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Spey Close, B5 Property Market Overview
Explore the unique aspects of Spey Close in Birmingham, and how it compares to the surrounding area and the wider Birmingham region.
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Associated Postcodes:
B5 7XE
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House Prices > Birmingham > B5 > Spey Close
Sales Buzz on the Street
The Market in Numbers: Spey Close
- Since 2021, Spey Close has had 4 property deals, with homes averaging £170,900. These properties span 676 square feet on average, translating to £235 per square foot.
- Properties traded on Spey Close have seen prices from £147,500 to £190,000, with per-square-foot rates moving between £219 and £249.
- December 2023 saw the last door keys swap owners on Spey Close.
Property Values vs the Vicinity
Spey Close Property Prices vs Surrounding Areas
By Sector
B5 7
Homes on Spey Close take the prize for best value - typically 43% less. (£245,000 vs £170,900). For an equivalent home, you could expect to spend approximately £74,200 less on Spey Close than in other parts of the same sector.
By District
i.e. B5
In the B5 district, buyers pay an average of 31% more than they would on Spey Close. (£223,800 vs £170,900). Given the maths, homes on Spey Close could spare you roughly £53,000 versus district prices.
By City or Town
i.e. Birmingham
Compared to Spey Close, Birmingham homes average 18% more in price. (£201,000 vs £170,900). Simply put: same bricks, less bucks - about £30,300 less in fact.
Beyond the Basics of This Road
More Insights on Spey Close
- Spey Close has never recorded a transaction for a newly built home.
- According to EPC reports, the average on Spey Close is 70 (C), with the potential to reach a better grade of 81 (B).
- Homes on Spey Close measure an average of 676 square feet, placing them approximately 30% above the average size found across Birmingham.
- On average, homes on this street don’t stay long – they’re back on the market every 22 months, well ahead of the 6.02 month cycle typical of B5.
Insider Looks at Local Homes
What’s Really Happening in Birmingham
Guides like these are rare for a place like Birmingham, where buyers and sellers often rely on guesswork. We’re here to change that.
To complete your research, start with the House Prices in Birmingham page, then use our Birmingham blog to spot buying opportunities.
Hidden Treasures Nearby
Unpacking B5: Insights & Info
Residents of B5 find a reassuring refuge within its soft-lit streets and friendly conversations. Familiar sentiments echo in the comforting nostalgia of cherished neighbourhoods that promise consistency amid a city’s volatile pulse. This is Birmingham’s calm embrace, a lullaby in the urban rush.
71
No. of Roads
1,015
No. of Transactions
£300K
Avg. Property Price
837
per sq/ft
Avg. Property Size
£294
per sq/ft
Avg. Cost Per Sq/Ft
Streets That Stand Out
Roads in the Vicinity to Know
Popular Roads in B5
B5 Roads with Similar Prices
- Bromsgrove Street
- Hodnet Grove
- Berrington Walk
- St John's Walk
- Essex Street
- The Boulevard
Roads Near Spey Close
- Barrow Walk
- Belgrave Middleway
- Bellevue
- Berrington Walk
- Bissell Street
- Bristol Street
