3, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £155,000

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.

3 MICHAELWOOD CLOSE is a semi-detached house, which could now be worth an estimated £272,836. It was last sold for £155,000 in August 2006, which was around 8% above the average August 2006 semi-detached price in the Redditch local authority area.

3 MICHAELWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 MICHAELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the three 3 MICHAELWOOD 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
2006 11 AUG	£155,000	£143,895	8% above HPI
2003 6 JUN	£125,000	£113,634	10% above HPI
1997 30 APR	£58,000	£52,300	11% above HPI

What might 3 MICHAELWOOD CLOSE be worth now?

3 MICHAELWOOD CLOSE might now be worth an estimated £272,836.

This is based on house price inflation of 76%, between August 2006 and May 2026, for semi-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 76% inflationary increase is applied to the most recent sale price for 3 MICHAELWOOD CLOSE of £155,000 on 11th August 2006. For the value to have increased from £155,000 to £272,836 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 3 MICHAELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 2006 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MICHAELWOOD CLOSE has not materially changed since August 2006.

Where is 3 MICHAELWOOD CLOSE?

3 MICHAELWOOD CLOSE is located in REDDITCH, in the B97 postcode district.