£112,029
This estimated value is based upon the latest sale price for the house of £65,000 on 30 Nov 2011. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £65,000 | 30 Nov 2011 |
| £55,950 | 16 May 2003 |
| £36,000 | 14 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 855 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 November 2011 the House Price Index for REDCAR AND CLEVELAND was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £65,000 results in an estimated price of approximately £112,029.
| 30 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £65,000 | £47,029 | £112,029 |
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 | 1.881 % | £1,222 | £66,222 |
| 3 Month Average | -8.996 % | £-5,847 | £59,152 |
| 6 Month Average | 17.515 % | £11,385 | £76,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £91,603 | £90,000 | 10 FLORA STREET |
| 30 Jan 2023 | £107,494 | £108,000 | 67 WESTMINSTER CLOSE |
| 30 Sep 2022 | £259,901 | £262,000 | 20 CHURCH LANE |
| 30 Jun 2022 | £187,652 | £185,000 | 73 WESTMINSTER CLOSE |
| 17 Jun 2022 | £101,433 | £100,000 | 58 CHURCH LANE |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 13 Sep 2011. Using an estimated price of £112,029 means this house is valued at £1,409 per sq meter (£130 per sq foot).
The average size of a house on FLORA STREET is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flora Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Road |
| Feb 2024 | Burglary | Under investigation | On or near Albert Road |
| Mar 2024 | Anti-social behaviour | On or near Church Lane | |
| Mar 2024 | Anti-social behaviour | On or near Church Lane |