1, ELWICK CLOSE, REDCAR, TS10 2UG - £229,000

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.

1 ELWICK CLOSE is a detached house, which could now be worth an estimated £352,968. It was last sold for £229,000 in May 2005, which was around 36% above the average May 2005 detached price in the Redcar and Cleveland local authority area.

1 ELWICK CLOSE Sold Prices

Land registry data shows one sale for 1 ELWICK 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
2005 27 MAY	£229,000	£168,591	36% above HPI

What might 1 ELWICK CLOSE be worth now?

1 ELWICK CLOSE might now be worth an estimated £352,968.

This is based on house price inflation of 54.1%, between May 2005 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 54.1% inflationary increase is applied to the most recent sale price for 1 ELWICK CLOSE of £229,000 on 27th May 2005. For the value to have increased from £229,000 to £352,968 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 1 ELWICK CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2005 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELWICK CLOSE has not materially changed since May 2005.

Where is 1 ELWICK CLOSE?

1 ELWICK CLOSE is located in REDCAR, in the TS10 postcode district.