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Discover Property Prices for Tower Road, B23
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Associated Postcodes:
B23 6GH, B23 6GJ
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House Prices > Birmingham > B23 > Tower Road
Street’s Market Snapshot
The Market in Numbers: Tower Road
- Since 2021, Tower Road has seen 36 properties trade places, fetching around £118,100 on average. These homes are typically 689 square feet, equating to £186 per square foot.
- House sales on Tower Road have ranged from £81,500 to £165,000, with the price per square foot moving across £116 to £257.
- On Tower Road, the most recent home handover closed in August 2024.
Street Prices vs Nearby Markets
Price Breakdown: Tower Road and Surrounding Areas
By Locality
Erdington
The average cost of living in Erdington is 39% greater than on Tower Road. (£164,100 vs £118,100) Thus, choosing Tower Road might keep £46,000 where it belongs - in your wallet.
By Sector
B23 6
Affordability tips the balance toward Tower Road, where homes average 35% less than the sector average. (£159,500 vs £118,100). As such, buyers opting for Tower Road could pay around £41,400 less than elsewhere in the sector.
By District
i.e. B23
Buying in Tower Road instead of the B23 district could result in a price reduction of around 45%. (£118,100 vs £170,800). Based on this data, a comparable home on Tower Road might cost £52,700 less than a similar one elsewhere in the same district.
By City or Town
i.e. Birmingham
The average home in Birmingham costs 134% more than its Tower Road counterpart. (£277,000 vs £118,100). And yes, that’s potentially £158,400 saved - enough to splash out on a hot tub and the wine.
Street Stats and Stories
Bonus Useful Facts on Tower Road
- Laying claim to 97 properties, this street employs 3 postcodes.
- No part of Tower Road has been developed under new-build schemes, according to transaction history.
- The energy rating on Tower Road is presently 75 (C), with available upgrades pushing it up to 82 (B).
- The standard property on Tower Road provides 689 square feet of internal floor space, significantly outpacing the town average by 26%.
- You’ll find a quicker turnover rate here – properties resell every 2 months compared to the 7.14 months across most of B23.
District Market Breakdowns
Buying or Selling in Birmingham? Read This First
Whether you’re pricing up your first home or scouting the next deal, these articles keep things grounded, direct, and more than a little bit helpful.
For a better view of the full market, the House Prices in Birmingham page on our site has all the figures in one tidy spot.
Where to Wander Locally
B23 at a Glance
Looking deeper into B23 reveals the understated layers that most pass by. This district carries hidden charms, waiting to be discerned by keen eyes willing to see more than its surface glamour. Discover relationships between people and places that foster an appreciation for its true and spirited heart.
334
No. of Roads
4,021
No. of Transactions
£200K
Avg. Property Price
897
per sq/ft
Avg. Property Size
£195
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Streets to Enjoy
Other Roads of Interest
Popular Roads in B23
B23 Roads with Similar Prices
- Martins Way
- Kittiwake Drive
- Hunters Walk
- Southcroft Road
- Alwynn Walk
- Westland Close
Roads Near Tower Road
- Balmoral Road
- City View
- Bristol Road
- Barnet Road
- Coniston Road
- Draycott Avenue
