55A, BROMSGROVE ROAD, REDDITCH, B97 4RH - £375,000

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.

55A BROMSGROVE ROAD is a very large extended detached house of 148m², built sometime between 1930 and 1949, which could now be worth an estimated £380,485. It was last sold for £375,000 in May 2024, which was around 3% below the average May 2024 detached price in the Redditch local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

55A BROMSGROVE ROAD Sold Prices

Land registry data shows one sale for 55A BROMSGROVE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 17 MAY	£375,000	£388,436	3% below HPI

What might 55A BROMSGROVE ROAD be worth now?

55A BROMSGROVE ROAD might now be worth an estimated £380,485.

This is based on house price inflation of 1.5%, between May 2024 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 1.5% inflationary increase is applied to the most recent sale price for 55A BROMSGROVE ROAD of £375,000 on 17th May 2024. For the value to have increased from £375,000 to £380,485 over the two years to May 2026, the following assumptions must hold true:

• The value of 55A BROMSGROVE ROAD has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2024 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 55A BROMSGROVE ROAD has not materially changed since May 2024.

How Large is 55A BROMSGROVE ROAD?

55A BROMSGROVE ROAD is 148m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 55A BROMSGROVE ROAD lies on this distribution: 86% of detached houses are smaller than 55A BROMSGROVE ROAD, and 14% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

Where is 55A BROMSGROVE ROAD?

55A BROMSGROVE ROAD is located in REDDITCH, in the B97 postcode district.