£91,632
This estimated value is based upon the latest sale price for the house of £73,630 on 30 Jan 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £73,630 | 30 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2019 the House Price Index for REDCAR AND CLEVELAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £73,630 results in an estimated price of approximately £91,632.
| 30 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £73,630 | £18,002 | £91,632 |
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 | -9.009 % | £-6,633 | £66,996 |
| 3 Month Average | 4.678 % | £3,444 | £77,074 |
| 6 Month Average | 13.313 % | £9,802 | £83,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £102,389 | £101,500 | 49 COLLEGE GARDENS |
| 1 Dec 2023 | £247,609 | £240,000 | 19 COCHRANE GARDENS |
| 16 Jun 2023 | £158,170 | £155,000 | 15 COCHRANE GARDENS |
| 27 Feb 2023 | £186,244 | £185,000 | 57 COLLEGE GARDENS |
| 22 Sep 2022 | £152,398 | £152,500 | 33 COLLEGE GARDENS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Jan 2019. Using an estimated price of £91,633 means this house is valued at £1,174 per sq meter (£109 per sq foot).
The average size of a house on COCHRANE GARDENS is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near William Turner Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near William Turner Road |
| May 2024 | Anti-social behaviour | On or near William Turner Road | |
| May 2024 | Anti-social behaviour | On or near William Turner Road | |
| May 2024 | Anti-social behaviour | On or near William Turner Road |