£176,888
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Mar 2015. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2015 the House Price Index for REDCAR AND CLEVELAND was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £120,000 results in an estimated price of approximately £176,888.
| 25 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £120,000 | £56,888 | £176,888 |
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 | 14.332 % | £17,198 | £137,198 |
| 3 Month Average | 5.891 % | £7,069 | £127,069 |
| 6 Month Average | 14.846 % | £17,815 | £137,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £163,927 | £161,500 | 45 COTSWOLD DRIVE |
| 12 Sep 2023 | £167,137 | £165,000 | 3 ST HILDAS COURT |
| 29 Aug 2023 | £173,518 | £172,000 | 29 HAMBLETON AVENUE |
| 30 Jun 2023 | £174,615 | £172,500 | 4 ST HILDAS COURT |
| 30 Jan 2023 | £195,081 | £196,000 | 32 FALMOUTH CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 7 Jan 2015. Using an estimated price of £176,888 means this house is valued at £1,881 per sq meter (£174 per sq foot).
The average size of a house on ROSEBERRY ROAD is 86 sq meters (934 sq feet).