£74,750
This estimated value is based upon the latest sale price for the house of £60,000 on 26 Apr 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 |
|---|---|
| £60,000 | 26 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 649 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 April 2019 the House Price Index for REDCAR AND CLEVELAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £60,000 results in an estimated price of approximately £74,750.
| 26 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £60,000 | £14,750 | £74,750 |
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 | 25.389 % | £15,233 | £75,233 |
| 3 Month Average | 16.715 % | £10,029 | £70,029 |
| 6 Month Average | 17.510 % | £10,506 | £70,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £102,605 | £100,000 | 4 AUCKLAND STREET |
| 21 Nov 2023 | £112,865 | £110,000 | 7 UNION STREET |
| 9 Jun 2023 | £163,272 | £160,000 | 11 REDCAR ROAD |
| 28 Mar 2023 | £102,715 | £101,000 | 7 REDCAR ROAD |
| 16 Nov 2022 | £174,186 | £175,000 | 83 REDCAR ROAD |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 2 Nov 2011. Using an estimated price of £74,750 means this house is valued at £1,239 per sq meter (£115 per sq foot).
There is one other house on the street which we know the size of, this is 5 WALKERS ROW it is 85.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Road |
| Apr 2024 | Anti-social behaviour | On or near Redcar Road | |
| Apr 2024 | Anti-social behaviour | On or near Redcar Road | |
| Apr 2024 | Anti-social behaviour | On or near Redcar Road | |
| Apr 2024 | Anti-social behaviour | On or near Redcar Road |