£373,227
This estimated value is based upon the latest sale price for the house of £365,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£365,000 | 22 Sep 2023 |
£314,995 | 23 Nov 2018 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 2023 the House Price Index for REDCAR AND CLEVELAND was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £365,000 results in an estimated price of approximately £373,227.
22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £365,000 | £8,227 | £373,227 |
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 | 26.073 % | £95,167 | £460,167 |
3 Month Average | -12.859 % | £-46,935 | £318,064 |
6 Month Average | 1.157 % | £4,222 | £369,222 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £330,900 | £322,500 | 117 FARNDALE DRIVE |
29 Sep 2023 | £161,561 | £158,000 | 70 GLAISDALE ROAD |
22 Sep 2023 | £373,227 | £365,000 | 7 LOCKTON CLOSE |
15 Jun 2022 | £73,317 | £71,750 | 44 GLAISDALE ROAD |
13 May 2022 | £385,031 | £375,000 | 99 FARNDALE DRIVE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 8 Nov 2018. Using an estimated price of £373,227 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on LOCKTON CLOSE is 119 sq meters (1,284 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Lyndale |
Jun 2024 | Drugs | Under investigation | On or near Bransdale |
Jun 2024 | Other theft | Under investigation | On or near Bransdale |
Jun 2024 | Anti-social behaviour | On or near Bilsdale Gardens | |
Jun 2024 | Anti-social behaviour | On or near Bilsdale Gardens |