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Tamworth House Prices Tamworth House Prices

The average house price in Tamworth is £244,935 using HM Land Registry data.

The average property price increased by £48,065 (21.66%) over the last 5 years and increased by £9,606 (3.69%) over the last 12 months.

Over the last year, there were 737 residential property sales – a decrease of 489 transactions (-66.35%) relative to the previous year. The majority of house sales (167) were in the £180,000 - £230,000 range. Then came properties in the £230,000 - £280,000 range, where 163 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,017 (-2%).

In April 2024, there were 195 new estate agency instructions, 103 agreed home sales and 76 property price reductions.

Neighbouring Areas: Fazeley

Postcodes Covered: B77, B78, B79

5-Year Average Property Prices in Tamworth

21.66%

Property prices in Tamworth increased by 21.66% 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 Tamworth Over the Last Year

3.69%

Property prices in Tamworth increased by 3.69% 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 Tamworth - 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 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 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 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 Tamworth since 1995

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

Recent Property Sales in Tamworth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
79 Loughshaw, Wilnecote, Tamworth, Staffordshire, B77 4LZ£230,000£218,000-£12,00009 Nov 202315 Mar 2024127 Days
11 Spruce, Tamworth, Staffordshire, B77 4ES£195,000£185,000-£10,00018 Sep 202307 Mar 2024171 Days
30 Wandsbeck, Tamworth, Staffordshire, B77 2NU£180,000£178,000-£2,00021 Sep 202329 Feb 2024161 Days
15a, Blythe Street, Tamworth, Staffordshire, B77 2AB£184,950£178,000-£6,95020 Sep 202329 Feb 2024162 Days
77 Stephenson Close, Glascote, Tamworth, Staffordshire, B77 2DG£250,000£250,000£0007 Dec 202327 Feb 202482 Days
20 Ottery, Hockley, Tamworth, Staffordshire, B77 5QH£375,000£368,000-£7,00011 Aug 202314 Feb 2024187 Days
91 Cottage Farm Road, Dosthill, Tamworth, Staffordshire, B77 1NW£230,000£230,000£0008 Nov 202312 Feb 202496 Days
49 Angelica, Amington, Tamworth, Staffordshire, B77 3JZ£250,000£247,500-£2,50006 Sep 202309 Feb 2024156 Days
138 Mildenhall, Tamworth, Staffordshire, B79 8SL£230,000£220,000-£10,00026 Sep 202302 Feb 2024129 Days
6 Arundel, Tamworth, Staffordshire, B77 1JG£475,000£470,000-£5,00023 Nov 202301 Feb 202470 Days
17 Littlecote, Tamworth, Staffordshire, B79 7UJ£280,000£271,500-£8,50023 Oct 202330 Jan 202499 Days
94 Dryden Road, Tamworth, Staffordshire, B79 8HP£170,000£165,500-£4,50018 Oct 202326 Jan 2024100 Days
59 Bailey Avenue, Hockley, Tamworth, Staffordshire, B77 5ND£199,950£194,500-£5,45023 Oct 202312 Jan 202481 Days
1 Celandine, Kettlebrook, Tamworth, Staffordshire, B77 1BG£215,000£205,000-£10,00031 Aug 202319 Dec 2023110 Days
230 Tamworth Road, Amington, Tamworth, Staffordshire, B77 3DE£370,000£370,000£0019 Sep 202318 Dec 202390 Days
84 Overwoods Road, Hockley, Tamworth, Staffordshire, B77 5NE£310,000£300,000-£10,00027 Sep 202315 Dec 202379 Days
85 Alexandra Mews, Tamworth, Staffordshire, B79 7HT£215,000£210,000-£5,00027 Jun 202313 Dec 2023169 Days
36 Saffron, Tamworth, Staffordshire, B77 4EP£170,000£170,000£0013 Jul 202301 Dec 2023141 Days
53 Grassholme, Wilnecote, Tamworth, Staffordshire, B77 4BZ£255,000£252,000-£3,00030 Jun 202301 Dec 2023154 Days
42 Jowett, Tamworth, Staffordshire, B77 2RJ£235,000£235,000£0029 Sep 202301 Dec 202363 Days

Most Expensive Streets in Tamworth

PostcodeStreetAreaAverageNo. of Sales
B77 4GWHopton CloseAmington£531,6619
B77 1PUChurch Farm MewsDosthill£530,6663
B79 7STCoton LaneTamworth£521,8333
B79 0EWStonecrop CloseTamworth£521,39310
B79 0ELCornflower CloseTamworth£508,37112
B79 0EXWillowherb CloseTamworth£503,19710
B77 1JEBlackwood RoadTamworth£500,0003
B77 4GUHollington CloseAmington£498,89510
B77 4NNCarnoustieTamworth£487,5004
B77 4QALythamAmington£487,0833

Least Expensive Streets in Tamworth

PostcodeStreetAreaAverageNo. of Sales
B79 7BNStanhope HouseLichfield Street, Tamworth£89,0003
B79 8RDSt. Edithas CourtKensington Drive£90,3333
B77 1BLWoods CourtKettlebrook Road£91,2005
B77 4GDFleur GardensRobinia£92,78416
B77 3BBWaterside CourtAmington£103,9003
B77 3ATLangdale CourtMoor Lane£104,2229
B77 3LRGoostry CloseTamworth£104,5006
B79 7QLLichfield StreetTamworth£112,3333
B79 7JJSaxon Mill LaneTamworth£114,22010
B77 5FHPeel CourtPeel Drive£116,95423

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