£322,880
This estimated value is based upon the latest sale price for the house of £90,000 on 26 Jan 2001. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£90,000 | 26 Jan 2001 |
£82,000 | 30 Oct 1998 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 2001 the House Price Index for REDCAR AND CLEVELAND was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £90,000 results in an estimated price of approximately £322,880.
26 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.7 | 149.7 | 258.756 % | £90,000 | £232,880 | £322,880 |
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 | 187.668 % | £168,901 | £258,901 |
3 Month Average | 152.621 % | £137,359 | £227,359 |
6 Month Average | 181.009 % | £162,908 | £252,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £269,867 | £265,000 | 3 LOWCROSS AVENUE |
12 Jun 2023 | £183,681 | £180,000 | 8 ROWLAND KELD |
2 Jun 2023 | £204,600 | £200,500 | 9 THWENG WAY |
16 Mar 2023 | £262,382 | £258,000 | 16 THWENG WAY |
25 Aug 2022 | £301,409 | £300,000 | 12 MORTON CLOSE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 22 Dec 2014. Using an estimated price of £322,881 means this house is valued at £2,306 per sq meter (£214 per sq foot).
The average size of a house on ROWLAND KELD is 164 sq meters (1,773 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowland Keld |
May 2024 | Burglary | Unable to prosecute suspect | On or near Lowcross Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowcross Avenue |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near The Grove |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near St Leonards Road |