£222,311
This estimated value is based upon the latest sale price for the house of £175,000 on 25 May 2017. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £175,000 | 25 May 2017 |
| £170,050 | 7 Nov 2008 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 985 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 May 2017 the House Price Index for REDCAR AND CLEVELAND was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £175,000 results in an estimated price of approximately £222,311.
| 25 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £175,000 | £47,311 | £222,311 |
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 | 21.799 % | £38,148 | £213,148 |
| 3 Month Average | 10.177 % | £17,809 | £192,809 |
| 6 Month Average | 6.317 % | £11,055 | £186,055 |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 15 Dec 2008.
The average size of a house on NEWQUAY DRIVE is 132 sq meters (1,430 sq feet).
This house is the smallest in the street with a floor area of 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenby Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lowestoft Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Yarmouth Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Barford Close |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Barford Close |