40, PERRYFIELDS CLOSE, REDDITCH, B98 7YP - £167,500

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.

40 PERRYFIELDS CLOSE is a midsized extended flat of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £162,168. It was last sold for £167,500 in March 2024, which was around 40% above the average March 2024 flat price in the Redditch local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

40 PERRYFIELDS CLOSE Sold Prices

Land registry data shows five sales for 40 PERRYFIELDS 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 40 PERRYFIELDS 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
2024 8 MAR	£167,500	£119,377	40% above HPI
2015 27 FEB	£119,950	£81,651	47% above HPI
2007 22 OCT	£117,500	£91,291	29% above HPI
2000 17 NOV	£56,000	£38,766	44% above HPI
1995 30 AUG	£39,000	£28,340	38% above HPI

What might 40 PERRYFIELDS CLOSE be worth now?

40 PERRYFIELDS CLOSE might now be worth an estimated £162,168.

This is based on house price deflation of 3.2%, between March 2024 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 3.2% deflationary decrease is applied to the most recent sale price for 40 PERRYFIELDS CLOSE of £167,500 on 8th March 2024. For the value to have decreased from £167,500 to £162,168 over the one year and eleven months to April 2026, the following assumptions must hold true:

• The value of 40 PERRYFIELDS CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The March 2024 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 40 PERRYFIELDS CLOSE has not materially changed since March 2024.

How Large is 40 PERRYFIELDS CLOSE?

40 PERRYFIELDS CLOSE is 55m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of flats in Redditch, based on EPC data. 50% of flats are smaller than 40 PERRYFIELDS CLOSE, and 48% of flats are larger. Note that EPC data is not available for all properties in Redditch.

40 PERRYFIELDS CLOSE: Plot

40 PERRYFIELDS CLOSE sits on a plot of roughly 0.084 of an acre, or 341m².

Where is 40 PERRYFIELDS CLOSE?

40 PERRYFIELDS CLOSE is located in REDDITCH, in the B98 postcode district.