£308,950
This estimated value is based upon the latest sale price for the house of £305,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£305,000 | 1 Sep 2023 |
£185,000 | 4 Feb 2005 |
£175,000 | 16 Jul 2004 |
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 2023 the House Price Index for REDCAR AND CLEVELAND was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £305,000 results in an estimated price of approximately £308,950.
1 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £305,000 | £3,950 | £308,950 |
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 | -18.982 % | £-57,896 | £247,103 |
3 Month Average | -5.952 % | £-18,154 | £286,845 |
6 Month Average | -5.050 % | £-15,401 | £289,598 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £345,000 | £345,000 | 84 CRANBOURNE DRIVE |
1 Sep 2023 | £308,950 | £305,000 | 4 MOORSIDE CLOSE |
30 Aug 2023 | £237,074 | £235,000 | 4 WHITEOAKS CLOSE |
6 Mar 2023 | £65,618 | £65,000 | 27 CRANBOURNE DRIVE |
22 Oct 2021 | £232,360 | £210,000 | 57 CRANBOURNE DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finchdale Close |
Apr 2024 | Anti-social behaviour | On or near Deepdene Grove | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deepdene Grove |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Deepdene Grove |
Jan 2024 | Anti-social behaviour | On or near Deepdene Grove |