61, HIGH TREES CLOSE, REDDITCH, B98 7XJ - £48,000

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.

61 HIGH TREES CLOSE is a flat, which could now be worth an estimated £117,556. It was last sold for £48,000 in April 2002, which was around 2% above the average April 2002 flat price in the Redditch local authority area.

61 HIGH TREES CLOSE Sold Prices

Land registry data shows three sales for 61 HIGH TREES 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. Two of the three 61 HIGH TREES CLOSE sales were for above the average price, whilst one was for below 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
2002 5 APR	£48,000	£47,192	2% above HPI
1998 16 OCT	£36,000	£31,350	15% above HPI
1995 1 MAY	£26,500	£28,652	8% below HPI

What might 61 HIGH TREES CLOSE be worth now?

61 HIGH TREES CLOSE might now be worth an estimated £117,556.

This is based on house price inflation of 144.9%, between April 2002 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 144.9% inflationary increase is applied to the most recent sale price for 61 HIGH TREES CLOSE of £48,000 on 5th April 2002. For the value to have increased from £48,000 to £117,556 over the 24 years to April 2026, the following assumptions must hold true:

• The value of 61 HIGH TREES CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The April 2002 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 61 HIGH TREES CLOSE has not materially changed since April 2002.

Where is 61 HIGH TREES CLOSE?

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