£385,987
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Mar 2008. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£245,000 | 14 Mar 2008 |
Semi-Detached |
Freehold |
Floor Area: 145 sq meters or 1,567 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 March 2008 the House Price Index for REDCAR AND CLEVELAND was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £245,000 results in an estimated price of approximately £385,987.
14 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.546 % | £245,000 | £140,987 | £385,987 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | -51.425 % | £-125,990 | £119,009 |
3 Month Average | 9.278 % | £22,731 | £267,731 |
6 Month Average | 10.986 % | £26,916 | £271,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £256,958 | £253,500 | 14 WILLOW CLOSE |
7 Jul 2023 | £243,274 | £240,000 | 87 WILTON BANK |
16 Jun 2023 | £177,146 | £175,000 | 125 WILTON BANK |
25 Aug 2022 | £284,235 | £285,000 | 12 LIVERTON WHIN |
5 Aug 2022 | £224,396 | £225,000 | 43 CHESTNUT CLOSE |
This house has a floor area of 145 sq meters or 1,567 sq feet when measured on 14 Oct 2009. Using an estimated price of £385,987 means this house is valued at £2,650 per sq meter (£246 per sq foot).
The average size of a house on WILTON BANK is 97 sq meters (1,046 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chestnut Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunnergate Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilton Bank |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Mar 2024 | Burglary | Under investigation | On or near Supermarket |