63, REDHILL ROAD, NORTHFIELD, BIRMINGHAM, B31 3JS - £123,900

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.

63 REDHILL ROAD is a very small extended terraced house of 68m², built sometime before 1900, which could now be worth an estimated £165,719. It was last sold for £123,900 in July 2018, which was around 23% below the average July 2018 terraced price in the Birmingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

63 REDHILL ROAD Sold Prices

Land registry data shows five sales for 63 REDHILL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the five 63 REDHILL ROAD sales were for below 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
2018 20 JUL	£123,900	£161,599	23% below HPI
2017 17 FEB	£114,000	£147,745	23% below HPI
2006 7 JUL	£113,950	£122,439	7% below HPI
2004 16 APR	£94,950	£103,600	8% below HPI
2002 10 DEC	£55,500	£79,456	30% below HPI

63 REDHILL ROAD 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 five 63 REDHILL ROAD sales between December 2002 and July 2018 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 February 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2018 sale, which was also at 23% below the HPI.

What might 63 REDHILL ROAD be worth now?

63 REDHILL ROAD might now be worth an estimated £165,719.

This is based on house price inflation of 33.8%, between July 2018 and July 2025, 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 33.8% inflationary increase is applied to the most recent sale price for 63 REDHILL ROAD of £123,900 on 20th July 2018. For the value to have increased from £123,900 to £165,719 over the seven years to July 2025, the following assumptions must hold true:

• The value of 63 REDHILL ROAD has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The July 2018 sale price of £123,900 represented a fair market value for the property.
• The size, condition, and specification of 63 REDHILL ROAD has not materially changed since July 2018.

How Large is 63 REDHILL ROAD?

63 REDHILL ROAD is 68m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% 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 63 REDHILL ROAD lies on this distribution: 4% of terraced houses houses are smaller than 63 REDHILL ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

63 REDHILL ROAD: Plot and Title Map

63 REDHILL ROAD sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 63 REDHILL ROAD, 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 63 REDHILL ROAD). 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 63 REDHILL ROAD?

63 REDHILL ROAD is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 63 on REDHILL ROAD.