£166,814
This estimated value is based upon the latest sale price for the house of £91,000 on 5 Aug 2005. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £91,000 | 5 Aug 2005 |
| £65,000 | 10 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 August 2005 the House Price Index for REDCAR AND CLEVELAND was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £91,000 results in an estimated price of approximately £166,814.
| 5 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £91,000 | £75,814 | £166,814 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 43.552 % | £39,632 | £130,632 |
| 3 Month Average | 20.653 % | £18,793 | £109,793 |
| 6 Month Average | 17.634 % | £16,046 | £107,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £135,183 | £134,000 | 50 TEES ROAD |
| 28 Jul 2023 | £116,569 | £115,000 | 4 ST JOSEPHS COURT |
| 2 Jun 2023 | £161,962 | £160,000 | 40 TEES ROAD |
| 16 Feb 2023 | £219,852 | £220,000 | 139 THAMES ROAD |
| 25 Jan 2023 | £109,484 | £110,000 | 5 TEES ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 17 Jul 2013. Using an estimated price of £166,815 means this house is valued at £1,273 per sq meter (£118 per sq foot).
The average size of a house on TEES ROAD is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Tees Road | |
| Jan 2024 | Vehicle crime | Suspect charged as part of another case | On or near Tees Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Josephs Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Josephs Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tyne Road |