8, ELWICK CLOSE, REDCAR, TS10 2UG - £248,000

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.

8 ELWICK CLOSE is a detached house, which could now be worth an estimated £367,000. It was last sold for £248,000 in April 2013, which was around 41% above the average April 2013 detached price in the Redcar and Cleveland local authority area.

8 ELWICK CLOSE Sold Prices

Land registry data shows three sales for 8 ELWICK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 8 ELWICK CLOSE 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 5 APR	£248,000	£175,598	41% above HPI
2005 10 NOV	£240,000	£179,526	34% above HPI
2005 28 JAN	£230,000	£159,386	44% above HPI

What might 8 ELWICK CLOSE be worth now?

8 ELWICK CLOSE might now be worth an estimated £367,000.

This is based on house price inflation of 48%, between April 2013 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 48% inflationary increase is applied to the most recent sale price for 8 ELWICK CLOSE of £248,000 on 5th April 2013. For the value to have increased from £248,000 to £367,000 over the twelve years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 ELWICK CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2013 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELWICK CLOSE has not materially changed since April 2013.

Where is 8 ELWICK CLOSE?

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