House Prices in B73 House Prices in B73 (Sutton Coldfield)

The average house price in B73 (Sutton Coldfield) is £366,000 using HM Land Registry data.

The average property price increased by £34,198 (45.67%) over the last 5 years and increased by £6,852 (6.08%) over the last 12 months.

Over the last year, there were 213 residential property sales – a decrease of 70 transactions (-32.86%) relative to the previous year. The majority of house sales (49) were in the £236,000 - £322,000 range. Then came properties in the £408,000 - £494,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,487 (-3%).

In Oct 24, there were 68 new estate agency instructions, 55 agreed home sales and 37 property price reductions.

5-Year Average Property Prices in B73 (Sutton Coldfield)

45.67%

Property prices in Sutton Coldfield increased by 45.67% 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 B73 (Sutton Coldfield) Over the Last Year

6.08%

Property prices in Sutton Coldfield increased by 6.08% 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 B73 (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 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 B73 (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 B73 (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 B73 (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 B73 (Sutton Coldfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B73 postcode area since 1995.

Recent Sales in B73 (Sutton Coldfield)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 8, Duncan House, Station Road, Sutton Coldfield, West Midlands, B73 5JZ£190,000£188,000-£2,00021 Aug 202307 Aug 2024352 Days
23 Welford Road, Sutton Coldfield, West Midlands, B73 5DP£535,000£525,000-£10,00014 Feb 202425 Jul 2024162 Days
100 Green Lanes, Wylde Green, Sutton Coldfield, West Midlands, B73 5JH£450,000£427,500-£22,50019 Feb 202428 Jun 2024130 Days
1 Florence Avenue, Sutton Coldfield, West Midlands, B73 5NQ£240,000£226,000-£14,00006 Dec 202328 Jun 2024205 Days
79 Coppice View Road, Sutton Coldfield, West Midlands, B73 6UF£275,000£270,000-£5,00010 Jan 202407 Jun 2024149 Days
206 Westwood Road, Sutton Coldfield, West Midlands, B73 6UQ£425,000£415,000-£10,00015 Nov 202307 Jun 2024205 Days
16 Yew Tree Road, Sutton Coldfield, West Midlands, B73 5HN£250,000£237,000-£13,00026 Feb 202431 May 202495 Days
174 Jockey Road, Sutton Coldfield, West Midlands, B73 5PN£325,000£317,500-£7,50029 Nov 202317 May 2024170 Days
73 George Frederick Road, Sutton Coldfield, West Midlands, B73 6TB£270,000£265,000-£5,00009 Nov 202326 Apr 2024169 Days
364 Chester Road, Sutton Coldfield, West Midlands, B73 5BT£225,000£225,000£0022 Sep 202324 Apr 2024215 Days
21 Warwick Road, Sutton Coldfield, West Midlands, B73 6SU£540,000£515,000-£25,00017 Oct 202319 Apr 2024185 Days
165 Chester Road, Sutton Coldfield, West Midlands, B73 5BB£240,000£230,000-£10,00014 Jun 202319 Apr 2024310 Days
116 Elizabeth Road, Sutton Coldfield, West Midlands, B73 5AS£300,000£286,000-£14,00028 Sep 202319 Apr 2024204 Days
2 Carnwath Road, Sutton Coldfield, West Midlands, B73 6JP£575,000£550,000-£25,00025 Oct 202312 Apr 2024170 Days
39 Braemar Road, Sutton Coldfield, West Midlands, B73 6LS£535,000£525,000-£10,00012 Oct 202310 Apr 2024181 Days
324 Jockey Road, Sutton Coldfield, West Midlands, B73 5XL£298,000£295,000-£3,00005 Jan 202428 Mar 202483 Days
4 Arden Drive, Wylde Green, Sutton Coldfield, West Midlands, B73 5ND£475,000£465,000-£10,00003 Oct 202327 Mar 2024176 Days
43 Goldieslie Road, Sutton Coldfield, West Midlands, B73 5PF£760,000£708,500-£51,50001 Sep 202227 Mar 2024573 Days
55 Welford Road, Sutton Coldfield, West Midlands, B73 5DP£450,000£444,000-£6,00005 Jan 202425 Mar 202480 Days
30 Melrose Avenue, Sutton Coldfield, West Midlands, B73 6NS£490,000£480,000-£10,00005 Oct 202321 Mar 2024168 Days

Most Expensive Streets in B73 (Sutton Coldfield)

PostcodeStreetAreaAverageNo. of Sales
B73 6ERManor DriveSutton Coldfield£996,0005
B73 6BHTudor HillSutton Coldfield£826,6663
B73 6HGDigby RoadSutton Coldfield£797,8005
B73 6HEDriffoldSutton Coldfield£760,0004
B73 6JSMonmouth DriveSutton Coldfield£686,1005
B73 6BETudor HillSutton Coldfield£670,0003
B73 6JUMonmouth DriveSutton Coldfield£660,0004
B73 6JHMonmouth DriveSutton Coldfield£639,1254
B73 6BWPark ViewSutton Coldfield£630,2779
B73 6JJMonmouth DriveSutton Coldfield£629,5003

Least Expensive Streets in B73 (Sutton Coldfield)

PostcodeStreetAreaAverageNo. of Sales
B73 6DWSevern Court, Garrard GardensSutton Coldfield£106,6663
B73 6SSElmwood Court, Sutton Oak RoadSutton Coldfield£107,7504
B73 6LTBiddulph Court, Braemar RoadSutton Coldfield£114,15313
B73 6LUSomerville Court, Braemar RoadSutton Coldfield£117,9333
B73 5EYBoldmere RoadSutton Coldfield£118,25012
B73 6RYWelshmans HillSutton Coldfield£121,2503
B73 5GBChurch RoadSutton Coldfield£123,29112
B73 5XFJockey RoadSutton Coldfield£127,15622
B73 5HTFirsholm CloseSutton Coldfield£130,0005
B73 5LNBoldmere GardensSutton Coldfield£131,0005

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