7, MONKTON RISE, GUISBOROUGH, TS14 6GF - £275,000

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.

7 MONKTON RISE is a large detached house of 139m², built sometime between 2003 and 2006, which could now be worth an estimated £382,162. It was last sold for £275,000 in August 2015, which was around 49% above the average August 2015 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

7 MONKTON RISE Sold Prices

Land registry data shows three sales for 7 MONKTON RISE 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 7 MONKTON RISE 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
2015 14 AUG	£275,000	£184,115	49% above HPI
2013 27 MAR	£275,000	£177,103	55% above HPI
2004 23 APR	£229,000	£141,161	62% above HPI

7 MONKTON RISE 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 three 7 MONKTON RISE sales between April 2004 and August 2015 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 March 2013 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the August 2015 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 MONKTON RISE be worth now?

7 MONKTON RISE might now be worth an estimated £382,162.

This is based on house price inflation of 39%, between August 2015 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 39% inflationary increase is applied to the most recent sale price for 7 MONKTON RISE of £275,000 on 14th August 2015. For the value to have increased from £275,000 to £382,162 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 7 MONKTON RISE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MONKTON RISE has not materially changed since August 2015.

How Large is 7 MONKTON RISE?

7 MONKTON RISE is 139m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guisborough, and where 7 MONKTON RISE lies on this distribution: 76% of detached houses houses are smaller than 7 MONKTON RISE, and 24% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

7 MONKTON RISE: Plot and Title Map

7 MONKTON RISE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 7 MONKTON RISE, 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 7 MONKTON RISE). 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 7 MONKTON RISE?

7 MONKTON RISE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 7 on MONKTON RISE.