£263,193
This estimated value is based upon the latest sale price for the house of £211,500 on 19 Feb 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Hurst Park
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| Price Paid | Date |
|---|---|
| £211,500 | 19 Feb 2019 |
| £218,000 | 17 Jul 2015 |
| Detached |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 February 2019 the House Price Index for REDCAR AND CLEVELAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £211,500 results in an estimated price of approximately £263,193.
| 19 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £211,500 | £51,693 | £263,193 |
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 | 25.665 % | £54,280 | £265,780 |
| 3 Month Average | 2.572 % | £5,439 | £216,939 |
| 6 Month Average | 10.373 % | £21,938 | £233,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £185,706 | £180,000 | 15 HURST PARK |
| 16 Oct 2023 | £196,974 | £192,500 | 2 GOODWOOD ROAD |
| 26 Jun 2023 | £107,147 | £105,000 | 93 REDCAR LANE |
| 6 Apr 2023 | £226,231 | £222,000 | 1 GOODWOOD ROAD |
| 11 Feb 2022 | £168,980 | £159,950 | 18 WILLIAM TURNER ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 17 Oct 2018. Using an estimated price of £263,193 means this house is valued at £2,249 per sq meter (£208 per sq foot).
The average size of a house on REDCAR LANE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Awaiting court outcome | On or near Hurst Park |
| May 2024 | Anti-social behaviour | On or near College Gardens | |
| May 2024 | Anti-social behaviour | On or near College Gardens | |
| May 2024 | Anti-social behaviour | On or near College Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Turners Mill |