£90,990
This estimated value is based upon the latest sale price for the house of £72,500 on 8 Jan 2018. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £72,500 | 8 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 January 2018 the House Price Index for REDCAR AND CLEVELAND was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £72,500 results in an estimated price of approximately £90,990.
| 8 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £72,500 | £18,490 | £90,990 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 57.328 % | £41,562 | £114,062 |
| 3 Month Average | 18.236 % | £13,221 | £85,721 |
| 6 Month Average | 10.865 % | £7,877 | £80,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £116,728 | £115,000 | 22 LINCOLN ROAD |
| 25 Sep 2023 | £135,736 | £134,000 | 14 LINCOLN ROAD |
| 19 Sep 2023 | £163,085 | £161,000 | 43 BEVERLEY ROAD |
| 11 Aug 2023 | £186,633 | £185,000 | 5 BEVERLEY ROAD |
| 23 Jun 2023 | £151,839 | £150,000 | 84 LINCOLN ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 May 2017. Using an estimated price of £90,990 means this house is valued at £1,338 per sq meter (£124 per sq foot).
The average size of a house on NORWICH ROAD is 95 sq meters (1,031 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Norwich Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Norwich Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beverley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beverley Road |