£143,714
This estimated value is based upon the latest sale price for the house of £116,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £116,000 | 8 Jun 2018 |
| £132,500 | 24 Nov 2017 |
| Semi-Detached |
| Freehold |
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 2018 the House Price Index for REDCAR AND CLEVELAND was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £116,000 results in an estimated price of approximately £143,714.
| 8 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £116,000 | £27,714 | £143,714 |
The Postcode Pricing Model uses changes in average sales price within the TS11 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 | 80.384 % | £93,245 | £209,245 |
| 3 Month Average | 23.104 % | £26,801 | £142,801 |
| 6 Month Average | 19.515 % | £22,637 | £138,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £181,101 | £180,000 | 30 WOODFORD CLOSE |
| 17 Jul 2023 | £196,862 | £195,000 | 59 REDCAR ROAD |
| 11 Jul 2023 | £227,149 | £225,000 | 47 REDCAR ROAD |
| 6 Apr 2023 | £216,610 | £215,000 | 55 REDCAR ROAD |
| 17 Jun 2022 | £186,894 | £185,000 | 69 REDCAR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |