53, BELMONT CLOSE, TIPTON, DY4 9PJ - £125,000

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.

53 BELMONT CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £195,847. It was last sold for £125,000 in December 2016, which was around 38% below the average December 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

53 BELMONT CLOSE Sold Prices

Land registry data shows three sales for 53 BELMONT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 53 BELMONT 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
2016 15 DEC	£125,000	£201,721	38% below HPI
2006 16 JAN	£125,000	£171,466	27% below HPI
1997 16 MAY	£45,000	£66,507	32% below HPI

53 BELMONT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 53 BELMONT CLOSE sales between May 1997 and December 2016 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 January 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 53 BELMONT CLOSE be worth now?

53 BELMONT CLOSE might now be worth an estimated £195,847.

This is based on house price inflation of 56.7%, between December 2016 and February 2025, 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 56.7% inflationary increase is applied to the most recent sale price for 53 BELMONT CLOSE of £125,000 on 15th December 2016. For the value to have increased from £125,000 to £195,847 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 53 BELMONT CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2016 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 53 BELMONT CLOSE has not materially changed since December 2016.

How Large is 53 BELMONT CLOSE?

53 BELMONT CLOSE is 64m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Tipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tipton, and where 53 BELMONT CLOSE lies on this distribution: 7% of detached houses houses are smaller than 53 BELMONT CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Tipton.

53 BELMONT CLOSE: Plot and Title Map

53 BELMONT CLOSE sits on a plot of roughly 1.5 acres, or 5,957m². The below map shows the location of 53 BELMONT CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 53 BELMONT CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 53 BELMONT CLOSE?

53 BELMONT CLOSE is located in TIPTON, in the DY4 postcode district. The below map shows the position of No. 53 on BELMONT CLOSE.