£216,832
This estimated value is based upon the latest sale price for the house of £158,000 on 14 Jan 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£158,000 | 14 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 January 2016 the House Price Index for REDCAR AND CLEVELAND was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £158,000 results in an estimated price of approximately £216,832.
14 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £158,000 | £58,832 | £216,832 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | -33.286 % | £-52,591 | £105,408 |
3 Month Average | 9.596 % | £15,162 | £173,162 |
6 Month Average | 21.992 % | £34,746 | £192,746 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £131,954 | £130,000 | 11 BELGRAVE DRIVE |
29 Sep 2023 | £59,764 | £59,000 | 73 BEXLEY DRIVE |
25 Aug 2023 | £126,103 | £125,000 | 46 GUILDFORD ROAD |
30 Jun 2023 | £187,268 | £185,000 | 28 BUCKINGHAM DRIVE |
12 Jun 2023 | £66,809 | £66,000 | 109 BEXLEY DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Apr 2013. Using an estimated price of £216,832 means this house is valued at £2,550 per sq meter (£236 per sq foot).
The average size of a house on GUILDFORD ROAD is 100 sq meters (1,080 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Guildford Road | |
Feb 2024 | Anti-social behaviour | On or near Guildford Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bexley Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bexley Drive |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hampstead Grove |