£154,784
This estimated value is based upon the latest sale price for the house of £115,995 on 25 Oct 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£115,995 | 25 Oct 2016 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 October 2016 the House Price Index for REDCAR AND CLEVELAND was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £115,995 results in an estimated price of approximately £154,784.
25 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £115,995 | £38,789 | £154,784 |
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 | -11.658 % | £-13,523 | £102,471 |
3 Month Average | 11.982 % | £13,898 | £129,893 |
6 Month Average | 19.661 % | £22,805 | £138,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £145,000 | £145,000 | 47 ROWANTREE GARDENS |
14 Sep 2023 | £159,516 | £156,000 | 100 MERSEY ROAD |
8 Aug 2022 | £60,282 | £60,000 | 191 TROUTBECK ROAD |
27 May 2022 | £138,611 | £135,000 | 104 MERSEY ROAD |
28 Apr 2022 | £164,431 | £158,500 | 59 MERSEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Oct 2016. Using an estimated price of £154,785 means this house is valued at £1,984 per sq meter (£184 per sq foot).
The average size of a house on MERSEY ROAD is 99 sq meters (1,067 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Carrock Close | |
Jun 2024 | Anti-social behaviour | On or near Carrock Close |