£140,593
This estimated value is based upon the latest sale price for the house of £122,995 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£122,995 | 11 Dec 2020 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 2020 the House Price Index for REDCAR AND CLEVELAND was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £122,995 results in an estimated price of approximately £140,593.
11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £122,995 | £17,598 | £140,593 |
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 | 9.425 % | £11,592 | £134,587 |
3 Month Average | 6.311 % | £7,761 | £130,756 |
6 Month Average | 5.297 % | £6,514 | £129,509 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £271,652 | £270,000 | 19 WARWICK ROAD |
16 Jun 2023 | £151,226 | £150,000 | 14 RYEHILLS CLOSE |
14 Jun 2023 | £201,635 | £200,000 | 1 WINDSOR ROAD |
28 Apr 2023 | £151,123 | £150,000 | 17 RYEHILLS CLOSE |
21 Apr 2023 | £201,498 | £200,000 | 25 CONWAY ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Dec 2020. Using an estimated price of £140,593 means this house is valued at £2,343 per sq meter (£217 per sq foot).
The average size of a house on RYEHILLS CLOSE is 75 sq meters (817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Conway Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Conway Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |
Jan 2024 | Burglary | Awaiting court outcome | On or near Windsor Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Lane |