£251,568
This estimated value is based upon the latest sale price for the house of £187,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £187,000 | 31 Mar 2016 |
| £84,000 | 1 Nov 1996 |
| Detached |
| Freehold |
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 March 2016 the House Price Index for REDCAR AND CLEVELAND was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £187,000 results in an estimated price of approximately £251,568.
| 31 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £187,000 | £64,568 | £251,568 |
The Postcode Pricing Model uses changes in average sales price within the TS11 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 | 46.718 % | £87,361 | £274,361 |
| 3 Month Average | 15.129 % | £28,292 | £215,292 |
| 6 Month Average | 14.263 % | £26,672 | £213,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £106,145 | £105,500 | 40 CHARTWELL CLOSE |
| 12 Apr 2023 | £146,086 | £145,000 | 28 CHARTWELL CLOSE |
| 29 Jun 2022 | £210,130 | £208,000 | 14 CHARTWELL CLOSE |
| 25 May 2022 | £218,244 | £215,000 | 40 WOODFORD CLOSE |
| 28 Jan 2022 | £159,320 | £152,000 | 81 WOODFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chartwell Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halifax Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Halifax Close |
| Mar 2024 | Anti-social behaviour | On or near Halifax Close |