House Prices in B78 House Prices in B78 (Tamworth)

The average house price in B78 (Tamworth) is £318,566 using HM Land Registry data.

The average property price increased by £64,268 (9.97%) over the last 5 years and increased by £12,877 (1.69%) over the last 12 months.

Over the last year, there were 223 residential property sales – a decrease of 73 transactions (-32.74%) relative to the previous year. The majority of house sales (52) were in the £210,000 - £260,000 range. Then came properties in the £260,000 - £310,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 195 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,382 (-2%).

In February 2025, there were 62 new estate agency instructions, 36 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in B78 (Tamworth)

9.97%

Property prices in B78 (Tamworth) increased by 9.97% 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 B78 (Tamworth) Over the Last Year

1.69%

Property prices in B78 (Tamworth) increased by 1.69% 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 B78 (Tamworth) - February 2025

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 B78 (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 B78 (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 B78 (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 B78 (Tamworth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B78 postcode area since 1995.

Recent Sales in B78 (Tamworth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
27 Mill Lane, Fazeley, Tamworth, Staffordshire, B78 3QD£220,000£217,000-£3,00005 Sep 202417 Jan 2025134 Days
52 Fairfields Hill, Polesworth, Tamworth, Warwickshire, B78 1HQ£390,000£375,000-£15,00013 Sep 202416 Jan 2025125 Days
50 Laurel Avenue, Polesworth, Tamworth, Warwickshire, B78 1LT£300,000£282,500-£17,50009 Oct 202414 Jan 202597 Days
11 The Firs, Kingsbury, Tamworth, Warwickshire, B78 2PG£200,000£195,000-£5,00003 Oct 202420 Dec 202478 Days
11 Church Close, Drayton Bassett, Tamworth, Staffordshire, B78 3UJ£280,000£280,000£009 Sep 202419 Dec 2024101 Days
22 Coronation Avenue, Polesworth, Tamworth, Warwickshire, B78 1ED£244,000£238,500-£5,50009 Sep 202416 Dec 202498 Days
419 Watling Street, Mile Oak, Tamworth, Staffordshire, B78 3ND£309,950£290,000-£19,95030 Aug 202413 Dec 2024105 Days
7 Peartree Avenue, Kingsbury, Tamworth, Warwickshire, B78 2LG£235,000£235,000£012 Jul 202412 Dec 2024153 Days
22 Woodland Way, Birchmoor, Tamworth, Warwickshire, B78 1AY£195,000£190,000-£5,00026 Mar 202403 Dec 2024252 Days
1 Birch Grove, Birchmoor, Tamworth, Warwickshire, B78 1AP£200,000£185,000-£15,00010 May 202429 Nov 2024203 Days
62 Birchwood Avenue, Dordon, Tamworth, Warwickshire, B78 1QU£417,500£400,000-£17,50020 Jan 202429 Nov 2024314 Days
19 Watling Street, Dordon, Tamworth, Warwickshire, B78 1SY£150,000£150,000£006 Aug 202427 Nov 2024113 Days
88 Kiln Way, Polesworth, Tamworth, Warwickshire, B78 1JE£225,000£225,000£020 Aug 202420 Nov 202492 Days
22 Colbourne Road, Tamworth, Staffordshire, B78 3JU£260,000£260,000£015 Aug 202414 Nov 202491 Days
183 Long Street, Dordon, Tamworth, Warwickshire, B78 1PY£220,000£220,000£030 Apr 202408 Nov 2024192 Days
43 The Gullet, Polesworth, Tamworth, Warwickshire, B78 1HH£329,950£318,000-£11,95022 May 202429 Oct 2024160 Days
41 Cornwall Avenue, Tamworth, Staffordshire, B78 3YB£375,000£370,000-£5,00003 May 202425 Oct 2024175 Days
50 George Avenue, Mile Oak, Tamworth, Staffordshire, B78 3PW£290,000£281,500-£8,50004 Apr 202423 Oct 2024202 Days
91 Deer Park Road, Fazeley, Tamworth, Staffordshire, B78 3SZ£220,000£215,000-£5,00015 May 202416 Oct 2024154 Days
31 Two Trees Close, Hopwas, Tamworth, Staffordshire, B78 3BG£575,000£575,000£003 Jun 202411 Oct 2024130 Days

Most Expensive Streets in B78 (Tamworth)

PostcodeStreetAreaAverageNo. of Sales
B78 2BWMiddleton Lane, MiddletonTamworth£952,3333
B78 3AGLichfield Road, HopwasTamworth£623,3905
B78 3AYPackington Lane, HopwasTamworth£616,6663
B78 3HYPark Lane, BonehillTamworth£556,2504
B78 3ASNursery Lane, HopwasTamworth£541,8754
B78 3BGTwo Trees Close, HopwasTamworth£523,3336
B78 3UGMoat Drive, Drayton BassettTamworth£513,3333
B78 3ANLichfield Road, HopwasTamworth£486,6605
B78 3HRWest Drive, BonehillTamworth£469,1254
B78 3DEWatling Street, HintsTamworth£461,6663

Least Expensive Streets in B78 (Tamworth)

PostcodeStreetAreaAverageNo. of Sales
B78 1PEKitwood Avenue, DordonTamworth£118,6663
B78 1PFKitwood Avenue, DordonTamworth£127,0003
B78 3HQBonehill RoadTamworth£130,7077
B78 1QZCoppice Drive, DordonTamworth£133,5003
B78 2PGThe Firs, KingsburyTamworth£134,5005
B78 3BFMarina View, FazeleyTamworth£137,28416
B78 1PPQueens Way, DordonTamworth£138,0004
B78 1AXAldridge Close, BirchmoorTamworth£139,3038
B78 2DEThe Mill, Granary PlaceTamworth£141,6663
B78 2LRSt Peters Place, KingsburyTamworth£142,3754

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