60, BALMORAL WAY, BIRMINGHAM, B14 4NT - £242,500

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.

60 BALMORAL WAY is a small detached house of 92m², built sometime from 2007 onwards, which could now be worth an estimated £305,316. It was last sold for £242,500 in May 2019, which was around 30% below the average May 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

60 BALMORAL WAY Sold Prices

Land registry data shows two sales for 60 BALMORAL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 60 BALMORAL WAY 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
2019 16 MAY	£242,500	£344,673	30% below HPI
2010 17 DEC	£185,000	£248,709	26% below HPI

60 BALMORAL WAY 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 60 BALMORAL WAY sales from December 2010 and May 2019 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 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 60 BALMORAL WAY be worth now?

60 BALMORAL WAY might now be worth an estimated £305,316.

This is based on house price inflation of 25.9%, between May 2019 and February 2025, 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 25.9% inflationary increase is applied to the most recent sale price for 60 BALMORAL WAY of £242,500 on 16th May 2019. For the value to have increased from £242,500 to £305,316 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 60 BALMORAL WAY has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2019 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 60 BALMORAL WAY has not materially changed since May 2019.

How Large is 60 BALMORAL WAY?

60 BALMORAL WAY is 92m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 60 BALMORAL WAY lies on this distribution: 25% of detached houses houses are smaller than 60 BALMORAL WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

60 BALMORAL WAY: Plot and Title Map

60 BALMORAL WAY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 60 BALMORAL WAY, 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 60 BALMORAL WAY). 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 60 BALMORAL WAY?

60 BALMORAL WAY is located in BIRMINGHAM, in the B14 postcode district. The below map shows the position of No. 60 on BALMORAL WAY.