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House Prices in B79 House Prices in B79 (Tamworth)

The average house price in B79 (Tamworth) is £273,285 using HM Land Registry data.

The average property price increased by £11,987 (35.28%) over the last 5 years and increased by £2,402 (5.01%) over the last 12 months.

Over the last year, there were 206 residential property sales – a decrease of 128 transactions (-62.14%) relative to the previous year. The majority of house sales (52) were in the £170,000 - £230,000 range. Then came properties in the £230,000 - £290,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,925 (-2%).

In Oct 24, there were 57 new estate agency instructions, 45 agreed home sales and 48 property price reductions.

Nearby Postcodes: B46, B74, B75, B76, B77, B78, CV10, CV13, CV9, DE11, DE12, DE13, DE14, DE15, LE65, LE67, WS13, WS14, WS15, WS7, WS8, WS9

5-Year Average Property Prices in B79 (Tamworth)

35.28%

Property prices in Tamworth increased by 35.28% 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 B79 (Tamworth) Over the Last Year

5.01%

Property prices in Tamworth increased by 5.01% 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 B79 (Tamworth) - 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 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 B79 (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 B79 (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 B79 (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 B79 (Tamworth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B79 postcode area since 1995.

Recent Sales in B79 (Tamworth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
69 Alexandra Mews, Tamworth, Staffordshire, B79 7HT£250,000£240,000-£10,00025 Aug 202321 Aug 2024362 Days
2 Chestnut Lane, Clifton Campville, Tamworth, Staffordshire, B79 0BN£499,950£470,000-£29,95012 Mar 202416 Aug 2024157 Days
1 Hallfields Drive, Comberford, Tamworth, Staffordshire, B79 9BB£400,000£400,000£0026 Dec 202324 Jul 2024211 Days
77 Exeter Drive, Tamworth, Staffordshire, B79 7YQ£100,000£97,500-£2,50012 Mar 202421 Jun 2024101 Days
4 Alfred Street, Tamworth, Staffordshire, B79 7RL£190,000£182,000-£8,00026 Jan 202414 Jun 2024140 Days
36 Tavistock Close, Tamworth, Staffordshire, B79 8TJ£300,000£295,000-£5,00025 Aug 202313 Jun 2024293 Days
14 Littlecote, Tamworth, Staffordshire, B79 7UJ£270,000£270,000£0023 Jan 202405 Jun 2024134 Days
8 Swanmote, Tamworth, Staffordshire, B79 7RG£255,000£255,000£0017 Jan 202423 May 2024127 Days
21 Mill Grove, Tamworth, Staffordshire, B79 0GF£650,000£611,000-£39,00013 Dec 202322 May 2024161 Days
Flat 29, Townshend House, Lichfield Street, Tamworth, Staffordshire, B79 7BJ£85,000£74,500-£10,50016 Nov 202317 May 2024183 Days
14 Henley Close, Tamworth, Staffordshire, B79 8TQ£315,000£310,000-£5,00001 Nov 202315 May 2024196 Days
29 Cygnet Drive, Tamworth, Staffordshire, B79 7RU£140,000£135,000-£5,00026 Dec 202310 May 2024136 Days
142 Comberford Road, Tamworth, Staffordshire, B79 8PG£285,000£82,121-£202,87909 Jun 202008 May 20241429 Days
16 Byron Road, Tamworth, Staffordshire, B79 8HX£255,000£255,000£0027 Nov 202307 May 2024162 Days
9 Lawrence Court, Tamworth, Staffordshire, B79 8DW£165,000£164,750-£25001 Nov 202303 May 2024184 Days
36 Mercia Close, Tamworth, Staffordshire, B79 8LZ£265,000£260,000-£5,00005 Jan 202403 May 2024119 Days
56 Hill Top Avenue, Tamworth, Staffordshire, B79 8QA£245,000£245,000£0004 Nov 202302 May 2024180 Days
86 Saxon Mill Lane, Tamworth, Staffordshire, B79 7JJ£160,000£155,000-£5,00026 Dec 202302 May 2024128 Days
26 Exeter Drive, Tamworth, Staffordshire, B79 7YQ£200,000£195,000-£5,00024 Nov 202326 Apr 2024154 Days
58 Saxon Mill Lane, Tamworth, Staffordshire, B79 7JJ£110,000£105,000-£5,00006 Oct 202326 Apr 2024203 Days

Most Expensive Streets in B79 (Tamworth)

PostcodeStreetAreaAverageNo. of Sales
B79 9BZOld Hall Drive, ElfordTamworth£1,382,5004
B79 9DAChurch Road, ElfordTamworth£888,3336
B79 9HEChurchside, HarlastonTamworth£813,7504
B79 9BXThe Shrubbery, ElfordTamworth£618,0003
B79 9JXMain Road, HarlastonTamworth£563,3333
B79 0EJPoplars Yard, ShuttingtonTamworth£548,5006
B79 7STCoton LaneTamworth£521,8333
B79 0EWStonecrop CloseTamworth£521,39310
B79 0EXWillowherb CloseTamworth£514,7827
B79 0NDSeckington Lane, Newton RegisTamworth£501,8606

Least Expensive Streets in B79 (Tamworth)

PostcodeStreetAreaAverageNo. of Sales
B79 7BNStanhope House, Lichfield Street, TamworthTamworth£89,0003
B79 7QLLichfield StreetTamworth£112,3333
B79 7HFHardwick CourtTamworth£113,0004
B79 7JJSaxon Mill LaneTamworth£116,85012
B79 7LQAnkerside Shopping Centre, George Street, TamworthTamworth£119,3333
B79 8QPLilac RoadTamworth£130,1254
B79 7JYConsort Place, Albert RoadTamworth£130,67317
B79 8QYChestnut AvenueTamworth£133,2374
B79 7YQExeter DriveTamworth£134,53620
B79 7QFThe White House 93, Lichfield Street, TamworthTamworth£135,1878

Explore B79 (Tamworth) using map

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