6, DRUMLIN WALK, BIRMINGHAM, B31 5JS - £137,000

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.

6 DRUMLIN WALK is a small terraced house of 79m², built in 2010, which could now be worth an estimated £233,874. It was last sold for £137,000 in April 2015, which was around 6% above the average April 2015 terraced price in the Birmingham local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

6 DRUMLIN WALK Sold Prices

Land registry data shows two sales for 6 DRUMLIN WALK 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 6 DRUMLIN WALK 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
2015 14 APR	£137,000	£128,715	6% above HPI
2011 22 DEC	£132,995	£113,849	17% above HPI

6 DRUMLIN WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 6 DRUMLIN WALK sales from December 2011 and April 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 6 DRUMLIN WALK be worth now?

6 DRUMLIN WALK might now be worth an estimated £233,874.

This is based on house price inflation of 70.7%, between April 2015 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 70.7% inflationary increase is applied to the most recent sale price for 6 DRUMLIN WALK of £137,000 on 14th April 2015. For the value to have increased from £137,000 to £233,874 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 6 DRUMLIN WALK has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The April 2015 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 6 DRUMLIN WALK has not materially changed since April 2015.

How Large is 6 DRUMLIN WALK?

6 DRUMLIN WALK is 79m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of terraced houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Birmingham, and where 6 DRUMLIN WALK lies on this distribution: 39% of terraced houses are smaller than 6 DRUMLIN WALK, and 59% of terraced houses are larger. Note that EPC data is not available for all properties in Birmingham.

Where is 6 DRUMLIN WALK?

6 DRUMLIN WALK is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 6 on DRUMLIN WALK.