£296,845
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Sep 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Redcar Road
More crime details
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| Price Paid | Date |
|---|---|
| £250,000 | 2 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 September 2020 the House Price Index for REDCAR AND CLEVELAND was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £250,000 results in an estimated price of approximately £296,845.
| 2 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £250,000 | £46,845 | £296,845 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 30.262 % | £75,654 | £325,654 |
| 3 Month Average | 26.363 % | £65,906 | £315,906 |
| 6 Month Average | 16.073 % | £40,182 | £290,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £322,824 | £320,000 | 15 THIRLBY WAY |
| 12 Jun 2023 | £328,985 | £325,000 | 8 HOVINGHAM DRIVE |
| 14 Mar 2023 | £55,523 | £55,000 | 23 MOUNT PLEASANT |
| 22 Oct 2021 | £312,580 | £282,500 | 2 HUBY COURT |
| 28 Sep 2021 | £264,010 | £245,000 | 23 THIRLBY WAY |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 7 Dec 2018. Using an estimated price of £296,845 means this house is valued at £1,777 per sq meter (£165 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Redcar Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Redcar Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Brompton Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Minskip Close |