1, RUBERY FIELD CLOSE, RUBERY, BIRMINGHAM, B45 9WD - £118,000

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.

1 RUBERY FIELD CLOSE is a small flat of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £138,730. It was last sold for £118,000 in October 2017, which was around 4% below the average October 2017 flat price in the Birmingham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

1 RUBERY FIELD CLOSE Sold Prices

Land registry data shows five sales for 1 RUBERY FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Birmingham local authority area for the corresponding sale date. The five 1 RUBERY FIELD CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2017 20 OCT	£118,000	£123,227	4% below HPI
2011 16 DEC	£92,000	£91,978	Close to HPI
2008 6 AUG	£112,500	£102,515	10% above HPI
2002 18 FEB	£81,600	£56,418	45% above HPI
2001 31 AUG	£82,950	£53,955	54% above HPI

What might 1 RUBERY FIELD CLOSE be worth now?

1 RUBERY FIELD CLOSE might now be worth an estimated £138,730.

This is based on house price inflation of 17.6%, between October 2017 and May 2026, for flats, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 1 RUBERY FIELD CLOSE of £118,000 on 20th October 2017. For the value to have increased from £118,000 to £138,730 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 1 RUBERY FIELD CLOSE has moved in line with the HPI for flats in the Birmingham local authority area.
• The October 2017 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RUBERY FIELD CLOSE has not materially changed since October 2017.

How Large is 1 RUBERY FIELD CLOSE?

1 RUBERY FIELD CLOSE is 54m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of flats in Birmingham, based on EPC data. 39% of flats are smaller than 1 RUBERY FIELD CLOSE, and 59% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

1 RUBERY FIELD CLOSE: Plot

1 RUBERY FIELD CLOSE sits on a plot of roughly 0.307 of an acre, or 1,244m².

Where is 1 RUBERY FIELD CLOSE?

1 RUBERY FIELD CLOSE is located in RUBERY, in the B45 postcode district.