£107,258
This estimated value is based upon the latest sale price for the house of £70,000 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 14 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 980 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 December 2007 the House Price Index for REDCAR AND CLEVELAND was 95.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.227%.Applying this 53.227% change to the original purchase price of £70,000 results in an estimated price of approximately £107,258.
| 14 Dec 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 146.7 | 53.227 % | £70,000 | £37,258 | £107,258 |
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 | 32.959 % | £23,071 | £93,071 |
| 3 Month Average | 35.064 % | £24,544 | £94,544 |
| 6 Month Average | 18.922 % | £13,245 | £83,245 |
This house has a floor area of 91 sq meters or 980 sq feet when measured on 28 Sep 2011.
There is one other house on the street which we know the size of, this is 8 NEWHOLME COURT it is 90.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Offender given a drugs possession warning | On or near Newholme Court |
| Mar 2024 | Anti-social behaviour | On or near Raithwaite Close | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Raithwaite Close |
| Mar 2024 | Anti-social behaviour | On or near Raithwaite Close | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Raithwaite Close |