£281,038
This estimated value is based upon the latest sale price for the house of £49,500 on 5 Feb 1996. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£49,500 | 5 Feb 1996 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 February 1996 the House Price Index for REDCAR AND CLEVELAND was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £49,500 results in an estimated price of approximately £281,038.
5 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.755 % | £49,500 | £231,538 | £281,038 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 327.768 % | £162,245 | £211,745 |
3 Month Average | 285.171 % | £141,159 | £190,659 |
6 Month Average | 276.536 % | £136,885 | £186,385 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £241,307 | £237,600 | 7 EDEN STREET |
8 Mar 2024 | £91,404 | £90,000 | 17 WINDSOR ROAD |
23 Oct 2023 | £204,648 | £200,000 | 16 WINDSOR ROAD |
28 Sep 2023 | £460,143 | £450,000 | LAURIESTON LEVEN STREET |
31 Aug 2023 | £290,235 | £285,000 | 14 BATH STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 24 Sep 2015. Using an estimated price of £281,039 means this house is valued at £2,531 per sq meter (£235 per sq foot).
The average size of a house on EDEN STREET is 136 sq meters (1,472 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near Windsor Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Police Station |
Jun 2024 | Anti-social behaviour | On or near Police Station | |
Jun 2024 | Anti-social behaviour | On or near Police Station |