121, HIGH TREES CLOSE, REDDITCH, B98 7XL - £92,000

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.

121 HIGH TREES CLOSE is a small extended flat of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £113,859. It was last sold for £92,000 in October 2016, which was around 1% below the average October 2016 flat price in the Redditch local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

121 HIGH TREES CLOSE Sold Prices

Land registry data shows three sales for 121 HIGH TREES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. The three 121 HIGH TREES CLOSE sales were a mix of below the average price, roughly equal to the average price, and above 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 3 OCT	£92,000	£92,501	1% below HPI
2013 30 MAY	£75,000	£74,632	Close to HPI
2011 24 JUN	£95,000	£75,352	26% above HPI

What might 121 HIGH TREES CLOSE be worth now?

121 HIGH TREES CLOSE might now be worth an estimated £113,859.

This is based on house price inflation of 23.8%, between October 2016 and May 2026, for flats, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.8% inflationary increase is applied to the most recent sale price for 121 HIGH TREES CLOSE of £92,000 on 3rd October 2016. For the value to have increased from £92,000 to £113,859 over the ten years and five months to May 2026, the following assumptions must hold true:

• The value of 121 HIGH TREES CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The October 2016 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of 121 HIGH TREES CLOSE has not materially changed since October 2016.

How Large is 121 HIGH TREES CLOSE?

121 HIGH TREES CLOSE is 48m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of flats in Redditch, based on EPC data. 32% of flats are smaller than 121 HIGH TREES CLOSE, and 64% of flats are larger. Note that EPC data is not available for all properties in Redditch.

Where is 121 HIGH TREES CLOSE?

121 HIGH TREES CLOSE is located in REDDITCH, in the B98 postcode district.