£172,583
This estimated value is based upon the latest sale price for the house of £50,500 on 20 Apr 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 |
|---|---|
| £50,500 | 20 Apr 2001 |
| £47,000 | 4 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 April 2001 the House Price Index for REDCAR AND CLEVELAND was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £50,500 results in an estimated price of approximately £172,583.
| 20 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £50,500 | £122,083 | £172,583 |
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 | 125.388 % | £63,321 | £113,821 |
| 3 Month Average | 131.426 % | £66,370 | £116,870 |
| 6 Month Average | 155.818 % | £78,688 | £129,188 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Feb 2014.
The average size of a house on WELLAND ROAD is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Welland Road |
| Feb 2024 | Possession of weapons | Under investigation | On or near Welland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trent Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trent Road |
| Jan 2024 | Vehicle crime | Suspect charged as part of another case | On or near Trent Road |