£185,572
This estimated value is based upon the latest sale price for the house of £42,500 on 12 Jul 1999. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £42,500 | 12 Jul 1999 |
| Semi-Detached |
| Freehold |
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 July 1999 the House Price Index for REDCAR AND CLEVELAND was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £42,500 results in an estimated price of approximately £185,572.
| 12 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £42,500 | £143,072 | £185,572 |
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 | 144.491 % | £61,408 | £103,908 |
| 3 Month Average | 180.127 % | £76,553 | £119,053 |
| 6 Month Average | 214.780 % | £91,281 | £133,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £115,430 | £112,500 | 6 DURHAM ROAD |
| 8 Sep 2023 | £286,311 | £280,000 | 109 OAK ROAD |
| 21 Aug 2023 | £193,490 | £190,000 | 80 OAK ROAD |
| 23 Jun 2023 | £324,503 | £318,000 | 52 COAST ROAD |
| 26 Apr 2023 | £175,278 | £172,000 | 8 CHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Grove |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Grove |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ely Crescent |
| Jul 2024 | Anti-social behaviour | On or near Salisbury Grove | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Grove |