£194,175
This estimated value is based upon the latest sale price for the house of £150,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £150,000 | 2 Dec 2016 |
| £123,000 | 28 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2016 the House Price Index for REDCAR AND CLEVELAND was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £150,000 results in an estimated price of approximately £194,175.
| 2 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £150,000 | £44,175 | £194,175 |
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 | 66.432 % | £99,648 | £249,648 |
| 3 Month Average | 40.297 % | £60,444 | £210,444 |
| 6 Month Average | 26.575 % | £39,862 | £189,862 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 4 Apr 2012.
The average size of a house on SLAPEWATH COTTAGES is 178 sq meters (1,925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |