5, RYEBANK CLOSE, BIRMINGHAM, B30 1SN - £325,000

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 RYEBANK CLOSE is a small terraced house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £346,956. It was last sold for £325,000 in May 2022, which was around 58% above the average May 2022 terraced price in the Birmingham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

5 RYEBANK CLOSE Sold Prices

Land registry data shows one sale for 5 RYEBANK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 5 MAY	£325,000	£205,826	58% above HPI

What might 5 RYEBANK CLOSE be worth now?

5 RYEBANK CLOSE might now be worth an estimated £346,956.

This is based on house price inflation of 6.8%, between May 2022 and May 2026, for terraced 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 6.8% inflationary increase is applied to the most recent sale price for 5 RYEBANK CLOSE of £325,000 on 5th May 2022. For the value to have increased from £325,000 to £346,956 over the four years to May 2026, the following assumptions must hold true:

• The value of 5 RYEBANK CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The May 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RYEBANK CLOSE has not materially changed since May 2022.

How Large is 5 RYEBANK CLOSE?

5 RYEBANK CLOSE is 75m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of terraced houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Birmingham, and where 5 RYEBANK CLOSE lies on this distribution: 27% of terraced houses are smaller than 5 RYEBANK CLOSE, and 70% of terraced houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 RYEBANK CLOSE: Plot

5 RYEBANK CLOSE sits on a plot of roughly 0.052 of an acre, or 210m².

Where is 5 RYEBANK CLOSE?

5 RYEBANK CLOSE is located in BIRMINGHAM, in the B30 postcode district.