£175,597
This estimated value is based upon the latest sale price for the house of £142,500 on 12 Nov 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 |
|---|---|
| £142,500 | 12 Nov 2018 |
| £124,950 | 16 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2018 the House Price Index for REDCAR AND CLEVELAND was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £142,500 results in an estimated price of approximately £175,597.
| 12 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £142,500 | £33,097 | £175,597 |
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 | 31.156 % | £44,397 | £186,897 |
| 3 Month Average | 6.671 % | £9,505 | £152,005 |
| 6 Month Average | 3.720 % | £5,301 | £147,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Feb 2023 | £144,902 | £145,000 | 90 THAMES ROAD |
| 22 Jul 2022 | £143,386 | £143,000 | 58 TYNE ROAD |
| 1 Jul 2022 | £134,362 | £134,000 | 20 TWEED ROAD |
| 30 Jun 2022 | £131,863 | £130,000 | 21 TYNE ROAD |
| 29 Apr 2022 | £190,513 | £185,000 | 22 DERWENT ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 4 Mar 2016. Using an estimated price of £175,598 means this house is valued at £1,888 per sq meter (£175 per sq foot).
The average size of a house on THAMES ROAD is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Thames Road | |
| Mar 2024 | Anti-social behaviour | On or near Thames Road | |
| Mar 2024 | Anti-social behaviour | On or near Thames Road | |
| Mar 2024 | Anti-social behaviour | On or near Thames Road | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Thames Road |