12, CRESTWOOD, REDCAR, TS10 4NN - £160,000

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.

12 CRESTWOOD is a very small detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £175,349. It was last sold for £160,000 in April 2022, which was around 31% below the average April 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

12 CRESTWOOD Sold Prices

Land registry data shows two sales for 12 CRESTWOOD 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. Both of the two 12 CRESTWOOD sales were for below 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
2022 1 APR	£160,000	£233,464	31% below HPI
1998 9 JAN	£54,000	£75,000	28% below HPI

12 CRESTWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 12 CRESTWOOD sales from January 1998 and April 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 12 CRESTWOOD be worth now?

12 CRESTWOOD might now be worth an estimated £175,349.

This is based on house price inflation of 9.6%, between April 2022 and February 2025, 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 9.6% inflationary increase is applied to the most recent sale price for 12 CRESTWOOD of £160,000 on 1st April 2022. For the value to have increased from £160,000 to £175,349 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 12 CRESTWOOD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CRESTWOOD has not materially changed since April 2022.

How Large is 12 CRESTWOOD?

12 CRESTWOOD is 61m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 12 CRESTWOOD lies on this distribution: 4% of detached houses houses are smaller than 12 CRESTWOOD, and 96% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 CRESTWOOD: Plot and Title Map

12 CRESTWOOD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 12 CRESTWOOD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 CRESTWOOD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 CRESTWOOD?

12 CRESTWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 12 on CRESTWOOD.