57, MERCOT CLOSE, REDDITCH, B98 7YY - £114,250

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.

57 MERCOT CLOSE is a semi-detached house, which could now be worth an estimated £321,095. It was last sold for £114,250 in August 2002, which was around 25% above the average August 2002 semi-detached price in the Redditch local authority area.

57 MERCOT CLOSE Sold Prices

Land registry data shows three sales for 57 MERCOT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the three 57 MERCOT 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
2002 30 AUG	£114,250	£91,288	25% above HPI
1998 27 MAR	£65,500	£54,897	19% above HPI
1996 17 MAY	£59,950	£51,769	16% above HPI

What might 57 MERCOT CLOSE be worth now?

57 MERCOT CLOSE might now be worth an estimated £321,095.

This is based on house price inflation of 181%, between August 2002 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 181% inflationary increase is applied to the most recent sale price for 57 MERCOT CLOSE of £114,250 on 30th August 2002. For the value to have increased from £114,250 to £321,095 over the 24 years and four months to April 2026, the following assumptions must hold true:

• The value of 57 MERCOT CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 2002 sale price of £114,250 represented a fair market value for the property.
• The size, condition, and specification of 57 MERCOT CLOSE has not materially changed since August 2002.

Where is 57 MERCOT CLOSE?

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