£194,092
This estimated value is based upon the latest sale price for the house of £195,000 on 30 Nov 2022. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£195,000 | 30 Nov 2022 |
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 2022 the House Price Index for REDCAR AND CLEVELAND was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £195,000 results in an estimated price of approximately £194,092.
30 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £195,000 | £-907 | £194,092 |
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 | 40.816 % | £79,590 | £274,590 |
3 Month Average | -11.168 % | £-21,778 | £173,221 |
6 Month Average | -7.286 % | £-14,206 | £180,793 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £110,400 | £110,400 | 32 METCALFE ROAD |
26 Apr 2024 | £35,811 | £35,500 | 78 SOUTH TERRACE |
19 Mar 2024 | £573,816 | £565,000 | R I CONSTRUCTION LTD TILBURY ROAD |
8 Mar 2024 | £705,845 | £695,000 | DAVISON ENGINEERING (NE) LTD SKIPPERS LANE |
18 Sep 2023 | £191,726 | £187,500 | 6 ANN STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Norman Terrace |
Jun 2024 | Anti-social behaviour | On or near Salisbury Terrace | |
Jun 2024 | Anti-social behaviour | On or near Salisbury Terrace | |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Salisbury Terrace |
May 2024 | Other crime | Investigation complete; no suspect identified | On or near Salisbury Terrace |