7, GRESLEY CLOSE, SUTTON COLDFIELD, B75 5HT - £317,500

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.

7 GRESLEY CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £406,190. It was last sold for £317,500 in January 2019, which was around 9% below the average January 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

7 GRESLEY CLOSE Sold Prices

Land registry data shows one sale for 7 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2019 16 JAN	£317,500	£349,199	9% below HPI

What might 7 GRESLEY CLOSE be worth now?

7 GRESLEY CLOSE might now be worth an estimated £406,190.

This is based on house price inflation of 27.9%, between January 2019 and April 2026, for detached 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 27.9% inflationary increase is applied to the most recent sale price for 7 GRESLEY CLOSE of £317,500 on 16th January 2019. For the value to have increased from £317,500 to £406,190 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 7 GRESLEY CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The January 2019 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 7 GRESLEY CLOSE has not materially changed since January 2019.

How Large is 7 GRESLEY CLOSE?

7 GRESLEY CLOSE is 78m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 7 GRESLEY CLOSE lies on this distribution: 5% of detached houses are smaller than 7 GRESLEY CLOSE, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

7 GRESLEY CLOSE: Plot

7 GRESLEY CLOSE sits on a plot of roughly 0.067 of an acre, or 271m².

Where is 7 GRESLEY CLOSE?

7 GRESLEY CLOSE is located in SUTTON COLDFIELD, in the B75 postcode district.