£166,779
This estimated value is based upon the latest sale price for the house of £136,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £136,000 | 4 Oct 2019 |
| £145,000 | 5 Sep 2014 |
| £136,500 | 9 Aug 2011 |
| £141,000 | 2 May 2006 |
| £56,000 | 30 Jan 1998 |
| £58,500 | 28 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2019 the House Price Index for REDCAR AND CLEVELAND was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £136,000 results in an estimated price of approximately £166,779.
| 4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £136,000 | £30,779 | £166,779 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 34.032 % | £46,283 | £182,283 |
| 3 Month Average | 24.305 % | £33,054 | £169,054 |
| 6 Month Average | 20.761 % | £28,234 | £164,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £293,756 | £290,000 | 16 SHEERNESS WAY |
| 18 Jul 2023 | £81,091 | £80,000 | 27 STUDLAND ROAD |
| 24 Apr 2023 | £156,687 | £155,000 | 28 SALCOMBE WAY |
| 13 Jul 2022 | £340,918 | £340,000 | 12 SHEERNESS WAY |
| 11 Mar 2022 | £253,884 | £245,000 | 3 SHEERNESS WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Jun 2015. Using an estimated price of £166,780 means this house is valued at £1,985 per sq meter (£184 per sq foot).
The average size of a house on SHOREHAM CLOSE is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Shoreham Close | |
| Mar 2024 | Anti-social behaviour | On or near Shoreham Close | |
| Mar 2024 | Anti-social behaviour | On or near Studland Road | |
| Mar 2024 | Anti-social behaviour | On or near Studland Road | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Swanage Drive |