£323,507
This estimated value is based upon the latest sale price for the house of £259,950 on 7 Jan 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 |
---|---|
£259,950 | 7 Jan 2019 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 January 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 24.450%.Applying this 24.450% change to the original purchase price of £259,950 results in an estimated price of approximately £323,507.
7 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £259,950 | £63,557 | £323,507 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 92.074 % | £239,346 | £499,296 |
3 Month Average | 56.034 % | £145,660 | £405,610 |
6 Month Average | 43.075 % | £111,972 | £371,922 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £224,954 | £223,000 | 17 CORNGRAVE ROAD |
25 Nov 2022 | £373,255 | £375,000 | 18 CORBYDELL ROAD |
17 Aug 2022 | £236,104 | £235,000 | 26 CORBYDELL ROAD |
3 Mar 2022 | £386,255 | £370,000 | 39 CORBYDELL ROAD |
3 Mar 2022 | £240,105 | £230,000 | 15 CORNGRAVE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 16 Aug 2018. Using an estimated price of £323,508 means this house is valued at £2,813 per sq meter (£261 per sq foot).
The average size of a house on CORBYDELL ROAD is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Marske Road | |
May 2024 | Anti-social behaviour | On or near Marske Road | |
May 2024 | Anti-social behaviour | On or near Marske Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilton Bank |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Avenue |