2, KNOWLE CLOSE, REDNAL, BIRMINGHAM, B45 8XU - £130,000

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.

2 KNOWLE CLOSE is a semi-detached house, which could now be worth an estimated £248,331. It was last sold for £130,000 in May 2005, which was around 9% below the average May 2005 semi-detached price in the Birmingham local authority area.

2 KNOWLE CLOSE Sold Prices

Land registry data shows two sales for 2 KNOWLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. One of the two 2 KNOWLE CLOSE sales was for below the average price, whilst the other 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
2005 5 MAY	£130,000	£142,995	9% below HPI
1995 17 FEB	£67,950	£49,159	38% above HPI

What might 2 KNOWLE CLOSE be worth now?

2 KNOWLE CLOSE might now be worth an estimated £248,331.

This is based on house price inflation of 91%, between May 2005 and May 2026, for semi-detached 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 91% inflationary increase is applied to the most recent sale price for 2 KNOWLE CLOSE of £130,000 on 5th May 2005. For the value to have increased from £130,000 to £248,331 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 2 KNOWLE CLOSE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The May 2005 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KNOWLE CLOSE has not materially changed since May 2005.

Where is 2 KNOWLE CLOSE?

2 KNOWLE CLOSE is located in REDNAL, in the B45 postcode district.