£469,485
This estimated value is based upon the latest sale price for the house of £380,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £380,000 | 28 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 269 sq meters or 2,898 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 June 2019 the House Price Index for REDCAR AND CLEVELAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £380,000 results in an estimated price of approximately £469,485.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £380,000 | £89,485 | £469,485 |
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 | 46.628 % | £177,184 | £557,184 |
| 3 Month Average | 23.619 % | £89,750 | £469,750 |
| 6 Month Average | 18.002 % | £68,407 | £448,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £242,612 | £240,000 | FLAT 15 THE ZETLAND MARINE PARADE |
| 27 Jan 2023 | £119,437 | £120,000 | 6 CLIFFDEN COURT SALTBURN LANE |
| 9 Sep 2022 | £153,758 | £155,000 | FLAT 5 THE ZETLAND MARINE PARADE |
| 3 Aug 2022 | £8,774 | £8,798 | BURNSYDE SALTBURN BANK |
| 3 Aug 2022 | £807,826 | £810,000 | VISTA MAR SALTBURN BANK |
This house has a floor area of 269 sq meters or 2,898 sq feet when measured on 17 Jun 2010. Using an estimated price of £469,485 means this house is valued at £1,743 per sq meter (£161 per sq foot).
The average size of a house on SALTBURN LANE is 92 sq meters (992 sq feet).
This house is the largest in the street with a floor area of 269 sq meters (2,898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenside |
| Mar 2024 | Anti-social behaviour | On or near Saltburn Bank | |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Saltburn Bank |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |