39, GRAFTON CLOSE, REDDITCH, B98 7TR - £195,000

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.

39 GRAFTON CLOSE is a detached house, which could now be worth an estimated £321,252. It was last sold for £195,000 in June 2007, which was around 18% below the average June 2007 detached price in the Redditch local authority area.

39 GRAFTON CLOSE Sold Prices

Land registry data shows three sales for 39 GRAFTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 39 GRAFTON 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
2007 29 JUN	£195,000	£239,230	18% below HPI
2005 15 SEP	£157,000	£229,989	32% below HPI
1997 26 SEP	£62,000	£93,705	34% below HPI

What might 39 GRAFTON CLOSE be worth now?

39 GRAFTON CLOSE might now be worth an estimated £321,252.

This is based on house price inflation of 64.7%, between June 2007 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 64.7% inflationary increase is applied to the most recent sale price for 39 GRAFTON CLOSE of £195,000 on 29th June 2007. For the value to have increased from £195,000 to £321,252 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 39 GRAFTON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2007 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 39 GRAFTON CLOSE has not materially changed since June 2007.

Where is 39 GRAFTON CLOSE?

39 GRAFTON CLOSE is located in REDDITCH, in the B98 postcode district.