8, SPRING VALE ROAD, REDDITCH, B97 5RW - £215,000

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.

8 SPRING VALE ROAD is a detached house, which could now be worth an estimated £395,286. It was last sold for £215,000 in November 2008, which was around 2% below the average November 2008 detached price in the Redditch local authority area.

8 SPRING VALE ROAD Sold Prices

Land registry data shows four sales for 8 SPRING VALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 8 SPRING VALE ROAD 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
2008 28 NOV	£215,000	£219,339	2% below HPI
2004 6 AUG	£189,950	£212,247	11% below HPI
2002 12 APR	£134,000	£148,430	10% below HPI
2001 12 APR	£125,500	£127,976	2% below HPI

What might 8 SPRING VALE ROAD be worth now?

8 SPRING VALE ROAD might now be worth an estimated £395,286.

This is based on house price inflation of 83.9%, between November 2008 and April 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 83.9% inflationary increase is applied to the most recent sale price for 8 SPRING VALE ROAD of £215,000 on 28th November 2008. For the value to have increased from £215,000 to £395,286 over the eighteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 8 SPRING VALE ROAD has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2008 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRING VALE ROAD has not materially changed since November 2008.

Where is 8 SPRING VALE ROAD?

8 SPRING VALE ROAD is located in REDDITCH, in the B97 postcode district.