50, HIGH TREES CLOSE, REDDITCH, B98 7XJ - £82,500

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.

50 HIGH TREES CLOSE is a very small flat of 43m², built sometime between 1983 and 1990, which could now be worth an estimated £100,463. It was last sold for £82,500 in January 2017, which was around 12% below the average January 2017 flat price in the Redditch local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

50 HIGH TREES CLOSE Sold Prices

Land registry data shows two sales for 50 HIGH TREES CLOSE 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. One of the two 50 HIGH TREES CLOSE sales was for below the average price, whilst the other was 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
2017 16 JAN	£82,500	£94,010	12% below HPI
2000 25 FEB	£38,000	£34,562	10% above HPI

What might 50 HIGH TREES CLOSE be worth now?

50 HIGH TREES CLOSE might now be worth an estimated £100,463.

This is based on house price inflation of 21.8%, between January 2017 and May 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 21.8% inflationary increase is applied to the most recent sale price for 50 HIGH TREES CLOSE of £82,500 on 16th January 2017. For the value to have increased from £82,500 to £100,463 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 50 HIGH TREES CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The January 2017 sale price of £82,500 represented a fair market value for the property.
• The size, condition, and specification of 50 HIGH TREES CLOSE has not materially changed since January 2017.

How Large is 50 HIGH TREES CLOSE?

50 HIGH TREES CLOSE is 43m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of flats in Redditch, based on EPC data. 15% of flats are smaller than 50 HIGH TREES CLOSE, and 83% of flats are larger. Note that EPC data is not available for all properties in Redditch.

Where is 50 HIGH TREES CLOSE?

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