31, Mercot Close, B98 7YX
31 Mercot Close is a 74 m² semi-detached home in Redditch. It sold for £280,000 in Jun 2024.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Jun 2024 £280,000 Freehold 4.5% 0.2% Jun 2019 £225,000 Leasehold 46574.3% 45898.5% Nov 2018 £4,450 * Freehold -28.5% -30.0% Oct 2007 £180,500 Leasehold 11.8% 9.7% Aug 2000 £81,500 Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 74 square metres (797 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £3,783 per square metre (£351 per square foot) in Jun 2024. Indexed forward to today's value, this is roughly £4,323 per square metre (£402 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Jun 2024 £280,000 £3,784 £319,891 £4,323 Jun 2019 £225,000 £3,041 £307,874 £4,160 Nov 2018 £4,450 £60 £5,410 £73 Oct 2007 £180,500 £2,439 £350,195 £4,732 Aug 2000 £81,500 £1,101 £331,350 £4,478 Calculated using the latest EPC internal area of 74 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £319,891. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Redditch are now selling for between £2,120 and £3,300 per square metre (£196 and £306 per square foot). Based on an internal area of 74 m², this implies a valuation between £157,000 and £244,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 3
- Type
- Semi-detached
- Council tax band
- C
- Plot size
- 285 square metres (3,068 square feet) - map showing freehold boundary lines
- Summary:
- 18 April 2019 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- Semi-Detached House , has 5 habitable rooms. Estimated year built 1991 to 1995
- Area:
- 74 sqm (797 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, 150 mm loft insulation. Heating: Boiler and radiators, mains gas.