£194,062
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Jun 2008. 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 | 6 Jun 2008 |
| £50,500 | 17 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2008 the House Price Index for REDCAR AND CLEVELAND was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £120,000 results in an estimated price of approximately £194,062.
| 6 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.719 % | £120,000 | £74,062 | £194,062 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 7.242 % | £8,690 | £128,690 |
| 3 Month Average | 3.370 % | £4,043 | £124,043 |
| 6 Month Average | 11.559 % | £13,871 | £133,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £250,535 | £247,500 | 62 CORPORATION ROAD |
| 19 Jul 2022 | £210,567 | £210,000 | 27 KIRKLEATHAM LANE |
| 14 Jul 2022 | £116,313 | £116,000 | 9 CORPORATION ROAD |
| 11 May 2022 | £428,066 | £420,000 | 74 CORPORATION ROAD |
| 29 Apr 2022 | £190,513 | £185,000 | 22 DERWENT ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Jun 2014. Using an estimated price of £194,062 means this house is valued at £2,086 per sq meter (£193 per sq foot).
The average size of a house on GRETA ROAD is 130 sq meters (1,405 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Severn Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Severn Road |
| Feb 2024 | Anti-social behaviour | On or near Severn Road | |
| Feb 2024 | Anti-social behaviour | On or near Severn Road |