£275,780
This estimated value is based upon the latest sale price for the house of £174,950 on 6 Jul 2007. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £174,950 | 6 Jul 2007 |
| £159,995 | 2 Aug 2005 |
| £75,995 | 29 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,085 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 July 2007 the House Price Index for REDCAR AND CLEVELAND was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £174,950 results in an estimated price of approximately £275,780.
| 6 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £174,950 | £100,830 | £275,780 |
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 | 23.264 % | £40,701 | £215,651 |
| 3 Month Average | 10.375 % | £18,150 | £193,100 |
| 6 Month Average | 5.264 % | £9,208 | £184,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £310,598 | £306,000 | 141 TORCROSS WAY |
| 10 Jul 2023 | £124,171 | £122,500 | 25 TREVARRIAN DRIVE |
| 19 Apr 2023 | £323,483 | £320,000 | 135 TORCROSS WAY |
| 11 May 2022 | £290,473 | £285,000 | 4 TREVARRIAN DRIVE |
| 8 Apr 2022 | £190,513 | £185,000 | 31 TREVARRIAN DRIVE |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 5 Sep 2009. Using an estimated price of £275,781 means this house is valued at £2,734 per sq meter (£254 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 Millstone Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trevarrian Drive |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Trevarrian Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Worset Grove |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worset Grove |