£492,050
This estimated value is based upon the latest sale price for the house of £287,500 on 13 Dec 2010. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £287,500 | 13 Dec 2010 |
| £249,000 | 23 Jul 2004 |
| 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 2010 the House Price Index for REDCAR AND CLEVELAND was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £287,500 results in an estimated price of approximately £492,050.
| 13 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £287,500 | £204,550 | £492,050 |
The Postcode Pricing Model uses changes in average sales price within the TS11 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 | 84.065 % | £241,685 | £529,185 |
| 3 Month Average | 33.957 % | £97,626 | £385,126 |
| 6 Month Average | 29.808 % | £85,697 | £373,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £277,353 | £272,500 | 8 DE HAVILLAND DRIVE |
| 26 Sep 2023 | £290,717 | £287,000 | 8 VICKERS CLOSE |
| 17 Jan 2023 | £298,544 | £299,950 | 9 VICKERS CLOSE |
| 19 Aug 2022 | £139,624 | £140,000 | 149 REDCAR ROAD |
| 24 Sep 2021 | £261,855 | £243,000 | 15 VICKERS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vickers Close |
| Jan 2024 | Anti-social behaviour | On or near Blackburn Grove | |
| Jan 2024 | Anti-social behaviour | On or near Blackburn Grove | |
| Jan 2024 | Anti-social behaviour | On or near Blackburn Grove | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Avro Close |