41, CEDAR ROAD, REDDITCH, B97 6HL - £123,750

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.

41 CEDAR ROAD is a small flat of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £127,711. It was last sold for £123,750 in July 2021, which was around 10% above the average July 2021 flat price in the Redditch local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.

41 CEDAR ROAD Sold Prices

Land registry data shows five sales for 41 CEDAR ROAD 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. Most of the five 41 CEDAR ROAD 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
2021 30 JUL	£123,750	£111,992	10% above HPI
2016 29 JUN	£95,000	£90,655	5% above HPI
2015 24 JUN	£81,000	£83,776	3% below HPI
2012 27 APR	£63,000	£71,505	12% below HPI
2008 9 APR	£94,500	£88,093	7% above HPI

What might 41 CEDAR ROAD be worth now?

41 CEDAR ROAD might now be worth an estimated £127,711.

This is based on house price inflation of 3.2%, between July 2021 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% inflationary increase is applied to the most recent sale price for 41 CEDAR ROAD of £123,750 on 30th July 2021. For the value to have increased from £123,750 to £127,711 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 41 CEDAR ROAD has moved in line with the HPI for flats in the Redditch local authority area.
• The July 2021 sale price of £123,750 represented a fair market value for the property.
• The size, condition, and specification of 41 CEDAR ROAD has not materially changed since July 2021.

How Large is 41 CEDAR ROAD?

41 CEDAR ROAD is 46m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of flats in Redditch, based on EPC data. 25% of flats are smaller than 41 CEDAR ROAD, and 71% of flats are larger. Note that EPC data is not available for all properties in Redditch.

41 CEDAR ROAD: Plot

41 CEDAR ROAD sits on a plot of roughly 12.4 acres, or 50,176m².

Where is 41 CEDAR ROAD?

41 CEDAR ROAD is located in REDDITCH, in the B97 postcode district.