47, HIGH TREES CLOSE, REDDITCH, B98 7XJ - £81,000

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 HIGH TREES CLOSE is a very small flat of 30m², built sometime between 1983 and 1990, which could now be worth an estimated £113,681. It was last sold for £81,000 in March 2015, which was around 2% below the average March 2015 flat price in the Redditch local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

47 HIGH TREES CLOSE Sold Prices

Land registry data shows four sales for 47 HIGH TREES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. Most of the four 47 HIGH TREES 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
2015 13 MAR	£81,000	£82,351	2% below HPI
2006 28 SEP	£89,950	£86,824	4% above HPI
2005 14 NOV	£62,000	£84,747	27% below HPI
2004 19 FEB	£67,950	£68,989	2% below HPI

What might 47 HIGH TREES CLOSE be worth now?

47 HIGH TREES CLOSE might now be worth an estimated £113,681.

This is based on house price inflation of 40.3%, between March 2015 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 40.3% inflationary increase is applied to the most recent sale price for 47 HIGH TREES CLOSE of £81,000 on 13th March 2015. For the value to have increased from £81,000 to £113,681 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of 47 HIGH TREES CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The March 2015 sale price of £81,000 represented a fair market value for the property.
• The size, condition, and specification of 47 HIGH TREES CLOSE has not materially changed since March 2015.

How Large is 47 HIGH TREES CLOSE?

47 HIGH TREES CLOSE is 30m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of flats in Redditch, based on EPC data. 3% of flats are smaller than 47 HIGH TREES CLOSE, and 96% of flats are larger. Note that EPC data is not available for all properties in Redditch.

Where is 47 HIGH TREES CLOSE?

47 HIGH TREES CLOSE is located in REDDITCH, in the B98 postcode district.