5, PACKWOOD CLOSE, REDDITCH, B97 5SJ - £124,995

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.

5 PACKWOOD CLOSE is a semi-detached house, which could now be worth an estimated £252,670. It was last sold for £124,995 in April 2004, which was about the average April 2004 semi-detached price in the Redditch local authority area.

5 PACKWOOD CLOSE Sold Prices

Land registry data shows four sales for 5 PACKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. The four 5 PACKWOOD CLOSE sales were a mix of roughly equal to the average price, and 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
2004 2 APR	£124,995	£125,301	Close to HPI
1999 13 AUG	£69,950	£61,167	14% above HPI
1997 9 MAY	£58,000	£52,525	10% above HPI
1995 12 OCT	£56,000	£50,677	11% above HPI

What might 5 PACKWOOD CLOSE be worth now?

5 PACKWOOD CLOSE might now be worth an estimated £252,670.

This is based on house price inflation of 102.1%, between April 2004 and May 2026, for semi-detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 102.1% inflationary increase is applied to the most recent sale price for 5 PACKWOOD CLOSE of £124,995 on 2nd April 2004. For the value to have increased from £124,995 to £252,670 over the 21 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 PACKWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The April 2004 sale price of £124,995 represented a fair market value for the property.
• The size, condition, and specification of 5 PACKWOOD CLOSE has not materially changed since April 2004.

Where is 5 PACKWOOD CLOSE?

5 PACKWOOD CLOSE is located in REDDITCH, in the B97 postcode district.