£47,191
This estimated value is based upon the latest sale price for the house of £45,000 on 23 Feb 2022. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £45,000 | 23 Feb 2022 |
| Freehold |
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 2022 the House Price Index for REDCAR AND CLEVELAND was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £45,000 results in an estimated price of approximately £47,191.
| 23 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £45,000 | £2,191 | £47,191 |
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 | 25.639 % | £11,537 | £56,537 |
| 3 Month Average | 13.046 % | £5,870 | £50,870 |
| 6 Month Average | 1.200 % | £539 | £45,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £142,493 | £140,000 | 2 MILBANK TERRACE |
| 28 Jul 2023 | £200,194 | £197,500 | 16 WEST TERRACE |
| 7 Jul 2023 | £71,462 | £70,500 | 4 NEWCOMEN GROVE |
| 14 Apr 2023 | £50,544 | £50,000 | 7 NEWCOMEN GROVE |
| 28 Mar 2023 | £14,890 | £14,750 | FLAT 3 3 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Cleveland Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Cleveland Street |
| Apr 2024 | Anti-social behaviour | On or near Cleveland Street | |
| Apr 2024 | Anti-social behaviour | On or near Cleveland Street | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Cleveland Street |