55, PEMBRIDGE CLOSE, REDDITCH, B98 0JP - £103,000

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.

55 PEMBRIDGE CLOSE is a very large terraced house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £158,304. It was last sold for £103,000 in June 2009, which was around 37% above the average June 2009 flat price in the Redditch local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

55 PEMBRIDGE CLOSE Sold Prices

Land registry data shows four sales for 55 PEMBRIDGE 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. All of the four 55 PEMBRIDGE 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
2009 5 JUN	£103,000	£75,200	37% above HPI
2009 5 JUN	£103,000	£75,200	37% above HPI
2002 6 DEC	£88,500	£59,310	49% above HPI
2000 16 JUN	£54,000	£37,537	44% above HPI

What might 55 PEMBRIDGE CLOSE be worth now?

55 PEMBRIDGE CLOSE might now be worth an estimated £158,304.

This is based on house price inflation of 53.7%, between June 2009 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 53.7% inflationary increase is applied to the most recent sale price for 55 PEMBRIDGE CLOSE of £103,000 on 5th June 2009. For the value to have increased from £103,000 to £158,304 over the seventeen years and two months to April 2026, the following assumptions must hold true:

• The value of 55 PEMBRIDGE CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The June 2009 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 55 PEMBRIDGE CLOSE has not materially changed since June 2009.

How Large is 55 PEMBRIDGE CLOSE?

55 PEMBRIDGE CLOSE is 69m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of flats in Redditch, based on EPC data. The below chart shows the distribution of flats by size in Redditch, and where 55 PEMBRIDGE CLOSE lies on this distribution: 84% of flats are smaller than 55 PEMBRIDGE CLOSE, and 16% of flats are larger. Note that EPC data is not available for all properties in Redditch.

55 PEMBRIDGE CLOSE: Plot

55 PEMBRIDGE CLOSE sits on a plot of roughly 0.031 of an acre, or 125m².

Where is 55 PEMBRIDGE CLOSE?

55 PEMBRIDGE CLOSE is located in REDDITCH, in the B98 postcode district.