£425,149
This estimated value is based upon the latest sale price for the house of £420,000 on 9 Jun 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 |
---|---|
£420,000 | 9 Jun 2023 |
£297,500 | 10 Jul 2017 |
£125,000 | 28 Jul 1997 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 June 2023 the House Price Index for REDCAR AND CLEVELAND was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £420,000 results in an estimated price of approximately £425,149.
9 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £420,000 | £5,149 | £425,149 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | -15.764 % | £-66,209 | £353,790 |
3 Month Average | -2.191 % | £-9,200 | £410,799 |
6 Month Average | 2.328 % | £9,779 | £429,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £244,274 | £240,000 | 12 THE GREEN |
31 Aug 2023 | £388,398 | £385,000 | 66 THE FAIRWAY |
14 Aug 2023 | £418,663 | £415,000 | 20 HOB HILL CLOSE |
3 Aug 2023 | £302,648 | £300,000 | 63 THE FAIRWAY |
9 Jun 2023 | £425,150 | £420,000 | 61 THE FAIRWAY |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 6 Mar 2017. Using an estimated price of £425,150 means this house is valued at £3,428 per sq meter (£318 per sq foot).
The average size of a house on THE FAIRWAY is 117 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Ridge |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Ridge |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gill Street |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hob Hill Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |