116, MERCOT CLOSE, REDDITCH, B98 7YY - £64,000

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.

116 MERCOT CLOSE is a semi-detached house, which could now be worth an estimated £306,954. It was last sold for £64,000 in July 1997, which was around 20% above the average July 1997 semi-detached price in the Redditch local authority area.

116 MERCOT CLOSE Sold Prices

Land registry data shows one sale for 116 MERCOT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Redditch 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
1997 21 JUL	£64,000	£53,493	20% above HPI

What might 116 MERCOT CLOSE be worth now?

116 MERCOT CLOSE might now be worth an estimated £306,954.

This is based on house price inflation of 379.6%, between July 1997 and April 2026, for semi-detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 379.6% inflationary increase is applied to the most recent sale price for 116 MERCOT CLOSE of £64,000 on 21st July 1997. For the value to have increased from £64,000 to £306,954 over the 29 years and three months to April 2026, the following assumptions must hold true:

• The value of 116 MERCOT CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The July 1997 sale price of £64,000 represented a fair market value for the property.
• The size, condition, and specification of 116 MERCOT CLOSE has not materially changed since July 1997.

Where is 116 MERCOT CLOSE?

116 MERCOT CLOSE is located in REDDITCH, in the B98 postcode district.