7, SHIPHAM CLOSE, REDCAR, TS10 2RT - £75,500

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.

7 SHIPHAM CLOSE is a detached house, which could now be worth an estimated £219,458. It was last sold for £75,500 in August 2001, which was around 16% below the average August 2001 detached price in the Redcar and Cleveland local authority area.

7 SHIPHAM CLOSE Sold Prices

Land registry data shows two sales for 7 SHIPHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. One of the two 7 SHIPHAM CLOSE sales was for below the average price, whilst the other 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
2001 29 AUG	£75,500	£89,615	16% below HPI
1997 7 NOV	£110,500	£75,119	47% above HPI

What might 7 SHIPHAM CLOSE be worth now?

7 SHIPHAM CLOSE might now be worth an estimated £219,458.

This is based on house price inflation of 190.7%, between August 2001 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 190.7% inflationary increase is applied to the most recent sale price for 7 SHIPHAM CLOSE of £75,500 on 29th August 2001. For the value to have increased from £75,500 to £219,458 over the 25 years and four months to April 2026, the following assumptions must hold true:

• The value of 7 SHIPHAM CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2001 sale price of £75,500 represented a fair market value for the property.
• The size, condition, and specification of 7 SHIPHAM CLOSE has not materially changed since August 2001.

Where is 7 SHIPHAM CLOSE?

7 SHIPHAM CLOSE is located in REDCAR, in the TS10 postcode district.