£118,808
This estimated value is based upon the latest sale price for the house of £97,500 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £97,500 | 28 Feb 2020 |
| £90,000 | 17 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for REDCAR AND CLEVELAND was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £97,500 results in an estimated price of approximately £118,808.
| 28 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £97,500 | £21,308 | £118,808 |
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 | 46.010 % | £44,859 | £142,359 |
| 3 Month Average | 17.470 % | £17,032 | £114,532 |
| 6 Month Average | 13.645 % | £13,303 | £110,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £109,405 | £108,000 | 38 SYCAMORE ROAD |
| 17 Aug 2023 | £70,428 | £70,000 | 164 LABURNUM ROAD |
| 19 Jul 2023 | £136,289 | £135,000 | 83 LABURNUM ROAD |
| 2 Jun 2023 | £277,248 | £275,000 | 121 INGS ROAD |
| 27 Apr 2023 | £156,161 | £155,000 | 115 INGS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 May 2016. Using an estimated price of £118,809 means this house is valued at £1,485 per sq meter (£137 per sq foot).
The average size of a house on LABURNUM ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Awaiting court outcome | On or near Lilac Grove |
| Apr 2024 | Other crime | Under investigation | On or near Lilac Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lilac Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Road |