£177,800
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Nov 2017. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£140,000 | 27 Nov 2017 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 November 2017 the House Price Index for REDCAR AND CLEVELAND was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £140,000 results in an estimated price of approximately £177,800.
27 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £140,000 | £37,800 | £177,800 |
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 | 5.950 % | £8,329 | £148,329 |
3 Month Average | 6.108 % | £8,550 | £148,550 |
6 Month Average | 18.667 % | £26,134 | £166,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £159,516 | £156,000 | 100 MERSEY ROAD |
12 Sep 2023 | £168,719 | £165,000 | 3 ST HILDAS COURT |
30 Jun 2023 | £176,028 | £172,500 | 4 ST HILDAS COURT |
17 Feb 2023 | £125,841 | £125,000 | 3 CARROCK CLOSE |
26 Oct 2022 | £134,551 | £135,000 | 6 THE MEADOWS |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 15 Jun 2017. Using an estimated price of £177,800 means this house is valued at £1,631 per sq meter (£151 per sq foot).
The average size of a house on MERSEY ROAD is 99 sq meters (1,067 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Rossett Way | |
Jun 2024 | Anti-social behaviour | On or near Rossett Way | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossett Way |
Jul 2024 | Anti-social behaviour | On or near St Hildas Court | |
Jul 2024 | Anti-social behaviour | On or near St Hildas Court |