£121,554
This estimated value is based upon the latest sale price for the house of £120,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 22 Sep 2023 |
| £85,000 | 31 Oct 2014 |
| Terraced |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2023 the House Price Index for REDCAR AND CLEVELAND was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £120,000 results in an estimated price of approximately £121,554.
| 22 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £120,000 | £1,554 | £121,554 |
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 | 46.634 % | £55,960 | £175,960 |
| 3 Month Average | 8.616 % | £10,338 | £130,338 |
| 6 Month Average | 0.543 % | £651 | £120,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £109,623 | £108,000 | 2 CHALONER HALL APARTMENTS NEW ROAD |
| 22 Sep 2023 | £121,554 | £120,000 | 3 HOLLYTREE MEWS |
| 15 Sep 2023 | £230,446 | £227,500 | 8 BECKSIDE GARDENS |
| 25 Aug 2023 | £103,405 | £102,500 | 109 WESTGATE |
| 17 Jul 2023 | £141,910 | £140,000 | 25 BECKSIDE GARDENS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 21 Aug 2021. Using an estimated price of £121,554 means this house is valued at £2,170 per sq meter (£201 per sq foot).
The average size of a house on HOLLYTREE MEWS is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Westgate |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Westgate |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Westgate |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Westgate |