£42,155
This estimated value is based upon the latest sale price for the house of £35,000 on 20 Mar 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 |
|---|---|
| £35,000 | 20 Mar 2020 |
| £13,000 | 3 Oct 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 March 2020 the House Price Index for REDCAR AND CLEVELAND was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £35,000 results in an estimated price of approximately £42,155.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £35,000 | £7,155 | £42,155 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | -40.482 % | £-14,168 | £20,831 |
| 3 Month Average | -8.639 % | £-3,023 | £31,976 |
| 6 Month Average | 5.814 % | £2,035 | £37,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £53,944 | £53,000 | 20 CHAPEL STREET |
| 28 Nov 2023 | £121,803 | £120,000 | 22 PASTURE LANE |
| 27 Nov 2023 | £91,352 | £90,000 | 21 GRANGE ESTATE |
| 10 Jan 2023 | £53,498 | £53,750 | 1 LILAC CLOSE |
| 22 Nov 2022 | £36,557 | £37,000 | 20 GRANGE ESTATE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 16 Oct 2013. Using an estimated price of £42,155 means this house is valued at £691 per sq meter (£64 per sq foot).
The average size of a house on GRANGE ESTATE is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Grange Estate |
| Feb 2024 | Anti-social behaviour | On or near Grange Estate | |
| Feb 2024 | Anti-social behaviour | On or near Grange Estate | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Estate |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Grange Estate |