8, CORNWELL CLOSE, TIPTON, DY4 8TU - £71,000

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.

8 CORNWELL CLOSE is a detached house, which could now be worth an estimated £326,496. It was last sold for £71,000 in September 1999, which was around 3% below the average September 1999 detached price in the Sandwell local authority area.

8 CORNWELL CLOSE Sold Prices

Land registry data shows two sales for 8 CORNWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 8 CORNWELL CLOSE sales were for below 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
1999 21 SEP	£71,000	£72,920	3% below HPI
1995 8 DEC	£59,950	£60,713	1% below HPI

What might 8 CORNWELL CLOSE be worth now?

8 CORNWELL CLOSE might now be worth an estimated £326,496.

This is based on house price inflation of 359.9%, between September 1999 and May 2026, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 359.9% inflationary increase is applied to the most recent sale price for 8 CORNWELL CLOSE of £71,000 on 21st September 1999. For the value to have increased from £71,000 to £326,496 over the 27 years and four months to May 2026, the following assumptions must hold true:

• The value of 8 CORNWELL CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The September 1999 sale price of £71,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CORNWELL CLOSE has not materially changed since September 1999.

Where is 8 CORNWELL CLOSE?

8 CORNWELL CLOSE is located in TIPTON, in the DY4 postcode district.