3, BRAMAH WAY, TIPTON, DY4 7BD - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BRAMAH WAY is a very small terraced house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £185,607. It was last sold for £170,000 in July 2023, which was around 4% below the average July 2023 terraced price in the Sandwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

3 BRAMAH WAY Sold Prices

Land registry data shows three sales for 3 BRAMAH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. Two of the three 3 BRAMAH WAY sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 31 JUL	£170,000	£177,881	4% below HPI
2008 10 SEP	£99,000	£101,208	2% below HPI
1999 8 JAN	£46,950	£36,109	30% above HPI

3 BRAMAH WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 3 BRAMAH WAY sales between January 1999 and July 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 BRAMAH WAY be worth now?

3 BRAMAH WAY might now be worth an estimated £185,607.

This is based on house price inflation of 9.2%, between July 2023 and May 2026, for terraced houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for 3 BRAMAH WAY of £170,000 on 31st July 2023. For the value to have increased from £170,000 to £185,607 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 3 BRAMAH WAY has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The July 2023 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BRAMAH WAY has not materially changed since July 2023.

How Large is 3 BRAMAH WAY?

3 BRAMAH WAY is 64m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of terraced houses houses in Tipton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tipton, and where 3 BRAMAH WAY lies on this distribution: 7% of terraced houses houses are smaller than 3 BRAMAH WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Tipton.

3 BRAMAH WAY: Plot and Title Map

3 BRAMAH WAY sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 3 BRAMAH WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 BRAMAH WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 BRAMAH WAY?

3 BRAMAH WAY is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 3 on BRAMAH WAY.