£74,091
This estimated value is based upon the latest sale price for the house of £60,000 on 28 Sep 2018. 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 Meadow Close
More crime details
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| Price Paid | Date |
|---|---|
| £60,000 | 28 Sep 2018 |
| £76,500 | 19 Aug 2005 |
| £30,500 | 22 Nov 1996 |
| Terraced |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 September 2018 the House Price Index for REDCAR AND CLEVELAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £60,000 results in an estimated price of approximately £74,091.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £60,000 | £14,091 | £74,091 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 1.509 % | £905 | £60,905 |
| 3 Month Average | 40.646 % | £24,387 | £84,387 |
| 6 Month Average | 32.432 % | £19,459 | £79,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £167,480 | £165,000 | 15 CARMEL GARDENS |
| 3 Nov 2023 | £50,751 | £50,000 | 53 CLEVELAND STREET |
| 29 Sep 2023 | £151,943 | £150,000 | 14 CARMEL GARDENS |
| 29 Aug 2023 | £130,138 | £129,000 | 4 CLEVELAND STREET |
| 21 Aug 2023 | £193,190 | £191,500 | 9 CARMEL GARDENS |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 7 Oct 2016. Using an estimated price of £74,092 means this house is valued at £2,058 per sq meter (£191 per sq foot).
The average size of a house on CLEVELAND STREET is 46 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Meadow Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Place |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Grosvenor Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cross Street |