2, ELDER GROVE, REDCAR, TS10 2SR - £247,500

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 ELDER GROVE is a detached house, which could now be worth an estimated £378,218. It was last sold for £247,500 in May 2013, which was around 45% above the average May 2013 detached price in the Redcar and Cleveland local authority area.

2 ELDER GROVE Sold Prices

Land registry data shows four sales for 2 ELDER GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 2 ELDER GROVE sales were 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
2013 3 MAY	£247,500	£170,458	45% above HPI
2007 12 OCT	£260,000	£201,850	29% above HPI
2004 20 AUG	£217,500	£158,739	37% above HPI
2002 28 MAR	£148,000	£88,484	67% above HPI

What might 2 ELDER GROVE be worth now?

2 ELDER GROVE might now be worth an estimated £378,218.

This is based on house price inflation of 52.8%, between May 2013 and April 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 52.8% inflationary increase is applied to the most recent sale price for 2 ELDER GROVE of £247,500 on 3rd May 2013. For the value to have increased from £247,500 to £378,218 over the thirteen years and one month to April 2026, the following assumptions must hold true:

• The value of 2 ELDER GROVE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2013 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ELDER GROVE has not materially changed since May 2013.

Where is 2 ELDER GROVE?

2 ELDER GROVE is located in REDCAR, in the TS10 postcode district.