£200,665
This estimated value is based upon the latest sale price for the house of £162,500 on 28 Sep 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 |
---|---|
£162,500 | 28 Sep 2018 |
£145,000 | 14 Sep 2012 |
£155,000 | 24 Nov 2006 |
£73,000 | 3 Aug 2001 |
£69,995 | 1 Oct 1999 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,073 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 2018 the House Price Index for REDCAR AND CLEVELAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £162,500 results in an estimated price of approximately £200,665.
28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £162,500 | £38,165 | £200,665 |
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 | 13.370 % | £21,726 | £184,226 |
3 Month Average | 11.571 % | £18,803 | £181,303 |
6 Month Average | 5.885 % | £9,563 | £172,063 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £312,736 | £310,000 | 3 HADSTON CLOSE |
30 Jun 2023 | £210,044 | £207,500 | 11 SKOMER COURT |
8 Apr 2022 | £226,556 | £220,000 | 75 TORCROSS WAY |
11 Mar 2022 | £253,366 | £244,500 | 12 TREVOSE CLOSE |
11 Feb 2022 | £246,443 | £235,000 | 97 TORCROSS WAY |
This house has a floor area of 99 sq meters or 1,073 sq feet when measured on 29 Jan 2010. Using an estimated price of £200,666 means this house is valued at £2,012 per sq meter (£186 per sq foot).
The average size of a house on TORCROSS WAY is 100 sq meters (1,079 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trevose Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Trevose Close |
Mar 2024 | Anti-social behaviour | On or near Hadston Close |