£304,790
This estimated value is based upon the latest sale price for the house of £202,500 on 2 Sep 2014. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £202,500 | 2 Sep 2014 |
| £159,500 | 13 Nov 2007 |
| £145,000 | 8 Dec 2006 |
| Detached |
| Freehold |
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 2014 the House Price Index for REDCAR AND CLEVELAND was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £202,500 results in an estimated price of approximately £304,790.
| 2 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £202,500 | £102,290 | £304,790 |
The Postcode Pricing Model uses changes in average sales price within the TS7 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 | 136.918 % | £277,259 | £479,759 |
| 3 Month Average | 16.946 % | £34,315 | £236,815 |
| 6 Month Average | 18.995 % | £38,464 | £240,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £382,000 | £382,000 | 10 BRECKON CLOSE |
| 22 Nov 2023 | £385,710 | £380,000 | 23 HILLCREST DRIVE |
| 1 Nov 2023 | £187,780 | £185,000 | 5 ROTHESAY GROVE |
| 30 Aug 2023 | £188,650 | £187,000 | 11 BEADLAM AVENUE |
| 11 Aug 2023 | £322,824 | £320,000 | 80 GYPSY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upsall Carrs |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upsall Carrs |
| Mar 2024 | Anti-social behaviour | On or near Southlands Drive | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southlands Drive |