502, LICHFIELD ROAD, SUTTON COLDFIELD, B74 4EL - £118,250

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.

502 LICHFIELD ROAD is a terraced house, which could now be worth an estimated £574,977. It was last sold for £118,250 in July 1998, which was around 162% above the average July 1998 terraced price in the Birmingham local authority area.

502 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 502 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. Both of the two 502 LICHFIELD ROAD 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
1998 23 JUL	£118,250	£45,190	162% above HPI
1996 22 NOV	£90,148	£39,729	127% above HPI

What might 502 LICHFIELD ROAD be worth now?

502 LICHFIELD ROAD might now be worth an estimated £574,977.

This is based on house price inflation of 386.2%, between July 1998 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 386.2% inflationary increase is applied to the most recent sale price for 502 LICHFIELD ROAD of £118,250 on 23rd July 1998. For the value to have increased from £118,250 to £574,977 over the 28 years and two months to May 2026, the following assumptions must hold true:

• The value of 502 LICHFIELD ROAD has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The July 1998 sale price of £118,250 represented a fair market value for the property.
• The size, condition, and specification of 502 LICHFIELD ROAD has not materially changed since July 1998.

Where is 502 LICHFIELD ROAD?

502 LICHFIELD ROAD is located in SUTTON COLDFIELD, in the B74 postcode district.