£342,819
This estimated value is based upon the latest sale price for the house of £219,250 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£219,250 | 14 Dec 2007 |
Detached |
Freehold |
Floor Area: 79 sq meters or 854 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 December 2007 the House Price Index for REDCAR AND CLEVELAND was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £219,250 results in an estimated price of approximately £342,819.
14 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £219,250 | £123,569 | £342,819 |
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 | 2.634 % | £5,773 | £225,023 |
3 Month Average | 3.466 % | £7,600 | £226,850 |
6 Month Average | 13.767 % | £30,184 | £249,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £123,804 | £120,000 | 12 FIR GROVE |
1 Dec 2023 | £252,767 | £245,000 | 3 SOUTHWOLD CLOSE |
21 Jul 2022 | £202,024 | £200,000 | 5 LOWESTOFT WAY |
17 Sep 2021 | £157,408 | £145,000 | 1 FIR GROVE |
3 Sep 2021 | £208,972 | £192,500 | 8 LOWESTOFT WAY |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 2 Oct 2008. Using an estimated price of £342,820 means this house is valued at £4,318 per sq meter (£401 per sq foot).
The average size of a house on EXMOUTH CLOSE is 119 sq meters (1,281 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Lowestoft Way | |
Jun 2024 | Anti-social behaviour | On or near Lowestoft Way | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowestoft Way |
May 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Lowestoft Way |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowestoft Way |