£161,932
This estimated value is based upon the latest sale price for the house of £132,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Craigearn Road
More crime details
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| Price Paid | Date |
|---|---|
| £132,000 | 20 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2019 the House Price Index for REDCAR AND CLEVELAND was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £132,000 results in an estimated price of approximately £161,932.
| 20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £132,000 | £29,932 | £161,932 |
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 | -25.625 % | £-33,825 | £98,174 |
| 3 Month Average | -20.254 % | £-26,735 | £105,264 |
| 6 Month Average | 5.974 % | £7,885 | £139,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £97,856 | £97,000 | 46 MANOR GREEN |
| 2 Jun 2023 | £273,311 | £270,000 | 445 NORMANBY ROAD |
| 25 Nov 2022 | £130,914 | £132,500 | 25 KINLOCH ROAD |
| 19 Aug 2022 | £160,568 | £161,000 | 40 GRASMERE DRIVE |
| 24 Sep 2021 | £129,311 | £120,000 | 7 RAVENSWORTH AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Sep 2019. Using an estimated price of £161,933 means this house is valued at £1,905 per sq meter (£176 per sq foot).
The average size of a house on GRASMERE DRIVE is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craigearn Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craigearn Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Craigearn Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Keswick Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Kinloch Road |