£78,548
This estimated value is based upon the latest sale price for the house of £45,000 on 12 May 2006. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£45,000 | 12 May 2006 |
£16,000 | 30 Mar 1998 |
Terraced |
Leasehold |
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 May 2006 the House Price Index for REDCAR AND CLEVELAND was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £45,000 results in an estimated price of approximately £78,548.
12 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.552 % | £45,000 | £33,548 | £78,548 |
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 | 42.280 % | £19,026 | £64,026 |
3 Month Average | 24.417 % | £10,987 | £55,987 |
6 Month Average | 27.520 % | £12,384 | £57,384 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £147,179 | £145,000 | 27 CONIFER CLOSE |
4 Aug 2023 | £161,412 | £160,000 | 21 BIRCHTREE CLOSE |
22 Jun 2023 | £136,655 | £135,000 | 17 BIRCHWOOD GROVE |
17 Mar 2023 | £50,476 | £50,000 | 21 HORNBEAM CLOSE |
31 Aug 2022 | £99,732 | £100,000 | 19 BIRCHTREE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crossbeck Way |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birch Tree Close |
Feb 2024 | Anti-social behaviour | On or near Springlea | |
Feb 2024 | Anti-social behaviour | On or near Springlea | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorbeck Way |