5, STANFORD CLOSE, REDDITCH, B97 5QW - £179,950

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 STANFORD CLOSE is a detached house, which could now be worth an estimated £655,455. It was last sold for £179,950 in September 1999, which was around 66% above the average September 1999 detached price in the Redditch local authority area.

5 STANFORD CLOSE Sold Prices

Land registry data shows two sales for 5 STANFORD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 5 STANFORD 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
1999 16 SEP	£179,950	£108,202	66% above HPI
1998 22 MAY	£165,000	£96,197	72% above HPI

What might 5 STANFORD CLOSE be worth now?

5 STANFORD CLOSE might now be worth an estimated £655,455.

This is based on house price inflation of 264.2%, between September 1999 and May 2026, for 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 264.2% inflationary increase is applied to the most recent sale price for 5 STANFORD CLOSE of £179,950 on 16th September 1999. For the value to have increased from £179,950 to £655,455 over the 27 years and four months to May 2026, the following assumptions must hold true:

• The value of 5 STANFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 1999 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 5 STANFORD CLOSE has not materially changed since September 1999.

Where is 5 STANFORD CLOSE?

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