£74,750
This estimated value is based upon the latest sale price for the house of £60,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £60,000 | 5 Apr 2019 |
| £60,000 | 27 Nov 2017 |
| Flats/Maisonettes |
| Leasehold |
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 April 2019 the House Price Index for REDCAR AND CLEVELAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £60,000 results in an estimated price of approximately £74,750.
| 5 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £60,000 | £14,750 | £74,750 |
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 | 9.213 % | £5,527 | £65,527 |
| 3 Month Average | 12.051 % | £7,230 | £67,230 |
| 6 Month Average | 20.885 % | £12,531 | £72,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £144,438 | £140,000 | 2 MILBANK TERRACE |
| 27 Oct 2023 | £40,418 | £39,500 | 18A WESTBOURNE GROVE |
| 20 Oct 2023 | £86,975 | £85,000 | 14 COATHAM ROAD |
| 20 Sep 2023 | £54,195 | £53,000 | 8 INGLEBY COURT STATION ROAD |
| 10 Aug 2023 | £916,531 | £900,000 | 2 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milbank Terrace |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Milbank Terrace |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Milbank Terrace |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Milbank Terrace |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Milbank Terrace |