2, HERNE CLOSE, REDCAR, TS10 2TF - £90,495

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.

2 HERNE CLOSE is a detached house, which could now be worth an estimated £277,774. It was last sold for £90,495 in May 2001, which was around 7% above the average May 2001 detached price in the Redcar and Cleveland local authority area.

2 HERNE CLOSE Sold Prices

Land registry data shows one sale for 2 HERNE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 25 MAY	£90,495	£84,658	7% above HPI

What might 2 HERNE CLOSE be worth now?

2 HERNE CLOSE might now be worth an estimated £277,774.

This is based on house price inflation of 206.9%, between May 2001 and May 2026, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 206.9% inflationary increase is applied to the most recent sale price for 2 HERNE CLOSE of £90,495 on 25th May 2001. For the value to have increased from £90,495 to £277,774 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 2 HERNE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2001 sale price of £90,495 represented a fair market value for the property.
• The size, condition, and specification of 2 HERNE CLOSE has not materially changed since May 2001.

Where is 2 HERNE CLOSE?

2 HERNE CLOSE is located in REDCAR, in the TS10 postcode district.