33, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £95,500

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.

33 MICHAELWOOD CLOSE is a small flat of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £146,890. It was last sold for £95,500 in July 2004, which was around 28% above the average July 2004 flat price in the Redditch local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was C.

33 MICHAELWOOD CLOSE Sold Prices

Land registry data shows four sales for 33 MICHAELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the four 33 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
2004 30 JUL	£95,500	£74,428	28% above HPI
2002 25 MAR	£64,950	£46,474	40% above HPI
2000 21 JAN	£52,000	£35,002	49% above HPI
1996 29 NOV	£38,000	£28,365	34% above HPI

What might 33 MICHAELWOOD CLOSE be worth now?

33 MICHAELWOOD CLOSE might now be worth an estimated £146,890.

This is based on house price inflation of 53.8%, between July 2004 and May 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 53.8% inflationary increase is applied to the most recent sale price for 33 MICHAELWOOD CLOSE of £95,500 on 30th July 2004. For the value to have increased from £95,500 to £146,890 over the 22 years and two months to May 2026, the following assumptions must hold true:

• The value of 33 MICHAELWOOD CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The July 2004 sale price of £95,500 represented a fair market value for the property.
• The size, condition, and specification of 33 MICHAELWOOD CLOSE has not materially changed since July 2004.

How Large is 33 MICHAELWOOD CLOSE?

33 MICHAELWOOD CLOSE is 45m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of flats in Redditch, based on EPC data. 21% of flats are smaller than 33 MICHAELWOOD CLOSE, and 75% of flats are larger. Note that EPC data is not available for all properties in Redditch.

33 MICHAELWOOD CLOSE: Plot

33 MICHAELWOOD CLOSE sits on a plot of roughly 0.021 of an acre, or 85m².

Where is 33 MICHAELWOOD CLOSE?

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