48, AVERN CLOSE, TIPTON, DY4 7ND - £85,000

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.

48 AVERN CLOSE is a very small flat of 34m², built sometime between 1991 and 1995, which could now be worth an estimated £85,692. It was last sold for £85,000 in April 2024, which was around 25% below the average April 2024 flat price in the Sandwell local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

48 AVERN CLOSE Sold Prices

Land registry data shows six sales for 48 AVERN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Sandwell local authority area for the corresponding sale date. Most of the six 48 AVERN CLOSE 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
2024 12 APR	£85,000	£112,624	25% below HPI
2016 30 NOV	£54,500	£77,323	30% below HPI
2006 18 AUG	£69,995	£79,128	12% below HPI
2003 9 APR	£42,950	£50,167	14% below HPI
2001 24 AUG	£31,000	£34,353	10% below HPI
1999 30 JUN	£29,950	£27,241	10% above HPI

What might 48 AVERN CLOSE be worth now?

48 AVERN CLOSE might now be worth an estimated £85,692.

This is based on house price inflation of 0.8%, between April 2024 and May 2026, for flats, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% inflationary increase is applied to the most recent sale price for 48 AVERN CLOSE of £85,000 on 12th April 2024. For the value to have increased from £85,000 to £85,692 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of 48 AVERN CLOSE has moved in line with the HPI for flats in the Sandwell local authority area.
• The April 2024 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 48 AVERN CLOSE has not materially changed since April 2024.

How Large is 48 AVERN CLOSE?

48 AVERN CLOSE is 34m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of flats in Tipton, based on EPC data. 6% of flats are smaller than 48 AVERN CLOSE, and 92% of flats are larger. Note that EPC data is not available for all properties in Tipton.

48 AVERN CLOSE: Plot

48 AVERN CLOSE sits on a plot of roughly 0.311 of an acre, or 1,259m².

Where is 48 AVERN CLOSE?

48 AVERN CLOSE is located in TIPTON, in the DY4 postcode district.