£158,005
This estimated value is based upon the latest sale price for the house of £127,500 on 27 Jul 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 |
|---|---|
| £127,500 | 27 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 July 2018 the House Price Index for REDCAR AND CLEVELAND was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £127,500 results in an estimated price of approximately £158,005.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £127,500 | £30,505 | £158,005 |
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 | -43.708 % | £-55,727 | £71,772 |
| 3 Month Average | 1.920 % | £2,447 | £129,947 |
| 6 Month Average | 33.614 % | £42,858 | £170,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £242,612 | £240,000 | FLAT 15 THE ZETLAND MARINE PARADE |
| 6 Oct 2022 | £143,455 | £145,000 | 17 ZETLAND COURT |
| 9 Sep 2022 | £153,758 | £155,000 | FLAT 5 THE ZETLAND MARINE PARADE |
| 27 May 2022 | £241,551 | £237,000 | FLAT 3 3 BALMORAL TERRACE |
| 23 Mar 2022 | £196,890 | £190,000 | 4 WARRIOR TERRACE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Apr 2014. Using an estimated price of £158,005 means this house is valued at £1,717 per sq meter (£159 per sq foot).
The average size of a house on CLEVELAND STREET is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dundas Street East |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dundas Street East |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Dundas Street East |
| Jan 2024 | Anti-social behaviour | On or near Dundas Street East | |
| Jan 2024 | Anti-social behaviour | On or near Dundas Street East |