£729,959
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Oct 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 4 Oct 2023 |
| 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 October 2023 the House Price Index for REDCAR AND CLEVELAND was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £120,000 results in an estimated price of approximately £729,959.
| 4 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £120,000 | £609,959 | £729,959 |
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 | 49.238 % | £59,085 | £179,085 |
| 3 Month Average | -7.107 % | £-8,527 | £111,472 |
| 6 Month Average | -9.008 % | £-10,809 | £109,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £152,671 | £150,000 | 17 KILTON CLOSE |
| 30 Nov 2023 | £169,510 | £167,000 | 50 CASTLE ROAD |
| 22 Nov 2023 | £142,104 | £140,000 | 46 CASTLE ROAD |
| 25 Sep 2023 | £136,748 | £135,000 | 167 CASTLE ROAD |
| 15 Sep 2023 | £162,072 | £160,000 | 72 CASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middleham Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Rothesay Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rothesay Drive |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Rothesay Drive |
| Mar 2024 | Anti-social behaviour | On or near Castle Road |