47, CEDAR ROAD, REDDITCH, B97 6HL - £100,000

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.

47 CEDAR ROAD is a small flat of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £115,374. It was last sold for £100,000 in January 2019, which was about the average January 2019 flat price in the Redditch local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

47 CEDAR ROAD Sold Prices

Land registry data shows two sales for 47 CEDAR ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 30 JAN	£100,000	£100,176	Close to HPI
2006 8 DEC	£88,500	£88,178	Close to HPI

What might 47 CEDAR ROAD be worth now?

47 CEDAR ROAD might now be worth an estimated £115,374.

This is based on house price inflation of 15.4%, between January 2019 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 15.4% inflationary increase is applied to the most recent sale price for 47 CEDAR ROAD of £100,000 on 30th January 2019. For the value to have increased from £100,000 to £115,374 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 47 CEDAR ROAD has moved in line with the HPI for flats in the Redditch local authority area.
• The January 2019 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 47 CEDAR ROAD has not materially changed since January 2019.

How Large is 47 CEDAR ROAD?

47 CEDAR ROAD is 49m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of flats in Redditch, based on EPC data. 36% of flats are smaller than 47 CEDAR ROAD, and 61% of flats are larger. Note that EPC data is not available for all properties in Redditch.

47 CEDAR ROAD: Plot

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

Where is 47 CEDAR ROAD?

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