10, FAIRWEATHER CLOSE, REDDITCH, B97 6LE - £198,000

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.

10 FAIRWEATHER CLOSE is a very large flat of 79m², built sometime from 2012 onwards, which could now be worth an estimated £187,223. It was last sold for £198,000 in February 2023, which was around 64% above the average February 2023 flat price in the Redditch local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

10 FAIRWEATHER CLOSE Sold Prices

Land registry data shows three sales for 10 FAIRWEATHER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the three 10 FAIRWEATHER 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
2023 24 FEB	£198,000	£121,069	64% above HPI
2017 17 NOV	£155,000	£97,653	59% above HPI
2013 11 OCT	£139,995	£75,881	84% above HPI

What might 10 FAIRWEATHER CLOSE be worth now?

10 FAIRWEATHER CLOSE might now be worth an estimated £187,223.

This is based on house price deflation of 5.4%, between February 2023 and May 2026, for flats, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% deflationary decrease is applied to the most recent sale price for 10 FAIRWEATHER CLOSE of £198,000 on 24th February 2023. For the value to have decreased from £198,000 to £187,223 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 10 FAIRWEATHER CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The February 2023 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FAIRWEATHER CLOSE has not materially changed since February 2023.

How Large is 10 FAIRWEATHER CLOSE?

10 FAIRWEATHER CLOSE is 79m² according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of flats in Redditch, based on EPC data. 93% of flats are smaller than 10 FAIRWEATHER CLOSE, and 6% of flats are larger. Note that EPC data is not available for all properties in Redditch.

10 FAIRWEATHER CLOSE: Plot

10 FAIRWEATHER CLOSE sits on a plot of roughly 0.030 of an acre, or 123m².

Where is 10 FAIRWEATHER CLOSE?

10 FAIRWEATHER CLOSE is located in REDDITCH, in the B97 postcode district.