£238,867
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Dec 2009. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There have been two burglaries within the last year on or near Ransome Way
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 1 Dec 2009 |
| £145,000 | 21 Nov 2007 |
| 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 December 2009 the House Price Index for REDCAR AND CLEVELAND was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £140,000 results in an estimated price of approximately £238,867.
| 1 Dec 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.620 % | £140,000 | £98,867 | £238,867 |
The Postcode Pricing Model uses changes in average sales price within the TS7 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 | 171.051 % | £239,471 | £379,471 |
| 3 Month Average | 26.005 % | £36,406 | £176,406 |
| 6 Month Average | 32.457 % | £45,439 | £185,439 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Ransome Way |
| Mar 2024 | Burglary | Under investigation | On or near Ransome Way |
| Mar 2024 | Burglary | Under investigation | On or near Meadow Close |
| Mar 2024 | Burglary | Under investigation | On or near Meadow Close |
| Dec 2023 | Anti-social behaviour | On or near Meadow Close |