£273,042
This estimated value is based upon the latest sale price for the house of £221,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£221,000 | 28 Jun 2019 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 sq feet |
This model uses changes in the Official Land Registry House Price Index for REDCAR AND CLEVELAND to estimate the market value.
When this house was purchased in June 2019 the House Price Index for REDCAR AND CLEVELAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £221,000 results in an estimated price of approximately £273,042.
28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £221,000 | £52,042 | £273,042 |
The Postcode Pricing Model uses changes in average sales price within the TS14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 39.594 % | £87,501 | £308,501 |
3 Month Average | 28.640 % | £63,293 | £284,293 |
6 Month Average | 49.611 % | £109,639 | £330,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £218,829 | £215,000 | 20 LINNET CLOSE |
15 Jul 2022 | £180,486 | £180,000 | 7 FIELDFARE GARDENS |
6 Jul 2022 | £245,661 | £245,000 | 32 NIGHTINGALE ROAD |
22 Sep 2021 | £129,311 | £120,000 | 2 SWALLOW CLOSE |
22 Jul 2021 | £252,838 | £220,000 | 17 CROSSBILL CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Nov 2018. Using an estimated price of £273,043 means this house is valued at £2,551 per sq meter (£237 per sq foot).
The average size of a house on FIELDFARE GARDENS is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Road |
Feb 2024 | Other theft | Under investigation | On or near Nightingale Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brambling Drive |
Apr 2024 | Anti-social behaviour | On or near Fieldfare Gardens | |
Apr 2024 | Anti-social behaviour | On or near Fieldfare Gardens |