4, COLERIDGE CLOSE, REDDITCH, B97 5BT - £124,000

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.

4 COLERIDGE CLOSE is a large flat of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £146,760. It was last sold for £124,000 in November 2017, which was around 27% above the average November 2017 flat price in the Redditch local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was C.

4 COLERIDGE CLOSE Sold Prices

Land registry data shows three sales for 4 COLERIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the three 4 COLERIDGE 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
2017 24 NOV	£124,000	£97,653	27% above HPI
1999 16 APR	£49,950	£32,189	55% above HPI
1997 1 MAY	£36,250	£29,264	24% above HPI

What might 4 COLERIDGE CLOSE be worth now?

4 COLERIDGE CLOSE might now be worth an estimated £146,760.

This is based on house price inflation of 18.4%, between November 2017 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 18.4% inflationary increase is applied to the most recent sale price for 4 COLERIDGE CLOSE of £124,000 on 24th November 2017. For the value to have increased from £124,000 to £146,760 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 4 COLERIDGE CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The November 2017 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COLERIDGE CLOSE has not materially changed since November 2017.

How Large is 4 COLERIDGE CLOSE?

4 COLERIDGE CLOSE is 59m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of flats in Redditch, based on EPC data. 62% of flats are smaller than 4 COLERIDGE CLOSE, and 35% of flats are larger. Note that EPC data is not available for all properties in Redditch.

4 COLERIDGE CLOSE: Plot

4 COLERIDGE CLOSE sits on a plot of roughly 0.173 of an acre, or 700m².

Where is 4 COLERIDGE CLOSE?

4 COLERIDGE CLOSE is located in REDDITCH, in the B97 postcode district.