£334,400
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Oct 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£300,000 | 5 Oct 2021 |
£271,995 | 30 Nov 2018 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 October 2021 the House Price Index for REDCAR AND CLEVELAND was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £300,000 results in an estimated price of approximately £334,400.
5 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £300,000 | £34,400 | £334,400 |
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 | 4.163 % | £12,489 | £312,489 |
3 Month Average | -14.805 % | £-44,415 | £255,584 |
6 Month Average | 3.184 % | £9,552 | £309,552 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £330,900 | £322,500 | 117 FARNDALE DRIVE |
29 Sep 2023 | £161,561 | £158,000 | 70 GLAISDALE ROAD |
22 Sep 2023 | £373,227 | £365,000 | 7 LOCKTON CLOSE |
20 Feb 2023 | £362,421 | £360,000 | 27 CRINGLE GARDENS |
15 Jun 2022 | £73,317 | £71,750 | 44 GLAISDALE ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 26 Nov 2018. Using an estimated price of £334,401 means this house is valued at £2,933 per sq meter (£272 per sq foot).
The average size of a house on LOCKTON CLOSE is 119 sq meters (1,284 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Under investigation | On or near Bransdale |
Jun 2024 | Drugs | Under investigation | On or near Bransdale |
Jun 2024 | Anti-social behaviour | On or near Bilsdale Gardens | |
Jun 2024 | Anti-social behaviour | On or near Bilsdale Gardens | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bilsdale Gardens |