18, SMITH CLOSE, SMETHWICK, B67 6LU - £115,000

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.

18 SMITH CLOSE is a terraced house, which could now be worth an estimated £271,671. It was last sold for £115,000 in May 2004, which was around 38% above the average May 2004 terraced price in the Sandwell local authority area.

18 SMITH CLOSE Sold Prices

Land registry data shows two sales for 18 SMITH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. Both of the two 18 SMITH CLOSE 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
2004 28 MAY	£115,000	£83,471	38% above HPI
1998 1 MAY	£59,950	£35,627	68% above HPI

What might 18 SMITH CLOSE be worth now?

18 SMITH CLOSE might now be worth an estimated £271,671.

This is based on house price inflation of 136.2%, between May 2004 and April 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 136.2% inflationary increase is applied to the most recent sale price for 18 SMITH CLOSE of £115,000 on 28th May 2004. For the value to have increased from £115,000 to £271,671 over the 22 years and one month to April 2026, the following assumptions must hold true:

• The value of 18 SMITH CLOSE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The May 2004 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SMITH CLOSE has not materially changed since May 2004.

Where is 18 SMITH CLOSE?

18 SMITH CLOSE is located in SMETHWICK, in the B67 postcode district.