£298,116
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Mar 2017. 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 Queensbury Close
More crime details
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| Price Paid | Date |
|---|---|
| £230,000 | 8 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 March 2017 the House Price Index for REDCAR AND CLEVELAND was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £230,000 results in an estimated price of approximately £298,116.
| 8 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £230,000 | £68,116 | £298,116 |
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 | 3.337 % | £7,674 | £237,674 |
| 3 Month Average | 5.222 % | £12,011 | £242,011 |
| 6 Month Average | -1.243 % | £-2,858 | £227,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £192,855 | £190,000 | 10 DRAYCOTT CLOSE |
| 8 Jul 2022 | £205,553 | £205,000 | 33 YEW TREE AVENUE |
| 7 Jan 2022 | £163,123 | £155,000 | 12 DRAYCOTT CLOSE |
| 30 Sep 2021 | £290,896 | £269,950 | 494 WEST DYKE ROAD |
| 17 Sep 2021 | £193,967 | £180,000 | 504 WEST DYKE ROAD |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 24 Apr 2015. Using an estimated price of £298,117 means this house is valued at £1,703 per sq meter (£158 per sq foot).
The average size of a house on WEST DYKE ROAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Queensbury Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Greencroft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greencroft |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Honeysuckle Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Honeysuckle Gardens |