1, WELFORD CLOSE, REDDITCH, B98 7YN - £150,000

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.

1 WELFORD CLOSE is a detached house, which could now be worth an estimated £431,485. It was last sold for £150,000 in August 2001, which was around 9% above the average August 2001 detached price in the Redditch local authority area.

1 WELFORD CLOSE Sold Prices

Land registry data shows three sales for 1 WELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 1 WELFORD 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
2001 24 AUG	£150,000	£137,010	9% above HPI
2001 24 AUG	£150,000	£137,010	9% above HPI
1999 27 SEP	£118,000	£108,202	9% above HPI

What might 1 WELFORD CLOSE be worth now?

1 WELFORD CLOSE might now be worth an estimated £431,485.

This is based on house price inflation of 187.7%, between August 2001 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 187.7% inflationary increase is applied to the most recent sale price for 1 WELFORD CLOSE of £150,000 on 24th August 2001. For the value to have increased from £150,000 to £431,485 over the 25 years and three months to May 2026, the following assumptions must hold true:

• The value of 1 WELFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2001 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELFORD CLOSE has not materially changed since August 2001.

Where is 1 WELFORD CLOSE?

1 WELFORD CLOSE is located in REDDITCH, in the B98 postcode district.