£204,849
This estimated value is based upon the latest sale price for the house of £152,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £152,000 | 12 Feb 2016 |
| £120,000 | 30 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 38 sq meters or 412 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 February 2016 the House Price Index for REDCAR AND CLEVELAND was 108.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 34.770%.Applying this 34.770% change to the original purchase price of £152,000 results in an estimated price of approximately £204,849.
| 12 Feb 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 146.7 | 34.770 % | £152,000 | £52,849 | £204,849 |
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 | 15.882 % | £24,140 | £176,140 |
| 3 Month Average | 23.143 % | £35,178 | £187,178 |
| 6 Month Average | 7.581 % | £11,523 | £163,523 |
This house has a floor area of 38 sq meters or 412 sq feet when measured on 19 May 2011.
The average size of a house on FALCON WAY is 92 sq meters (991 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osprey Close |
| Mar 2024 | Anti-social behaviour | On or near Bransdale | |
| Feb 2024 | Other theft | Under investigation | On or near Nightingale Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Nightingale Road |