81, MERCOT CLOSE, REDDITCH, B98 7YY - £197,000

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.

81 MERCOT CLOSE is a detached house, which could now be worth an estimated £357,789. It was last sold for £197,000 in January 2006, which was around 11% below the average January 2006 detached price in the Redditch local authority area.

81 MERCOT CLOSE Sold Prices

Land registry data shows one sale for 81 MERCOT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2006 27 JAN	£197,000	£222,038	11% below HPI

What might 81 MERCOT CLOSE be worth now?

81 MERCOT CLOSE might now be worth an estimated £357,789.

This is based on house price inflation of 81.6%, between January 2006 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 81.6% inflationary increase is applied to the most recent sale price for 81 MERCOT CLOSE of £197,000 on 27th January 2006. For the value to have increased from £197,000 to £357,789 over the nineteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 81 MERCOT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2006 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 81 MERCOT CLOSE has not materially changed since January 2006.

Where is 81 MERCOT CLOSE?

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