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New Mill Lane, B78 Property Price Report
Explore the house pricing story on New Mill Lane in the B78 district in Tamworth and how it stands across the city.
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Associated Postcodes:
B78 3RX
What’s the market cost of homes on New Mill Lane?
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House Prices > Tamworth > B78 > New Mill Lane
Property Activity On This Street
Key Details about Property Prices in New Mill Lane
- Since 2021, New Mill Lane has recorded 2 transactions, with houses selling for an average price of £280,000. The properties average 1,317 square feet, resulting in a cost of £333 per square foot.
- The selling prices of properties on New Mill Lane have varied between £280,000 and £280,000, with square footage costs ranging from £277 to £400.
- The most recent transfer of a home on New Mill Lane happened in January 2021.
Local Market Showdown
New Mill Lane Costs vs Surrounding Areas Markets
By Locality
Fazeley
Fazeley homes lag New Mill Lane properties by 23% in cost typically. (£216,100 vs £280,000) As such, opting to buy elsewhere in Fazeley rather than New Mill Lane could cut your spend by about £63,900 for a comparable property.
By Sector
B78 3
If you're considering both locations, expect to pay around 7% more for a home on New Mill Lane than in the B78 3 sector. (£280,000 vs £259,200). For the same money elsewhere in the sector, you could save yourself £20,800.
By District
i.e. B78
Buying in New Mill Lane rather than the B78 district means a price increase of approximately 16%. (£280,000 vs £236,500). Consequently, selecting New Mill Lane might leave you spending approximately £43,500 more compared to the B78 district.
By City or Town
i.e. Tamworth
Homes in Tamworth average 20% cheaper than their New Mill Lane counterparts. (£225,000 vs £280,000). As a result, a comparable home elsewhere in Tamworth may come with a price tag that's £54,800 lower than on New Mill Lane.
Street Nuggets of Info
Extra Useful Facts for New Mill Lane
- The entire address range on this road (totalling 10 homes) falls under just one postcode.
- All properties on New Mill Lane predate new-build developments.
- According to EPC reports, the average on New Mill Lane is 63 (D), with the potential to reach a better grade of 78 (C).
- On average, homes on New Mill Lane offer greater internal space than is typical in Tamworth, measuring around 1,317 square feet.
- If B78 homes are the tortoise, this street is the hare – with sales every 43 months versus 7.67 months elsewhere.
City Market Bites
Which Tamworth Postcodes Stand Out – and Which Don’t
Planning a purchase or investment in Tamworth? Check out our resources on prime roads, property updates, and market tactics to grab a solid deal.
Additionally, we’ve summarised the key market patterns on the House Prices in Tamworth page, using simple visuals and digestible numbers.
Hidden Treasures Nearby
Exploring B78: A Local Snapshot
If you’ve been eyeing the B78 area and want to know more about its recent shifts, this section might help.
302
No. of Roads
3,388
No. of Transactions
£300K
Avg. Property Price
983
per sq/ft
Avg. Property Size
£257
per sq/ft
Avg. Cost Per Sq/Ft
Extra Roads Nearby
Nearby Streets That Stand Out
Popular Roads in B78
B78 Roads with Similar Prices
