Property Value in B18 5JH

Average value
£248,000
Average size
767 sq ft
Cost per sq ft
£323
Value change 1yr
8.3%

Current value estimates

House value estimates, calculated by adjusting the last sale price for recent house value changes

Address
last sold
price paid
VALUE ESTIMATE
1, Park Road
Mar 30, 2011
£350,000
£602,000
± £73K
2, Park Road
Jul 21, 2004
£100,000
£175,000
± £28K
14, Park Road
Jul 30, 1999
£50,500
£203,000
± £44K
18, Park Road
Apr 28, 2017
£155,000
£206,000
± £15K
20, Park Road
Apr 25, 2012
£98,000
£166,000
± £19K
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The average property value in B18 5JH is £248,000 plus or minus £36,000. In the UK, the average house value is £281,000.

The average property size in B18 5JH is 767 square feet or 71 square metres of indoor floor space. The average cost per square foot in B18 5JH is £323 or £3,480 per square metre. In the UK, the average property has 950 square feet or 88 square metres of indoor floor space.

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Property value trends

House value trends in B18 5JH, estimated using average price growth in Birmingham. Compare trends in house values and cost per square foot with the UK average

Average value
Cost per sq ft

Average value by property type

Breakdown of the different types of property in B18 5JH, including average value for different houses types and flats

Property typeCountPercentageAverage value
Semi-detached house
4
50%
£183,000
Detached house
2
25%
£421,000
Terraced house
2
25%
£205,000

The most expensive properties in B18 5JH are detached houses and the cheapest are semi-detached houses. The average detached house costs £238,000 more than the average semi-detached house.

There are 3 the different house types in B18 5JH (semi-detached houses, detached houses, terraced houses), they range in price from £183,000, the average value estimate for semi-detached houses, to £421,000, the average value estimate for detached houses.

Find out what a local estate agent thinks your home is worth

Book a no-obligation home valuation with online estate agent Strike

Frequently Asked Questions

How are house values and flat values calculated?

The current value of each house or flat is calculated by taking the last sale price and adjusting it up or down to reflect movements in property prices since the last sale occurred.

We use the local authority House Price Index to adjust property sale prices in a postcode so that local trends in house prices are reflected. This is important as some areas differ significantly from the broader national average.

We report error bands for each property value estimate (e.g. £200,000 ± £30k) to show that estimating property value using this method can be imprecise, particularly when significant time has passed since the last sale. In some cases, historic price changes for a postcode may not be well reflected by the local House Price Index, and any changes made to a property's fixtures or fittings since the last sale will not be reflected in the estimate. If you need an accurate property valuation you should speak to a suitably qualified surveyor.

Property value error bands are set so that a majority of prices fall within the predicted range and equal 10% of the total change in valuation due to movements in house price indexes, plus 2.5% of the final estimate and an additional 0.5% for every year between the last sale and today.

Property values provided on this page are estimates and for information purposes only.