3, ELDERWOOD GARDENS, MIDDLESBROUGH, TS6 0GF - £145,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ELDERWOOD GARDENS is a small detached house of 90m², which could now be worth an estimated £176,772. It was last sold for £145,000 in May 2021, which was around 33% below the average May 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

3 ELDERWOOD GARDENS Sold Prices

Land registry data shows two sales for 3 ELDERWOOD GARDENS 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 3 ELDERWOOD GARDENS 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
2021 24 MAY	£145,000	£216,257	33% below HPI
2016 18 NOV	£156,703	£189,937	17% below HPI

3 ELDERWOOD GARDENS 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 3 ELDERWOOD GARDENS sales from November 2016 and May 2021 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 November 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 ELDERWOOD GARDENS be worth now?

3 ELDERWOOD GARDENS might now be worth an estimated £176,772.

This is based on house price inflation of 21.9%, between May 2021 and December 2024, 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 21.9% inflationary increase is applied to the most recent sale price for 3 ELDERWOOD GARDENS of £145,000 on 24th May 2021. For the value to have increased from £145,000 to £176,772 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 3 ELDERWOOD GARDENS has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2021 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELDERWOOD GARDENS has not materially changed since May 2021.

How Large is 3 ELDERWOOD GARDENS?

3 ELDERWOOD GARDENS is 90m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses houses in Eston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eston, and where 3 ELDERWOOD GARDENS lies on this distribution: 33% of detached houses houses are smaller than 3 ELDERWOOD GARDENS, and 65% of houses are larger. Note that EPC data is not available for all properties in Eston.

3 ELDERWOOD GARDENS: Plot and Title Map

3 ELDERWOOD GARDENS sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 ELDERWOOD GARDENS, 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 3 ELDERWOOD GARDENS). 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 3 ELDERWOOD GARDENS?

3 ELDERWOOD GARDENS is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 3 on ELDERWOOD GARDENS.