8, WELFORD CLOSE, REDDITCH, B98 7YN - £189,950

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.

8 WELFORD CLOSE is a detached house, which could now be worth an estimated £316,342. It was last sold for £189,950 in October 2006, which was around 20% below the average October 2006 detached price in the Redditch local authority area.

8 WELFORD CLOSE Sold Prices

Land registry data shows four sales for 8 WELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 8 WELFORD 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
2006 30 OCT	£189,950	£236,651	20% below HPI
2001 26 OCT	£107,000	£141,135	24% below HPI
1999 1 OCT	£87,950	£109,922	20% below HPI
1999 21 MAY	£78,500	£102,149	23% below HPI

What might 8 WELFORD CLOSE be worth now?

8 WELFORD CLOSE might now be worth an estimated £316,342.

This is based on house price inflation of 66.5%, between October 2006 and May 2026, for 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 66.5% inflationary increase is applied to the most recent sale price for 8 WELFORD CLOSE of £189,950 on 30th October 2006. For the value to have increased from £189,950 to £316,342 over the twenty years and five months to May 2026, the following assumptions must hold true:

• The value of 8 WELFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2006 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 8 WELFORD CLOSE has not materially changed since October 2006.

Where is 8 WELFORD CLOSE?

8 WELFORD CLOSE is located in REDDITCH, in the B98 postcode district.