 2NU£180,000£178,000-£2,00021 Sep 202329 Feb 2024161 Days
15a, Blythe Street, Tamworth, Staffordshire, B77 2AB£184,950£178,000-£6,95020 Sep 202329 Feb 2024162 Days
77 Stephenson Close, Glascote, Tamworth, Staffordshire, B77 2DG£250,000£250,000£0007 Dec 202327 Feb 202482 Days
8 Greenlee, Wilnecote, Tamworth, Staffordshire, B77 4BT£289,000£280,000-£9,00028 Apr 202326 Feb 2024304 Days
54 Celandine, Kettlebrook, Tamworth, Staffordshire, B77 1BG£155,000£150,000-£5,00029 Sep 202323 Feb 2024147 Days
20 Ottery, Hockley, Tamworth, Staffordshire, B77 5QH£375,000£368,000-£7,00011 Aug 202314 Feb 2024187 Days
91 Cottage Farm Road, Dosthill, Tamworth, Staffordshire, B77 1NW£230,000£230,000£0008 Nov 202312 Feb 202496 Days
49 Angelica, Amington, Tamworth, Staffordshire, B77 3JZ£250,000£247,500-£2,50006 Sep 202309 Feb 2024156 Days

Most Expensive Streets in B77 (Tamworth)

PostcodeStreetAreaAverageNo. of Sales
B77 4GWHopton Close, AmingtonTamworth£531,6619
B77 1PUChurch Farm Mews, DosthillTamworth£530,6663
B77 1JEBlackwood RoadTamworth£500,0003
B77 4GUHollington Close, AmingtonTamworth£498,89510
B77 1JTDunsterTamworth£495,0004
B77 4NNCarnoustieTamworth£487,5004
B77 4QALytham, AmingtonTamworth£487,0833
B77 4FNAdbaston Close, AmingtonTamworth£471,9953
B77 1JGArundelTamworth£451,2374
B77 4QFRangemoor Crescent, AmingtonTamworth£443,55525

Least Expensive Streets in B77 (Tamworth)

PostcodeStreetAreaAverageNo. of Sales
B77 1BLWoods Court, Kettlebrook RoadTamworth£91,2005
B77 4GDFleur Gardens, RobiniaTamworth£92,78416
B77 3BBWaterside Court, AmingtonTamworth£103,9003
B77 3LRGoostry CloseTamworth£104,5006
B77 3ATLangdale Court, Moor LaneTamworth£105,3128
B77 2JEHamble, BelgraveTamworth£117,6663
B77 5FHPeel Court, Peel DriveTamworth£117,91023
B77 2FRThompson AvenueTamworth£120,3333
B77 2ARBasin LaneTamworth£122,53813
B77 5GETorrent Close, WilnecoteTamworth£123,8758

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