£69,541
This estimated value is based upon the latest sale price for the house of £52,500 on 14 Oct 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 |
|---|---|
| £52,500 | 14 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 October 2016 the House Price Index for REDCAR AND CLEVELAND was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £52,500 results in an estimated price of approximately £69,541.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £52,500 | £17,041 | £69,541 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | -0.340 % | £-178 | £52,321 |
| 3 Month Average | 9.684 % | £5,084 | £57,584 |
| 6 Month Average | 11.347 % | £5,957 | £58,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £67,175 | £66,000 | FLAT 18 THE CHERRY TREES COATHAM ROAD |
| 15 Dec 2023 | £162,849 | £160,000 | 5 COATHAM ROAD |
| 30 Nov 2023 | £50,751 | £50,000 | FLAT 30 THE CHERRY TREES COATHAM ROAD |
| 23 Nov 2023 | £60,851 | £59,950 | 31 LABURNUM HOUSE COATHAM ROAD |
| 1 Sep 2023 | £70,856 | £69,950 | FLAT 52 THE CHERRY TREES COATHAM ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 3 Feb 2015. Using an estimated price of £69,542 means this house is valued at £1,264 per sq meter (£117 per sq foot).
The average size of a house on COATHAM ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Elliot Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peirson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peirson Court |