7, MERCOT CLOSE, REDDITCH, B98 7YX - £169,950

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.

7 MERCOT CLOSE is a semi-detached house, which could now be worth an estimated £296,541. It was last sold for £169,950 in January 2007, which was around 16% above the average January 2007 semi-detached price in the Redditch local authority area.

7 MERCOT CLOSE Sold Prices

Land registry data shows two sales for 7 MERCOT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 7 MERCOT 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
2007 5 JAN	£169,950	£147,037	16% above HPI
2006 24 NOV	£169,000	£148,194	14% above HPI

What might 7 MERCOT CLOSE be worth now?

7 MERCOT CLOSE might now be worth an estimated £296,541.

This is based on house price inflation of 74.5%, between January 2007 and April 2026, for semi-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 74.5% inflationary increase is applied to the most recent sale price for 7 MERCOT CLOSE of £169,950 on 5th January 2007. For the value to have increased from £169,950 to £296,541 over the eighteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 7 MERCOT CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The January 2007 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 7 MERCOT CLOSE has not materially changed since January 2007.

Where is 7 MERCOT CLOSE?

7 MERCOT CLOSE is located in REDDITCH, in the B98 postcode district.