89, RANGEWORTHY CLOSE, REDDITCH, B97 5HZ - £115,000

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.

89 RANGEWORTHY CLOSE is a very small flat of 39m², built sometime between 1983 and 1990, which could now be worth an estimated £111,216. It was last sold for £115,000 in July 2022, which was around 4% below the average July 2022 flat price in the Redditch local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

89 RANGEWORTHY CLOSE Sold Prices

Land registry data shows three sales for 89 RANGEWORTHY 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 89 RANGEWORTHY CLOSE sales were for below the average price, whilst one 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
2022 15 JUL	£115,000	£119,509	4% below HPI
2021 21 MAY	£107,500	£111,421	4% below HPI
2014 8 AUG	£83,500	£78,805	6% above HPI

What might 89 RANGEWORTHY CLOSE be worth now?

89 RANGEWORTHY CLOSE might now be worth an estimated £111,216.

This is based on house price deflation of 3.3%, between July 2022 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 3.3% deflationary decrease is applied to the most recent sale price for 89 RANGEWORTHY CLOSE of £115,000 on 15th July 2022. For the value to have decreased from £115,000 to £111,216 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 89 RANGEWORTHY CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The July 2022 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 89 RANGEWORTHY CLOSE has not materially changed since July 2022.

How Large is 89 RANGEWORTHY CLOSE?

89 RANGEWORTHY CLOSE is 39m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of flats in Redditch, based on EPC data. 10% of flats are smaller than 89 RANGEWORTHY CLOSE, and 89% of flats are larger. Note that EPC data is not available for all properties in Redditch.

89 RANGEWORTHY CLOSE: Plot

89 RANGEWORTHY CLOSE sits on a plot of roughly 0.041 of an acre, or 166m².

Where is 89 RANGEWORTHY CLOSE?

89 RANGEWORTHY CLOSE is located in REDDITCH, in the B97 postcode district.