21, NEWTON CLOSE, REDDITCH, B98 7YR - £220,000

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.

21 NEWTON CLOSE is a detached house, which could now be worth an estimated £418,829. It was last sold for £220,000 in May 2004, which was around 6% above the average May 2004 detached price in the Redditch local authority area.

21 NEWTON CLOSE Sold Prices

Land registry data shows two sales for 21 NEWTON 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 Redditch local authority area for the corresponding sale date. Both of the two 21 NEWTON CLOSE sales were for 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
2004 14 MAY	£220,000	£207,020	6% above HPI
1995 9 AUG	£107,000	£83,561	28% above HPI

What might 21 NEWTON CLOSE be worth now?

21 NEWTON CLOSE might now be worth an estimated £418,829.

This is based on house price inflation of 90.4%, between May 2004 and May 2026, for 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 90.4% inflationary increase is applied to the most recent sale price for 21 NEWTON CLOSE of £220,000 on 14th May 2004. For the value to have increased from £220,000 to £418,829 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 21 NEWTON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2004 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 21 NEWTON CLOSE has not materially changed since May 2004.

Where is 21 NEWTON CLOSE?

21 NEWTON CLOSE is located in REDDITCH, in the B98 postcode district.