£129,457
This estimated value is based upon the latest sale price for the house of £117,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £117,000 | 22 Oct 2021 |
| £105,000 | 14 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2021 the House Price Index for REDCAR AND CLEVELAND was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £117,000 results in an estimated price of approximately £129,457.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £117,000 | £12,457 | £129,457 |
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 | 10.542 % | £12,333 | £129,333 |
| 3 Month Average | 9.801 % | £11,467 | £128,467 |
| 6 Month Average | 7.514 % | £8,791 | £125,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £140,000 | £140,000 | 24 ESKDALE TERRACE |
| 30 Jun 2023 | £170,060 | £168,000 | 44 GILL STREET |
| 21 Jun 2022 | £111,577 | £110,000 | 46 ESKDALE TERRACE |
| 29 Mar 2022 | £134,714 | £130,000 | 1 HOLLYMEAD DRIVE |
| 22 Oct 2021 | £129,458 | £117,000 | 75 HEDLEY STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Jun 2021. Using an estimated price of £129,458 means this house is valued at £1,618 per sq meter (£150 per sq foot).
The average size of a house on HEDLEY STREET is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollymead Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollymead Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollymead Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollymead Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollymead Drive |