£326,099
This estimated value is based upon the latest sale price for the house of £265,000 on 22 Aug 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 |
|---|---|
| £265,000 | 22 Aug 2019 |
| £255,000 | 31 Aug 2016 |
| £225,000 | 25 Mar 2014 |
| £225,000 | 20 Dec 2011 |
| £127,500 | 27 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,360 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 August 2019 the House Price Index for REDCAR AND CLEVELAND was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £265,000 results in an estimated price of approximately £326,099.
| 22 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £265,000 | £61,099 | £326,099 |
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 | 7.478 % | £19,815 | £284,815 |
| 3 Month Average | 28.080 % | £74,411 | £339,411 |
| 6 Month Average | 19.426 % | £51,479 | £316,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £383,354 | £380,000 | 31 ALLERSTON WAY |
| 21 Jan 2022 | £252,578 | £240,000 | 25 HOVINGHAM DRIVE |
| 28 Oct 2021 | £376,203 | £340,000 | 45 ALLERSTON WAY |
| 17 Dec 2020 | £430,393 | £375,000 | 11 ALLERSTON WAY |
| 29 May 2020 | £342,491 | £280,000 | 9 WOODALE CLOSE |
This house has a floor area of 126 sq meters or 1,360 sq feet when measured on 1 Aug 2009. Using an estimated price of £326,100 means this house is valued at £2,579 per sq meter (£239 per sq foot).
The average size of a house on ALLERSTON WAY is 136 sq meters (1,466 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Edston Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Brompton Avenue |
| Feb 2024 | Anti-social behaviour | On or near Morrison Road | |
| Feb 2024 | Anti-social behaviour | On or near Morrison Road |