79, HIGH TREES CLOSE, REDDITCH, B98 7XL - £85,000

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.

79 HIGH TREES CLOSE is a very small flat of 30m², built sometime between 1991 and 1995, which could now be worth an estimated £101,278. It was last sold for £85,000 in April 2018, which was around 12% below the average April 2018 flat price in the Redditch local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

79 HIGH TREES CLOSE Sold Prices

Land registry data shows three sales for 79 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. All of the three 79 HIGH TREES CLOSE sales were 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
2018 10 APR	£85,000	£97,001	12% below HPI
2007 22 AUG	£80,000	£90,549	12% below HPI
1999 17 FEB	£30,000	£31,394	4% below HPI

What might 79 HIGH TREES CLOSE be worth now?

79 HIGH TREES CLOSE might now be worth an estimated £101,278.

This is based on house price inflation of 19.2%, between April 2018 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 19.2% inflationary increase is applied to the most recent sale price for 79 HIGH TREES CLOSE of £85,000 on 10th April 2018. For the value to have increased from £85,000 to £101,278 over the eight years to April 2026, the following assumptions must hold true:

• The value of 79 HIGH TREES CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The April 2018 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 79 HIGH TREES CLOSE has not materially changed since April 2018.

How Large is 79 HIGH TREES CLOSE?

79 HIGH TREES CLOSE is 30m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of flats in Redditch, based on EPC data. 3% of flats are smaller than 79 HIGH TREES CLOSE, and 96% of flats are larger. Note that EPC data is not available for all properties in Redditch.

Where is 79 HIGH TREES CLOSE?

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