£618,674
This estimated value is based upon the latest sale price for the house of £625,000 on 19 Jul 2022. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There have been three burglaries within the last year on or near South Town Lane
More crime details
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| Price Paid | Date |
|---|---|
| £625,000 | 19 Jul 2022 |
| £362,500 | 31 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 July 2022 the House Price Index for REDCAR AND CLEVELAND was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £625,000 results in an estimated price of approximately £618,674.
| 19 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £625,000 | £-6,325 | £618,674 |
The Postcode Pricing Model uses changes in average sales price within the TS13 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 | -20.845 % | £-130,279 | £494,720 |
| 3 Month Average | 5.413 % | £33,834 | £658,834 |
| 6 Month Average | 33.580 % | £209,874 | £834,874 |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 3 Nov 2021.
The average size of a house on SOUTH LOFTUS is 174 sq meters (1,877 sq feet).
This house is the largest in the street with a floor area of 185 sq meters (1,991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Town Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near South Town Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Town Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Town Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Town Lane |