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Pheasey House Prices Pheasey House Prices

The average house price in Pheasey is £225,200 using HM Land Registry data.

The average property price increased by £77,740 (42.75%) over the last 5 years and increased by £15,537 (6.37%) over the last 12 months.

Over the last year, there were 118 residential property sales – a decrease of 38 transactions (-32.20%) relative to the previous year. The majority of house sales (32) were in the £234,000 - £266,000 range. Then came properties in the £202,000 - £234,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,233 (-3%).

In April 2024, there were 25 new estate agency instructions, 15 agreed home sales and 12 property price reductions.

Neighbouring Areas: Royal Sutton Coldfield, Birmingham

Postcodes Covered: B43, WS9

5-Year Average Property Prices in Pheasey

42.75%

Property prices in Pheasey increased by 42.75% 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 Pheasey Over the Last Year

6.37%

Property prices in Pheasey increased by 6.37% 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 Pheasey - April 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 Pheasey

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 Pheasey

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 Pheasey

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 Pheasey since 1995

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

Recent Property Sales in Pheasey

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
87 Stonehurst Road, Birmingham, West Midlands, B43 7RH£245,000£235,000-£10,00009 Feb 202301 Mar 2024386 Days
648 Queslett Road, Great Barr, Birmingham, West Midlands, B43 7DU£250,000£250,000£0016 Sep 202313 Feb 2024150 Days
400 Queslett Road, Great Barr, Birmingham, West Midlands, B43 7EL£250,000£250,000£0006 Oct 202309 Feb 2024126 Days
42 Moreton Avenue, Birmingham, West Midlands, B43 7QR£320,000£310,000-£10,00002 Oct 202309 Feb 2024130 Days
85 Raeburn Road, Birmingham, West Midlands, B43 7LQ£210,000£205,000-£5,00028 Mar 202319 Jan 2024297 Days
20 Drummond Grove, Birmingham, West Midlands, B43 7BU£200,000£200,000£0005 Oct 202308 Dec 202364 Days
15 Sutherland Close, Birmingham, West Midlands, B43 7LT£250,000£237,500-£12,50028 Jun 202303 Nov 2023128 Days
2 Berwick Grove, Great Barr, Birmingham, West Midlands, B43 7QB£265,000£255,000-£10,00018 Apr 202301 Nov 2023197 Days
149 Tyndale Crescent, Birmingham, West Midlands, B43 7HX£195,000£195,000£0020 Dec 202213 Oct 2023297 Days
5 Sutherland Close, Birmingham, West Midlands, B43 7LT£315,000£315,000£0021 Feb 202303 Oct 2023224 Days
78 Raeburn Road, Birmingham, West Midlands, B43 7LQ£250,000£250,000£0025 Jan 202322 Sep 2023240 Days
7 Brooking Close, Birmingham, West Midlands, B43 7TY£220,000£205,000-£15,00010 Feb 202314 Sep 2023216 Days
20 Cattermole Grove, Birmingham, West Midlands, B43 7EH£270,000£270,000£0005 Apr 202330 Aug 2023147 Days
76 Romney Way, Birmingham, West Midlands, B43 7UT£260,000£250,000-£10,00013 Apr 202329 Aug 2023138 Days
79 Stanhope Way, Birmingham, West Midlands, B43 7TS£330,000£330,000£0021 Dec 202224 Aug 2023246 Days
23 Frampton Way, Birmingham, West Midlands, B43 7UH£270,000£270,000£0014 Mar 202318 Aug 2023157 Days
51 Park Farm Road, Birmingham, West Midlands, B43 7QJ£300,000£295,000-£5,00018 Apr 202311 Aug 2023115 Days
28 Linton Road, Great Barr, Birmingham, West Midlands, B43 7JA£245,000£237,500-£7,50005 May 202310 Aug 202397 Days
102 Nether Hall Avenue, Birmingham, West Midlands, B43 7ET£430,000£430,000£0019 Mar 202324 Jul 2023127 Days
26 Greenaway Close, Birmingham, West Midlands, B43 7HT£240,000£240,000£0009 Mar 202303 Jul 2023116 Days

Most Expensive Streets in Pheasey

PostcodeStreetAreaAverageNo. of Sales
B43 7ETNether Hall AvenueBirmingham£336,6663
B43 7EUNether Hall AvenueBirmingham£284,76122
B43 7QHPark Farm RoadBirmingham£284,6254
B43 7UEDoe Bank LaneBirmingham£282,72711
B43 7DGWimperis WayBirmingham£281,2504
B43 7LZPrincep CloseBirmingham£280,0003
B43 7DQStewards Field DriveBirmingham£277,2508
B43 7LTSutherland CloseBirmingham£273,9005
B43 7UGDoe Bank LaneBirmingham£272,7506
B43 7LNBeechey CloseBirmingham£272,0004

Least Expensive Streets in Pheasey

PostcodeStreetAreaAverageNo. of Sales
B43 7NLCrome RoadBirmingham£132,85010
B43 7PTDunbar GroveBirmingham£147,40010
B43 7BJHorseshoe CrescentBirmingham£151,0006
B43 7BQHorseshoe CrescentBirmingham£159,95411
B43 7BLHorseshoe CrescentBirmingham£160,31822
B43 7PEChantrey CrescentBirmingham£166,82814
B43 7DXHalswelle GroveBirmingham£169,6663
B43 7PDChantrey CrescentBirmingham£172,8507
B43 7BFHorseshoe CrescentBirmingham£180,5559
B43 7HSHillingford AvenueBirmingham£181,8205

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