£45,096
This estimated value is based upon the latest sale price for the house of £37,250 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 |
|---|---|
| £37,250 | 4 Oct 2019 |
| £54,000 | 20 Nov 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £37,250 results in an estimated price of approximately £45,096.
| 4 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £37,250 | £7,846 | £45,096 |
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 | 17.313 % | £6,449 | £43,699 |
| 3 Month Average | 10.780 % | £4,015 | £41,265 |
| 6 Month Average | 19.676 % | £7,329 | £44,579 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Apr 2016.
The average size of a house on WESTMORLAND ROAD is 79 sq meters (853 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Westmorland Road |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Westmorland Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmorland Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmorland Road |
| Dec 2023 | Drugs | Offender given a caution | On or near Westmorland Road |