3, STANFORD CLOSE, REDDITCH, B97 5QW - £345,000

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 STANFORD CLOSE is a detached house, which could now be worth an estimated £708,398. It was last sold for £345,000 in July 2003, which was around 80% above the average July 2003 detached price in the Redditch local authority area.

3 STANFORD CLOSE Sold Prices

Land registry data shows two sales for 3 STANFORD 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 3 STANFORD 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 31 JUL	£345,000	£191,941	80% above HPI
1995 10 NOV	£153,000	£84,769	80% above HPI

What might 3 STANFORD CLOSE be worth now?

3 STANFORD CLOSE might now be worth an estimated £708,398.

This is based on house price inflation of 105.3%, between July 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 105.3% inflationary increase is applied to the most recent sale price for 3 STANFORD CLOSE of £345,000 on 31st July 2003. For the value to have increased from £345,000 to £708,398 over the 23 years and two months to May 2026, the following assumptions must hold true:

• The value of 3 STANFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2003 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STANFORD CLOSE has not materially changed since July 2003.

Where is 3 STANFORD CLOSE?

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