6, HEDGEROW CLOSE, REDDITCH, B98 7QE - £128,000

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.

6 HEDGEROW CLOSE is a large flat of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £124,894. It was last sold for £128,000 in June 2022, which was around 8% above the average June 2022 flat price in the Redditch local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

6 HEDGEROW CLOSE Sold Prices

Land registry data shows three sales for 6 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the three 6 HEDGEROW 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
2022 10 JUN	£128,000	£118,451	8% above HPI
2017 31 MAY	£112,000	£96,620	16% above HPI
2009 15 MAY	£105,500	£76,074	39% above HPI

What might 6 HEDGEROW CLOSE be worth now?

6 HEDGEROW CLOSE might now be worth an estimated £124,894.

This is based on house price deflation of 2.4%, between June 2022 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 2.4% deflationary decrease is applied to the most recent sale price for 6 HEDGEROW CLOSE of £128,000 on 10th June 2022. For the value to have decreased from £128,000 to £124,894 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 6 HEDGEROW CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The June 2022 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HEDGEROW CLOSE has not materially changed since June 2022.

How Large is 6 HEDGEROW CLOSE?

6 HEDGEROW CLOSE is 60m² according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of flats in Redditch, based on EPC data. 65% of flats are smaller than 6 HEDGEROW CLOSE, and 32% of flats are larger. Note that EPC data is not available for all properties in Redditch.

6 HEDGEROW CLOSE: Plot

6 HEDGEROW CLOSE sits on a plot of roughly 2.0 acres, or 7,985m².

Where is 6 HEDGEROW CLOSE?

6 HEDGEROW CLOSE is located in REDDITCH, in the B98 postcode district.