12, MOORCROFT CLOSE, REDDITCH, B97 5WB - £221,000

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.

12 MOORCROFT CLOSE is a detached house, which could now be worth an estimated £450,644. It was last sold for £221,000 in June 2003, which was around 14% above the average June 2003 detached price in the Redditch local authority area.

12 MOORCROFT CLOSE Sold Prices

Land registry data shows two sales for 12 MOORCROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 12 MOORCROFT 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
2003 27 JUN	£221,000	£193,279	14% above HPI
1996 19 JUL	£116,000	£84,536	37% above HPI

What might 12 MOORCROFT CLOSE be worth now?

12 MOORCROFT CLOSE might now be worth an estimated £450,644.

This is based on house price inflation of 103.9%, between June 2003 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 103.9% inflationary increase is applied to the most recent sale price for 12 MOORCROFT CLOSE of £221,000 on 27th June 2003. For the value to have increased from £221,000 to £450,644 over the 23 years and one month to May 2026, the following assumptions must hold true:

• The value of 12 MOORCROFT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2003 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MOORCROFT CLOSE has not materially changed since June 2003.

Where is 12 MOORCROFT CLOSE?

12 MOORCROFT CLOSE is located in REDDITCH, in the B97 postcode district.