30, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £123,000

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.

30 MICHAELWOOD CLOSE is a semi-detached house, which could now be worth an estimated £179,528. It was last sold for £123,000 in June 2016, which was around 29% below the average June 2016 semi-detached price in the Redditch local authority area.

30 MICHAELWOOD CLOSE Sold Prices

Land registry data shows five sales for 30 MICHAELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the five 30 MICHAELWOOD 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
2016 30 JUN	£123,000	£173,536	29% below HPI
2009 31 JUL	£100,000	£128,823	22% below HPI
2006 24 MAR	£95,000	£137,252	31% below HPI
2000 18 FEB	£49,000	£63,474	23% below HPI
1997 20 JUN	£40,500	£53,200	24% below HPI

What might 30 MICHAELWOOD CLOSE be worth now?

30 MICHAELWOOD CLOSE might now be worth an estimated £179,528.

This is based on house price inflation of 46%, between June 2016 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 46% inflationary increase is applied to the most recent sale price for 30 MICHAELWOOD CLOSE of £123,000 on 30th June 2016. For the value to have increased from £123,000 to £179,528 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 30 MICHAELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The June 2016 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 30 MICHAELWOOD CLOSE has not materially changed since June 2016.

Where is 30 MICHAELWOOD CLOSE?

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