£251,558
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Jan 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 |
|---|---|
| £240,000 | 24 Jan 2022 |
| Detached |
| 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 January 2022 the House Price Index for REDCAR AND CLEVELAND was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £240,000 results in an estimated price of approximately £251,558.
| 24 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £240,000 | £11,558 | £251,558 |
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 | -70.353 % | £-168,847 | £71,152 |
| 3 Month Average | -37.737 % | £-90,567 | £149,432 |
| 6 Month Average | 2.621 % | £6,291 | £246,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £919,302 | £907,500 | 29 - 30 HIGH STREET |
| 21 Jul 2023 | £73,192 | £72,500 | 12 NORTH ROAD |
| 28 Feb 2022 | £96,874 | £92,750 | 67 HIGH STREET |
| 24 Jan 2022 | £251,558 | £240,000 | THE WOODLANDS HIGH STREET |
| 1 Oct 2021 | £113,507 | £103,000 | 1 CO OPERATIVE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near High Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lingberry Garth |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lingberry Garth |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |