£245,127
This estimated value is based upon the latest sale price for the house of £193,000 on 18 Aug 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 |
|---|---|
| £193,000 | 18 Aug 2017 |
| £160,000 | 9 Jul 2014 |
| £68,000 | 7 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 August 2017 the House Price Index for REDCAR AND CLEVELAND was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £193,000 results in an estimated price of approximately £245,127.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £193,000 | £52,127 | £245,127 |
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 | -53.735 % | £-103,707 | £89,292 |
| 3 Month Average | 10.278 % | £19,835 | £212,835 |
| 6 Month Average | 20.162 % | £38,912 | £231,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £244,274 | £240,000 | 12 THE GREEN |
| 8 Dec 2023 | £344,019 | £338,000 | 46 GUISBOROUGH ROAD |
| 14 Aug 2023 | £418,663 | £415,000 | 20 HOB HILL CLOSE |
| 27 Feb 2023 | £164,889 | £165,000 | 8 THE LINKS |
| 3 Oct 2022 | £746,957 | £755,000 | THE LODGE GUISBOROUGH ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 28 Oct 2012. Using an estimated price of £245,127 means this house is valued at £4,154 per sq meter (£385 per sq foot).
The average size of a house on THE FAIRWAY is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gill Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marske Mill Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marske Mill Lane |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Marske Mill Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Marske Mill Lane |