36, RANGEWORTHY CLOSE, REDDITCH, B97 5HY - £74,000

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.

36 RANGEWORTHY CLOSE is a very small flat of 24m², built sometime between 1983 and 1990, which could now be worth an estimated £70,713. It was last sold for £74,000 in March 2023, which was around 39% below the average March 2023 flat price in the Redditch local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

36 RANGEWORTHY CLOSE Sold Prices

Land registry data shows five sales for 36 RANGEWORTHY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the five 36 RANGEWORTHY 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
2023 31 MAR	£74,000	£120,950	39% below HPI
2007 27 JUN	£68,000	£91,183	25% below HPI
2006 10 FEB	£58,000	£83,192	30% below HPI
2002 22 APR	£29,000	£47,192	39% below HPI
1995 24 FEB	£21,500	£29,065	26% below HPI

What might 36 RANGEWORTHY CLOSE be worth now?

36 RANGEWORTHY CLOSE might now be worth an estimated £70,713.

This is based on house price deflation of 4.4%, between March 2023 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 4.4% deflationary decrease is applied to the most recent sale price for 36 RANGEWORTHY CLOSE of £74,000 on 31st March 2023. For the value to have decreased from £74,000 to £70,713 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 36 RANGEWORTHY CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The March 2023 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 36 RANGEWORTHY CLOSE has not materially changed since March 2023.

How Large is 36 RANGEWORTHY CLOSE?

36 RANGEWORTHY CLOSE is 24m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of flats in Redditch, based on EPC data. Less than 1% of flats are smaller than 36 RANGEWORTHY CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Redditch.

36 RANGEWORTHY CLOSE: Plot

36 RANGEWORTHY CLOSE sits on a plot of roughly 0.200 of an acre, or 811m².

Where is 36 RANGEWORTHY CLOSE?

36 RANGEWORTHY CLOSE is located in REDDITCH, in the B97 postcode district.