£89,566
This estimated value is based upon the latest sale price for the house of £72,500 on 30 Oct 2019. This value is then adjusted by the current Official House Price Index for CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £72,500 | 30 Oct 2019 |
| £31,000 | 27 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for CLEVELAND to estimate the market value.
When this house was purchased in October 2019 the House Price Index for CLEVELAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £72,500 results in an estimated price of approximately £89,566.
| 30 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £72,500 | £17,066 | £89,566 |
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 | 14.964 % | £10,848 | £83,348 |
| 3 Month Average | -0.023 % | £-17 | £72,482 |
| 6 Month Average | 16.623 % | £12,051 | £84,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £153,724 | £149,000 | 1 PROSPECT PLACE |
| 3 Nov 2023 | £51,302 | £50,000 | 53 CLEVELAND STREET |
| 29 Aug 2023 | £131,369 | £129,000 | 4 CLEVELAND STREET |
| 30 Jun 2023 | £127,556 | £125,000 | 6 KINDLEWOOD GARDENS |
| 5 Jun 2023 | £62,247 | £61,000 | 6 MEADOW CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 4 Aug 2014. Using an estimated price of £89,567 means this house is valued at £1,399 per sq meter (£130 per sq foot).
The average size of a house on WESTGATE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |
| Jun 2024 | Anti-social behaviour | On or near Cross Street | |
| Jun 2024 | Anti-social behaviour | On or near Cross Street | |
| Jun 2024 | Anti-social behaviour | On or near Cross Street | |
| Jun 2024 | Anti-social behaviour | On or near Cross Street |