£247,835
This estimated value is based upon the latest sale price for the house of £245,000 on 13 Feb 2024. 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 | 13 Feb 2024 |
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 February 2024 the House Price Index for REDCAR AND CLEVELAND was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £245,000 results in an estimated price of approximately £247,835.
13 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.6 | 1.157 % | £245,000 | £2,835 | £247,835 |
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 | -37.883 % | £-92,812 | £152,187 |
3 Month Average | 3.187 % | £7,808 | £252,808 |
6 Month Average | 2.166 % | £5,307 | £250,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £95,217 | £94,000 | 33 FRYUP CRESCENT |
1 Sep 2023 | £66,855 | £66,000 | 19 FRYUP CRESCENT |
11 Aug 2023 | £116,015 | £115,000 | 118 ALDENHAM ROAD |
3 Feb 2023 | £249,832 | £250,000 | 58 ALDENHAM ROAD |
18 Jan 2023 | £393,148 | £395,000 | 136 ALDENHAM ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Aldenham Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whorlton Close |
Mar 2024 | Burglary | Under investigation | On or near Roxby Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lealholm Way |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Badsworth Close |