5, ENTERPRISE DRIVE, SUTTON COLDFIELD, B74 2BL - £146,000

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.

5 ENTERPRISE DRIVE is a small flat of 54m², built sometime between 2007 and 2011, which could now be worth an estimated £169,410. It was last sold for £146,000 in July 2020, which was around 41% above the average July 2020 flat price in the Walsall local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

5 ENTERPRISE DRIVE Sold Prices

Land registry data shows two sales for 5 ENTERPRISE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Walsall local authority area for the corresponding sale date. Both of the two 5 ENTERPRISE DRIVE 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
2020 17 JUL	£146,000	£103,745	41% above HPI
2015 2 JUN	£132,000	£82,574	60% above HPI

What might 5 ENTERPRISE DRIVE be worth now?

5 ENTERPRISE DRIVE might now be worth an estimated £169,410.

This is based on house price inflation of 16%, between July 2020 and April 2026, for flats, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16% inflationary increase is applied to the most recent sale price for 5 ENTERPRISE DRIVE of £146,000 on 17th July 2020. For the value to have increased from £146,000 to £169,410 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 5 ENTERPRISE DRIVE has moved in line with the HPI for flats in the Walsall local authority area.
• The July 2020 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ENTERPRISE DRIVE has not materially changed since July 2020.

How Large is 5 ENTERPRISE DRIVE?

5 ENTERPRISE DRIVE is 54m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of flats in Streetly, based on EPC data. 36% of flats are smaller than 5 ENTERPRISE DRIVE, and 62% of flats are larger. Note that EPC data is not available for all properties in Streetly.

5 ENTERPRISE DRIVE: Plot

5 ENTERPRISE DRIVE sits on a plot of roughly 1.0 acres, or 4,218m².

Where is 5 ENTERPRISE DRIVE?

5 ENTERPRISE DRIVE is located in SUTTON COLDFIELD, in the B74 postcode district.