2, BURNS CLOSE, REDDITCH, B97 5BS - £175,000

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.

2 BURNS CLOSE is a large extended flat of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £172,776. It was last sold for £175,000 in February 2024, which was around 49% above the average February 2024 flat price in the Redditch local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

2 BURNS CLOSE Sold Prices

Land registry data shows two sales for 2 BURNS 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 2 BURNS 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
2024 16 FEB	£175,000	£117,065	49% above HPI
1999 24 MAY	£46,000	£32,461	42% above HPI

What might 2 BURNS CLOSE be worth now?

2 BURNS CLOSE might now be worth an estimated £172,776.

This is based on house price deflation of 1.3%, between February 2024 and April 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 1.3% deflationary decrease is applied to the most recent sale price for 2 BURNS CLOSE of £175,000 on 16th February 2024. For the value to have decreased from £175,000 to £172,776 over the one year and ten months to April 2026, the following assumptions must hold true:

• The value of 2 BURNS CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The February 2024 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BURNS CLOSE has not materially changed since February 2024.

How Large is 2 BURNS CLOSE?

2 BURNS CLOSE is 59m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of flats in Redditch, based on EPC data. 62% of flats are smaller than 2 BURNS CLOSE, and 35% of flats are larger. Note that EPC data is not available for all properties in Redditch.

2 BURNS CLOSE: Plot

2 BURNS CLOSE sits on a plot of roughly 0.098 of an acre, or 396m².

Where is 2 BURNS CLOSE?

2 BURNS CLOSE is located in REDDITCH, in the B97 postcode district.