£65,576
This estimated value is based upon the latest sale price for the house of £62,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £62,000 | 21 Dec 2021 |
| £82,500 | 8 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2021 the House Price Index for REDCAR AND CLEVELAND was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £62,000 results in an estimated price of approximately £65,576.
| 21 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £62,000 | £3,576 | £65,576 |
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 | -10.645 % | £-6,599 | £55,400 |
| 3 Month Average | 14.964 % | £9,277 | £71,277 |
| 6 Month Average | 6.467 % | £4,009 | £66,009 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Aug 2020.
The average size of a house on UNION STREET is 87 sq meters (938 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Union Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Northgate |
| Mar 2024 | Anti-social behaviour | On or near Northgate | |
| Feb 2024 | Anti-social behaviour | On or near Northgate | |
| Feb 2024 | Anti-social behaviour | On or near Northgate |