108, HIGH TREES CLOSE, REDDITCH, B98 7XL - £87,500

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.

108 HIGH TREES CLOSE is a small extended flat of 45m², built sometime between 1967 and 1975, which could now be worth an estimated £102,837. It was last sold for £87,500 in June 2018, which was around 10% below the average June 2018 flat price in the Redditch local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

108 HIGH TREES CLOSE Sold Prices

Land registry data shows two sales for 108 HIGH TREES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. Both of the two 108 HIGH TREES CLOSE 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
2018 29 JUN	£87,500	£97,406	10% below HPI
2007 6 JUN	£75,000	£91,183	18% below HPI

What might 108 HIGH TREES CLOSE be worth now?

108 HIGH TREES CLOSE might now be worth an estimated £102,837.

This is based on house price inflation of 17.5%, between June 2018 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 17.5% inflationary increase is applied to the most recent sale price for 108 HIGH TREES CLOSE of £87,500 on 29th June 2018. For the value to have increased from £87,500 to £102,837 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 108 HIGH TREES CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The June 2018 sale price of £87,500 represented a fair market value for the property.
• The size, condition, and specification of 108 HIGH TREES CLOSE has not materially changed since June 2018.

How Large is 108 HIGH TREES CLOSE?

108 HIGH TREES CLOSE is 45m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of flats in Redditch, based on EPC data. 21% of flats are smaller than 108 HIGH TREES CLOSE, and 75% of flats are larger. Note that EPC data is not available for all properties in Redditch.

Where is 108 HIGH TREES CLOSE?

108 HIGH TREES CLOSE is located in REDDITCH, in the B98 postcode district.