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Royal Sutton Coldfield House Prices Royal Sutton Coldfield House Prices

The average house price in Royal Sutton Coldfield is £358,841 using HM Land Registry data.

The average property price increased by £98,813 (30.06%) over the last 5 years and increased by £19,749 (4.84%) over the last 12 months.

Over the last year, there were 973 residential property sales – a decrease of 472 transactions (-48.51%) relative to the previous year. The majority of house sales (238) were in the £260,000 - £360,000 range. Then came properties in the £360,000 - £460,000 range, where 198 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,705 (-2%).

In April 2024, there were 242 new estate agency instructions, 159 agreed home sales and 174 property price reductions.

Neighbouring Areas: Streetly, Pheasey, Birmingham

Postcodes Covered: B23, B24, B35, B42, B44, B72, B73, B74, B75, B76, WS14

5-Year Average Property Prices in Royal Sutton Coldfield

30.06%

Property prices in Royal Sutton Coldfield increased by 30.06% 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 Royal Sutton Coldfield Over the Last Year

4.84%

Property prices in Royal Sutton Coldfield increased by 4.84% 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 Royal Sutton Coldfield - 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 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 Royal 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 Royal 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 Royal 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 Royal Sutton Coldfield since 1995

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

Recent Property Sales in Royal Sutton Coldfield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 The Moor, Sutton Coldfield, West Midlands, B76 1SQ£185,000£175,000-£10,00026 Sep 202322 Mar 2024178 Days
6 Harewell Drive, Sutton Coldfield, West Midlands, B75 6RU£385,000£370,000-£15,00013 Oct 202315 Mar 2024154 Days
12 The Dovecotes, Sutton Coldfield, West Midlands, B75 5DN£300,000£300,000£0017 Jan 202301 Mar 2024409 Days
8 Mainwaring Drive, Sutton Coldfield, West Midlands, B75 5QA£475,000£475,000£0017 Jan 202301 Mar 2024409 Days
26 Plantation Drive, Sutton Coldfield, West Midlands, B75 7JQ£249,500£249,500£0021 Sep 202329 Feb 2024161 Days
1 Patterton Drive, Sutton Coldfield, West Midlands, B76 1GQ£559,950£535,000-£24,95003 Oct 202329 Feb 2024149 Days
4 Regency Walk, Sutton Coldfield, West Midlands, B74 4HR£695,000£650,000-£45,00012 Aug 202228 Feb 2024565 Days
6 Carhampton Road, Sutton Coldfield, West Midlands, B75 7PL£249,950£249,950£0025 Oct 202323 Feb 2024121 Days
10 Jerrard Drive, Sutton Coldfield, West Midlands, B75 7TN£385,000£380,000-£5,00003 Nov 202323 Feb 2024112 Days
Quandary, Weeford Road, Sutton Coldfield, West Midlands, B75 5RF£1,200,000£950,000-£250,00031 Jan 202323 Feb 2024388 Days
159 Springfield Road, Sutton Coldfield, West Midlands, B76 2SR£375,000£362,500-£12,50031 Aug 202320 Feb 2024173 Days
Flat 5, Harborough Court, Belwell Lane, Sutton Coldfield, West Midlands, B74 4TR£235,000£235,000£0022 Sep 202316 Feb 2024147 Days
63 Hemlingford Road, Sutton Coldfield, West Midlands, B76 1JG£390,000£371,250-£18,75017 Oct 202309 Feb 2024115 Days
31 Betteridge Drive, Sutton Coldfield, West Midlands, B76 1FN£367,000£365,000-£2,00020 Oct 202309 Feb 2024112 Days
35 Smarts Avenue, Lichfield, Staffordshire, WS14 0PB£290,000£270,000-£20,00023 Jun 202309 Feb 2024231 Days
94 Mere Green Road, Sutton Coldfield, West Midlands, B75 5DA£375,000£371,000-£4,00004 Oct 202331 Jan 2024119 Days
492 Walmley Road, Sutton Coldfield, West Midlands, B76 1PA£300,000£300,000£0018 Sep 202331 Jan 2024135 Days
45 Chater Drive, Sutton Coldfield, West Midlands, B76 2BJ£260,000£245,000-£15,00005 Aug 202329 Jan 2024177 Days
2 The Paddock, Sutton Coldfield, West Midlands, B76 2SG£375,000£360,000-£15,00025 Oct 202326 Jan 202493 Days
29 Belwell Drive, Sutton Coldfield, West Midlands, B74 4AH£875,000£875,000£0013 Sep 202326 Jan 2024135 Days

Most Expensive Streets in Royal Sutton Coldfield

PostcodeStreetAreaAverageNo. of Sales
B74 2RHHartopp RoadSutton Coldfield£2,113,3333
B74 2QRHartopp RoadSutton Coldfield£1,640,6258
B74 2HDCypress GardensSutton Coldfield£1,323,3333
B74 2QWKnowles DriveSutton Coldfield£1,320,0003
B75 6LPMoor Hall DriveSutton Coldfield£1,283,3333
B74 2PTWyvern RoadSutton Coldfield£1,268,7504
B74 2PSWyvern RoadSutton Coldfield£1,241,0007
B74 4HHRosemary Hill RoadSutton Coldfield£1,233,2005
B74 2SBBracebridge RoadSutton Coldfield£1,193,3333
B75 5QNHillwood RoadSutton Coldfield£1,170,0003

Least Expensive Streets in Royal Sutton Coldfield

PostcodeStreetAreaAverageNo. of Sales
B23 5QZLittlecote DriveBirmingham£76,2857
B23 5TBTrident CloseErdington£90,60010
B76 1FAFledburgh DriveSutton Coldfield£96,16612
B76 2UXBerryfields RoadSutton Coldfield£98,3333
B75 7SDWhitehouse CourtRectory Road£103,2916
B23 5QWLittlecote DriveBirmingham£104,9287
B76 1GAOaklands CroftSutton Coldfield£105,3336
B23 5QLGreen LeighBirmingham£106,1787
B73 6DWSevern CourtGarrard Gardens£106,6663
B73 6SSElmwood CourtSutton Oak Road£107,7504

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