38, TOWER VIEW, BIRMINGHAM, B29 6UE - £350,000

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.

38 TOWER VIEW is a very small terraced house of 86m², built in 2017, which could now be worth an estimated £368,215. It was last sold for £350,000 in August 2023, which was around 66% above the average August 2023 terraced price in the Birmingham local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

38 TOWER VIEW Sold Prices

Land registry data shows three sales for 38 TOWER VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the three 38 TOWER VIEW sales were 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 18 AUG	£350,000	£210,926	66% above HPI
2021 12 APR	£282,000	£188,697	49% above HPI
2017 20 DEC	£276,995	£156,929	77% above HPI

38 TOWER VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The three 38 TOWER VIEW sales between December 2017 and August 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 April 2021 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the August 2023 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 38 TOWER VIEW be worth now?

38 TOWER VIEW might now be worth an estimated £368,215.

This is based on house price inflation of 5.2%, between August 2023 and July 2026, for terraced houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 38 TOWER VIEW of £350,000 on 18th August 2023. For the value to have increased from £350,000 to £368,215 over the three years and one month to July 2026, the following assumptions must hold true:

• The value of 38 TOWER VIEW has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The August 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 38 TOWER VIEW has not materially changed since August 2023.

How Large is 38 TOWER VIEW?

38 TOWER VIEW is 86m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 38 TOWER VIEW lies on this distribution: 16% of terraced houses houses are smaller than 38 TOWER VIEW, and 82% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 TOWER VIEW: Plot and Title Map

38 TOWER VIEW sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 38 TOWER VIEW, 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 38 TOWER VIEW). 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 38 TOWER VIEW?

38 TOWER VIEW is located in BIRMINGHAM, in the B29 postcode district. The below map shows the position of No. 38 on TOWER VIEW.