£329,363
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Oct 2014. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Hob Hill Lane
More crime details
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| Price Paid | Date |
|---|---|
| £220,000 | 7 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2014 the House Price Index for REDCAR AND CLEVELAND was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £220,000 results in an estimated price of approximately £329,363.
| 7 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £220,000 | £109,363 | £329,363 |
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 | 17.709 % | £38,960 | £258,960 |
| 3 Month Average | 39.420 % | £86,724 | £306,724 |
| 6 Month Average | 21.709 % | £47,759 | £267,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £284,986 | £280,000 | 1 THE FAIRWAY |
| 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 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Aug 2013. Using an estimated price of £329,363 means this house is valued at £3,395 per sq meter (£315 per sq foot).
The average size of a house on THE FAIRWAY is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hob Hill Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gill Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marske Mill Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marske Mill Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodrow Avenue |