£148,422
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Sep 2020. 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 | 25 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2020 the House Price Index for REDCAR AND CLEVELAND was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £125,000 results in an estimated price of approximately £148,422.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £125,000 | £23,422 | £148,422 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | -30.007 % | £-37,509 | £87,491 |
| 3 Month Average | -22.187 % | £-27,733 | £97,266 |
| 6 Month Average | 16.793 % | £20,991 | £145,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £97,856 | £97,000 | 46 MANOR GREEN |
| 25 Nov 2022 | £130,914 | £132,500 | 25 KINLOCH ROAD |
| 19 Aug 2022 | £160,568 | £161,000 | 40 GRASMERE DRIVE |
| 17 Nov 2021 | £146,004 | £135,000 | 53 KINLOCH ROAD |
| 30 Sep 2021 | £156,251 | £145,000 | 26 BLANTYRE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Aug 2020. Using an estimated price of £148,423 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on KINLOCH ROAD is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Kinloch Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Blantyre Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craigearn Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craigearn Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Craigearn Road |