£4,732,327
This estimated value is based upon the latest sale price for the house of £3,726,239 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Millers Lane
More crime details
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| Price Paid | Date |
|---|---|
| £3,726,239 | 3 Nov 2017 |
| 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 November 2017 the House Price Index for REDCAR AND CLEVELAND was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £3,726,239 results in an estimated price of approximately £4,732,327.
| 3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £3,726,239 | £1,006,088 | £4,732,327 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 51.823 % | £1,931,039 | £5,657,278 |
| 3 Month Average | 53.274 % | £1,985,105 | £5,711,344 |
| 6 Month Average | 40.040 % | £1,491,994 | £5,218,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £110,000 | £110,000 | 13 DALE TERRACE |
| 12 Oct 2023 | £167,811 | £164,000 | 77 BALMORAL ROAD |
| 7 Aug 2023 | £122,204 | £120,000 | 67 BALMORAL ROAD |
| 28 Apr 2023 | £382,148 | £375,000 | MOOR AND COAST QUARTERS HIGH STANGHOW |
| 29 Apr 2022 | £344,424 | £332,000 | 6 LOW STANGHOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Millers Lane |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Millers Lane |
| Jul 2024 | Anti-social behaviour | On or near Stanghow Road | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beechcroft Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechcroft Close |