£166,425
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Aug 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 30 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,023 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 August 2016 the House Price Index for REDCAR AND CLEVELAND was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £125,000 results in an estimated price of approximately £166,425.
| 30 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £125,000 | £41,425 | £166,425 |
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 | 67.285 % | £84,106 | £209,106 |
| 3 Month Average | 50.392 % | £62,990 | £187,990 |
| 6 Month Average | 18.044 % | £22,555 | £147,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £80,000 | £80,000 | 30 THOMSON STREET |
| 30 Jun 2023 | £126,533 | £125,000 | 6 KINDLEWOOD GARDENS |
| 1 Jun 2023 | £101,226 | £100,000 | 36 GROSVENOR PLACE |
| 20 Jan 2023 | £74,648 | £75,000 | 17 THOMSON STREET |
| 9 Sep 2022 | £94,239 | £95,000 | 4 THOMSON STREET |
This house has a floor area of 95 sq meters or 1,023 sq feet when measured on 12 Jul 2010. Using an estimated price of £166,426 means this house is valued at £1,750 per sq meter (£162 per sq foot).
The average size of a house on WESTGATE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near South Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Street |
| Mar 2024 | Anti-social behaviour | On or near South Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Mar 2024 | Other theft | Under investigation | On or near South Street |