£163,890
This estimated value is based upon the latest sale price for the house of £111,995 on 24 Apr 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 |
---|---|
£111,995 | 24 Apr 2015 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 April 2015 the House Price Index for REDCAR AND CLEVELAND was 101.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.337%.Applying this 46.337% change to the original purchase price of £111,995 results in an estimated price of approximately £163,890.
24 Apr 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.0 | 46.337 % | £111,995 | £51,895 | £163,890 |
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 | 13.778 % | £15,430 | £127,425 |
3 Month Average | 19.002 % | £21,280 | £133,275 |
6 Month Average | 14.422 % | £16,152 | £128,147 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £185,000 | £185,000 | 61 WESTMORLAND ROAD |
25 Aug 2023 | £115,704 | £115,000 | 12 SOUTHERNDALE ROAD |
21 Jul 2023 | £156,480 | £155,000 | 100 WESTMORLAND ROAD |
14 Jul 2023 | £161,528 | £160,000 | 98 WESTMORLAND ROAD |
27 Feb 2023 | £179,650 | £180,500 | 14 KESWICK ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Apr 2015. Using an estimated price of £163,890 means this house is valued at £2,101 per sq meter (£195 per sq foot).
The average size of a house on WESTMORLAND ROAD is 79 sq meters (853 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Westmorland Road |
Jan 2024 | Drugs | Awaiting court outcome | On or near Westmorland Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmorland Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Dorset Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Dorset Close |