70, BROMSGROVE ROAD, REDDITCH, B97 4RN - £69,950

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.

70 BROMSGROVE ROAD is a flat, which could now be worth an estimated £109,697. It was last sold for £69,950 in May 2012, which was around 4% below the average May 2012 flat price in the Redditch local authority area.

70 BROMSGROVE ROAD Sold Prices

Land registry data shows two sales for 70 BROMSGROVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. One of the two 70 BROMSGROVE ROAD sales was for below the average price, whilst the other was 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
2012 18 MAY	£69,950	£72,999	4% below HPI
2007 7 FEB	£110,000	£89,100	23% above HPI

What might 70 BROMSGROVE ROAD be worth now?

70 BROMSGROVE ROAD might now be worth an estimated £109,697.

This is based on house price inflation of 56.8%, between May 2012 and May 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 56.8% inflationary increase is applied to the most recent sale price for 70 BROMSGROVE ROAD of £69,950 on 18th May 2012. For the value to have increased from £69,950 to £109,697 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 70 BROMSGROVE ROAD has moved in line with the HPI for flats in the Redditch local authority area.
• The May 2012 sale price of £69,950 represented a fair market value for the property.
• The size, condition, and specification of 70 BROMSGROVE ROAD has not materially changed since May 2012.

Where is 70 BROMSGROVE ROAD?

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