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Richmond Way, B37 - Current House Values & Market Shifts
Learn the essentials about Richmond Way in the B37 district in Birmingham, with comparisons to other city areas.
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Associated Postcodes:
B37 7TT
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House Prices > Birmingham > B37 > Richmond Way
Street’s Property Overview
The Pricing Breakdown for Richmond Way
- With 2 sales since 2021, Richmond Way properties have averaged £25,300. These homes span 788 square feet on average, resulting in £32 per square foot.
- The price spectrum for properties sold on Richmond Way has stretched from £4,300 to £150,000, with per-square-foot costs fluctuating from £5 to £191.
- October 2022 saw the last house sale on Richmond Way.
Street Value vs Area Trends
Property Costs: Richmond Way vs Surrounding Areas
By Locality
Chelmsley Wood
The housing market in Chelmsley Wood reflects a 536% uplift over Richmond Way averages. (£160,600 vs £25,300) This implies that a property on Richmond Way might cost £135,400 less than a matching one in Chelmsley Wood.
By Sector
B37 7
Stretch your budget smartly: Richmond Way homes save you roughly 681%. (£197,200 vs £25,300). Thus, picking Richmond Way might keep £172,000 safely tucked in your wallet versus buying elsewhere in B37 7.
By District
i.e. B37
In comparison to the B37 district, Richmond Way has average property prices that are 609% lower. (£25,300 vs £179,100). This pricing suggests that a home on Richmond Way may be priced roughly £153,900 below comparable properties in the same district.
By City or Town
i.e. Birmingham
Based on recent trends, Birmingham properties sell for 696% more than homes on Richmond Way. (£201,000 vs £25,300). Consequently, opting for a similar home on Richmond Way could save you approximately £175,900 compared to buying in Birmingham.
Street Nuggets of Info
Key Useful Facts About Richmond Way
- The road has 8 properties, all covered by just one postcode.
- There are no recorded transactions for new-build homes on Richmond Way.
- Properties on Richmond Way currently have an average EPC rating of 66 (D), with a potential rating of 88 (B).
- The average home on Richmond Way comes in at 788 square feet, offering 12% more interior space than homes elsewhere in Birmingham.
- Buyers find opportunities more often on this street – listings pop up every 43 months, versus 8.64 months elsewhere in B37.
Home Hunting Made Easy
Behind the Numbers: Birmingham Property Insights
From postcode price gaps to eye-popping overvaluations, Birmingham is full of property twists. These reads help make sense of them quickly and clearly.
Additionally, we’ve put together a full breakdown on the House Prices in Birmingham page, including pricing by type and comparisons with nearby towns.
District Day Trip Ideas
Unpacking B37: Insights & Info
Got questions about B37 and where it’s headed? The short read below might help frame things better.
299
No. of Roads
2,977
No. of Transactions
£200K
Avg. Property Price
931
per sq/ft
Avg. Property Size
£202
per sq/ft
Avg. Cost Per Sq/Ft
Local Roads Unpacked
Surrounding Streets to Consider
Popular Roads in B37
B37 Roads with Similar Prices
